Want your kids to treat money like fuel, not fluff?

Money-Smart Monday

with John Lanza

Hello, friends,

I hope you had a nice weekend and you enjoy these Monday morsels of money-smart goodness.

Money as gasoline

Kevin Kelly is the author of Excellent Advice for Living, the co-founder of WIRED and an intellectual hero of mine.

I was fortunate to have Kevin join me for a conversation on The Art of Allowance Podcast last year, and he shared an idea that stuck with me. We should think of money as gasoline, fuel we can douse on our kids’ interests to help them grow. You can watch the video and read my post here.

Kevin’s insight underscores a theme we’ve discussed on many Mondays: Money is a means, not an end—a tool to help our kids create fulfilling lives.

Banking doesn’t have to be boring

Most financial institutions struggle to engage young members, but Community Choice Credit Union decided to change that narrative by partnering with us. They ran with the program, even wrapping a car with Joe the Monkey and his Money Mammals friends.

The resulting numbers were impressive! Community Choice enjoyed a 17% increase in youth savings accounts, a 57% surge in kids club web traffic and over 20 new sign-ups per event. Their efforts also earned them the title of “Best Family Bank” by Des Moines Parent followers. You can read more about their success on their partner story page.

Let me know if you want to bring The Money Mammals to your local credit union.

Don’t forget to join the waitlist

You can now join the waitlist for The Art of Allowance Academy to get a jumpstart on raising money-empowered kids. I will be your guide on the money-smart journey in this live, in-person course. Here are just a few things you’ll learn:

👉🏻 Setting up an effective allowance that grows with your child
👉🏻 Incorporating chores into your allowance
👉🏻 The three core money-smart skills
👉🏻 The three money-smart habits
👉🏻 Lots of tips and tactics to help you be your child’s guide along the money-smart journey

And here’s what a previous attendee said about the program:

“I love The Art of Allowance because it took the complication out of the allowance concept. We have noticed a positive shift […] in our household since incorporating the allowance. It opens up money discussions […] and gives kids hands-on experience with managing money and making decisions.”
—Breanna Reish, Mom & Certified Financial Planner

A quote I’m pondering

“Perfection is not when there is no more to add, but no more to take away.”
—Antoine De Saint-Exupéry

Some more interesting ideas

➡️ My notes on Cal Newport’s Digital Minimalism
➡️ A long conversation about long walks
➡️ A mesmerizing guitarist who interprets pop hits (A must-watch!)

Until next week, 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 credit unions)

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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