The Art of Allowance Podcast is hosted by John Lanza, the author of "The Art of Allowance: A Short, Practical Guide to Raising Money-Smart, Money-Empowered Kids." John is also the Chief Mammal and Creator of The Money Mammals, the award-winning DVD and picture book series that helps get kids excited about money smarts. In the Art of Allowance podcast, John interviews parents and other youth money experts to discuss tools, tactics and tricks that families can pick and choose from to help them raise financially literate, money-smart and money-empowered kids (from birth to teen).
AOA 043: What Families Need to Know to Cultivate a Culture of Prosperity - With Guest Ellen Rogin
What are the keys to cultivating a culture of prosperity?
Ellen Rogin has made it her life’s work to educate, counsel and guide people to grow their prosperity and to use it as a force for good in their lives and in the world. The co-author of the bestselling Picture Your Prosperity: Smart Money Moves to Turn Your Vision into Reality and a TEDx presenter, she has been quoted in such national publications as The New York Times, Money and The Huffington Post. As a consultant and a speaker around the globe, Ellen combines her deeply credentialed experience as a former financial advisor with her intuitive abilities to guide people to a clearer understanding of what they can do to enhance their relationships with money, identify their money strengths and chart an inspired path to reaching their financial and business goals.
AOA 042: Understanding Our Own Money Scripts to Be Better Financial Role Models for Our Kids - With Guest Brad Klontz
How are our financial behaviors influenced by past generations, and what can we do to acknowledge our own money issues to become better financial role models for our kids?
Enter Doctor Brad Klontz's concept of money scripts. Brad is an expert in financial psychology, financial planning, and applied behavioral finance. He’s also an Associate Professor of Practice at Creighton University Heider College of Business, Co-Founder of the Financial Psychology Institute, and Managing Principal of Your Mental Wealth Advisors. A Fellow of the American Psychological Association, Brad was awarded this institution's Innovative Practice Presidential Citation for his application of psychological interventions to help people with money and wealth issues and his innovative practice in financial psychology for practitioners across the country.
In addition to the six books Brad has authored or edited, he has been a columnist for the Journal of Financial Planning, On Wall Street and Psychology Today. His work has been featured on many media outlets and in professional magazines and journals, including NPR, Money Magazine and The Wall Street Journal. In 2019 Brad was appointed to the CNBC Financial Wellness Council, and in 2018 he received the Montgomery-Warschauer Award from the Journal of Financial Planning, honoring the most outstanding contribution to the betterment of the financial planning profession. Brad has partnered with organizations including Capital One, JP Morgan Chase, Mutual of Omaha and H&R Block in efforts to help raise public awareness around issues related to financial health and financial psychology.
AOA 041: Three Ways of Framing the College Conversation - With Guest Ron Lieber
What are the criteria families should follow during the college search process?
Author and journalist Ron Lieber outlines three key points and frames them in terms of the larger money conversation during this episode of The Art of Allowance Podcast. A father of two and a fan of family finance, Ron has been the "Your Money" columnist for The New York Times since 2008. Before coming to The Times, he wrote the “Green Thumb” personal finance column for The Wall Street Journal and was part of the startup team at the paper’s Personal Journal section. His book The Opposite of Spoiled: Raising Kids Who Are Grounded, Generous, and Smart About Money was an instant New York Times and Wall Street Journal bestseller when it was released in 2015. (It is also referenced and listed as suggested reading within my book for parents, The Art of Allowance: A Short, Practical Guide to Raising Money-Smart, Money-Empowered Kids.) Ron's newest book, The Price You Pay for College: An Entirely New Roadmap for the Biggest Financial Decision Your Family Will Ever Make, is now available. I am a fan of Ron and his work, and I hope you will be too after this illuminating conversation.
AOA 040: Noise, Choice-Fullness and Monetary Control — With Guest Robert Reiher
How does "noise" pose a threat to our children's futures?
