Welcome to Smart Money Parenting (audio edition), your essential podcast for parents passionate about empowering their children with vital financial skills often missed in traditional education. Join us as we delve into a diverse range of topics designed to arm you with practical knowledge and tools to raise financially literate and responsible children.
The Secret To Success - Compounding Consistency
Scott Donald and Chad Willardson focus on the principle of consistency, emphasizing its importance in both smart money parenting and investment. They emphasize that consistency helps children form crucial habits that define their character and worldview over time. They also dissect how consistency is key in nurturing investment, relating it to compound interest. With a wider perspective, they extend the analogy of consistency in investments to other life areas like health, academics, and daily routines. The duo insists the cruciality of unstinting practice and maintaining habits from a young age, emphasizing how it compounds over time, proving highly beneficial in the long run. The narrative also dissects the applications of consistency, explaining it as a strategy to guide children’s behavior in multiple contexts, like nutrition, physical activity, and carrying out chores. On a concluding note, the assertion is made that kindness should be practiced consistently as well.
00:00 Introduction to Smart Money Parenting
00:44 The Importance of Consistency in Parenting
01:34 Consistency in Home Routines
02:56 The Power of Consistency in Skill Development
05:05 Consistency in Investing and Financial Education
09:47 The Impact of Consistency on Personal Growth
12:22 Consistency in Daily Habits and Routines
13:19 The Long-Term Effects of Consistency
15:08 Consistency in Kindness and Final Thoughts
2/24/2024 • 16 minutes, 2 seconds
Smart Money Parents VS Everyone Else - How We Are Crushing It
In this episode of the Smart Money Parenting show, hosts Chad Willardson and Scott Donnell discuss the significant differences between Smart Money Parents and regular parents. They emphasize that Smart Money Parents raise their children to be future adults who are prepared to face the real world. This involves teaching kids to create value and handle money independently instead of relying solely on their parents. Other discussions include the importance of praising children's choices and decisions rather than just their natural gifts, encouraging a mindset of continuous learning, and treating children as investments rather than expenses. They conclude by mentioning their workshop at dinnertable.com.
00:04 Introduction to Smart Money Parenting
00:29 The Difference Between Smart Money Parents and Others
01:17 The Impact of Smart Money Parenting on Children
02:23 The Challenges of Default Parenting
03:28 The Importance of Intentionality in Parenting
04:08 The Power of Mindset Shifts in Parenting
05:48 The Role of Choices in Smart Money Parenting
07:55 The Investment Perspective of Smart Money Parents
13:49 The Value of Learning and Growth in Smart Money Parenting
16:02 Conclusion and Invitation to Further Learning
2/19/2024 • 16 minutes, 58 seconds
Turn Your Passion Into Profit
In the latest episode of Smart Money Parenting, hosts Chad and his co-host emphasize the importance of transforming passion into profit. They highlight the necessity to not only pursue hobbies, but to also recognize opportunities to monetize these interests as viable paths for wealth creation. The hosts provide various examples using both their lives and their children's lives. They stress the importance of providing tools and knowledge to children so that they can discover their unique abilities and potentially transform these into profitable avenues. They also focus on the narrative that people need not only have a traditional job to make money, but can also grant value to others and make a living in any area they are passionate about and skilled in. The hosts emphasise how this approach to work could drastically change the 'work is drudgery' mentality and provide a more fulfilling work life.
00:04 Introduction to Smart Money Parenting
00:41 The Importance of Turning Passion into Profit
02:11 Understanding Kids' Dreams and Aspirations
02:42 Leveraging Skills and Capabilities into Profit
03:22 Examples of Turning Passion into Profit
06:40 The Role of Schools in Nurturing Passion
07:12 The Importance of Enjoying Your Work
11:11 The Impact of Passion on Job Selection
12:41 Conclusion: The Power of Turning Passion into Profit
2/17/2024 • 13 minutes, 37 seconds
How To Transform Insecurity Into Confidence With Our Kids
In this episode of Smart Money Parenting, Scott and Chad discuss overcoming insecurity and fostering confidence in children. They stress that true confidence doesn't come from external validation but from keeping commitments to oneself and creating value for others. They emphasize the importance of kids learning about money, being self-reliant, and taking on challenges. Chad shares personal anecdotes about his children to illustrate how confidence is boosted when they exhibit financial responsibility. Both hosts emphasize that confidence is critical for both personal and financial success, and parents can help instill this in their kids.
00:00 Introduction
00:21 Welcome to Smart Money Parenting
00:46 The Importance of Confidence in Kids
02:04 Building Inner Confidence vs Surface Layer Confidence
02:25 The Role of Commitment in Building Confidence
03:06 The Misconception of Confidence and Insecurity
04:46 The Power of Keeping Promises to Yourself
05:08 The Difference Between Insecurity and Confidence
05:42 The Contagious Nature of Confidence
08:30 The Role of Value Creation in Building Confidence
10:34 The Impact of Earning Money on Kids' Confidence
14:10 Conclusion: From Insecurity to Confidence
14:31 Closing Remarks and Thanks
Additional Links
Want to take your family and your finances to the next level? Schedule a call with Dinner Table today.
https://www.dinnertable.com
Chad’s Best Seller Book: Smart, Not Spoiled: The 7 Money Skills Kids Must Master Before Leaving the Nest by Chad Willardson
Scott’s Best Seller Book: Value Creation Kid: The Healthy Struggles Your Children Need to Succeed by Scott Donnell and Lee Benson
Scott Donnell on LinkedIn - linkedin.com/in/donnell-scott
Chad Willardson on LinkedIn - linkedin.com/in/chadwillardson
Scott Donnell on Instagram - @imscottdonnell
Chad Willardson on Instagram - @chad.willardson
Scott Donnell on TikTok - @imscottdonnell
2/12/2024 • 14 minutes, 53 seconds
The 1 Benefit Companies Don't Offer
In this episode, Scott and Chad talk about the one benefit that companies aren't offering... and how they are solving the problem.
Additional Links
Want to take your family and your finances to the next level? Schedule a call with Dinner Table today.
https://www.dinnertable.com
Chad’s Best Seller Book: Smart, Not Spoiled: The 7 Money Skills Kids Must Master Before Leaving the Nest by Chad Willardson
Scott’s Best Seller Book: Value Creation Kid: The Healthy Struggles Your Children Need to Succeed by Scott Donnell and Lee Benson
Scott Donnell on LinkedIn - linkedin.com/in/donnell-scott
Chad Willardson on LinkedIn - linkedin.com/in/chadwillardson
Scott Donnell on Instagram - @imscottdonnell
Chad Willardson on Instagram - @chad.willardson
Scott Donnell on TikTok - @imscottdonnell
2/7/2024 • 12 minutes, 59 seconds
Have You Ever Heard of Money Trauma?
In this episode of the Smart Money Parenting Show, hosts Chad Willardson and Scott Donnell delve into the topic of 'money trauma,' a form of childhood trauma that often goes undiscussed. They examine how attitudes and behavior around money during childhood can significantly shape people's financial behaviors in adulthood. The pair warns that without addressing and healing from this trauma, people may continue to perpetuate harmful financial habits, possibly passing them down to the next generation. They also stress the need to see money as a tool rather than a status symbol or a measure of self-worth. The hosts encourage listeners to reflect on their own 'money trauma', to discuss it with their children and to endeavor to lead by a better example financially.
