11-02-23 Raising a Generation of Money-Savvy Kids with Scott Donnell
Ready to shake up the way we teach our kids about money? Join me as I sit down with Scott Donnell, best-selling author and host of the Smart Money Parenting podcast, putting the spotlight on financial literacy for the younger generation. Scott is on a mission to empower 50 million children and parents with financial competence, and he’s doing it with a program called – Gravy Stack, a gamified bank account for kids and teens. We’re not just talking piggy banks and pocket money here; we’re breaking down the poverty mindset and taking responsibility for our kids’ financial education.
It’s time to rethink the way we approach teaching financial skills to our children. For the past decade, Scott has been leading the charge, using platforms like business fairs and Grapestack to impart financial literacy basics to families. We dive into the mechanics of his home economy system, built around the three E’s: expectations, expenses, and extra pay. This isn’t just about counting coins; it’s about teaching children to make sound financial decisions, managing their money, and understanding the value of work.
We also touch upon the pressing need to build a generation of deeply connected, confident, and capable individuals. This isn’t about pushing our kids towards a particular career path, but equipping them with the skills they need to navigate the world. With the allure of quick trading and the potential pitfalls it comes with, it’s never been more essential to teach our children the fundamentals of money management.
So how do we do this? We share insights on setting up a home money system that supports your children’s financial education and prepares them for a secure future. So join us, learn, and start the conversation about money with your own families.
To join Scott and I for an in-depth, 90-minute training on how to teach your kids to be money-savvy, go to https://monicatanner.com/moneykids and register for FREE!
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