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Delayed Gratification Needs & Wants Smart Spending Video

Tips for When Kids Want Something But Don’t Have the Money – Podcast

September 29, 2021by Susan BeachamNo Comments

It is better to teach kids how to do something themselves than to just do it for them.   Now, I did not say “easier” 😉 , I said “better” – in the long run.

You may have heard the proverb: “ If you give a man a fish, he eats for a day; If you teach a man to fish, he eats for a lifetime.”

In this podcast I spell out why it is so important to teach your kids how to get what they want or need – not to “give” your kids what they want or need – all the time.  Delayed gratification is a learned behavior – it’s not instinctual (unfortunately).  So taking the steps in this podcast to help them learn how to earn will empower them.

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Money Choices Needs & Wants Smart Spending Video

Is Your Teen Asking for a Car? – Podcast

September 14, 2021by Susan BeachamNo Comments

If you have a teen or teens in your home, have you been asked by them for a car?  Have you heard from them that everybody else’s parents are buying their kids a vehicle?

Listen first to our podcast on how to have the “car discussion” before you sit down and talk with your kids.

The purchase of a first car is an incredible learning opportunity for the whole family.  Next to a house, a car is likely to be the largest purchase they will make.  So here are some tips to teach them how to make that purchase wisely.

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Allowance Budgets Goal Setting Video

Teaching Kids How to Budget – Podcast

August 18, 2021by Susan BeachamNo Comments

I have often said that allowance is the gateway to budgeting.  Allowance gives the child in your life directions – how to make choices, how to set goals, how to delay gratification and so on.  All good things.  Budgeting is then the next level up in financial empowerment.

Budgeting allows you to live your best life – maybe just not all at once – but over time.  In this “A Seat at the Kids Table” podcast segment from the Seven Figures Podcast, I offer some steps that can help make budgeting fun vs. a “chore” for kids.

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Investing Money Choices My Story Video

The “Currency” in Internships – Podcast

July 31, 2021by Susan BeachamNo Comments

In my time, we have had several interns at Money Savvy Generation. Each one was a “win” for us as a company. They brought new ideas and enthusiasm for the financial education work that we do. They were excited about tackling projects that we just did not have the time to devote to – but needed to get done nevertheless. We know they added value to our organization.  But did we give the same value in return? I think we did.  But many ask should internships be paid or unpaid?

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About Susan

A sought-after speaker for financial institutions, state regulatory agencies, trade associations, leadership conferences and schools, she is the creator of the Money Savvy Pig piggy bank-- the centerpiece of the Money Savvy Kids Basic Personal Finance Curriculum.

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