On this episode of The Art of Allowance Podcast, Dr. Robert Reiher offers insight into the concept of "noise" and explains its relationship to cognitive development, marketing and self-control. From a background of over forty-five years of product and program development as well as Media, Developmental and Educational Psychology, Rob has integrated neuroscience, consciousness research and personal development into a strategic and practical framework for understanding how to live more Choice-Fully in a world of increasing “noise” and uncertainty.
After several years of working in the context of commercial product and program development, Rob, frustrated with the lack of concern for the integration of human developmental dimensions into product development, divorced himself from this context to shine a light on the topic of Choice-Fullness in the accelerating Culture of Noise as well as to create a new and integrated approach to self-improvement and the development of Choice-Full products and programs. Rob is the co-author of What Kids Buy and Why and Kidnapped: How Irresponsible Marketers Are Stealing the Minds of Your Children. He is currently completing the book FutureWise: The Challenge of Choice in the Culture of Noise.
AOA 039: Five Jars and Many Teachable Moments Raising Money-Smart Kids — With Guest Robin Taub
Does the tried-and-true three-jar system have room for two additions? Robin Taub makes the case for "Earn" and "Invest" to join the traditional "Share," "Save" and "Spend Smart" jars during this episode of The Art of Allowance Podcast. Robin is a financial writer, speaker and consultant. A Chartered Professional Accountant (CPA, CA) by training, Robin is also the best-selling author of Raising Money-Smart Kids: How to Teach Your Kids about Money While Learning a Few Things Yourself, a book that gives parents the information and skills they need to teach their kids about money.
Robin has held professional positions in both audit and taxation at two of Canada’s largest accounting firms, and spent five years in the complex world of Derivatives Marketing at Citibank Canada. She is also passionate about improving opportunities for women CPAs to advance into positions of leadership. From 2008 until 2017, she was a member, and then Chair, of the Chartered Professional Accountants of Canada’s Women’s Leadership Council. A proponent of lifelong learning, Robin also participated in the Canadian Board Diversity Council’s Director Education Program. She has two mostly money-smart kids and lives in Toronto.
AOA 038: Raising a Money-Smart, Commercial-Free Child - With Guest Josh Golin
Is it possible to protect our kids from rampant consumerism in a social media age? Josh Golin, now Executive Director of the Campaign for a Commercial-Free Childhood (CCFC), has many recommendations to protect kids from both the obvious and subtle pitfalls of materialism and social media. Josh found his calling as a CCFC intern in 2003 and has been with the organization ever since. Most recently, as Associate Director, he was organizing campaigns and developing communications strategies. Josh has appeared on Today, NPR and Fox & Friends, and he has been quoted in publications including The New York Times and The Washington Post. His writings on the commercialization of childhood have appeared in many outlets as well. He and his wife, Jennifer, are doing their best to raise their daughter, Clara, commercial-free.
John’s podcasts are full of real, practical ideas, strategies, and perspectives about parenting that we can all learn from. We have enjoyed listing to his insightful interviews with guests. John has a lot of wisdom to share himself and also draws out tangible ideas from guests through his comfortable questioning and conversational style.
Thoughtful conversations about kids and money
It's hard to find thoughtful, non-superficial podcasts about teaching kids good money habits. But, you just found one. Enjoy!
How to get happier about kids and money
Thank you, John Lanza, for this valuable podcast! Finally, someone is talking about allowance in relationship to our own experiences with and ideas about money. Through great conversations, TAOL motivates and teaches you to help your kids get money smart and money confident without getting too bogged down in past failures or preconceived ideas. Every time I reboot this program (because sometimes I fall off the wagon) my kids are happier, I’m more accountable with my own finances, and the endless flow of cash from my wallet to their fists comes to a stop. Like magic, we all seem to make better and more thoughtful choices and the guilt disappears. If you really want to teach your kids to think about and value money, and model good money practices for them, take a listen. A MUST for parents.