How to Raise Money-Smart Kids: Financial Literacy, Confidence & a Growth Mindset with Dr. Michele Cho Dorado
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Episode Summary:
Raising confident kids is about more than helping them succeed in school. In this episode of Parent Confidence Lab, Hans and Cristina Kullberg sit down with Dr. Michele Cho Dorado, a pediatric gastroenterologist, author, mother, and founder passionate about helping children become confident and money-smart from an early age.
Michele shares why she believes financial literacy should start when kids are young, and how parents can teach money through everyday conversations, play, hands-on experiences, and modeling. From saving and investing to starting pretend businesses and learning from failure, she explains how simple activities can help children develop curiosity, confidence, decision-making skills, and a growth mindset.
The conversation also explores the connection between money beliefs, family values, confidence, and the messages children absorb at home. Michele shares lessons from her own journey as a physician, investor, author, and entrepreneur, along with practical ways parents can encourage lifelong learning and help their children become thoughtful, independent decision-makers.
What You'll Learn- Why financial literacy should start early in childhood
- How parents can teach money through everyday activities and play
- The importance of modeling healthy money habits at home
- How curiosity and asking questions build confidence
- Why failure can be one of the best learning tools for kids
- How money beliefs and family experiences can shape children
- Ways to encourage a growth mindset and independent decision-making
- How financial confidence connects to broader life skills and self-confidence
About Dr. Michele Cho Dorado
Dr. Michele Cho Dorado is a pediatric gastroenterologist, author, mother, investor, and entrepreneur passionate about raising confident, curious, and money-smart kids. Inspired by her own children, she created Reach for the Stars, a collection of children's books and educational resources designed to introduce young learners to financial concepts through engaging stories and real-life experiences.
Michele believes financial education is about much more than teaching children what money means. It is about helping them develop the confidence to ask questions, make decisions, take thoughtful risks, learn from failure, and build a healthy relationship with money.
Connect with Dr. Michele Cho DoradoLinkedIn: linkedin.com/in/michelecd
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