“We can build a robust, money-smart machine fueled by modeling, experiential learning and direct instruction. With no single point of failure and redundancies built into our systems, we can help our kids’ financial planes stay aloft on their journeys to money empowerment.”
— John Lanza
How can we best ensure our kids grow up money-empowered?
This installment of The Art of Allowance Podcast is a bit of an experiment. I’ve recorded an audio version of my recent essay, “No Single Point of Failure.” I hope you enjoy it, as I plan to produce more short episodes that I’ll intersperse amongst the conversations to which you already listen.
Please reach out to let me know what you think of these audio nuggets. And as a heads up, I include access to my social accounts and weekly newsletter, “3 Ideas to Share & Save,” in the “Links” section below.
Links (From the Show)
- Read my “No Single Point of Failure” essay
- Subscribe to my “3 Ideas to Share & Save” newsletter
- Get social with me on:
Show Notes (Find what’s most interesting to you!)
- Setting a tragic stage [0:51]
- The three financial socialization systems [3:06]
- The power of experience [4:42]
- Financial literacy learning in schools [5:25]
- Experiential learning and modeling [6:07]
- The student becomes the master! [7:37]
If you liked this episode …
Want to take a deep dive into financial socialization? On her episode of The Art of Allowance Podcast, University of Arizona researcher Ashley LeBaron defines the term and explains why the concept is so important. Tune in at 10:08 for all the details!
Curious about the connection between financial literacy and classroom instruction? I chat with Montana State University Associate Professor of Economics Carly Urban about the effectiveness of personal finance education in schools. She relates how she conducted her initial studies on the subject at 16:44.
Please Subscribe
If you like this podcast, then please give us a review and subscribe to the show. The Art of Allowance Podcast is available on iTunes, Spotify, Stitcher, Radio Public and now Amazon Music. Subscribing is free, and it will help me produce more enriching content for you to enjoy. Thanks!
You might also want to check out The Art of Allowance Project, our reimagined program to get your children excited about money smarts at any age. Until next time, I wish you and your family well as you journey forth.
Thanks for listening.
John
