The episode of 'Smart Money Parenting' podcast features hosts discussing about innovative ways to help kids make money and understand the value of it. They stress the importance of teaching kids to charge for results rather than time and effort. Some of the activities mentioned include lawn mowing, car and pool washing, snow shoveling, grocery shopping for others, tutoring, sports coaching, and technology assistance. They also touched upon the concept of kids developing skills in entrepreneurship and creating their own small businesses. The hosts also reference 'Gravy Stack', a tool designed to help children learn to earn.

00:00 Introduction to Smart Money Parenting

00:03 The Concept of Making Money with Your Kids

01:51 The Importance of Charging for Results, Not Time

03:01 Real-Life Example: The Lawn Mowing Business

05:31 Brainstorming Other Business Ideas for Kids

13:58 The Power of Challenges and Learning by Earning

15:18 Conclusion and Invitation to Join DinnerTable.com

Additional Links

Want to take your family and your finances to the next level? Schedule a call with Dinner Table today.

https://scott.dinnertable.com/book

Download the Gravy Stack App for FREE (iOS)

https://apps.apple.com/us/app/gravystack-gamified-banking/id1635188175

Download the Gravy Stack App for FREE (Google Play)

https://play.google.com/store/apps/details?id=com.gravystack.gravystack&hl=en_US&gl=US

Chad’s Best Seller Book:

⁠Smart, Not Spoiled: The 7 Money Skills Kids Must Master Before Leaving the Nest⁠

Scott’s Best Seller Book

⁠Value Creation Kid: The Healthy Struggles Your Children Need to Succeed⁠

Socials

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