Smart Money Parenting – Détails, épisodes et analyse

Summary

Scott Donnell and Chad discuss the need for financial education in schools and the limitations of traditional financial education methods. They emphasize the importance of real-life money skills and the need for students to learn by doing. They introduce DinnerTable.com as a solution for schools to incorporate hands-on financial education into their curriculum. They highlight the impact of financial education on families, communities, and the future success of young adults. They encourage listeners to share the information with schools and join the movement to transform education through practical financial skills.

Takeaways

Traditional financial education methods in schools are often ineffective and fail to teach real-life money skills.

Students learn best through hands-on experiences and practical application of financial concepts.

DinnerTable.com offers a solution for schools to incorporate real-life money skills into their curriculum.

Financial education in schools can have a positive impact on families, communities, and the future success of young adults.

Time Stamps

00:00 Introduction and Mission

00:32 The Need for Financial Education in Schools

04:33 The Importance of Real-Life Money Skills

05:33 Learning by Doing

07:03 The Role of Practical Skills in Education

09:04 DinnerTable.com as a Solution for Schools

10:46 The Impact of Financial Education in Schools

12:04 Building Stronger Communities through Financial Education

13:25 Conclusion and Call to Action

Want to take your family and your finances to the next level? Schedule a call with Dinner Table today.

⁠⁠https://scott.dinnertable.com/book⁠⁠

Download the Gravy Stack App for FREE (iOS)

⁠⁠https://apps.apple.com/us/app/gravystack-gamified-banking/id1635188175⁠⁠

Download the Gravy Stack App for FREE (Google Play)

⁠⁠https://play.google.com/store/apps/details?id=com.gravystack.gravystack&hl=en_US&gl=US⁠⁠

Chad’s Best Seller Book: 

⁠⁠⁠Smart, Not Spoiled: The 7 Money Skills Kids Must Master Before Leaving the Nest⁠⁠⁠ 

Scott’s Best Seller Book

⁠⁠⁠Value Creation Kid: The Healthy Struggles Your Children Need to Succeed⁠⁠⁠ 

Socials

Scott Donnell on LinkedIn - ⁠⁠⁠linkedin.com/in/donnell-scott⁠⁠⁠ 

Chad Willardson on LinkedIn - ⁠⁠⁠linkedin.com/in/chadwillardson⁠⁠⁠

Scott Donnell on Instagram - ⁠⁠⁠@imscottdonnell⁠⁠⁠

Chad Willardson on Instagram - ⁠⁠⁠@chad.willardson⁠⁠⁠

Scott Donnell on TikTok - ⁠⁠⁠@imscottdonnell⁠

Summary

In this conversation, Scott Donnell and Chad discuss strategies for motivating and empowering kids. They emphasize the importance of finding what lights a child up and using that passion as a source of motivation. They also discuss the role of money in teaching kids about motivation and responsibility. The conversation explores the idea of giving kids control and responsibility over their own expenses and the benefits of creating opportunities for them to earn money. They also address the issue of hopelessness and mental health in kids and the importance of supporting them through struggles. The conversation concludes with a reminder to parents to initiate and show up for their kids, and the importance of community support and resources.

Takeaways

Find what lights your child up and use that passion as a source of motivation.

Teach kids about money and motivation by giving them control and responsibility over their own expenses.

Create opportunities for kids to earn money and learn the value of hard work.

Support kids through struggles and let them know that you have their back.

Time Stamps

00:00 Finding Motivation through Passions

00:58 Teaching Kids about Money and Motivation

03:12 Empowering Kids to Take Control of Their Lives

04:10 Creating Opportunities for Freedom and Responsibility

06:18 Teaching Kids to Be Financially Responsible Adults

07:09 Taking Accountability and Responsibility

09:43 Addressing Hopelessness and Mental Health

11:06 Creating Value and Building Confidence

12:29 Supporting Kids Through Struggles

13:39 Initiating and Showing Up for Kids

14:47 Community Support and Resources

Want to take your family and your finances to the next level? Schedule a call with Dinner Table today.

