Where moms come together to learn about money – in all the ways it impacts our lives – with love. Discover how you can feel confident with your finances; ditch the money shame and guilt; raise independent, money-savvy little humans; and give yourself the freedom and stability to live your best life. We’ll discuss budgeting, debt freedom, investing, career development, entrepreneurship, and more.
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Where moms come together to learn about money – in all the ways it impacts our lives – with love. Discover how you can feel confident with your finances; ditch the money shame and guilt; raise independent, money-savvy little humans; and give yourself the freedom and stability to live your best life. We’ll discuss budgeting, debt freedom, investing, career development, entrepreneurship, and more.
Why Your Kids Need a Budget & The Best Tips for Getting Started with Jesse Mecham
Smart Money Mamas Show
51 minutes 53 seconds
4 years ago
Why Your Kids Need a Budget & The Best Tips for Getting Started with Jesse Mecham
#109 Today I'm talking with the author and founder of You Need a Budget, Jesse Mecham. The YNAB app started with a simple spreadsheet he created so he and his wife could generate an extra $300 a month. Now they are busy discovering how to teach their seven children about why they need a budget.
We're talking about why budgets are ever-changing, how to engage your kids' money personalities, and why you don't have to be a money expert to teach your kids about budgeting.
(8:54) Learn where people most often overcomplicate their budgets
(11:09) Here are some tips for helping a reluctant partner understand why you need a budget
(25:24) Wondering how you can discourage kids from buying things you don’t want them to buy? Check out these tips!
(27:16) Check out the four YNAB rules and why they are easy enough for kids to understand (31:00) Hear about the many different versions of budgeting systems Jesse and Julie have tried in their home
(42:35) This is how Jesse is thinking about raising kids who will likely find partners as adults who aren't as financially savvy as his kids will be
(47:13) Chelsea’s Top Takeaways Looking for more information, mama? Visit the show notes at
https://www.smartmoneymamas.com/109
Grab your FREE Family Money Values Template https://smartmoneymamas.com/family-money-values-template/
Smart Money Mamas Show
Where moms come together to learn about money – in all the ways it impacts our lives – with love. Discover how you can feel confident with your finances; ditch the money shame and guilt; raise independent, money-savvy little humans; and give yourself the freedom and stability to live your best life. We’ll discuss budgeting, debt freedom, investing, career development, entrepreneurship, and more.
