Podcasts about famzoo

How do you help your kids develop good money habits?  How can you overcome the challenges that simply talking about money can bring? Bill Dwight, a lifelong software engineer, faced these questions while he and his wife were raising their five kids.  So, Bill did what any reasonable person would do facing a problem such as this; he started his own company, a "Virtual Family Bank."  FamZoo, the company Bill created, integrates prepaid card accounts with family finance software to help parents and kids develop responsible money habits through hands-on experience. FamZoo, short for the family zoo, which Bill said represented what he and his wife were going through, seeks to encourage certain money habits within kids, such as spending, savings, and giving responsibly.  These are all tenants of Ron Lieber's book, The Opposite of Spoiled.  Separating your resources into functional buckets is a skill worth developing for kids and adults. Bill, like myself, also found inspiration to help teach our kids about money through the work of David Owen and his book, The First National Bank of Dad.  The premise is that kids learn best by doing and what better way to teach sound financial habits than to let kids actually have control of how they use their money. An unexpected benefit of helping to teach your kids about money is that it can help parents deal with their own issues surrounding money.  In addition, it can create great conversations about money between kids and parents and between spouses and partners. Be sure to listen to the end, where Bill talks about his favorite financial parenting hack, which I completely support! Please enjoy my conversation with Bill Dwight. For show notes and resources discussed in this episode, visit tammacapital.com/89. For more episodes, go to tammacapital.com/podcast. Follow Paul on Facebook and LinkedIn. And feel free to email Paul at pfenner@tammacapital.com with any feedback, questions, or ideas for future guests and topics.

Two years ago, we received a $30,000 inheritance after my mother-in-law passed away from cancer.  We wanted to honor her legacy. Here's what we did.  Also, Michael Thatcher from Charity Navigator, shares how we can all intelligently give this holiday season.  Last but not least, Zoey joins me for another Money Quiz. We're talking giving, hot tubs, and popcorn!  EPISODE RESOURCES Firstly:  Smart budgeting tools and real-life advice to get you on the path to family financial wellness. Learn more today!  FamZoo:  Prepaid cards and financial education for kids, all in one award-winning app. Use the promo code MKMFAMZOO at check out for an extra month.  Vanguard:  Trusted low-cost brokerage partner M1 Finance:  Intuitive, tech-forward low-cost brokerage partner XY Planning Network:  Fee-only Financial Planner Professionals OTHER EPISODES YOU MIGHT LIKE We Make $100k Per Year But Feel Stuck The 10 Steps I Took to Quit My Job and Start My Business 10 Incredible Benefits of a Paid Off House MKM RESOURCES YouTube Instagram  Voicemail DISCLAIMER This show may contain affiliate links or links from our advertisers where we earn a commission, direct payment or products. Opinions are the creators alone. Information shared on this podcast is for entertainment purposes only and should not be considered as professional advice. Marriage Kids and Money (www.marriagekidsandmoney.com) is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.com.  

Julie is frustrated. She's making nearly $100,000 per year and can't seem to get ahead. After hearing lots of "work harder" advice online and not having enough hours in the day, she wants to give up.  In this Best of MKM episode (2019), I do my best to help Julie move forward.  Also, I'm throwing down another MKM Challenge! It's that time of year again for Big Tip Tuesday. I'm all about giving back to our hard-working neighbors in the service industry. I hope you'll join me! EPISODE RESOURCES Firstly:  Smart budgeting tools and real-life advice to get you on the path to family financial wellness. Learn more today!  FamZoo:  Prepaid cards and financial education for kids, all in one award-winning app. Use the promo code MKMFAMZOO at check out for an extra month.  Tello:  MVNO Cell Phone Plan Credible:  Refinance Private Student Loans OTHER EPISODES YOU MIGHT LIKE Decreased our Spending by $20k + Increased our Fun by $10k The 10 Steps I Took to Quit My Job and Start My Business 10 Incredible Benefits of a Paid Off House MKM RESOURCES YouTube Instagram  Voicemail Thriving Families Facebook Community DISCLAIMER This show may contain affiliate links or links from our advertisers where we earn a commission, direct payment or products. Opinions are the creators alone. Information shared on this podcast is for entertainment purposes only and should not be considered as professional advice. Marriage Kids and Money (www.marriagekidsandmoney.com) is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.com.

