MONEYFITMD PODCAST

Episode 298: Teach Your Kids About Wealth Without Raising Entitled Adults

Dr Latifat Akintade

Send us a text

Dr. Latifat is the author of the Amazon bestselling books Done With Broke: The Woman Physician’s Guide to More Money and Less Hustle and The Power to Choose: The Woman Physician’s Guide to Financial Liberation and Life on Your Terms. She is also the founder of MoneyFitMD, a financial empowerment platform designed to help women physicians achieve financial independence without sacrificing their well-being.

In this episode, she dives into how to raise financially confident children, sharing practical ways to teach kids about money, break the cycle of fear or scarcity, and pass on values that create generational wealth. Whether you have kids, nieces, nephews, or are part of a community raising the next generation, this conversation is for you.


Key Takeaways:

  1. Money values start at home.
  2. Kids learn more by example than by lectures.
  3. Start by teaching intentional spending.

Timestamps:
00:00 Welcome & intro to MoneyFitMD
01:15 Why this topic matters for all caregivers
03:40 How money beliefs shape kids early on
06:25 Teaching by example vs. lectures
09:10 Overcoming your own money fears
12:45 Conversations to start having now
15:30 Why kids need to see you manage money well
18:20 Breaking generational money trauma
21:10 Practical tips for money lessons at home
24:40 The role of generosity and giving27:15 Encouraging kids to think long-term
29:55 Final encouragement and wrap-up


Connect with Dr. Latifat:
☎️ Book A Call: https://www.moneyfitmd.com/call
💡 Instagram: @moneyfitmd
🔗 LinkedIn: https://www.linkedin.com/in/dr-latifat-akintade-0137b5200
📩 Email: drlatifat@moneyfitmd.com
👥 Facebook Group: https://www.facebook.com/share/g/164eQz53kD/
💸 Youtube: https://www.youtube.com/@moneyfitmd


The 3-Day Physician’s Financial Breakthrough Solution

Turn Your Current Clinical Income Into More Money, Peace of Mind & Freedom—Without More Work

July 7-9, 2025 | 4-5:00 PM PT | Virtual Live Event

Cost: $0

Join our FREE workshop for women physicians who want to master how to earn more, spend better & grow their money without working more hours ⬇️
https://www.moneyfitmd.com/flp


Click Here to Secure Your Spot for the 2025 Wealthy You In-Person Gathering.

Ready to explore the transformative power of sabbaticals?

Download the free Sabbatical Guide at
Moneyfitmd.com/Sabbatical and embark on a journey to financial freedom and personal growth. Share the link with your fellow physicians and join the movement to normalize taking pauses for a healthier and more fulfilling life.

If you are a Hardworking, Busy Woman physician who wants to get good at money without wasting more time sifting through the internet. This is for you.
https://www.moneyfitmd.com/guide

We are social:
Facebook: https://web.facebook.com/MoneyfitMD/
Instagram: https://www.instagram.com/moneyfitmd/
Youtube: youtube.com/@moneyfitmd