Bad Money versus Good Money with Scott Donnell & Mindi Linscombe
Manage episode 379073505 series 3449595
In this wisdom-packed episode, Scott and host Mindi Linscombe cover some fascinating topics including:
- How money isn't good or bad. Money is a tool.
- The power of "adding & creating value" in life.
- Stages of Money Skills: Earn, save, spend, share, invest, protect, and borrow.
- How allowance is a version of codependence and socialism.
- What to pay or not pay children for tasks and "gigs" around the house.
- Insights into Scott's very first business when he was in school.
- How GravyStack (the best educational app for kids and teens) was created to develop resilient young people who are empowered not only to make money but also to make money matter.
- More on Scott's parenting community for those looking to shape a healthy money mindset in their children.
- How kids learn in two key ways: by having fun and real life experiences.
- Three E's of the Home Economy: Expectations, Expenses, Extra Pay.
- What are "Brain Gigs"? And, why Scott loves how the wisest families use these!
- How kids can make money with their brain!
- SPECIAL FREE GIFT: Be sure to use The Something New Show's special promo code Family23 for a free month of GravyStack!
Thanks for listening! Be sure to rate the show and leave a review with one key takeaway from this episode. And, be sure to subscribe to the show and tell a friend. Also, follow @thesomethingnewshow on Instagram and Facebook. If you want a fuller experience, like & subscribe to the show on Youtube! Cheers!
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