It's been over 10 years since our family jumped on the Dave Ramsey Baby Steps.  Was it worth it? In this BEST OF BREAD & WINE episode, Nicole and I review both the pros and cons of the Dave Ramsey Baby Steps after hitting Baby Step 7.  BREAD & WINE RESOURCES FamZoo:  Prepaid debit cards for kids and financial education all in one! Use promo code “MKMFAMZOO” for an extra month of FamZoo! Buy Us a Cheap Bottle of Wine:  And we'll give you a shoutout during the show - thanks for the idea, Jacob! MKM RESOURCES YouTube Instagram  Voicemail DISCLAIMER This show may contain affiliate links or links from our advertisers where we earn a commission, direct payment or products. Opinions are the creators alone. Information shared on this podcast is for entertainment purposes only and should not be considered as professional advice. Marriage Kids and Money (www.marriagekidsandmoney.com) is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.com.

For our 300th episode, I'm sharing my new and improved 10 Steps to Family Wealth and Happiness. This is all of the information I've gained from the last 5 years of producing this family empowering podcast.  If you're new to the podcast, this is an excellent episode to start with. Enjoy! EPISODE RESOURCES Firstly:  Smart budgeting tools and real-life advice to get you on the path to family financial wellness. Learn more today!  FamZoo:  Prepaid cards and financial education for kids, all in one award-winning app. Use the promo code MKMFAMZOO at check out for an extra month.  Mint:  Free budgeting app Quotacy:  Get your free, online, no-hassle term life insurance quote today Trust & Will:  Protect your family with a trust and will  Vanguard:  Trusted low-cost brokerage partner Die With Zero:  Book by Bill Perkins OTHER EPISODES YOU MIGHT LIKE We Make $100k Per Year But Feel Stuck The 10 Steps I Took to Quit My Job and Start My Business 10 Incredible Benefits of a Paid Off House MKM RESOURCES YouTube Instagram  Voicemail DISCLAIMER This show may contain affiliate links or links from our advertisers where we earn a commission, direct payment or products. Opinions are the creators alone. Information shared on this podcast is for entertainment purposes only and should not be considered as professional advice. Marriage Kids and Money (www.marriagekidsandmoney.com) is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.com.

The FIRE Movement is all about financial independence.  Independence to do what you want and on your schedule.  In this BEST OF BREAD & WINE episode, Nicole and I discuss finding the FIRE Movement personally, the elements we like and how we define FIRE for our family. BREAD & WINE RESOURCES FamZoo:  Prepaid debit cards for kids and financial education all in one! Use promo code “MKMFAMZOO” for an extra month of FamZoo! Buy Us a Cheap Bottle of Wine:  And we'll give you a shoutout during the show - thanks for the idea, Jacob! MKM RESOURCES YouTube Instagram  Voicemail DISCLAIMER This show may contain affiliate links or links from our advertisers where we earn a commission, direct payment or products. Opinions are the creators alone. Information shared on this podcast is for entertainment purposes only and should not be considered as professional advice. Marriage Kids and Money (www.marriagekidsandmoney.com) is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.com.

Kevin has been working on paying off his mortgage for years but now he's having second thoughts. Real estate investing sounds much more interesting to him now. Brennan Schlagbaum, the founder of Budgetdog, joins me to discuss how Kevin can find his motivation to earn his paid-off house (or use his money another way). On our Mortgage Free Family Segment today, we're going to interview Mark & Tiffany Baker from Terre Haute, Indiana. They recently paid off their mortgage as part of their path to real estate investing in their hometown.  EPISODE RESOURCES Firstly:  Smart budgeting tools and real-life advice to get you on the path to family financial wellness. Learn more today!  FamZoo:  Prepaid cards and financial education for kids, all in one award-winning app. Use the promo code MKMFAMZOO at check out for an extra month.  Budgetdog (Instagram) 3 Sisters Investments (Website) OTHER EPISODES YOU MIGHT LIKE The Disadvantages of Paying Off Your Mortgage Early Pay Off My 30-Year Mortgage Early or Invest? 10 Incredible Benefits of a Paid Off House MKM RESOURCES YouTube Instagram  Voicemail DISCLAIMER This show may contain affiliate links or links from our advertisers where we earn a commission, direct payment or products. Opinions are the creators alone. Information shared on this podcast is for entertainment purposes only and should not be considered as professional advice. Marriage Kids and Money (www.marriagekidsandmoney.com) is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.com.

