The Money JAR

Allowances are complicated for parents. What is the appropriate amount to give your child? Should allowance be tied to anything, like chores or grades? We tackle allowances with special guest Will Carmichael, CEO of RoosterMoney. The group talks about when and how much parents are actually giving their children, activities that net the most allowance money for kids, and how kids typically spend their allowance. This episode provides great tips and tools for parents to manage their kids' allowances.

Learn about RoosterMoney here: https://www.roostermoney.com/us/

RoosterMoney is on Twitter @rooster_money and on Facebook at https://www.facebook.com/roostermoney/

Check out the Kids Allowance Report here: https://www.roostermoney.com/us/kids-allowance-report-us/

This episode features Olympic medalist and ESPN broadcaster Jessica Mendoza. Jessica was a four-time First Team All-American outfielder at Stanford University and member of the US women's national softball team, who is currently a member of the broadcast team of ESPN's Sunday Night Baseball. She shares her story with the show from her childhood to her successful career in broadcasting. Jessica discusses career challenges, and how to get out of your comfort zone and build confidence. Get inspired to be unique and stand out as you pursue your dreams.

With a new year upon us, it's a great time to help our kids make financial resolutions. What is a financial resolution, and how can kids be successful at making them? The Money JAR team discusses being a role model to your kids and keeping your own financial resolutions. We share tips and tricks for saving, breaking financial resolutions into achievable parts and how to make money management into a fun-filled family activity.

To see more on this topic, check out this article: https://wiki.debtcc.com/personal-finance/how-to-teach-your-kids-to-make-financial-resolutions-and-keep-them.html

What is a challenge you face every day and what is a solution to that? Ashley Lin, founder and CEO of Summer App, constantly thinks like an entrepreneur and about how she can make people's lives better. Ashley shares her motivations, her passion, and what she's learned from experiencing entrepreneurship in a global environment. We discuss the practical tips for how teens can learn about entrepreneurship and build successful businesses.

Student expression at school can be a huge benefit to the community. In this episode, we hear from Cedric, a high school student who shares what it takes to advocate for yourself and your peers and help make a difference. Cedric talks about his experience as a student representative and working with the school board. He also shares the challenge of taking in multiple perspectives in solving controversial school issues.

More than half of parents let their kids use credit cards and nearly half of them regret it.

In this episode, the Money JAR team talks about the pros and cons of kids having credit cards. Todd, Evan, and Alex consider a T. Rowe Price study that shows the prevalence of kids from ages 8 to 14 in using credit cards, a trend which is on the rise.

Read the full article on Moneyish.

Esports has seen massive growth in popularity in the past two years, both inside of its community and outside. 46 million people watched the League of Legends championship last year, and the 2017 World Championship in Poland had 173,000 live attendees, 100,000 more than the Superbowl. With this growth in audience, more students are looking into Esports as a path to education. Today, the Money JAR team speaks with semi-professional Esports athlete Parker Thompson about how video games can lead to money for college through tournament winnings, sponsorships and contracts, and the realities of being an Esports athlete. Parker focuses on Shadowverse, a digital Collectable Card Game, and is a Sophomore at BYU.

Click here to learn more about Shadowverse

Click here to find Esports tournaments near you

Find Esports scholarships:

https://www.scholarships.com/financial-aid/college-scholarships/scholarship-directory/athletic-ability/esports

https://www.tun.com/blog/esports-scholarships-for-gamers/

Did you know that there is a difference between a scholarship and a grant, and that difference can affect the money you receive from your chosen school? Today, the Money JAR team talks with Beatrice Schultz of Westface College Planning to discuss an important topic on every college bound student and parents' mind: how to pay for college. We tackle strategies, available grants and some common misconceptions about the college planning experience. There are a lot of great resources, so please check out our website for more information and links to the resources discussed in the episode!

How can students become community leaders? This episode's guest tells us how to build relationships and how true joy and meaning comes from serving others. He shares why it is important for young people to become servant leaders and how to learn important character traits. John Norlin is the Program Administrator for Student Leadership & Community Involvement for the Sumner School District, a Servant Leadership trainer, and motivational speaker. John is the co-founder of Character Strong, an organization that provides curricula and trainings for schools internationally. They help educators infuse character and social-emotional learning into the daily fabric of any classroom. Learn more about Character Strong at https://www.characterstrong.com/. Facebook @getcharacterstrong https://www.facebook.com/getcharacterstrong/

In this episode, author John Lanza shares important advice about allowances and how to raise money-smart kids. John shares stories from raising his daughters and helping them learn to save, share and spend money wisely. We discuss important considerations related to allowances, chores and money messages.

John Lanza is the creator of The Money Mammals financial literacy program and author of the Dr. Toy Award-winning "Share & Save & Spend Smart" picture book trilogy, and has more than a decade of experience in the money-smart movement. Learn more about John and his work at https://theartofallowance.com/.

https://www.themoneymammals.com/aboutus/

Facebook and Twitter: @themoneymammals

https://www.linkedin.com/company/themoneymammals/