⁠https://scott.dinnertable.com/book⁠

Download the Gravy Stack App for FREE (iOS)

⁠https://apps.apple.com/us/app/gravystack-gamified-banking/id1635188175⁠

Download the Gravy Stack App for FREE (Google Play)

⁠https://play.google.com/store/apps/details?id=com.gravystack.gravystack&hl=en_US&gl=US⁠

Chad’s Best Seller Book: 

⁠⁠Smart, Not Spoiled: The 7 Money Skills Kids Must Master Before Leaving the Nest⁠⁠ 

Scott’s Best Seller Book

⁠⁠Value Creation Kid: The Healthy Struggles Your Children Need to Succeed⁠⁠ 

Socials

Scott Donnell on LinkedIn - ⁠⁠linkedin.com/in/donnell-scott⁠⁠ 

Chad Willardson on LinkedIn - ⁠⁠linkedin.com/in/chadwillardson⁠⁠

Scott Donnell on Instagram - ⁠⁠@imscottdonnell⁠⁠

Chad Willardson on Instagram - ⁠⁠@chad.willardson⁠⁠

Scott Donnell on TikTok - ⁠⁠@imscottdonnell⁠

In this episode, Scott and Chad talk about the one benefit that companies aren't offering... and how they are solving the problem.

Additional Links

Want to take your family and your finances to the next level? Schedule a call with Dinner Table today.

⁠https://scott.dinnertable.com/book⁠

Download the Gravy Stack App for FREE (iOS)

⁠https://apps.apple.com/us/app/gravystack-gamified-banking/id1635188175⁠

Download the Gravy Stack App for FREE (Google Play)

⁠https://play.google.com/store/apps/details?id=com.gravystack.gravystack&hl=en_US&gl=US⁠

Chad’s Best Seller Book: 

⁠⁠Smart, Not Spoiled: The 7 Money Skills Kids Must Master Before Leaving the Nest⁠⁠ 

Scott’s Best Seller Book

⁠⁠Value Creation Kid: The Healthy Struggles Your Children Need to Succeed⁠⁠ 

Socials

Scott Donnell on LinkedIn - ⁠⁠linkedin.com/in/donnell-scott⁠⁠ 

Chad Willardson on LinkedIn - ⁠⁠linkedin.com/in/chadwillardson⁠⁠

Scott Donnell on Instagram - ⁠⁠@imscottdonnell⁠⁠

Chad Willardson on Instagram - ⁠⁠@chad.willardson⁠⁠

Scott Donnell on TikTok - ⁠⁠@imscottdonnell⁠

In this episode of the Smart Money Parenting Show, hosts Chad Willardson and Scott Donnell delve into the topic of 'money trauma,' a form of childhood trauma that often goes undiscussed. They examine how attitudes and behavior around money during childhood can significantly shape people's financial behaviors in adulthood. The pair warns that without addressing and healing from this trauma, people may continue to perpetuate harmful financial habits, possibly passing them down to the next generation. They also stress the need to see money as a tool rather than a status symbol or a measure of self-worth. The hosts encourage listeners to reflect on their own 'money trauma', to discuss it with their children and to endeavor to lead by a better example financially.

00:00 Introduction to Money Trauma

01:36 Understanding the Impact of Money Trauma

02:30 The Relationship with Money

03:11 The Consequences of Money Trauma

03:33 Examples of Money Trauma

07:41 The Influence of Parents' Money Habits

09:41 The Importance of Addressing Money Trauma

09:56 How to Become a Smart Money Parent

13:00 Conclusion and Call to Action

Additional Links

Want to take your family and your finances to the next level? Schedule a call with Dinner Table today.

⁠⁠https://scott.dinnertable.com/book⁠⁠

Download the Gravy Stack App for FREE (iOS)

⁠⁠https://apps.apple.com/us/app/gravystack-gamified-banking/id1635188175⁠⁠

Download the Gravy Stack App for FREE (Google Play)

⁠⁠https://play.google.com/store/apps/details?id=com.gravystack.gravystack&hl=en_US&gl=US⁠⁠

Chad’s Best Seller Book: 

⁠⁠⁠Smart, Not Spoiled: The 7 Money Skills Kids Must Master Before Leaving the Nest⁠⁠⁠ 

Scott’s Best Seller Book

⁠⁠⁠Value Creation Kid: The Healthy Struggles Your Children Need to Succeed⁠⁠⁠ 

Socials

Scott Donnell on LinkedIn - ⁠⁠⁠linkedin.com/in/donnell-scott⁠⁠⁠ 

Chad Willardson on LinkedIn - ⁠⁠⁠linkedin.com/in/chadwillardson⁠⁠⁠

Scott Donnell on Instagram - ⁠⁠⁠@imscottdonnell⁠⁠⁠

Chad Willardson on Instagram - ⁠⁠⁠@chad.willardson⁠⁠⁠

Scott Donnell on TikTok - ⁠⁠⁠@imscottdonnell⁠

Scott and Chad are back at it for 2024 and excited to bring you more great content. In this episode, they discuss the importance of teaching kids about financial independence at an early age. They identify three ways to make money: selling time, selling products, or investing capital. They emphasize the potential of the digital era that allows children and teenagers to learn anything for free and create passive streams of income. The idea is to motivate kids to think beyond the traditional hourly wages or salary jobs and explore creative ways of making money. In addition, the potential value of transformative approaches such as investing capital at a young age, drop shipping businesses or creating a tech product is highlighted.

