Hayden Mulholland

speaker

253 appearances 1 recordings 1 series first heard Jul 2026 last heard 26 Jul

Hayden Mulholland’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.

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The Prosperity Project · When should you teach children about money? · 26 Jul 2026 podcast

But actually, what a great lesson.

And the downfall...

The risk to them in doing that is pretty small.

I mean, it's loss of convenience at best.

It's not something huge from a financial point of view.

And again, what a great lesson, really, I think.

I think so.

I don't think you should come in and save them.

There might be some elements of urgency where they need to be contacting you as their parent, but I suppose they could call, which is not something that the kids tend to do.

So it probably won't impact the amount of data they've got, but they can still call you if they need to.

No, I fundamentally don't believe in coming in and risking them for those final two, three weeks or whatever it is.

Yeah, and also then perhaps they'll be more willing to throw things away on the way through because they know that you're always going to be there to pick up the pieces.

And as you say, as they get older, the actual financial costs of some of those lessons start to get pretty expensive.

It's probably an age thing.

It's a pretty tricky thing to tell a four-year-old, right?

But maybe as they're older or all the rest of it, there is a lesson there.

And if the lesson is, as we said before, if the lesson is you've got no data on your phone for three weeks, I think we can look at that and say that that's not really the end of the world.

If the cost is...

going to have an impact on their health or even their genuine you know future financial ability to maybe borrow for a house or something like that maybe you do step in but rather than giving there's some there's some hooks in there too maybe it's repayment we need to take a quick break but after that i want to talk about how you step it up when they become teenagers we'll be right back after this

Yeah, I agree.

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