Welcome to Hot Topics! Gabrielle Crichlow talks to guest Candice Bakx-Friesen about helping teenagers with money management.

In this episode, Candice Bakx-Friesen discusses how to talk to teenagers about money, including the emotional attachment people have to money and how it can be used as a coping mechanism. Candice suggests starting the conversation with young children by teaching them about needs versus wants and introducing an allowance for teenagers. Candice also discusses the importance of teaching children about budgeting, paying bills, and the consequences of not paying bills. She cautions against using money as a punishment and suggests that parents should explain to their children why they can't afford certain things instead of simply saying there is no money. The episode emphasizes the importance of having open and honest conversations with teenagers about money management, tailoring financial advice to their individual needs and circumstances, and teaching children about emotional spending and financial privilege.

Who is Candice Bakx-Friesen?
Candice is passionate about helping people reach their financial dreams. She is a highly motivated woman who is passionate about helping others succeed in life and business. She is a mother of 4, a performing realtor, an entrepreneur, a money coach, and a speaker. Candice has been a real estate investor since 2001. Candice’s candid approach to business and affinity for getting past the fluff and getting to the root of each challenge for her clients so they get a lot done has led to her becoming a highly sought-after coach within the finance and real estate industries. She also provides sales coaching to fellow real estate agents, but her passion lies in finance. She coaches / trains/mentors on money topics, anything from basic budgeting to real estate investing. Candice has had many opportunities to speak in front of large crowds and enjoys teaching others and helping people reach their financial dreams.

You can find Candice Bakx-Friesen:
On the web # 1: https://www.candicebakxfriesen.com
On the web # 2: http://www.investorsmarts.ca
On Facebook # 1: https://www.facebook.com/candicebakxfriesenteam
On Facebook # 2: https://www.facebook.com/InvestorSmarts
On Facebook # 3: https://www.facebook.com/candicebakxfriesen
On Instagram # 1: https://www.instagram.com/candice.bakx.friesen
On Instagram # 2: https://www.instagram.com/investorsmarts
On Instagram # 3: https://www.instagram.com/investorsmartspodcast
On YouTube: https://www.youtube.com/channel/UC-lS0UYG9P5mcFq4EAamWpA
On LinkedIn: https://www.linkedin.com/in/candice-bakx-friesen-68104031
On Twitter: https://twitter.com/CandiceatRLP
On TikTok: https://www.tiktok.com/@candicebakxfriesen

Candice has a promo: 20min Free Strategy Call

Watch this episode on YouTube: https://youtube.com/live/8H74T4Er9eY
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Original date of episode: March 2, 2023