00:00 Introduction

00:41 Welcome to Smart Money Parenting

01:32 The Three Ways to Make Money

02:40 Examples of Selling Time, Products, and Investing Capital

07:42 The Power of Compounding Interest

09:56 The Importance of Diversifying Income Streams

13:11 The Value of Results Over Time and Effort

15:46 Conclusion: Encouraging Kids to Think Outside the Box

Additional Links

Want to take your family and your finances to the next level? Schedule a call with Dinner Table today.

⁠⁠https://scott.dinnertable.com/book⁠⁠

Download the Gravy Stack App for FREE (iOS)

⁠⁠https://apps.apple.com/us/app/gravystack-gamified-banking/id1635188175⁠⁠

Download the Gravy Stack App for FREE (Google Play)

⁠⁠https://play.google.com/store/apps/details?id=com.gravystack.gravystack&hl=en_US&gl=US⁠⁠

Chad’s Best Seller Book: 

⁠⁠⁠Smart, Not Spoiled: The 7 Money Skills Kids Must Master Before Leaving the Nest⁠⁠⁠ 

Scott’s Best Seller Book

⁠⁠⁠Value Creation Kid: The Healthy Struggles Your Children Need to Succeed⁠⁠⁠ 

Socials

Scott Donnell on LinkedIn - ⁠⁠⁠linkedin.com/in/donnell-scott⁠⁠⁠ 

Chad Willardson on LinkedIn - ⁠⁠⁠linkedin.com/in/chadwillardson⁠⁠⁠

Scott Donnell on Instagram - ⁠⁠⁠@imscottdonnell⁠⁠⁠

Chad Willardson on Instagram - ⁠⁠⁠@chad.willardson⁠⁠⁠

Scott Donnell on TikTok - ⁠⁠⁠@imscottdonnell⁠

In this episode of the Smart Money Parenting Show, co-hosts Chad Willardson and Scott Donnell dive into the topic of spenders versus hoarders. They discuss the different attitudes and behaviors associated with each type, emphasizing the importance of being frugal rather than cheap. The hosts offer insights on how to identify and manage these personality types, providing useful tips for finding a healthy balance between spending and saving. Tune in to learn more about the spender and hoarder profiles and gain valuable advice for navigating financial decisions.

• Spending vs hoarding: different attitudes towards money

• Cheap vs frugal: understanding the difference

• Status and emotions drive overspending

• Money habits often stem from childhood experiences

• Healing and balance are key to smart money parenting

Mentioned in this episode 

gravystack.com/smart

gravystack.com/igniter

smartmoneyparenting.com

smartmoneyparenting.com/followus

Smart, Not Spoiled: The 7 Money Skills Kids Must Master Before Leaving the Nest by Chad Willardson

Value Creation Kid: The Healthy Struggles Your Children Need to Succeed by Scott Donnell and Lee Benson

Scott Donnell on LinkedIn - linkedin.com/in/donnell-scott 

Chad Willardson on LinkedIn - linkedin.com/in/chadwillardson

Scott Donnell on Instagram - @imscottdonnell

Chad Willardson on Instagram - @chad.willardson

Scott Donnell on TikTok - @imscottdonnell

In this episode of Smart Money Parenting, hosts Scott Donnell and Chad Willardson discuss the concept of the "pink tax." They explain that the pink tax refers to the tendency of products marketed towards women to be more expensive than similar products marketed towards men. This phenomenon has been present for decades but is now being exposed. The hosts highlight that simply adding a feminine touch to a product can increase its price by 30 to 43%. They encourage listeners to question the cost of products and not simply accept the status quo. This episode aims to raise awareness about the pink tax and empower consumers to make informed financial decisions.