00:00 Introduction to Money Trauma
01:36 Understanding the Impact of Money Trauma
02:30 The Relationship with Money
03:11 The Consequences of Money Trauma
03:33 Examples of Money Trauma
07:41 The Influence of Parents' Money Habits
09:41 The Importance of Addressing Money Trauma
09:56 How to Become a Smart Money Parent
13:00 Conclusion and Call to Action
Additional Links
Want to take your family and your finances to the next level? Schedule a call with Dinner Table today.
https://www.dinnertable.com
Chad’s Best Seller Book: Smart, Not Spoiled: The 7 Money Skills Kids Must Master Before Leaving the Nest by Chad Willardson
Scott’s Best Seller Book: Value Creation Kid: The Healthy Struggles Your Children Need to Succeed by Scott Donnell and Lee Benson
Scott Donnell on LinkedIn - linkedin.com/in/donnell-scott
Chad Willardson on LinkedIn - linkedin.com/in/chadwillardson
Scott Donnell on Instagram - @imscottdonnell
Chad Willardson on Instagram - @chad.willardson
Scott Donnell on TikTok - @imscottdonnell
2/2/2024 • 13 minutes, 56 seconds
There's Only 3 Ways To Make Money
Scott and Chad are back at it for 2024 and excited to bring you more great content. In this episode, they discuss the importance of teaching kids about financial independence at an early age. They identify three ways to make money: selling time, selling products, or investing capital. They emphasize the potential of the digital era that allows children and teenagers to learn anything for free and create passive streams of income. The idea is to motivate kids to think beyond the traditional hourly wages or salary jobs and explore creative ways of making money. In addition, the potential value of transformative approaches such as investing capital at a young age, drop shipping businesses or creating a tech product is highlighted.
00:00 Introduction
00:41 Welcome to Smart Money Parenting
01:32 The Three Ways to Make Money
02:40 Examples of Selling Time, Products, and Investing Capital
07:42 The Power of Compounding Interest
09:56 The Importance of Diversifying Income Streams
13:11 The Value of Results Over Time and Effort
15:46 Conclusion: Encouraging Kids to Think Outside the Box
Mentioned in this episode
gravystack.com/smart
gravystack.com/igniter
smartmoneyparenting.com
smartmoneyparenting.com/followus
Smart, Not Spoiled: The 7 Money Skills Kids Must Master Before Leaving the Nest by Chad Willardson
Value Creation Kid: The Healthy Struggles Your Children Need to Succeed by Scott Donnell and Lee Benson
Scott Donnell on LinkedIn - linkedin.com/in/donnell-scott
Chad Willardson on LinkedIn - linkedin.com/in/chadwillardson
Scott Donnell on Instagram - @imscottdonnell
Chad Willardson on Instagram - @chad.willardson
Scott Donnell on TikTok - @imscottdonnell
1/29/2024 • 16 minutes, 29 seconds
Hoarding vs Spending
In this episode of the Smart Money Parenting Show, co-hosts Chad Willardson and Scott Donnell dive into the topic of spenders versus hoarders. They discuss the different attitudes and behaviors associated with each type, emphasizing the importance of being frugal rather than cheap. The hosts offer insights on how to identify and manage these personality types, providing useful tips for finding a healthy balance between spending and saving. Tune in to learn more about the spender and hoarder profiles and gain valuable advice for navigating financial decisions.
Spending vs hoarding: different attitudes towards money
Cheap vs frugal: understanding the difference
Status and emotions drive overspending
Money habits often stem from childhood experiences
Healing and balance are key to smart money parenting
Mentioned in this episode
gravystack.com/smart
gravystack.com/igniter
smartmoneyparenting.com
smartmoneyparenting.com/followus
Smart, Not Spoiled: The 7 Money Skills Kids Must Master Before Leaving the Nest by Chad Willardson
Value Creation Kid: The Healthy Struggles Your Children Need to Succeed by Scott Donnell and Lee Benson
Scott Donnell on LinkedIn - linkedin.com/in/donnell-scott
Chad Willardson on LinkedIn - linkedin.com/in/chadwillardson
Scott Donnell on Instagram - @imscottdonnell
Chad Willardson on Instagram - @chad.willardson
Scott Donnell on TikTok - @imscottdonnell
1/25/2024 • 18 minutes, 34 seconds
Spending Vs Hoarding
In this episode of the Smart Money Parenting Show, co-hosts Chad Willardson and Scott Donnell dive into the topic of spenders versus hoarders. They discuss the different attitudes and behaviors associated with each type, emphasizing the importance of being frugal rather than cheap. The hosts offer insights on how to identify and manage these personality types, providing useful tips for finding a healthy balance between spending and saving. Tune in to learn more about the spender and hoarder profiles and gain valuable advice for navigating financial decisions. Spending vs hoarding: different attitudes towards money Cheap vs frugal: understanding the difference Status and emotions drive overspending Money habits often stem from childhood experiences Healing and balance are key to smart money parenting Mentioned in this episode gravystack.com/smart gravystack.com/igniter smartmoneyparenting.com smartmoneyparenting.com/followus Smart, Not Spoiled: The 7 Money Skills Kids Must Master Before Leaving the Nest by Chad Willardson Value Creation Kid: The Healthy Struggles Your Children Need to Succeed by Scott Donnell and Lee Benson Scott Donnell on LinkedIn - linkedin.com/in/donnell-scott Chad Willardson on LinkedIn - linkedin.com/in/chadwillardson Scott Donnell on Instagram - @imscottdonnell Chad Willardson on Instagram - @chad.willardson Scott Donnell on TikTok - @imscottdonnell
1/1/2024 • 0
The Pink Tax
In this episode of Smart Money Parenting, hosts Scott Donnell and Chad Willardson discuss the concept of the "pink tax." They explain that the pink tax refers to the tendency of products marketed towards women to be more expensive than similar products marketed towards men. This phenomenon has been present for decades but is now being exposed. The hosts highlight that simply adding a feminine touch to a product can increase its price by 30 to 43%. They encourage listeners to question the cost of products and not simply accept the status quo. This episode aims to raise awareness about the pink tax and empower consumers to make informed financial decisions. Pink tax: phenomenon of products marketed towards women being more expensive Products affected: razors, shampoo, dry cleaning, haircuts, clothing, footwear, gloves, hats, medicines Price increase: 30-43% for feminine products Importance of price comparisons and questioning costs Conversation about societal pressures and self-worth in relation to beauty and consumerism Mentioned in this episode gravystack.com/smart gravystack.com/igniter smartmoneyparenting.com smartmoneyparenting.com/followus Smart, Not Spoiled: The 7 Money Skills Kids Must Master Before Leaving the Nest by Chad Willardson Value Creation Kid: The Healthy Struggles Your Children Need to Succeed by Scott Donnell and Lee Benson Scott Donnell on LinkedIn - linkedin.com/in/donnell-scott Chad Willardson on LinkedIn - linkedin.com/in/chadwillardson Scott Donnell on Instagram - @imscottdonnell Chad Willardson on Instagram - @chad.willardson Scott Donnell on TikTok - @imscottdonnell
12/27/2023 • 14 minutes, 26 seconds
9 Ways to Avoid Spoiling Your Kids for Christmas
In this episode of Smart Money Parenting, hosts Chad and Scott celebrate the Christmas season by expressing gratitude for their healthy and happy families. They share 9 tips to for the holiday season! Tune in for a heartwarming discussion on the importance of investing in the long-term well-being of our families. Merry Christmas to all! Tips for not spoiling kids during Christmas Prioritize experiences over material gifts Embrace giving and involve kids in charitable activities Encourage creativity with homemade gifts Invest in learning through books and educational resources Mentioned in this episode gravystack.com/smart gravystack.com/igniter smartmoneyparenting.com smartmoneyparenting.com/followus Smart, Not Spoiled: The 7 Money Skills Kids Must Master Before Leaving the Nest by Chad Willardson Value Creation Kid: The Healthy Struggles Your Children Need to Succeed by Scott Donnell and Lee Benson Scott Donnell on LinkedIn - linkedin.com/in/donnell-scott Chad Willardson on LinkedIn - linkedin.com/in/chadwillardson Scott Donnell on Instagram - @imscottdonnell Chad Willardson on Instagram - @chad.willardson Scott Donnell on TikTok - @imscottdonnell
