About the Episode: 

• In this episode, we’re sharing tips on how to teach your kids about budgeting, plus what age should you start.
• In our Current Events segment, we’re discussing the three stimulus checks that have been distributed. 
• Our success story comes from Amy, who made her final payment on her student loans!       

Resources:
FULLY FUNDED LIFE
Tool: Mini-Budget
IWBNIN Ladder
Financial Learning Experience
Joe’s Current Investments 2021

Related Monday Money Tip Podcast Episodes:
Episode 98: Fire Your Wanter
Episode 120: Saving for KUEs
Episode 134: 4 Steps to Budgeting
Episode 136: How to Maximize Your 2021 Tax Refund
Episode 137: 5 Tip to Help You Absolutely, Positively, Actually Follow Your Budget

BIG Concepts to Teach

• Plan spending before you actually spend the money
• GIVE | SAVE | INVEST | PLAN THE REST
• Wait overnight before making a big purchase
• Take care of needs before wants
• Mom and Dad aren’t taking care of you the rest of your life - don’t count on us!
• Invested money will produce money you didn’t work for!
• Saved money allows you to take advantage of opportunities and overcome obstacles
• Don’t borrow money for things that don’t go up in value or produce income if you can’t immediately pay it back

Email [email protected] to ask questions or share success stories.