Season 4, Episode 5: The 4% Rule: The #1 Money Lesson Every Parent Should Teach Their Kids

Season 4, Episode 5: The 4% Rule: The #1 Money Lesson Every Parent Should Teach Their Kids

Want to set your kids up for financial success?   In this video, we break down the 4% Rule—a simple retirement strategy that teaches kids how much they need to save for a secure future. Learn how compound interest and investing help grow savings over time. Whether you're a parent or just starting your financial journey, this lesson is a game-changer!   Subscribe for more financial literacy tips!

Season 4, Episode 4: Ask Tom: Teaching Kids NOT to Keep Up with the Joneses

In this episode of ASK TOM, Tom Henske sits down with fellow dad David Vynerib to tackle some of the most pressing financial questions parents face when teaching their kids about money. From the challenge of passing down financial wisdom to the realities of budgeting in expensive cities like New York, this episode is packed with practical advice for parents and young adults alike. Tom and David discuss: *  How to effectively teach kids financial responsibility *  The challenge of keeping up with the Joneses in affluent areas *  Budgeting and saving strategies for young adults living in high-cost cities *  The best way to approach saving for the short, medium, and long term *  Roth 401(k) vs. Traditional 401(k): Which is better for young professionals? *  How to start financial conversations with kids—even if it's later than you’d like *  The top three financial lessons every young adult needs to know If you're a parent wondering how to help your kids build smart money habits, this episode is for you!   Resources Mentioned: * The power of compound interest and why saving early matters * Employer 401(k) matches and how young professionals can take advantage of free money * Real-world examples of how financial choices today impact long-term financial security   Join the Conversation: Got a question for  ASK TOM Send it in, and Tom might feature it in an upcoming episode!   Follow & Subscribe: Don’t forget to subscribe and leave a review! Connect with us on  Total Cents [http://www.totalcents.com/] for more financial literacy tips for parents and young adults.  Listen now on Apple Podcasts, Spotify, or wherever you get your podcasts!

Season 4, Episode 3: From Piggy Banks to Day Trading—Val Chapman’s Guide to Financial Literacy for Kids

* Email: val@fl4kids.org [val@fl4kids.org] * LinkedIn: Val Chapman [https://www.linkedin.com/in/valchapman/] * Twitter: @FinLit4Kids [https://twitter.com/FinLit4Kids] * Website: https://fl4kids.org/ [https://fl4kids.org/] * 2024 SIFMA Foundation Tribute Dinner Video [https://sifma.sharefile.com/share/view/sf8e4b22875f242db9a6b4982ec3088b4] * California Dept Of Education 2024 Financial Education Task Force [https://www.cde.ca.gov/nr/ne/yr24/yr24rel15.asp] * San Francisco Chronicle - Oakland Elementary School teaches financial literacy [https://www.sfchronicle.com/bayarea/article/financial-literacy-oakland-elementary-school-19388138.php?utm_source=marketing&utm_medium=copy-url-link&utm_campaign=article-share&hash=aHR0cHM6Ly93d3cuc2ZjaHJvbmljbGUuY29tL2JheWFyZWEvYXJ0aWNsZS9maW5hbmNpYWwtbGl0ZXJhY3ktb2FrbGFuZC1lbGVtZW50YXJ5LXNjaG9vbC0xOTM4ODEzOC5waHA%3D&time=MTcxMzg5NTU1NTMwNQ%3D%3D&rid=MGRmMzI1NmQtOGRmMC00NTNiLWE0ZmItZTUzZWNhNTk0YjEy&sharecount=Ng%3D%3D] * Oakland, CA 4th and 5th Grade Students Earn Huge Returns in The Stock Market Game [https://www.youtube.com/watch?v=JD1pIffZ238&t=3s]  * KRON 4 NEWS Financial Literacy Taught to 4th and 5th-grade students in Oakland, CA [https://www.youtube.com/watch?v=2KZOivzQNIY] * How The Racial Wealth Gap Has Evolved—And Why It Persists! [https://www.minneapolisfed.org/article/2022/how-the-racial-wealth-gap-has-evolved-and-why-it-persists] * Franklin Elementary Students Compete in Tiger Tank Investor Pitch Competition [https://youtu.be/hz1LN8PEDNc?si=C8r2GRasm0dztYPm] * OUSD Highlights Financial Literacy Month by Celebrating Amazing Financial Wizards at Franklin Elementary School [https://franklin.ousd.org/news/news-article/~board/ousd-news/post/ousd-highlights-financial-literacy-month-by-celebrating-amazing-financial-wizards-at-franklin-elementary-school] * Oakland, CA Student Enrollment Dashboard [https://dashboards.ousd.org/views/Enrollment/Snapshot?:embed=y&:showAppBanner=false&:display_count=n&:showVizHome=n&:origin=viz_share_link] * CA Chronic-Absenteeism Dashboard [https://www.caschooldashboard.org/reports/ca/2023/academic-engagement#chronic-absenteeism]

Season 4: Episode 2- ASK TOM- How can I teach my child to track their spending in a way that's simple and effective?

Listen to the Total Cents Podcast: Apple:  https://podcasts.apple.com/us/podcast/total-cents/id1628903294 [https://podcasts.apple.com/us/podcast/total-cents/id1628903294] Spotify: https://open.spotify.com/show/7oAMqRvVzCBgnas4OxUP5h?si=f2eeab60be054e9b [https://open.spotify.com/show/7oAMqRvVzCBgnas4OxUP5h?si=f2eeab60be054e9b] FREE Lesson Resources: https://www.totalcents.com/resources/ [https://www.totalcents.com/resources/] Read "It Makes Total Cents" by Tom Henske: https://www.amazon.com/Makes-Total-Cents-Conversations-Financial/dp/B0B8BDDW1P/ [https://www.amazon.com/Makes-Total-Cents-Conversations-Financial/dp/B0B8BDDW1P/] Let’s Connect: Instagram: https://www.instagram.com/totalcents/ [https://www.instagram.com/totalcents/] LinkedIn: https://www.linkedin.com/company/total-cents/ [https://www.linkedin.com/company/total-cents/] X: https://x.com/total_cents [https://x.com/total_cents]Facebook: https://www.facebook.com/totalcents [https://www.facebook.com/totalcents] TikTok: https://www.tiktok.com/@totalcents [https://www.tiktok.com/@totalcents]

Season 4: Episode 1- UVA Professor Chuck Howard: Why We Forget How Much We Spend (And How to Fix It!)

* Current Location: Charlottesville, VA * Email: HowardR@darden.virginia.edu [HowardR@darden.virginia.edu]    * LinkedIn: https://www.linkedin.com/in/chuck-howard-98310444/ [https://www.linkedin.com/in/chuck-howard-98310444/]  * Bio: https://www.darden.virginia.edu/faculty-research/directory/ray-charles-howard [https://www.darden.virginia.edu/faculty-research/directory/ray-charles-howard]  * Paper: https://ideas.darden.virginia.edu/financial-decision-making [https://ideas.darden.virginia.edu/financial-decision-making]