• Pink tax: phenomenon of products marketed towards women being more expensive

• Products affected: razors, shampoo, dry cleaning, haircuts, clothing, footwear, gloves, hats, medicines

• Price increase: 30-43% for feminine products

• Importance of price comparisons and questioning costs

• Conversation about societal pressures and self-worth in relation to beauty and consumerism

Mentioned in this episode 

gravystack.com/smart

gravystack.com/igniter

smartmoneyparenting.com

smartmoneyparenting.com/followus

Smart, Not Spoiled: The 7 Money Skills Kids Must Master Before Leaving the Nest by Chad Willardson

Value Creation Kid: The Healthy Struggles Your Children Need to Succeed by Scott Donnell and Lee Benson

Scott Donnell on LinkedIn - linkedin.com/in/donnell-scott 

Chad Willardson on LinkedIn - linkedin.com/in/chadwillardson

Scott Donnell on Instagram - @imscottdonnell

Chad Willardson on Instagram - @chad.willardson

Scott Donnell on TikTok - @imscottdonnell

In this episode of Smart Money Parenting, hosts Chad and Scott celebrate the Christmas season by expressing gratitude for their healthy and happy families. They share 9 tips to for the holiday season! Tune in for a heartwarming discussion on the importance of investing in the long-term well-being of our families. Merry Christmas to all!

• Tips for not spoiling kids during Christmas

• Prioritize experiences over material gifts

• Embrace giving and involve kids in charitable activities

• Encourage creativity with homemade gifts

• Invest in learning through books and educational resources

Mentioned in this episode 

gravystack.com/smart

gravystack.com/igniter

smartmoneyparenting.com

smartmoneyparenting.com/followus

Smart, Not Spoiled: The 7 Money Skills Kids Must Master Before Leaving the Nest by Chad Willardson

Value Creation Kid: The Healthy Struggles Your Children Need to Succeed by Scott Donnell and Lee Benson

Scott Donnell on LinkedIn - linkedin.com/in/donnell-scott 

Chad Willardson on LinkedIn - linkedin.com/in/chadwillardson

Scott Donnell on Instagram - @imscottdonnell

Chad Willardson on Instagram - @chad.willardson

Scott Donnell on TikTok - @imscottdonnell

In this episode of Smart Money Parenting, Scott and Chad discuss the importance of helping children develop a strong sense of self-worth and identity. They emphasize the need for children to know that they are loved and valued, regardless of their achievements or performance. By addressing the biggest fear that every child has, they explore how parents can support their children in building a healthy self-image. Tune in to gain insights on fostering a positive identity in your children.

• Kids fear not being loved or feeling like they're not enough

• Parents need to reinforce their child's worth and value

• Identity shapes decisions and behaviors

• Values and vision are important in shaping a child's identity

• Reminding kids of their worth and potential helps them thrive

Mentioned in this episode 

gravystack.com/smart

gravystack.com/igniter

smartmoneyparenting.com

smartmoneyparenting.com/followus

Smart, Not Spoiled: The 7 Money Skills Kids Must Master Before Leaving the Nest by Chad Willardson

Value Creation Kid: The Healthy Struggles Your Children Need to Succeed by Scott Donnell and Lee Benson

Scott Donnell on LinkedIn - linkedin.com/in/donnell-scott 

Chad Willardson on LinkedIn - linkedin.com/in/chadwillardson

Scott Donnell on Instagram - @imscottdonnell

Chad Willardson on Instagram - @chad.willardson

Scott Donnell on TikTok - @imscottdonnell

In this episode of Smart Money Parenting, the hosts discuss the challenge of getting kids to care about money. They highlight that only 5% of kids are naturally entrepreneurial and interested in money, while the majority don't even want to talk about it. The hosts emphasize the importance of giving kids a motive to earn money and cover expenses, as this will help them develop a sense of responsibility and understanding about finances. Tune in to learn more about how to get your kids to care about money in the right way.

• Teenagers need a motive to care about money

• Kids won't care about money until they have to

• GravyStack app helps kids earn and manage money

• Teaching kids responsibility and choice-making is important

• Setting up a system with trust and responsibility can help kids learn about money

Mentioned in this episode 

gravystack.com/smart

gravystack.com/igniter

smartmoneyparenting.com

smartmoneyparenting.com/followus

Smart, Not Spoiled: The 7 Money Skills Kids Must Master Before Leaving the Nest by Chad Willardson

Value Creation Kid: The Healthy Struggles Your Children Need to Succeed by Scott Donnell and Lee Benson

Scott Donnell on LinkedIn - linkedin.com/in/donnell-scott 

Chad Willardson on LinkedIn - linkedin.com/in/chadwillardson

Scott Donnell on Instagram - @imscottdonnell

Chad Willardson on Instagram - @chad.willardson

Scott Donnell on TikTok - @imscottdonnell