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 Contact@GeorgeGrombacher.com.
George Grombacher
Lifeblood Host
Dean Brauer
Guest
More Episodes
Mineral Exploration with Pierre Leveille
Mineral Exploration with Pierre Leveille As demand for metals increases and production decreases, what does the future hold for the mining industry? Pierre Leveille shares his experience and outlook into what to expect from mineral exploration!About the...
Keto Foods with Thom King
Keto Foods with Thom King You know you're supposed to avoid sugar, but how much is really in everyday foods like condiments and does it make a meaningful difference? Thom King talks about where and why sugar shows up in the quantities it does, and how that affects...
Bioidentical Hormone Replacement Therapy with Jim Hrncir
Bioidentical Hormone Replacement Therapy with Jim Hrncir Are you familiar with compounding and the practice of bioidentical hormone replacement therapy? Jim Hrncir talks about what it is, how long it's been around, the benefits it brings and who should be thinking...
Should You Rebalance Your Portfolio? The Basics of Target-Band Rebalancing
It's a term you've probably heard before, but should you rebalance your portfolio? Famous economist, John Maynard Keynes, once said, “The market can remain irrational longer than you can remain solvent.” Basically, what he’s saying is that we don’t know what the...
Bringing Ideas to Life with Amanda Gunawan
Bringing Ideas to Life What can the design and construction of a building teach us about life? Amanda Gunawan shares her thought process as an architect from bringing ideas to life!About the EpisodeLifeBlood: We talked about bringing ideas to life, the architectural...
Get Healthy, Stay Healthy with Peter Koshland
Get Healthy, Stay Healthy with Peter Koshland Is it possible to get over chronic disease and begin feeling better, or are we stuck just trying to live more comfortably with these ailments? Peter Koshland talks about how taking a more integrated approach to your...
How to Get Into Medical School with Dr. Shirag Shemmassian
How to Get Into Medical School with Dr. Shirag Shemmassian Thinking about medical school and going on to become a physician is yours or someone you care abouts career path? Dr. Shirag Shemmassian talks about what's required to get in and how to position yourself for...
Being Healthy with Peter Koshland
Being Healthy with Peter Koshland Is being healthy available to everyone? Peter Koshland talks about the challenges and opportunities of individualized healthcare and how you can communicate with your doctors to position yourself for success!About the...
Personal Lines Insurance with Justin Staebler
Personal Lines Insurance with Justin Staebler Is an umbrella liability policy part of your financial plan? Justin Staebler talks about why everyone should consider adding one and the important variables to consider when evaluating coverage!About the EpisodeLifeBlood:...
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!