Smart Money Mamas Show

Why Your Kids Need a Budget & The Best Tips for Getting Started with Jesse Mecham


Listen Later

#109 Today I'm talking with the author and founder of You Need a Budget, Jesse Mecham. The YNAB app started with a simple spreadsheet he created so he and his wife could generate an extra $300 a month. Now they are busy discovering how to teach their seven children about why they need a budget.

We're talking about why budgets are ever-changing, how to engage your kids' money personalities, and why you don't have to be a money expert to teach your kids about budgeting.

(8:54) Learn where people most often overcomplicate their budgets 

(11:09) Here are some tips for helping a reluctant partner understand why you need a budget 

(25:24) Wondering how you can discourage kids from buying things you don’t want them to buy? Check out these tips! 

(27:16) Check out the four YNAB rules and why they are easy enough for kids to understand  (31:00) Hear about the many different versions of budgeting systems Jesse and Julie have tried in their home

(42:35) This is how Jesse is thinking about raising kids who will likely find partners as adults who aren't as financially savvy as his kids will be

(47:13) Chelsea’s Top Takeaways  Looking for more information, mama? Visit the show notes at

https://www.smartmoneymamas.com/109

Grab your FREE Family Money Values Template https://smartmoneymamas.com/family-money-values-template/

 

...more
View all episodesView all episodes
Download on the App Store

Smart Money Mamas ShowBy Chelsea Brennan

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

118 ratings


More shows like Smart Money Mamas Show

View all
Focus on Marriage Podcast by Focus on the Family

Focus on Marriage Podcast

1,897 Listeners

Focus on the Family with Jim Daly by Focus on the Family

Focus on the Family with Jim Daly

4,811 Listeners

The Side Hustle Show by Nick Loper of Side Hustle Nation | YAP Media

The Side Hustle Show

1,585 Listeners

The Tim Ferriss Show by Tim Ferriss: Bestselling Author, Human Guinea Pig

The Tim Ferriss Show

16,134 Listeners

So Money with Farnoosh Torabi by Farnoosh Torabi

So Money with Farnoosh Torabi

1,943 Listeners

Full-Tilt Parenting: Strategies, Insights, and Connection for Parents Raising Neurodivergent Children by Debbie Reber

Full-Tilt Parenting: Strategies, Insights, and Connection for Parents Raising Neurodivergent Children

967 Listeners

The Goal Digger Podcast | Top Business and Marketing Podcast for Creatives, Entrepreneurs, and Women in Business by Jenna Kutcher

The Goal Digger Podcast | Top Business and Marketing Podcast for Creatives, Entrepreneurs, and Women in Business

12,044 Listeners

Front Row Seat with Ken Coleman by Ramsey Network

Front Row Seat with Ken Coleman

2,590 Listeners

The Divorce Survival Guide Podcast by Kate Anthony, CPCC

The Divorce Survival Guide Podcast

575 Listeners

I Have ADHD Podcast by Kristen Carder

I Have ADHD Podcast

2,848 Listeners

DIY Money | Personal Finance, Budgeting, Debt, Savings, Investing by Quint Tatro & Daniel Czulno, CFP® a passionate look at everything money from budgeting, savings, investing, stocks, bonds, debt. For those that enjoy Dave Ramsey, Jill On Money, Smart Money, BiggerPockets it’s worth a listen!, Bleav

DIY Money | Personal Finance, Budgeting, Debt, Savings, Investing

883 Listeners

The Happiness Lab with Dr. Laurie Santos by Pushkin Industries

The Happiness Lab with Dr. Laurie Santos

14,392 Listeners

Momwell by Erica Djossa

Momwell

301 Listeners

Huberman Lab by Scicomm Media

Huberman Lab

28,999 Listeners

Good Inside with Dr. Becky by Dr. Becky Kennedy

Good Inside with Dr. Becky

4,470 Listeners