|
In this issue: An invitation to stream my latest Q&A session, a unique approach to budgeting and a nugget of weekly wisdom. “Working to help parents raise money-smart kids.” 3 Ideas to Share & Save Hello, friends, I’m running the Boston Marathon today! 🏃 As I make my way from the starting line in Hopkinton to Boylston Street in Boston’s Back Bay, Money-Smart Month marches on. And so our journey continues with this week’s “3 Ideas to Share & Save.” — 1 — Money-Savvy Kids Media: I joined Jessica Willis, an Art of Allowance Podcast guest and the founder of the financial wellness platform Pocketnest, to answer a spirited set of money-smart questions from the platform’s users. Here’s a quick preview: You can watch the full session here. Jessica and I fielded questions about starting the money conversation, setting up an allowance system that grows with your children, introducing your kids to investing and, of course, saving for SMART goals. Moderated by Pocketnest’s CMO — and new mom — Ashleigh Craven, our 30-minute conversation is a lot of bang for your buck. — 2 — Better Budgeting: Colin Ryan, my latest podcast guest, has spoken to over a million teens and young adults. So he knows a thing or two about communicating with aspiring members of Gen Z. In this short video, he suggests a unique way to make budgeting more appealing and less daunting: You can listen to our full conversation here. We cover a lot of ground, including the psychology of money, connecting through shared experiences and finding contentment. You might also pair Colin’s idea with the alternative approach to budgeting I write about here because, as he notes, the numbers suggest that most people don’t start or stick with budgets. Want to go beyond budgeting for a more comprehensive take on raising money-smart teens? Last week, I presented my new “Financial Foundations: Raising Money-Wise Teens” Art of Allowance Academy class to our friends at and members of Patelco Credit Union. — 3 — Weekly Wisdom: I leave you today with an illuminating passage from The Psychology of Money by Morgan Housel: Singer Rihanna nearly went bankrupt after overspending and sued her financial advisor. The advisor responded: “Was it really necessary to tell her that if you spend money on things, you will end up with the things and not the money?”
Wish me luck. 🍀 And enjoy the journey! John, P.S. Please consult with a financial or investment professional before engaging in any decisions that might affect your own financial well-being. View this email in your browser. Forwarded this email? Sign up here.
|
