What you learn about money as a child can shape your decisions for life.

On this episode of Get Ready Before Life Happens, Tony talks with Dr. Bilal Pandow about how childhood experiences shape lifelong money habits, why even highly educated people struggle with financial decisions, and how simple, consistent conversations can help build confidence and better financial behaviors over time.

Key takeaways

🔹 Behavior is a central component of financial literacy, rather than just understanding concepts.

🔹 Early experiences with money shape lifelong habits and confidence.

🔹 Even highly educated people struggle without practical financial behaviors.

🔹 Children learn about money through observation and everyday conversations.

🔹 Simple, consistent habits matter more than complex financial strategies.

🔹 Storytelling helps make financial concepts concrete, memorable, and relatable.

🔹 Financial literacy is for everyone and can be built at any stage of life.

Tony’s Take: Financial readiness starts earlier than we think. The habits, conversations, and experiences we have around money in childhood shape how we make decisions for the rest of our lives. The goal is not perfection. It is building simple, consistent behaviors that help people see money as a tool, not a source of stress.

 🎥 Watch this episode below: 

🎧 Listen to the podcast below or on your favorite podcast app. 

Connect with Dr. Bilal Ahmad Pandow: 

• LinkedIn: https://www.linkedin.com/in/dr-bilal-pandow-a5204a16/
• Instagram: https://www.instagram.com/financewithbilal/

Books: 

• A to Z of Finance for Children: https://a.co/d/01ECYihD
• Money Villa: Learn to be Money Smart: https://amzn.in/d/0c0fhGou

Bio: 

Dr. Bilal Ahmad Pandow is an Associate Professor of Finance at Bahrain Polytechnic and a researcher, editor, and advisor working across financial literacy, financial inclusion, sustainable finance, and climate-related economic resilience. He is a recipient of the Obada Prize in Social Sciences, an international award recognizing innovative and interdisciplinary research excellence. His work focuses on helping individuals, families, and communities make better financial decisions, with a particular interest in children's financial education, policy-relevant research, and practical approaches that bridge academia and everyday life.

Dr. Pandow has authored books designed to disseminate complex financial concepts to broader, non-academic audiences, particularly children, demonstrating his commitment to financial literacy. These include the children's storybook MoneyVilla: Learn to be Money Smart and A to Z of FINANCE for CHILDREN.