The Road to Why

Helping Families Talk About Money with Johnson Cook (Greenlight)


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How do families talk about money together?  They usually don’t.  

 

But talking about financial matters with family does not have to be awkward or taboo.  In fact, finding small opportunities to discuss money with your kids can build a foundation for having bigger conversations about the family’s wealth and estate plan.

 

As co-founder of Greenlight, Johnson Cook is helping to build this foundation for millions of Americans.  Greenlight is a financial education app and debit card for kids and teens that allows parents to instantly send their kids money, set up chores and allowance, create savings goals, and more.

 

In today’s episode, Johnson shares his own entrepreneurial journey, as well as insights on how we can empower parents and kids with the tools to learn about, and talk about, money together.

 

In the episode we will learn:

  • (03:13) - How did growing up on a farm shape Johnson's view on work?
  • (06:26) - What differing money stories did Johnson and his co-founder have?
  • (08:43) - How did Johnson's entrepreneurial journey start and evolve?
  • (11:34) - What mistakes did he make as an entrepreneur?
  • (14:38) - Why are some families reluctant to talk about financial education?
  • (18:14) - How does Greenlight facilitate family money conversations?
  • (21:07) - How does Johnson raise entrepreneurial and appreciative children?
  • (24:13) - What is the bigger purpose behind Greenlight?
  • (26:07) - What are Johnson's long-term plans for his entrepreneurial journey?
...more
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The Road to WhyBy The Northern Trust Institute

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