From Candy Bars to Investing: Inspiring Financial Decision-Making in Kids - Mari Collins Harris The Fallible Man Podcast

Discover the extraordinary journey of Mari Collins Harris, a woman who defied expectations and embarked on a mission to transform financial education for kids. As a mother of three, Mari understood the importance of teaching her children about money but felt frustrated by the lack of accessible resources. Little did she know that her passion for art and design would collide with the world of finance in a groundbreaking way. Join us as we delve into Mari's tale of innovation and creativity, and uncover the unexpected twist that propelled her to create an online shopping app that revolutionized how kids learn about money. Stay tuned for a story that will leave you inspired, with an open loop just waiting to be unraveled.
In this episode, you will be able to:
Get an insight into the transformative power of introducing financial literacy to younger generations.
Find out how to seamlessly infuse financial lessons into your daily life.
Explore how Emily Auster's economic views are reshaping parenting norms.
Realize the significance of humor in nurturing balanced and resilient children.
Learn the art of grounding children through realistic and enforceable consequences.
My special guest is Mari Collins Harris
Meet Mari Collins Harris, an innovative parent who has paved an exciting path in educating their children about money management, decision making, and entrepreneurship. Mari has successfully transformed everyday chores and activities into engaging lessons on financial literacy, fostering an environment for her children to nurture intelligent financial habits. Mari's unique approach to prioritizing tasks and rewards stimulates curiosity, fostering financial discipline and business acumen in their children from a young age.
The key moments in this episode are:00:00:02 - Building a Financial Education for Kids       00:01:15 - Introduction and Parenting Humor               
00:04:39 - Trivia Question  
00:05:39 - Who is Mari Collins Harris?  
00:06:51 - Conversation with Emily Oster             
00:15:55 - Getting to Know Mari Collins Harris         
00:17:00 - The Importance of Teaching Prioritization        
00:19:57 - Teaching Delayed Gratification and Making Choices         
00:22:43 - Challenges of Prioritization in Adult Life        
00:25:00 - Teaching Financial Prioritization         
00:30:55 - Teaching Kids about Giving and Money              
00:33:39 - Challenges of Teaching Financial Literacy to Kids               
00:36:42 - The Origin Story of the Cut Shop App            
00:40:27 - Using Cut Shop to Teach Smart Shopping             
00:46:11 - Discovering the Benefits of the App               
00:46:51 - Sharing and Managing the Child's Shop           
00:47:54 - Setting Limits and Donating           
00:49:41 - Reconciling with Bank Accounts          
00:52:21 - Teaching Financial Management to Kids
 
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