12/22/2023 • 17 minutes, 10 seconds
Every Kid's Biggest Fear
In this episode of Smart Money Parenting, Scott and Chad discuss the importance of helping children develop a strong sense of self-worth and identity. They emphasize the need for children to know that they are loved and valued, regardless of their achievements or performance. By addressing the biggest fear that every child has, they explore how parents can support their children in building a healthy self-image. Tune in to gain insights on fostering a positive identity in your children. Kids fear not being loved or feeling like they're not enough Parents need to reinforce their child's worth and value Identity shapes decisions and behaviors Values and vision are important in shaping a child's identity Reminding kids of their worth and potential helps them thrive Mentioned in this episode gravystack.com/smart gravystack.com/igniter smartmoneyparenting.com smartmoneyparenting.com/followus Smart, Not Spoiled: The 7 Money Skills Kids Must Master Before Leaving the Nest by Chad Willardson Value Creation Kid: The Healthy Struggles Your Children Need to Succeed by Scott Donnell and Lee Benson Scott Donnell on LinkedIn - linkedin.com/in/donnell-scott Chad Willardson on LinkedIn - linkedin.com/in/chadwillardson Scott Donnell on Instagram - @imscottdonnell Chad Willardson on Instagram - @chad.willardson Scott Donnell on TikTok - @imscottdonnell
12/18/2023 • 16 minutes, 31 seconds
How to Get Your Kids to Care About Money
In this episode of Smart Money Parenting, the hosts discuss the challenge of getting kids to care about money. They highlight that only 5% of kids are naturally entrepreneurial and interested in money, while the majority don't even want to talk about it. The hosts emphasize the importance of giving kids a motive to earn money and cover expenses, as this will help them develop a sense of responsibility and understanding about finances. Tune in to learn more about how to get your kids to care about money in the right way. Teenagers need a motive to care about money Kids won't care about money until they have to GravyStack app helps kids earn and manage money Teaching kids responsibility and choice-making is important Setting up a system with trust and responsibility can help kids learn about money Mentioned in this episode gravystack.com/smart gravystack.com/igniter smartmoneyparenting.com smartmoneyparenting.com/followus Smart, Not Spoiled: The 7 Money Skills Kids Must Master Before Leaving the Nest by Chad Willardson Value Creation Kid: The Healthy Struggles Your Children Need to Succeed by Scott Donnell and Lee Benson Scott Donnell on LinkedIn - linkedin.com/in/donnell-scott Chad Willardson on LinkedIn - linkedin.com/in/chadwillardson Scott Donnell on Instagram - @imscottdonnell Chad Willardson on Instagram - @chad.willardson Scott Donnell on TikTok - @imscottdonnell
12/14/2023 • 13 minutes, 9 seconds
Kids Need Manners
Scott and Chad discuss the importance of teaching children manners and respect. They share personal stories and experiences that have made an impact on them, such as their children being praised for their respectful behavior. They emphasize the need for kids to learn respect for adults, have good attitudes, and engage in age-appropriate conversations. They also mention how these traits stand out to adults and the positive effects they can have on children's confidence and capabilities. Mentioned in this episode gravystack.com/smart gravystack.com/igniter smartmoneyparenting.com smartmoneyparenting.com/followus Smart, Not Spoiled: The 7 Money Skills Kids Must Master Before Leaving the Nest by Chad Willardson Value Creation Kid: The Healthy Struggles Your Children Need to Succeed by Scott Donnell and Lee Benson Scott Donnell on LinkedIn - linkedin.com/in/donnell-scott Chad Willardson on LinkedIn - linkedin.com/in/chadwillardson Scott Donnell on Instagram - @imscottdonnell Chad Willardson on Instagram - @chad.willardson Scott Donnell on TikTok - @imscottdonnell
12/4/2023 • 13 minutes, 40 seconds
Entitlement
In this episode of Smart Money Parenting, Chad and Scott talk about entitlement and the different ways to prevent the behavior in children. Mentioned in this episode gravystack.com/smart gravystack.com/igniter smartmoneyparenting.com smartmoneyparenting.com/followus Smart, Not Spoiled: The 7 Money Skills Kids Must Master Before Leaving the Nest by Chad Willardson Value Creation Kid: The Healthy Struggles Your Children Need to Succeed by Scott Donnell and Lee Benson Scott Donnell on LinkedIn - linkedin.com/in/donnell-scott Chad Willardson on LinkedIn - linkedin.com/in/chadwillardson Scott Donnell on Instagram - @imscottdonnell Chad Willardson on Instagram - @chad.willardson Scott Donnell on TikTok - @imscottdonnell
11/27/2023 • 18 minutes, 51 seconds
Gratitude
In this Thanksgiving episode of the Smart Money Parenting Show, hosts Chad and Scott discuss the power of gratitude and the importance of appreciating what we have. They share their favorite Thanksgiving foods and traditions, including mashed potatoes, pumpkin pie, stuffing, and playing football with friends. The hosts also reminisce about past Thanksgiving mishaps, such as injuries from turkey bowl games. Tune in for a lighthearted and grateful conversation about the holiday season. Overestimate what can be done in a year. Underestimate what can be done in 10 years. Gratitude increases happiness. Gratitude reduces frustration and anger. Gratitude fosters generosity. Mentioned in this episode gravystack.com/smart gravystack.com/igniter smartmoneyparenting.com smartmoneyparenting.com/followus Smart, Not Spoiled: The 7 Money Skills Kids Must Master Before Leaving the Nest by Chad Willardson Value Creation Kid: The Healthy Struggles Your Children Need to Succeed by Scott Donnell and Lee Benson Scott Donnell on LinkedIn - linkedin.com/in/donnell-scott Chad Willardson on LinkedIn - linkedin.com/in/chadwillardson Scott Donnell on Instagram - @imscottdonnell Chad Willardson on Instagram - @chad.willardson Scott Donnell on TikTok - @imscottdonnell
11/23/2023 • 19 minutes, 4 seconds
Dads Need Other Dads
In this episode of Smart Money Parenting, Chad and Scott discuss their recent transformative experience at a men's event in the mountains of Colorado. They emphasize the importance of dads supporting each other and debunk the traditional idea that men should suppress their emotions. They explore the ways spouses can support the dads and men in their lives. Tune in for powerful insights and breakthroughs for fathers and leaders. Protect and provide for your family Be vulnerable and seek help Importance of having a support system The impact of isolation on mental health The power of vulnerability in fatherhood Mentioned in this episode gravystack.com/smart gravystack.com/igniter smartmoneyparenting.com smartmoneyparenting.com/followus Smart, Not Spoiled: The 7 Money Skills Kids Must Master Before Leaving the Nest by Chad Willardson Value Creation Kid: The Healthy Struggles Your Children Need to Succeed by Scott Donnell and Lee Benson Scott Donnell on LinkedIn - linkedin.com/in/donnell-scott Chad Willardson on LinkedIn - linkedin.com/in/chadwillardson Scott Donnell on Instagram - @imscottdonnell Chad Willardson on Instagram - @chad.willardson Scott Donnell on TikTok - @imscottdonnell
11/18/2023 • 20 minutes, 59 seconds
Transform Your Childhood Trauma with Money
