Teaching Kids About Money with Dean Brauer
You’ve been giving your kids a cash allowance, but now it’s time to transition to digital but haven’t figured out how to do it? Dean Brauer talks about a platform he’s developed to make that happen plus teach kids important money lessons as well!
Listen to us On
About the Episode
LifeBlood: We talked about Dean’s experience growing up, how his parents interacted and talked about money, the lessons they taught him and how it was an overall positive experience that served him throughout his life.
We talked about the importance of viewing money as something we have control over, not as something that controls us. We discussed the shame and guilt that so many people have about money and the negative byproducts that has.
We talked about the differences of a cash based allowance versus a digital platform, the need and desire of parents to put spending parameters on their kid’s debit cards and have the ability to monitor their accounts.
We discussed the value of giving kids jobs or tasks, creating financial routines, why it’s good to incorporate both theory and practice when it comes to money, and why it’s incumbent on parents to teach kids about money and not wait or hope for them to learn it in school or on their own with Dean Brauer, CoFound and President of gohenry, an organization on a mission to help the net generation of young people better manage their money than the previous generation.
Listen to learn how to transition your kids from a cash allowance to a digital platform that also teaches the fundamentals of financial literacy!
For the Difference Making Tip, scan ahead to 17:32!
You can learn more about Dean at gohenry.com, Facebook, Twitter, Instagram, YouTube and LinkedIn.
Thanks, as always for listening! If you got some value and enjoyed the show, please leave us a review wherever you listen and subscribe as well.
You can learn more about us at MoneyAlignmentAcademy.com, Twitter, LinkedIn, Instagram, Pinterest, YouTube and Facebook or you’d like to be a guest on the show, contact George at [email protected].
George Grombacher
Lifeblood Host
Dean Brauer
Guest
More Episodes
3 Ways to Start Doing Good with Your Dollars
“Tend to the part of the garden you can touch.” - Jack Kornfield It’s hard for empathetic and kind people to look at big problems in the world. They can be overwhelming because they seem unfixable. And to a degree, they are. The way forward is to do exactly as Jack...
How to Feel Safe About Money
So much of the messaging and information we receive today makes us feel unsafe. Our current system rewards clicks and attention. Therefore, we’re served up a never-ending stream of sensational, and often terrifying, headlines and stories. It’s almost...
Financial Stewardship: How to Be Good with Money
Being a good steward means you’re an effective manager. Therefore, good financial stewardship means you’re effectively managing your money. Have you ever heard the phrase, “How you do one thing is how you do everything?” For the longest time, that made little...
How to Get On the Same Page with Money
It’s hard to get our acts together. It’s not easy to figure out our finances. We’ve gotta learn how to budget, save money, start investing, buy insurance; the list goes on and on. Personal finance is a lot. So, if it’s hard for us to do it as individuals,...
How to Have the Money Talk with Your Partner
Have you had the money talk with your partner? Money can be an emotionally charged, stress inducing, anxiety filled thing. And it can be an extremely empowering and potent force for good. Which is it for you? What would you like it to be? Our personal...
Can Money Give You Peace of Mind?
Peace of mind means “a feeling of being safe or protected.” Can money give you that? Perhaps we could start with what money can’t give us. Money can’t give us happiness, health, or good relationships. There are plenty of unhappy lottery winners, plenty of sick...
Should You Work Hard?
Have you ever done hard work? Do you do it now? Could you be working harder? Should you be? If you’re not, why aren’t you? Who's in charge of your success? Is it you or someone else? Those are questions I asked myself frequently, subscribing to the idea, “To...
Debt Free Living: Making it a Priority
Is debt free living a priority for you? So much of life is about priorities and making decisions. We can choose to enjoy ourselves today and eat what tastes good, or we can skip the fries and shake and enjoy a healthy body. We can go to bed early and get a...
How to Become Debt Free
Debt is crushing us. It crushed me for a long time. When you’re in debt, it can feel like there’s no way out. That’s how I felt. The stress and anxiety followed me around and impacted every aspect of my life. It was really important for me to become debt free....
Join the show.
Interested in being on the show? Tell me a little bit more about you and what you’d like to talk about!