41 min
Teaching Kids Financial Responsibility Healthy Family Project
-
- Kids & Family
Check out the full Episode 42 show notes on our website!
In this episode of the Healthy Family Project, we talk to Tim Sheehan, co-founder of Greenlight all about teaching our kids how to be financially responsible. It seems like financial responsibility is one of those skills that we don’t think we need to tackle until our kids are in their teens, but it’s important to start talking about finances early. Tim shares tips to help parents teach their kids about managing money from a young age, including the pros of allowances and how the Greenlight Card can help.
Tim Sheehan is the Co-Founder and CEO of Greenlight. Greenlight is the safest way for parents to give their kids money, approve their spending, and prepare them for financial independence. Prior to Greenlight, Tim was the Lead Entrepreneur In Residence at Georgia Tech's startup incubator, the Advanced Technology Development Center. Earlier in Tim's career he was Director of Yahoo! Finance and responsible for growing it to the #1 finance site in the world. Tim also served as SVP Products, Marketing and Strategy for Biller Solutions at Fiserv, was a Cofounder & CEO of Reachable, General Manager of Yodlee, and Senior Product Manager at E*Trade.
About Greenlight:
Greenlight is a debit card for kids, teens and college students that parents can manage with the Greenlight app using flexible parental controls. Since 2017, Greenlight has helped more than half-a-million parents and kids manage their finances by giving parents the tools they need to teach their children how to spend wisely, the importance of saving and how to make responsible financial choices.
Listener Survey!
Thank you so much for supporting the Healthy Family Project Podcast from Produce for Kids! We'd love if you could take 5 minutes to let us know how we can bring you the best possible content future episodes. By completing the survey, you'll also be entered to win a $50 Amazon gift card! Take the survey here.
Healthy Recipes & Tips in Your Inbox
Sign up for the Produce for Kids e-newsletter to receive healthy recipe inspiration, our latest blog posts and more directly to your inbox each week.
Healthy Family Project Facebook Group
Join our new Healthy Family Project Facebook group! This group will serve as a safe space for parents and caregivers to talk all about raising a healthy family - from dealing with a picky eater and tips to get more fruits and veggies onto plates to exercising as a family and mental health. We welcome all of you to join in!
Relevant Links
Learn more about the Greenlight card Follow Greenlight on Instagram Money Skills to Teach Your Kids Find the Greenlight Card app on Apple App Store or Google Play
Other Podcast Episodes to Check Out:
Episode 35: Helping Kids Make Good Choices Episode 31: Balancing Career & Family Episode 22: Meal Planning for Busy Families Episode 18: How Families Can Reduce Food Waste Episode 17: New Year’s Resolutions for Families
Timestamps
3:32 How the idea for Greenlight started 7:27 Capabilities of Greenlight card 13:30 Allowance and chore capabilities through the app 16:14 How & when to start teaching financial responsibility to kids 21:43 Perks of allowances 25:25 How to prepare your teens for the real world 31:20 How to help our kids from getting into future debt 37:54 What does a healthy family mean to you?
Check out the full Episode 42 show notes on our website!
In this episode of the Healthy Family Project, we talk to Tim Sheehan, co-founder of Greenlight all about teaching our kids how to be financially responsible. It seems like financial responsibility is one of those skills that we don’t think we need to tackle until our kids are in their teens, but it’s important to start talking about finances early. Tim shares tips to help parents teach their kids about managing money from a young age, including the pros of allowances and how the Greenlight Card can help.
Tim Sheehan is the Co-Founder and CEO of Greenlight. Greenlight is the safest way for parents to give their kids money, approve their spending, and prepare them for financial independence. Prior to Greenlight, Tim was the Lead Entrepreneur In Residence at Georgia Tech's startup incubator, the Advanced Technology Development Center. Earlier in Tim's career he was Director of Yahoo! Finance and responsible for growing it to the #1 finance site in the world. Tim also served as SVP Products, Marketing and Strategy for Biller Solutions at Fiserv, was a Cofounder & CEO of Reachable, General Manager of Yodlee, and Senior Product Manager at E*Trade.
About Greenlight:
Greenlight is a debit card for kids, teens and college students that parents can manage with the Greenlight app using flexible parental controls. Since 2017, Greenlight has helped more than half-a-million parents and kids manage their finances by giving parents the tools they need to teach their children how to spend wisely, the importance of saving and how to make responsible financial choices.
Listener Survey!
Thank you so much for supporting the Healthy Family Project Podcast from Produce for Kids! We'd love if you could take 5 minutes to let us know how we can bring you the best possible content future episodes. By completing the survey, you'll also be entered to win a $50 Amazon gift card! Take the survey here.
Healthy Recipes & Tips in Your Inbox
Sign up for the Produce for Kids e-newsletter to receive healthy recipe inspiration, our latest blog posts and more directly to your inbox each week.
Healthy Family Project Facebook Group
Join our new Healthy Family Project Facebook group! This group will serve as a safe space for parents and caregivers to talk all about raising a healthy family - from dealing with a picky eater and tips to get more fruits and veggies onto plates to exercising as a family and mental health. We welcome all of you to join in!
Relevant Links
Learn more about the Greenlight card Follow Greenlight on Instagram Money Skills to Teach Your Kids Find the Greenlight Card app on Apple App Store or Google Play
Other Podcast Episodes to Check Out:
Episode 35: Helping Kids Make Good Choices Episode 31: Balancing Career & Family Episode 22: Meal Planning for Busy Families Episode 18: How Families Can Reduce Food Waste Episode 17: New Year’s Resolutions for Families
Timestamps
3:32 How the idea for Greenlight started 7:27 Capabilities of Greenlight card 13:30 Allowance and chore capabilities through the app 16:14 How & when to start teaching financial responsibility to kids 21:43 Perks of allowances 25:25 How to prepare your teens for the real world 31:20 How to help our kids from getting into future debt 37:54 What does a healthy family mean to you?
41 min