In this episode of the Smart Money Parenting Show, Chad and Scott dive deep into the topic of childhood trauma around money. They discuss how understanding the atmospheric conditions in someone's life can help us understand the decisions they make. The hosts emphasize the importance of transforming childhood trauma and preventing it from happening in our own families. While they acknowledge that they are not licensed counselors, they offer resources for those who may need professional help. Listeners are encouraged to listen to this impactful episode multiple times. Childhood trauma around money Impact on decisions and behaviors Importance of discussing money as a family Identifying and addressing money mindsets Transforming trauma into positive change Mentioned in this episode gravystack.com/smart gravystack.com/igniter smartmoneyparenting.com smartmoneyparenting.com/followus Smart, Not Spoiled: The 7 Money Skills Kids Must Master Before Leaving the Nest by Chad Willardson Value Creation Kid: The Healthy Struggles Your Children Need to Succeed by Scott Donnell and Lee Benson Scott Donnell on LinkedIn - linkedin.com/in/donnell-scott Chad Willardson on LinkedIn - linkedin.com/in/chadwillardson Scott Donnell on Instagram - @imscottdonnell Chad Willardson on Instagram - @chad.willardson Scott Donnell on TikTok - @imscottdonnell
11/11/2023 • 17 minutes, 44 seconds
Sell Me This Pen
In this episode of Smart Money Parenting, Scott and Chad discuss the importance of focusing on the needs and desires of clients rather than getting caught up in the details of how a product or service works. Using the analogy of selling a Tylenol pill, Chad emphasizes that people don't care about the intricacies of a solution; they only care about the end result it provides. They urge parents to teach their kids the lesson of framing their actions and decisions in simple terms to meet the needs of others rather than getting caught up in unnecessary details. Solving problems and helping others is the key drive. Selling is about understanding what customers want and need. Teaching kids to be unselfish and self-aware. Focus on the benefits and the dream, not just the features. Help people solve their pain points and make their headaches disappear. Mentioned in this episode gravystack.com/smart gravystack.com/igniter smartmoneyparenting.com smartmoneyparenting.com/followus Smart, Not Spoiled: The 7 Money Skills Kids Must Master Before Leaving the Nest by Chad Willardson Value Creation Kid: The Healthy Struggles Your Children Need to Succeed by Scott Donnell and Lee Benson Scott Donnell on LinkedIn - linkedin.com/in/donnell-scott Chad Willardson on LinkedIn - linkedin.com/in/chadwillardson Scott Donnell on Instagram - @imscottdonnell Chad Willardson on Instagram - @chad.willardson Scott Donnell on TikTok - @imscottdonnell
11/7/2023 • 15 minutes, 38 seconds
Who’s Influencing Your Kids Besides You
In this episode of the Smart Money Parenting Show, Chad and Scott discuss the importance of being aware of who is influencing your kids. They emphasize the value of having a strong inner circle and how it can impact your children's lives. They explore the role of friends and peers in shaping your child's goals, interests, and mindset. The hosts also touch on the financial aspect and how factors like zip code and school can play a role in your child's financial future. Tune in to gain insights on how to build a positive and influential inner circle for your kids. Importance of inner circle for kids Influence of peers and trusted adults Choosing influential people for inner circle Being aware of who is influencing kids online Building intentional dinner table conversations Mentioned in this episode gravystack.com/smart gravystack.com/igniter smartmoneyparenting.com smartmoneyparenting.com/followus Smart, Not Spoiled: The 7 Money Skills Kids Must Master Before Leaving the Nest by Chad Willardson Value Creation Kid: The Healthy Struggles Your Children Need to Succeed by Scott Donnell and Lee Benson Scott Donnell on LinkedIn - linkedin.com/in/donnell-scott Chad Willardson on LinkedIn - linkedin.com/in/chadwillardson Scott Donnell on Instagram - @imscottdonnell Chad Willardson on Instagram - @chad.willardson Scott Donnell on TikTok - @imscottdonnell
11/4/2023 • 18 minutes, 20 seconds
Parents, Calm Down in the Bleachers
In this episode of Smart Money Parenting, Chad and Scott discuss the importance of attitude and effort in sports. They share their experiences as parents of kids involved in various sports and how they strive to raise financially competent, emotionally intelligent, and emotionally strong children. The main topic of the episode is emotional regulation in sports, specifically addressing parents' behavior in the bleachers. Chad shares his personal experience of attending over a thousand youth sports games and emphasizes the need for parents to remain calm and composed during these events. Sports and emotional regulation Calming down in the bleachers Importance of attitude and effort in sports Negative impact of overly competitive parents Teaching kids character and emotional intelligence through sports Mentioned in this episode gravystack.com/smart gravystack.com/igniter smartmoneyparenting.com smartmoneyparenting.com/followus Smart, Not Spoiled: The 7 Money Skills Kids Must Master Before Leaving the Nest by Chad Willardson Value Creation Kid: The Healthy Struggles Your Children Need to Succeed by Scott Donnell and Lee Benson Scott Donnell on LinkedIn - linkedin.com/in/donnell-scott Chad Willardson on LinkedIn - linkedin.com/in/chadwillardson Scott Donnell on Instagram - @imscottdonnell Chad Willardson on Instagram - @chad.willardson Scott Donnell on TikTok - @imscottdonnell
11/1/2023 • 19 minutes, 13 seconds
Mental Health Matters
In this episode of Smart Money Parenting, Scott Donnell and Chad Williamson discuss the importance of mental health for young people. They address alarming statistics that show the prevalence of mental health challenges among children and teenagers, such as depression and thoughts of self-harm. The hosts emphasize the need for parents to take these issues seriously and to actively work towards preventing them. With their combined nine children, Scott and Chad share their personal concern for their own families and the desire to ensure their children's well-being. Mental health matters, and this episode aims to raise awareness and promote sensitivity towards this critical topic. Mental health challenges for young people are increasing. Cyberbullying and online comments can be harmful. Parents need to have open conversations about mental health with their kids. Physical health and serving others can improve mental health. The GravyStack app is a helpful tool for families. Mentioned in this episode gravystack.com/smart gravystack.com/igniter smartmoneyparenting.com smartmoneyparenting.com/followus Smart, Not Spoiled: The 7 Money Skills Kids Must Master Before Leaving the Nest by Chad Willardson Value Creation Kid: The Healthy Struggles Your Children Need to Succeed by Scott Donnell and Lee Benson Scott Donnell on LinkedIn - linkedin.com/in/donnell-scott Chad Willardson on LinkedIn - linkedin.com/in/chadwillardson Scott Donnell on Instagram - @imscottdonnell Chad Willardson on Instagram - @chad.willardson Scott Donnell on TikTok - @imscottdonnell
10/28/2023 • 19 minutes, 1 second
Family Fitness
In this episode of Smart Money Parenting, Chad and Scott discuss the importance of family fitness and how to help kids stay healthy in a world dominated by screens. They highlight the increased screen time children have today and the impact it can have on their physical well-being. They emphasize the need for kids to get outside and engage in physical activities to support their overall development. Tune in for valuable insights on modeling healthy habits as a family. Importance of modeling fitness for kids Impact of sedentary lifestyle on children's health Connection between health habits and wealth habits The compound effect of healthy habits over time The benefits of physical activity for family bonding and communication Mentioned in this episode gravystack.com/smart gravystack.com/igniter smartmoneyparenting.com smartmoneyparenting.com/followus Smart, Not Spoiled: The 7 Money Skills Kids Must Master Before Leaving the Nest by Chad Willardson Value Creation Kid: The Healthy Struggles Your Children Need to Succeed by Scott Donnell and Lee Benson Scott Donnell on LinkedIn - linkedin.com/in/donnell-scott Chad Willardson on LinkedIn - linkedin.com/in/chadwillardson Scott Donnell on Instagram - @imscottdonnell Chad Willardson on Instagram - @chad.willardson Scott Donnell on TikTok - @imscottdonnell
