kidsandmoney

Dr. Marlon “Doc” Fuller is a philanthropist, inventor, entrepreneur, director, investor, speaker, and father of 4. He and his wife, Christina, founded www.CoolKids.org which is a nonprofit that educates kids, between the ages of 8-16, on financial literacy. His work has been endorsed by  celebrity supporters such as, T.I., Anthony Anderson, DJ Clue, Raven Symone, Chubb Rock, and DL Hughley. In December 2021, Dr. Fuller launched the world's 1st streaming financial literacy TV app called JAR (short for savings jar) www.jar.tv which is available on Apple TV, Fire Stick, and Roku. To amplify his educational outreach to the youth, he released the world's 1st G-rated financial literacy album called “The Syllabus” in the Fall 2022. The album is available on all music streaming platforms, and at www.TheSyllabus.com. For media inquiries, collaborations, or speaking engagements, please contact him by email at DrFuller@gmail.com

Connect with Doc Fuller on Instagram:
CoolKidsFund:            https://www.instagram.com/CoolKidsFund
Jar TV :                       https://www.instagram.com/JarTVApp
The Syllabus   :           https://www.instagram.com/SyllabusAlbum

Register for Pendulum Ink:
https://www.pendulumink.com/?ref=lIfej7NVCZHXS

Get a GreenLight Debit Card for Your Children:
https://share.greenlight.com/96453721

Register for Free Online Financial Literacy Courses:
https://maliksfirstjob.banzai.org/wellness/collections/teaching-kids-finances

Purchase Malik’s First Job: Financial Principles for Teens:
www.maliksfirstjob.com

Follow Malik’s First Job on Social Media:
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#042.  Today’s guest is Amanda Nitti.  Amanda discusses her classroom economy system and how it teaches vital financial literacy skills to her students in a fun, engaging way.  She discusses how she gets buy-in from her students on the types of jobs in the classroom and how her students must apply for jobs in the classroom.

She also highlights the value of entrepreneurship as part of this system through the idea of the Class Market.  We discuss the importance of tracking your cash inflows and outflows in making spending decisions and budgeting and the fun and entertaining way she teaches needs vs wants.

We also discuss non-financial and vital values that students are learning, rewards and items that can be purchased using “Nitti Bucks” and the importance of keeping kids accountable and how we can ensure kids are making informed decisions about their money.

Show notes and more at:

https://moneydadpodcast.com/session042

#017.  Today’s guest is Robert Farrington.  Robert and I talk about his passion and early interest in personal finance and investing, including what inspired him to start The College Investor to help millennials start long-term investing and get out of student loan debt.  We talk about why Robert is a big believer in the ROI approach to college.  And we get into the struggles for millennials to find balance as the sandwich generation, with aging parents and young children, juggling between competing financial priorities in their lives.

We next dive into the world of cryptocurrencies, blockchain and NFTs to gain a deeper understanding of their purpose, use cases, and analogies of how you can think about them.  We talk about why Robert views crypto as a currency, rather than as in investment.  But at the same time, we talk about how crypto and NFTs can act as the onramp to getting our teens and young adult children excited and engaged about investing.  We also dive into how our teenage kids should get started in investing and exploring many different asset classes, including crypto. And we get into why it actually may be better off in the long run to have small, manageable losses, rather than outsized gains.  Finally, we talk about the ultimate benefits of having our teenagers and young adults invested, which is to help them build the habits and skills of saving/investing and tracking their investments.

Show notes and more at:

https://moneydadpodcast.com/session017

In this episode we’ll talk about how to get our older kids, teens and tweens, to experience the bigger picture stuff and expose them to some of the messiness of life in a loving, supportive environment where they might even mess up some.  Everything from chores they should know how to do on their own to handling money, cars and how to get a part time job.  I’ll talk about planning vacations in addition to how to handle routine paperwork and cooking.  It’s sort of a laundry list of items I think any parent should consider when training your kids for the future.  

 Here's a list of topics that are covered:
Laundry
Cooking
Cleaning House
Yard work
Painting
Money
Filling out forms
Getting a part-time job
Keeping track of time
Vacation planning
Car driving, care and maintenance

SEE FULL TRANSCRIPT HERE

If you have questions, email Mary at mary@parentingdecoded.com.

Email me at mary@parentingdecoded.com or go to my website at www.parentingdecoded.com.

Have a blessed rest of your day!

Knowing how to budget is useful in various aspects of life, not just when it comes to money.

We budget time, money and resources on a daily basis to help us effectively manage what we have.

Let’s show our kids how to do the same by teaching them this valuable life skill.

In this episode, kids will hear us talk about:

• What a budget is
• What income and expenses are
• How to make a budget 
• How a budget helps us understand how we spend our money

Click here for Episode 8's  suggested follow up activities including the kids sample budget and parent talking points.

If you find value in this podcast please let your friends and family know about it!

If you would like to support Kids Money & More, you can contribute here!  https://ko-fi.com/kidsmoneyandmore

In this podcast I’m going to cover issues relating to money with middle and high schoolers.  I will go over how to give money and how much, when to give money, and how to set up responsible money habits including how to use an ATM card, checking account, credit cards.  

Money is a huge challenge for us all and at this stage your high schooler or middle schooler is at a huge crossroads with learning life skills.  Dealing with money is a much-neglected skill during these years yet they are the most crucial years to allow as many affordable mistakes as possible. This makes money a prime target for small mistakes now to avoid big mistakes later. If you know someone who can’t manage money as an adult, I’m going to guess their parents didn’t teach them much about it, might have given in to every whim just to keep them happy when they were young.  Hey, that adult might even be you!  

If you listened to my podcast about money for younger kids, you’ll have already heard how to start a small budget for vacations and special events that I call a trinket budget.  We’re going to expand on that concept greatly by including more of the day-to-day expenses our kids encounter, not just vacations and special events.  

With older kids I want to help you introduce money concepts so that by the time they graduate from high school they know about budgeting, credit cards and debt.  I’m even going to show you a way to tie in getting chores done which is such a bonus.  You want to launch a financially responsible child into the world so that you won’t be paying their bills for the rest of your life. 

Here's a transcript of the podcast:  TRANSCRIPT

Email me at mary@parentingdecoded.com or go to my website at www.parentingdecoded.com.

Have a blessed rest of your day!

There are things to do at different ages and stages to help introduce money concepts to your kids so that by the time they graduate from high school they know about budgeting, credit cards and debt.   In this podcast, I’ll concentrate on what to do with younger kids, from toddler years up through elementary school using a simple spend-save-share method.

Here's a transcript of the podcast:  TRANSCRIPT

If you'd like to look at the Pinterest board on Kids and Money here's a link for that:  PINTEREST

Email me at mary@parentingdecoded.com or go to my website at www.parentingdecoded.com.

Have a blessed rest of your day!