AOA 005: Learn the Importance of Balance to Help Your Allowance Program Grow with Your Child into Her Teen Years

With Guest Atsuko

Atsuko, a mom, emailed me recently to say that her now 16-year-old daughter had started learning money smarts with The Money Mammals back when our program first came out. Of course, I had to have her on this podcast. I think you’ll enjoy our interesting and wide-ranging conversation, including her use of “balance” as a guiding force (for you Jedi warriors out there) in raising a money-smart child who is clearly on the path to money empowerment.

“Learning how to spend wisely is as good a lesson as learning how to save.”


 We touch on many topics, including: 

  • Just saving for saving’s sake—the proverbial “rainy day”—is no fun for a younger kid.

  • How starting money discipline early paid off

  • Why her daughter is empowered when she shops

  • Decision making is a difficult and an important life skill that an allowance can help teach.

  • Why spending smart sometimes requires spending more

  • When you teach your kids money smarts, you often learn something yourself in the process.

  • Why moving to a debit card can be scary

  • Why she requires her daughter to make cash deposits

  • How even a couple of pennies of interest—FREE MONEY—made an impression on her daughter

  • 100 ramen recipes (a college staple transformed)

Please subscribe to our show to allow me to have additional conversations with parents and discover new ideas to help us all raise money-smart, money-empowered kids. You can find out more about our movement at as well as download a sample or get a copy of my new book, The Art of Allowance. You might also want to check out The Money Mammals, our program to get your children excited about money smarts when they’re young. Until next time, I wish you and your family well as you journey forth. Thanks for listening.