10/25/2023 • 17 minutes, 10 seconds
Teach Your Kids to Earn Money While They Brush Their Teeth
In this episode of Smart Money Parenting, Chad and Scott discuss the importance of teaching kids about passive income and revenue streams. They emphasize the need for multiple sources of income and the risks of relying on just one. The hosts introduce the idea of teaching children to earn money while brushing their teeth, a simple and practical way to introduce them to the concept of passive income. They explain the benefits of passive income and revenue streams and how it can provide financial security in uncertain times. This episode offers valuable insights for parents looking to teach their kids about financial independence. Teaching kids about passive income and revenue streams Importance of having multiple sources of income Investing in stocks, real estate, and other opportunities Planting seeds for long-term financial success Promoting an abundance mindset for financial growth Mentioned in this episode gravystack.com/smart gravystack.com/igniter smartmoneyparenting.com smartmoneyparenting.com/followus Smart, Not Spoiled: The 7 Money Skills Kids Must Master Before Leaving the Nest by Chad Willardson Value Creation Kid: The Healthy Struggles Your Children Need to Succeed by Scott Donnell and Lee Benson Scott Donnell on LinkedIn - linkedin.com/in/donnell-scott Chad Willardson on LinkedIn - linkedin.com/in/chadwillardson Scott Donnell on Instagram - @imscottdonnell Chad Willardson on Instagram - @chad.willardson Scott Donnell on TikTok - @imscottdonnell
10/22/2023 • 12 minutes, 33 seconds
Use Food to Teach Kids About Money
In this episode of Smart Money Parenting, Scott and Chad discuss how food can be a great tool for teaching children about money. They share practical ways to incorporate money lessons into everyday activities like cooking and grocery shopping. They also highlight the concept of the "dad tax" as a fun way to teach kids about expenses. Tune in to discover how to use food to teach your children important financial principles. Teaching kids cooking skills and budgeting at the grocery store Using food to teach kids about the price of food and money The dad tax as a way to teach kids about taxes Using the Gravy Stack app to teach kids about coupons and saving on groceries The dinner budget challenge to teach kids about budgeting and cooking at home Mentioned in this episode gravystack.com/smart gravystack.com/igniter smartmoneyparenting.com smartmoneyparenting.com/followus Smart, Not Spoiled: The 7 Money Skills Kids Must Master Before Leaving the Nest by Chad Willardson Value Creation Kid: The Healthy Struggles Your Children Need to Succeed by Scott Donnell and Lee Benson Scott Donnell on LinkedIn - linkedin.com/in/donnell-scott Chad Willardson on LinkedIn - linkedin.com/in/chadwillardson Scott Donnell on Instagram - @imscottdonnell Chad Willardson on Instagram - @chad.willardson Scott Donnell on TikTok - @imscottdonnell
10/19/2023 • 16 minutes, 42 seconds
We Broke A Guinness World Record
In this episode of Chad and Scott are excited to announce their upcoming event where they plan to break a world record for the most kids learning about financial literacy on a live stream. They share details about the event, including the date and how listeners can join their Facebook group to access the recordings. They express their excitement about the event and their hopes to bring in even more influential names. Listeners are encouraged to take action and start learning about financial literacy today. World record event for most kids learning financial literacy Goal setting and preparing for the future Setting goals and working backwards Vision boarding and I am statements Overcoming obstacles for success Measurable and attainable goals Mentioned in this episode gravystack.com/smart gravystack.com/igniter smartmoneyparenting.com smartmoneyparenting.com/followus Smart, Not Spoiled: The 7 Money Skills Kids Must Master Before Leaving the Nest by Chad Willardson Value Creation Kid: The Healthy Struggles Your Children Need to Succeed by Scott Donnell and Lee Benson Scott Donnell on LinkedIn - linkedin.com/in/donnell-scott Chad Willardson on LinkedIn - linkedin.com/in/chadwillardson Scott Donnell on Instagram - @imscottdonnell Chad Willardson on Instagram - @chad.willardson Scott Donnell on TikTok - @imscottdonnell
10/16/2023 • 21 minutes, 12 seconds
The Right Back to School Attitudes
In this episode of Smart Money Parenting, Scott and Chad discuss the right attitudes for heading back to school. They share their own experiences and offer insights on how parents can set their kids up for success. They emphasize the importance of having a positive mindset and making a good first impression. Tune in to learn more about fostering a healthy back-to-school attitude. Importance of bringing your best self to school Shifting mindset from self-centered to value creation Focusing on adding value to others and serving as a friend The impact of positive energy and attitude on success Encouraging kids to think about how they can help and serve others Mentioned in this episode gravystack.com/smart gravystack.com/igniter smartmoneyparenting.com smartmoneyparenting.com/followus Smart, Not Spoiled: The 7 Money Skills Kids Must Master Before Leaving the Nest by Chad Willardson Value Creation Kid: The Healthy Struggles Your Children Need to Succeed by Scott Donnell and Lee Benson Scott Donnell on LinkedIn - linkedin.com/in/donnell-scott Chad Willardson on LinkedIn - linkedin.com/in/chadwillardson Scott Donnell on Instagram - @imscottdonnell Chad Willardson on Instagram - @chad.willardson Scott Donnell on TikTok - @imscottdonnell
10/13/2023 • 19 minutes, 9 seconds
Power of Words
In this episode, Chad and Scott discuss the power of words and how they can impact our lives. They emphasize the importance of using positive and empowering language, especially when it comes to parenting. They highlight the phrases "I am" and "I can" and the impact they have on our mindset and actions. By avoiding negative words and replacing them with more empowering phrases, parents can help their children develop a positive relationship with money and success. The hosts also share advice on how to ensure that the words we use encourage and uplift our children, ultimately propelling them towards success. Importance of using empowering words with children The impact of words on mindset and behavior Reframing negative stories and narratives Teaching gratitude and the power of positive language The significance of staying calm and composed during conflicts with children Mentioned in this episode gravystack.com/smart gravystack.com/igniter smartmoneyparenting.com smartmoneyparenting.com/followus Smart, Not Spoiled: The 7 Money Skills Kids Must Master Before Leaving the Nest by Chad Willardson Value Creation Kid: The Healthy Struggles Your Children Need to Succeed by Scott Donnell and Lee Benson Scott Donnell on LinkedIn - linkedin.com/in/donnell-scott Chad Willardson on LinkedIn - linkedin.com/in/chadwillardson Scott Donnell on Instagram - @imscottdonnell Chad Willardson on Instagram - @chad.willardson Scott Donnell on TikTok - @imscottdonnell
10/10/2023 • 15 minutes, 16 seconds
Is the Story of Your Money Ruining Your Kids
