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 050: The Money Mammals Maven - With Special Guest Eileen Lanza
Ever wonder what it would be like to chat with the original Money Mammal? Then wonder no more! Eileen Lanza is a real estate investor and a Top Producer/Realtor with Keller Williams Realty in Los Angeles, where she lives with her two daughters and yours truly. Eileen and I co-created The Money Mammals, a program that gets kids excited about money smarts and which began our family's foray into youth financial literacy. Our journey eventually led to The Art of Allowance book and this podcast to help parents like you raise money-empowered children. I often refer to Eileen as the original Money Mammal because she has set the standard for money-smart behavior that informs much of what I discuss with my podcast guests. In this very special 50th episode of our program, you'll want to listen closely to hear Eileen's no-nonsense approach to money, learn why she adopted smart money habits early and discover one money-smart mistake she thinks we made in raising our own kids (which you can avoid by starting early).
AOA 049: The Hybrid Allowance System - With Guest Kennedy Reynolds
Just how do you navigate an allowance system that is both digital and physical?
Kennedy Reynolds will show you the way! Kennedy is the Chief Content & Education Officer at Acorns, a saving and investing app. She spearheads the company’s education and impact initiatives, working to unite financial literacy and consumer decision-making and to make money tools mainstream for everyday Americans.
Prior to Acorns, Kennedy led digital content strategy at Zeno Group and founded the agency's Story & Brand Practice. She graduated from Harvard University and went on to complete her Masters in Creative and Life Writing at Goldsmiths College, University of London. Kennedy is the mother of three young children and the author of Grow Your Oak, a children's book that empowers kids to invest in their financial futures.
AOA 048: Family Values and Money Conversations - With Guest Robin Taub
How can parents incorporate family values into the money conversations they're having with their kids?
Robin Taub offers several strategies during her second appearance on The Art of Allowance Podcast. A Chartered Professional Accountant (CPA, CA) by training, Robin began her career at KPMG, transitioned into real estate and then landed in the complex world of derivatives marketing at Citibank Canada. Today, she’s an author and a professional speaker. Robin lives in Toronto, where she and her husband have raised two (mostly) money-smart twenty-somethings. She is an avid cyclist, snowboarder, music lover and concert goer. I'm excited to welcome her back for a conversation about her new book, The Wisest Investment: Teaching Your Kids to Be Responsible, Independent and Money-Smart for Life.
AOA 047: The Key to Investing: Be Boring - With Guest Chris Browning
Do you consider investing to be inherently complicated?
Chris Browning just might change your mind with his "boring is better" approach. He is the host of the award-winning, short-form podcast Popcorn Finance and the call-in, money-advice show This Is Awkward. Chris was one of the first finance podcasters on the scene when he began producing content in 2017. His creation, Popcorn Finance, addresses financial topics in about the time it takes to make a bag of popcorn. Chris can be seen weekly on NBCLX’s Current as a personal finance expert contributor or heard on KFI AM 640 providing insights on the latest finance news. I first appeared on his show, and now he's returning the favor by joining me for a not-so-boring conversation.
AOA 046: Empowering Kids Financially by "Saving to Invest" - With Guest Gayle Reaume
What can we as parents do to empower our kids with money?
Gayle Reaume offers several strategies, including encouraging entrepreneurship, promoting a "saving to invest" mentality and shifting financial decision-making power. A mom herself, Gayle founded Moolah U fifteen years ago to give kids a practiced understanding of financial responsibility. Moolah U has now served thousands of Austin, Texas families through after-school clubs, summer entrepreneur camps and now a family financial app. Says Gayle, “I’m inspired by how technology can help people at scale, and I’m using that to empower every child to enter the 'real world' with a practiced understanding of financial literacy." In 2019, Gayle was awarded the Austin U40 Mentor of the Year Award. She also has been featured multiple times in the national media, including in The Wall Street Journal and on NBC Nightly News and Bankrate.com.
AOA 045: Consistency Is Essential When Raising Money-Smart Kids - With Guest Courtney Moran
What is the key to teaching money smarts in credit unions, families and schools?
According to Courtney Moran, the answer is consistency. Courtney joined the Cornerstone Credit Union Foundation in 2004, becoming the executive director in 2009. Previously, she worked in the financial services industry in areas ranging from operations to marketing. In her role at Cornerstone, Courtney promotes financial education among credit unions, educators and partner organizations. She also oversees the Foundation's grants and scholarships. Both a Credit Union Development Educator (CUDE) and an International CUDE, Courtney is a Credit Union Financial Counselor through the Credit Union National Association's FiCEP program. She serves as a director on the National Credit Union Foundation board and is a member of the Advisory Council and Outreach committee for BizKid$. Courtney was also recognized as a Credit Union Rock Star by Credit Union Magazine in 2014.
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.