The Money Simplicity Shift, Crypto Investing for Kids and a Tool for Spending Smarter

☘️ Money-Smart Monday ☘️

with John Lanza

Hello, friends,

Happy St. Patrick’s Day!

In celebration, I changed the headline color to green. Get it?

A conversation from which I learned

Money-smart luminary Laura Adams invited me to join her for a discussion about kids, money and more on her top-rated and long-running Money Girl Podcast. (She’s published over a mind-blowing 900 episodes!)

We had a great chat about why raising money-smart kids matters. I also shared The Money Mammals’ origin story. And for the first time on a podcast, I outlined my vision for “The Money Simplicity Shift,” a new framework and talk I’ve developed.

But if I’m being honest, I give myself a C+ communication grade for explaining the concept. Laura, a seasoned host, used some analogy wizardry to help clarify and underscore the value of keeping things simple. Listen in, and let me know what you think.

When my kid wants to invest in crypto

Art of Allowance Podcast alum Evan Wilson is a clear thinker about money in general and investing in particular.

This short snippet from our conversation provides a constructive way to talk with your kids when they (Inevitably?) ask about crypto investing or anything else speculative.

Evan’s advice underscores the importance of leveraging kids’ experiences, good or bad, as learning opportunities.

A quote I shared with my kids

“Time is a form of capital provided equally to everyone.”

I heard this observation on the Founders Podcast featuring Hyundai founder Chung Ju-yung. Chung’s life is a lesson in jaw-dropping resilience. He lived this quote to emerge from unimaginable poverty and multiple stunning business setbacks. His episode is worth a listen if you want to feel some hope about escaping any difficult spot you might currently be in.

More ideas I found interesting

➡️ A practical tool to help our kids spend smarter
➡️ “America was supposed to be Art Deco.”
➡️ An interactive representation of actual country size (Give it a try!)

Sláinte! Enjoy the journey.

John,
Chief Mammal

📗 Get The Art of Allowance (for parents)
📚 Get the “Share & Save & Spend Smart” series (for kids)
🫱🏻‍🫲🏽 Become a partner (for businesses)

P.S. Please consult with a financial or investment professional before making any decisions that might affect your financial well-being.

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