In this episode g, Chad and Scott delve into the topic of how the story we tell our kids about money can have lasting effects on their financial mindset. They emphasize the importance of recognizing the influence our own childhood experiences have on our attitudes towards money and how we unknowingly pass them on to our children. They discuss the potential negative impacts, such as entitlement, anxiety, and trauma, that can result from not being aware of the stories we are telling about money. By understanding the power of the narratives we create, we can avoid driving our kids over the potholes of financial missteps and instead foster a healthy and empowered relationship with money for future generations. The story you tell your kids about money will stay for generations. The story of your money can ruin your kids. The story of money can create high stress and anxiety. Money should be viewed as a tool, not the end-all be-all. Parents should have conversations about their own childhood stories and how they want to shape the story of money for their kids. Mentioned in this episode gravystack.com/smart gravystack.com/igniter smartmoneyparenting.com smartmoneyparenting.com/followus Smart, Not Spoiled: The 7 Money Skills Kids Must Master Before Leaving the Nest by Chad Willardson Value Creation Kid: The Healthy Struggles Your Children Need to Succeed by Scott Donnell and Lee Benson Scott Donnell on LinkedIn - linkedin.com/in/donnell-scott Chad Willardson on LinkedIn - linkedin.com/in/chadwillardson Scott Donnell on Instagram - @imscottdonnell Chad Willardson on Instagram - @chad.willardson Scott Donnell on TikTok - @imscottdonnell
10/7/2023 • 13 minutes, 53 seconds
Don't Work For Money - Make Your Money Work For You
In this episode of Smart Money Parenting, Scott and Chad discuss the importance of having your money work for you rather than working for your money. They emphasize the distinction between assets and liabilities, with assets being defined as something that generates income. They provide insights on how to escape the job trap and share practical tips for getting your money to work for you. Tune in to learn how to raise amazing kids while achieving financial freedom. The difference between assets and liabilities. Assets are defined as things that pay you money, while liabilities are things that cost you money. Focus on buying and investing in assets. Financial freedom is achieved by having your money work for you Teach children about setting goals to accumulate assets for financial security. Mentioned in this episode gravystack.com/smart gravystack.com/igniter smartmoneyparenting.com smartmoneyparenting.com/followus Smart, Not Spoiled: The 7 Money Skills Kids Must Master Before Leaving the Nest by Chad Willardson Value Creation Kid: The Healthy Struggles Your Children Need to Succeed by Scott Donnell and Lee Benson Scott Donnell on LinkedIn - linkedin.com/in/donnell-scott Chad Willardson on LinkedIn - linkedin.com/in/chadwillardson Scott Donnell on Instagram - @imscottdonnell Chad Willardson on Instagram - @chad.willardson Scott Donnell on TikTok - @imscottdonnell
10/4/2023 • 17 minutes, 28 seconds
The Parenting Superpower: from Me to We
In this episode of Smart Money Parenting, Scott Donnell and Chad Willardson discuss the challenges and transitions that come with becoming a parent. They acknowledge the immense responsibility and hard work that parents carry, comparing them to superheroes. From the simple act of going to the beach to planning a short getaway, they highlight the shift from a life of "me" to a life of "we" when you have kids. They emphasize the importance of changing your perspective and adapting to prioritize the needs of your children. Importance of instilling positive beliefs in children The power of words in shaping a child's identity Examples of how positive reinforcement can lead to positive changes in behavior The impact of negative comments on a child's self-perception The role of parents and adult figures in providing a sense of identity and belief in children Mentioned in this episode gravystack.com/smart gravystack.com/igniter smartmoneyparenting.com smartmoneyparenting.com/followus Smart, Not Spoiled: The 7 Money Skills Kids Must Master Before Leaving the Nest by Chad Willardson Value Creation Kid: The Healthy Struggles Your Children Need to Succeed by Scott Donnell and Lee Benson Scott Donnell on LinkedIn - linkedin.com/in/donnell-scott Chad Willardson on LinkedIn - linkedin.com/in/chadwillardson Scott Donnell on Instagram - @imscottdonnell Chad Willardson on Instagram - @chad.willardson Scott Donnell on TikTok - @imscottdonnell
9/27/2023 • 16 minutes, 24 seconds
Make Your Family Your Most Important Business
In this episode of the Smart Money Parenting Show, hosts Chad Willardson and Scott Donald discuss the importance of prioritizing family as your number one business. They emphasize how parents who are successful in their careers should also prioritize their role as parents and create a strong foundation for their family. By investing time and energy into their family, parents can create a positive and nurturing environment for their children. The hosts highlight the limited window of time parents have to influence and bond with their kids, and provide tips on how to be present and engaged in their children's lives. Ultimately, they stress the importance of building a strong family unit that supports and uplifts one another. The most important business is the one you come home to at the end of the day. Prioritize your family and make them the focus of your calendar and energy. Treat your family like a business, with meetings, plans, and goals. Success in your family will lead to success in other areas of your life. Make the most of the time you have with your children before they turn 18. Mentioned in this episode gravystack.com/smart gravystack.com/igniter smartmoneyparenting.com smartmoneyparenting.com/followus Smart, Not Spoiled: The 7 Money Skills Kids Must Master Before Leaving the Nest by Chad Willardson Value Creation Kid: The Healthy Struggles Your Children Need to Succeed by Scott Donnell and Lee Benson Scott Donnell on LinkedIn - linkedin.com/in/donnell-scott Chad Willardson on LinkedIn - linkedin.com/in/chadwillardson Scott Donnell on Instagram - @imscottdonnell Chad Willardson on Instagram - @chad.willardson Scott Donnell on TikTok - @imscottdonnell
9/24/2023 • 15 minutes, 2 seconds
Your Kids Will Believe What You Say About Them
In this episode of Smart Money Parenting, Scott and Chad discuss the importance of instilling the right beliefs and mindsets in children. They emphasize that children will believe what their parents say about them, and share personal stories to illustrate this point. They highlight the need for parents to encourage their children's gifts and make them feel supported. Tune in to learn more about shaping your child's beliefs for success. Importance of instilling positive beliefs in children The power of words in shaping a child's identity Examples of how positive reinforcement can lead to positive changes in behavior The impact of negative comments on a child's self-perception The role of parents and adult figures in providing a sense of identity and belief in children Mentioned in this episode gravystack.com/smart gravystack.com/igniter smartmoneyparenting.com smartmoneyparenting.com/followus Smart, Not Spoiled: The 7 Money Skills Kids Must Master Before Leaving the Nest by Chad Willardson Value Creation Kid: The Healthy Struggles Your Children Need to Succeed by Scott Donnell and Lee Benson Scott Donnell on LinkedIn - linkedin.com/in/donnell-scott Chad Willardson on LinkedIn - linkedin.com/in/chadwillardson Scott Donnell on Instagram - @imscottdonnell Chad Willardson on Instagram - @chad.willardson Scott Donnell on TikTok - @imscottdonnell
9/21/2023 • 15 minutes, 56 seconds
Parent Bootcamp For Kids
