Smart Money Parenting – Details, episodes &amp; analysis

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 -

The Pink Tax

Wednesday, December 27, 2023 • Duration 14:25

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

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 -

9 Ways to Avoid Spoiling Your Kids for Christmas

Friday, December 22, 2023 • Duration 17:09

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

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 -

Every Kid's Biggest Fear

Monday, December 18, 2023 • Duration 16:30

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

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

How to Get Your Kids to Care About Money

Thursday, December 14, 2023 • Duration 13:08

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