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John Lanza

Art of Allowance Posts

The Breakthrough Allowance: Starting a More Substantial Allowance to Help you Raise Money-Smart Tweens and Teens

I remember thinking to myself, “How could you not know this?” I was a sophomore Teacher’s Assistant (TA) in the Bates College Freshman Biology lab. One of the students had …

Art of Allowance Posts

Literary Inspiration Behind My Money-Smart Movement Writing: 3 Important Books I Read in 2017

I recently came across Bill Gates’ list of 5 amazing books he read last year. As I reviewed it, I recalled that Gates inspired me years ago to venture cross-country …

Image containing many jars of stuff
Art of Allowance Posts / Getting Started / Lifestyle

This Is Why Teaching Kids That Stuff Is Impermanent Matters

“Let all your efforts be directed to something, let it keep that end in view. It’s not activity that disturbs people, but false conceptions of things that drive them mad.” …

Art of Allowance Posts / Lifestyle

Generation X — The Credit Card Kids (With Parents Who Didn’t See It Coming)

If you went to college in the early 90s, then you’ll likely remember getting an offer from MBNA in the mail. MBNA merged with Bank of America over a decade …

Art of Allowance Posts / Getting Started / Lifestyle

3 Things I Learned Raising Money Smart Kids

There are three important things that I learned while teaching my kids money smarts. Money Smart Lesson #1: There Is Very Little That We Truly Need My kids chide me …

Art of Allowance Posts

Financial Education for Kids – Intensity Not Required

I was chatting with a friend today. She said, “I know you’re intense about your allowance, but…” I stopped her. “We’re actually not all that intense.” (Cue my kids rolling …

Art of Allowance Posts

Financial Education for Kids Thought for the Day: Starting Financial Education for Kids Early May Help Them Learn Self-Control

Getting kids started on the financial education path early is strongly suggested by research.   Inhibition is “the ability to stay focused on a task in the face of internal and external …

The Art of Allowance
Art of Allowance Posts

Financial Education for Kids Thought for the Day: Start as Early as Possible

I am reviewing some of the incredibly useful youth financial literacy research as I prepare my Foundation FOCUS Summit talk next week. Take a gander at this poignant passage from “The Effectiveness of Youth …

The Art of Allowance
Art of Allowance Posts

Financial Education for Kids Thought for the Day: Why You Don’t Need to Tie Chores to Your Kids’ Allowance

“Why shouldn’t I tie chores to allowance?” This is a question I am commonly asked.   Chores are an important part of growing up. They will help your kids learn …

Art of Allowance Posts

Allowance 3.0: A 3-Step Plan to Increase Money Responsibility for Your Tween

The endless holiday parties are finally over, and by now you’re probably trying to shed your holiday handles, still trying to figure out how to connect your latest gadget and, …

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