In this episode of Smart Money Parenting, Scott and Chad discuss the importance of training and discipline in raising children. They emphasize that discipline is a result of a lack of training and introduce the concept of "boot camps" for children. The hosts share their own experiences and how they have implemented boot camps in their families. Listeners are encouraged to review, share, and spread the word about the podcast to support the mission of empowering families. The podcast episode discusses the concept of boot camps as a way to teach discipline and training to children. The hosts emphasize that all discipline issues in a family can be attributed to a lack of training. They provide a list of boot camps for different age groups, ranging from zero to five years old, six to nine years old, and 10 to 13 years old. The boot camps cover various skills and values, such as proper behavior in public, household chores, time management, mental toughness, and financial responsibility. The hosts highlight the importance of teaching children practical skills and fostering a love for learning outside of school. Mentioned in this episode gravystack.com/smart gravystack.com/igniter smartmoneyparenting.com smartmoneyparenting.com/followus Smart, Not Spoiled: The 7 Money Skills Kids Must Master Before Leaving the Nest by Chad Willardson Value Creation Kid: The Healthy Struggles Your Children Need to Succeed by Scott Donnell and Lee Benson Scott Donnell on LinkedIn - linkedin.com/in/donnell-scott Chad Willardson on LinkedIn - linkedin.com/in/chadwillardson Scott Donnell on Instagram - @imscottdonnell Chad Willardson on Instagram - @chad.willardson Scott Donnell on TikTok - @imscottdonnell amazon.com Value Creation Kid: The Healthy Struggles Your Children Need to Succeed Value Creation Kid: The Healthy Struggles Your Children Need to Succeed (70 kB) https://www.amazon.com/gp/aw/d/1636801463/ref=tmm_pap_swatch_0?ie=UTF8&qid=&sr= Reply… Also send as direct message 2Add a Topic Leave
9/18/2023 • 21 minutes, 37 seconds
Master Money Without Loosing Identity
In this episode of Smart Money Parenting, the hosts discuss how to master money without losing your identity. They are joined by Financial Expert and Writer of "Investing is your Super Power" ; Empowered Planning, Shinobu Hindert, who shares her insights and expertise on the topic. The conversation explores the importance of not tying money to one's identity and focusing on underlying values. They also discuss the hurdles that parents face in managing their own finances and teaching their kids about money. This episode offers valuable advice and guidance for parents seeking to navigate the world of personal finance. Biggest hurdles for parents in managing finances: lack of time and decision fatigue Advice for parents who are intimidated by personal finance: start with the basics, be transparent about current financial situation, and set future goals Importance of automating financial decisions and creating a roadmap for financial planning Teaching kids about money: explaining the impact of money in everyday life, encouraging open conversations about money, and answering their questions Success story of a client who gained confidence and paid off debt through empowered planning Importance of understanding one's money story and money mindset Having conversations with spouses about money: understanding each other's values and financial priorities, avoiding conflict, and finding common ground Removing identity from money and focusing on underlying values and goals Mentioned in this episode https://www.empoweredplanning.com/ gravystack.com/smart gravystack.com/igniter smartmoneyparenting.com smartmoneyparenting.com/followus Smart, Not Spoiled: The 7 Money Skills Kids Must Master Before Leaving the Nest by Chad Willardson Value Creation Kid: The Healthy Struggles Your Children Need to Succeed by Scott Donnell and Lee Benson Shinobu Hindert on LinkedIn: https://www.linkedin.com/in/shinobu-hindert Scott Donnell on LinkedIn - linkedin.com/in/donnell-scott Chad Willardson on LinkedIn - linkedin.com/in/chadwillardson Scott Donnell on Instagram - @imscottdonnell Chad Willardson on Instagram - @chad.willardson Scott Donnell on TikTok - @imscottdonnell
9/11/2023 • 27 minutes, 33 seconds
Dad-Pod
In this episode of Smart Money Parenting, Scott and Chad invite their dads to share their experiences on parenting. They discuss the importance of taking time to teach children about practical life skills, such as money management. They emphasize the need to show kids the real world and help them understand actions, reactions, and financial responsibilities. The dads reflect on their own parenting journey, both the successes and mistakes that shaped their children's lives. Tune in to hear their valuable insights on raising financially responsible kids. Importance of taking time to teach and show children values and practical skills Emphasizing the importance of accountability and living within means Teaching children about the real world and the ebb and flow of actions, reactions, money, and spending Reflecting on the simplicity of practical lessons in financial management Introducing the guests, Chad's dad and Scott's dad, for a discussion on their parenting experiences Sharing background information on the guests, including their careers, marriages, and children Discussing the concept of bringing parents to work and the fun of having them as guests on the podcast Highlighting the importance of learning from parents' successes and mistakes in order to understand how they got to where they are today Sharing personal stories and experiences from the guests' parenting journeys Discussing the price of gas and houses when the guests were newlyweds Reflecting on the challenges and uncertainties of the late 70s and how it compares to the current times Emphasizing the importance of a strong work ethic and the value of education Discussing the lessons of integrity and the importance of family history and legacy Sharing personal stories and examples of lessons taught to children, such as saving for college and the value of generosity Reflecting on the resilience and strength gained from going through difficult times as a family Discussing the importance of time spent with children, regardless of quantity or quality, and the impact it can have on their lives Offering advice to younger parents, including taking time to teach and show children what is important, being accountable, and living within means Mentioned in this episode gravystack.com/smart gravystack.com/igniter smartmoneyparenting.com smartmoneyparenting.com/followus Smart, Not Spoiled: The 7 Money Skills Kids Must Master Before Leaving the Nest by Chad Willardson Value Creation Kid: The Healthy Struggles Your Children Need to Succeed by Scott Donnell and Lee Benson Scott Donnell on LinkedIn - linkedin.com/in/donnell-scott Chad Willardson on LinkedIn - linkedin.com/in/chadwillardson Scott Donnell on Instagram - @imscottdonnell Chad Willardson on Instagram - @chad.willardson Scott Donnell on TikTok - @imscottdonnell
9/11/2023 • 47 minutes
Setting Goals for Success: Inspiring Kids to Reach Their Full Potential
