Financial Planner Luke Smith joined 2CC Talking Canberra in Money Matters, that aired live on Friday 20 February 2026. The end of of Summer is almost upon us! Luke is joined by Leon Delaney to talk about a topic that is important for parents and grandparents. The topic is: How can you give your kids the greatest start in life financially? It’s not about hand-outs on silver spoons, it’s about what you teach them and a lot is learned through them watching what your own financial behaviour is like too.
Thank you for joining us live on 2CC, YouTube, Spotify or your favourite podcast streaming service for ‘The Strategy Stacker – Luke Talks Money’.
Key topics covered include:
- People, including kids, are a product of their environment. What environment will you create for your kids when it comes to money?
- Language, information and behaviour should be positive and reinforced over time.
- A little savings plan is a good way to start; it provides principles in practice and gives them a connection with financial decisions and outcomes.
- Can technology help?
- There’s a benefit to savings repetition, without an end date in mind – sure you can save for a specific thing, but you can also teach them to be long-term savers and investors.
- Compound interest has really good positive benefits in the long-term. Luke gives an example.
- There’s a real financial benefit of starting something for little ones when they arrive. Equally, it’s never too late to start.
- Engage the kids, don’t just do it for the kids without involving them. This keeps them uneducated.
- Luke believes if you’re simply given money or inherit it, most people will behave differently, to those that earned it. And while young kids might not understand the full mechanics, they learn something about it at an early age.
- You can then build on these early learnings. For example, when they do get a job, they can add their own savings and take more ownership.
- Remember you can amend what you save to invest at different stages of life.
- Luke shares his tips to help you give your kids the greatest start in life financially.
Our podcast is also available on Apple Podcasts, Spotify and YouTube – ‘The Strategy Stacker – Luke Talks Money’
Do you need financial advice for your own financial goals?
Luke as a Financial Planner can help you set up a financial planning strategy to help you achieve your personal financial goals, including investment, super and retirement (including transition to retirement). Simply make an appointment to confidentially discuss your goals. Call Envision Financial Services on 6260 4749. You can use the contact us form to make an appointment, for a confidential discussion about your own goals and situation.
Luke will return to 2CC to talk about other ‘Money Matters’ next week, we hope you can join us. You can also catch up with ‘The Strategy Stacker – Luke Talks Money’ podcast at a time that suits you.
We look forward to your company again. Luke’s book Smart Money Strategy is out now. 
