Teaching your Kids about Finances
episode
DIY Money | Personal Finance, Budgeting, Debt, Savings, Investing
12 min
3 speakers
5 chapters
transcribed 1 month ago
Transcript
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Transcript generated automatically by AI and may contain errors.
How do Quint and Logan introduce the episode and listener call-ins?
Hey, this is Allie, and thanks for listening to the show. Give us a five-star review where you listen and share this episode with someone who might need to hear it. Now, enjoy the show. Welcome back. Ladies and gentlemen, you're listening to another edition of DIY Money. DIY Money. Logan, what has been the reaction of your bride since the Money in Marriage series? She still hasn't spoken to him.
You know, it's funny. She has actually had, so, like, her family members and stuff have listened to it, but some of her friends knew that she was doing it, so they listened to it, too, and they, like, gave her positive feedback, and she's kind of, like, riding high on the horse. She wants to come back on again. Wow.
I doubt it.
Okay, I wouldn't say that. But I think it was kind of like a fun thing that she's now excited that she did it and went through it and that we talked about it and things. And I think it gave her a good perspective to hear from you and to listen to the Brandy in your episode to hear a little bit more about how you guys do things. And that's going to help us for the future as well.
I loved listening to your episode.
What feedback did Logan's wife and guests give after the Money in Marriage series?
It was fun to listen to Brandy and I, it was treasured to listen to John and Carol. I loved that. And I need to, I listened to it alone. I don't think my wife has listened to it. I want to listen to it with her, but I just kept thinking about, holy cow, this, These folks, and I alluded to this obviously on the podcast, they're very financially successful, ministry for like 50 years. So it's not like, oh, he's a CEO or some entrepreneur or business or whatever. But the frugal living, and you know as well as I do, when John and Carol want to do something or when they want to buy something, they do. It's not like they go, oh, no, can't do that. You can't go on that trip or whatever. They do what they want to do.
But the contentment is what I really took away from that. And I really, reflecting on my own life, I'm like, man, you've got to really check yourself sometimes and work on contentment. You better check yourself before you wreck yourself. Because on one hand, it drives me. Lack of contentment drives me with goals and ambitions. On the other end, it puts you on the freaking whatever wheel, the mouse wheel, which is just a never-ending trap. That's exactly right. It was amazing. If you've not listened to those podcasts yet, please do. Money and Marriage series. It does delve a little bit into our faith and so forth. And if that's not your thing, it's okay. It doesn't have to be your thing. But there's a lot of nooks and crannies, I think, that you can pick up in those podcasts.
Make sure you check them out. All right, let's take a brief break for our sponsors. All right, welcome back. I think we just jump right into it today because we got a great one from Jake. What do you got? DIY!
Hi, DIY. I'm Monique. This is Jake from Duluth, Minnesota. Long-time listener, first-time caller. Love the show. Keep it up. I've learned a lot from it. My question for you is I have a 17-year-old who recently started working. I'm hoping to go to college next year. Wondering what kind of lessons I should be working on with him with his money. He doesn't really have any expenses, so not really a lot to budget for other than savings. I appreciate your advice. Thanks for your time.
Okay, Jake, hopefully, and I don't know if this is true, but hopefully you have been communicating about money with your son for a long time now. It's all of a sudden difficult if you all of a sudden try to introduce this new topic just because age or work or whatever. We get this a lot. We get folks that come in and they say, hey, thanks for all the work you do for us, but Our son or daughter is working. Would you talk to them? And we're always open to that. But if they've not had this sort of money blueprint imparted upon them from an early age. It's almost like saying, oh, let's sit down and learn German together. Right. What? A what? Like, that's not going to happen. So I'm going to assume that you have been imparting this wisdom on him.
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Chapters
5 chapters
1
How do Quint and Logan introduce the episode and listener call-ins?
0:01–1:06
2
What feedback did Logan's wife and guests give after the Money in Marriage series?
1:06–5:34
3
Why is contentment emphasized as a core financial lesson for families?
5:34–9:58
4
How does the hosts transition to listener questions and sponsor break?
9:58–11:34
5
What financial question does Jake from Duluth ask about his 17-year-old?
11:34–12:32