In this podcast episode, the Scott & Chad discuss their mission of financial education and success building in young people. They talk about the overwhelming response they receive from people who want to get involved and help. They also mention their upcoming event where they plan to break a world record for the most kids learning about financial literacy live on a livestream. They then shift the conversation to the importance of setting goals for kids and how it can help them think about something bigger than themselves. They mention a book called "Be Your Future Self Now" that inspired discussions with their own teenagers about setting goals and becoming the person they want to be in the future. Bullet Point Break Down; Breaking a world record for the most kids in history participating in a live stream to learn financial literacy skills. Mention of notable guests and influencers participating in the event. Discussion on the importance of setting goals and thinking about a future version of oneself that matters enough to take action today. Reference to the book "Be Your Future Self Now" by Dr. Benjamin Hardy and its impact on teenagers. Explanation of the MAP (Motivation Ability Prompt) system for taking action on goals. Examples of using the MAP system for flossing teeth and doing push-ups. Importance of setting up prompts and reminders to support goal achievement. Mention of the "Start Your Day" habit and the concept of working backwards to set goals. Introduction to the concept of a strategy circle for kids and families to overcome obstacles and reach goals. Encouragement to make goals simple, measurable, and attainable. How to Keep your Kids Accountable; Emphasize the importance of setting goals that are simple, measurable, and attainable. Discuss the concept of SMART goals (Specific, Measurable, Achievable, Relevant, Time-bound). Encourage kids to think about their future selves and what they want to achieve. Teach kids to work backwards from their desired outcome and set smaller, actionable goals. Introduce the idea of creating vision boards or I am statements to visualize and reinforce goals. Use prompts and reminders to help kids stay motivated and accountable. Encourage kids to identify and overcome obstacles that may hinder their progress. Discuss the concept of perseverance and the importance of taking action towards goals. Highlight the benefits of having an accountability partner or support system. Encourage kids to celebrate milestones and successes along the way. Mentioned in This Episode: Elevate Experience 2023 Empower Over 15,000 Kids in a record Breaking Financial Literacy Event https://www.elevate.kids gravystack.com/smart gravystack.com/igniter smartmoneyparenting.com smartmoneyparenting.com/followus Smart, Not Spoiled: The 7 Money Skills Kids Must Master Before Leaving the Nest by Chad Willardson Value Creation Kid: The Healthy Struggles Your Children Need to Succeed by Scott Donnell and Lee Benson Scott Donnell on LinkedIn - linkedin.com/in/donnell-scott Chad Willardson on LinkedIn - linkedin.com/in/chadwillardson Scott Donnell on Instagram - @imscottdonnell Chad Willardson on Instagram - @chad.willardson Scott Donnell on TikTok - @imscottdonnell
8/29/2023 • 16 minutes, 43 seconds
The Right Back to School Attitudes
In this episode, both Scott Donnell and Chad Willardson discuss the right mindset for back-to-school season. They emphasize the importance of bringing one's best self, making a good first impression, and approaching challenges as opportunities for personal growth. The hosts also share advice on how parents can support their children in developing a positive attitude towards school. Encourage your child to embrace new opportunities and make new friends. Shift their mindset from focusing on being with their best friends to creating value for their classmates. Teach them to think about how they can serve and add value to others in the classroom. Emphasize the importance of bringing their best self and making a positive first impression. Help them develop a mindset of growth, positive energy, and serving others. Focus on the value they add to others' lives rather than just their own achievements. Prepare them to be a powerful force in the world by instilling traits of success and leadership. Mentioned in This Episode: gravystack.com/smart gravystack.com/igniter smartmoneyparenting.com smartmoneyparenting.com/followus Smart, Not Spoiled: The 7 Money Skills Kids Must Master Before Leaving the Nest by Chad Willardson Value Creation Kid: The Healthy Struggles Your Children Need to Succeed by Scott Donnell and Lee Benson Scott Donnell on LinkedIn - linkedin.com/in/donnell-scott Chad Willardson on LinkedIn - linkedin.com/in/chadwillardson Scott Donnell on Instagram - @imscottdonnell Chad Willardson on Instagram - @chad.willardson Scott Donnell on TikTok - @imscottdonnell
8/21/2023 • 19 minutes, 9 seconds
Stop doing things for your kids, just do things with them
Stop doing things for your kids, just do things with them The Importance of Quality Time with Your Kids Making Memories with Your Children Prioritizing Family Time over Work Parenting with Peace of Mind Doing Things Together: The Key to Strong Parent-Child Relationships Parenting Beyond Providing: The Power of Shared Experiences Creating Lasting Bonds with Your Kids The Value of Presence in Parenting Building Connections through Shared Activities Making Every Moment Count with Your Children In this episode of Smart Money Parenting, Scott Donnell & Chad Willardson discuss the importance of focusing on doing things with your kids rather than just for them. They emphasize that while parents often work hard to provide for their children, what truly matters is the quality time spent together. By prioritizing activities and experiences with their kids, parents can find peace of mind and strengthen their relationships. Tune in for practical tips and advice on how to make the most of your time with your children. "When I look back, I don't remember a lot of things that my parents even really taught me, but I do remember the times we were together." Mentioned in This Episode: gravystack.com/smart gravystack.com/igniter smartmoneyparenting.com smartmoneyparenting.com/followus Smart, Not Spoiled: The 7 Money Skills Kids Must Master Before Leaving the Nest by Chad Willardson Value Creation Kid: The Healthy Struggles Your Children Need to Succeed by Scott Donnell and Lee Benson Scott Donnell on LinkedIn - linkedin.com/in/donnell-scott Chad Willardson on LinkedIn - linkedin.com/in/chadwillardson Scott Donnell on Instagram - @imscottdonnell Chad Willardson on Instagram - @chad.willardson Scott Donnell on TikTok - @imscottdonnell
8/15/2023 • 16 minutes, 46 seconds
Stop Asking Your Kids What They Want To Be When They Grow Up
What do you want to be when you grow up? In this episode, Scott Donnell and Chad Willardson discuss why this is one of the most destructive questions parents can ask their kids. They also reveal how the question puts undue pressure on children as well as better ways to understand your kid's interests and passions. Scott starts the conversation by describing why you should stop asking your kids what they want to be when they grow up. When you ask your kids what they want to be when they grow up, their answers are often based on pleasing you. Scott describes how kids went from wanting to be doctors, firemen, and astronauts to social media influencers and YouTube content creators. Scott and Chad describe how parents can have conversations with their kids about goals, dreams, and aspirations. If someone is doing what they love while solving a need in the world, that's the perfect career. According to Scott, 50% of all jobs today did not exist 15 years ago. That's why we must focus on skill sets and unique abilities that could go into a hundred different jobs. Help your kids understand there's flexibility. People change careers and change industries all the time, and that's okay. Chad explains why it's never a good idea to pigeonhole your kids and force them to follow your career path. For Scott, the type of career your kid will have is based on their current interests and passions. Scott explains how your kid's unique abilities are the keys to a happy, satisfying life full of wealth, knowledge, clarity, and confidence. Chad and Scott discuss the best ways to talk to your kids about their future careers. Mentioned in This Episode: gravystack.com/smart gravystack.com/igniter smartmoneyparenting.com smartmoneyparenting.com/followus Smart, Not Spoiled: The 7 Money Skills Kids Must Master Before Leaving the Nest by Chad Willardson Value Creation Kid: The Healthy Struggles Your Children Need to Succeed by Scott Donnell and Lee Benson Scott Donnell on LinkedIn - linkedin.com/in/donnell-scott Chad Willardson on LinkedIn - linkedin.com/in/chadwillardson Scott Donnell on Instagram - @imscottdonnell Chad Willardson on Instagram - @chad.willardson Scott Donnell on TikTok - @imscottdonnell