Chris Hutchins has accumulated over 10 million credit card rewards points. He's used these points to travel first class with his wife and stay in luxury resorts around the world. Today, he shares how he's done it and how you can get started in the world of travel hacking. EPISODE RESOURCES Firstly:  Smart budgeting tools and real-life advice to get you on the path to family financial wellness. Learn more today!  FamZoo:  Prepaid cards and financial education for kids, all in one award-winning app. Use the promo code MKMFAMZOO at check out for an extra month.  Chris Hutchins (website) Capital One Quicksilver:  Our current favorite card (1.5% cashback, cash bonus offer, no annual fee) MKM RESOURCES YouTube Instagram  Voicemail DISCLAIMER This show may contain affiliate links or links from our advertisers where we earn a commission, direct payment or products. Opinions are the creators alone. Information shared on this podcast is for entertainment purposes only and should not be considered as professional advice. Marriage Kids and Money (www.marriagekidsandmoney.com) is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.com.

Mike wants to know how best to use his Health Savings Account (HSA) after receiving some larger medical bills. Ashlee deSteiger discusses options for Mike's HSA investment strategy and how others can take advantage of Health Savings Accounts.  Also, Bob Armour, CMO from M1 Finance, shares why investors should consider M1 Finance over Vanguard in our Fintech Spotlight segment.  EPISODE RESOURCES Firstly:  Smart budgeting tools and real-life advice to get you on the path to family financial wellness. Learn more today!  FamZoo:  Prepaid cards and financial education for kids, all in one award-winning app. Use the promo code MKMFAMZOO at check out for an extra month.  Ashlee deSteiger (website) M1 Finance:  The Finance Super App MKM RESOURCES YouTube Instagram  Voicemail DISCLAIMER This show may contain affiliate links or links from our advertisers where we earn a commission, direct payment or products. Opinions are the creators alone. Information shared on this podcast is for entertainment purposes only and should not be considered as professional advice. Marriage Kids and Money (www.marriagekidsandmoney.com) is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.com.

Do you want to make a million with real estate? Dustin Heiner was able to quit his job at 37 after building up enough passive income through long-distance real estate investing. Check out his story and see how you can make a million in real estate. EPISODE RESOURCES Firstly:  Smart budgeting tools and real-life advice to get you on the path to family financial wellness. Learn more today!  FamZoo:  Prepaid cards and financial education for kids, all in one award-winning app. Use the promo code MKMFAMZOO at check out for an extra month.  Dustin Heiner (Website) MKM RESOURCES YouTube Instagram  Voicemail DISCLAIMER This show may contain affiliate links or links from our advertisers where we earn a commission, direct payment or products. Opinions are the creators alone. Information shared on this podcast is for entertainment purposes only and should not be considered as professional advice. Marriage Kids and Money (www.marriagekidsandmoney.com) is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.com.

Our savings rate has dropped from 50% to 10% over the past couple of years ... does that mean we're abandoning the FIRE Movement? I discuss this question after responding to a listener who feels our decreased savings feels like a departure from our financial goals in years past.  Also, we hear from Mandy and Sean Senske about how they became millionaires in their 30's through "boring investing".  EPISODE RESOURCES Firstly:  Smart budgeting tools and real-life advice to get you on the path to family financial wellness. Learn more today!  FamZoo:  Prepaid cards and financial education for kids, all in one award-winning app. Use the promo code MKMFAMZOO at check out for an extra month.  Die With Zero (Book) Sean Senske (Website) Mandy Senske (Website) MKM RESOURCES YouTube Instagram  Voicemail DISCLAIMER This show may contain affiliate links or links from our advertisers where we earn a commission, direct payment or products. Opinions are the creators alone. Information shared on this podcast is for entertainment purposes only and should not be considered as professional advice. Marriage Kids and Money (www.marriagekidsandmoney.com) is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.com.

Building a career, a family, and a business grounded in values and rooted in strategy is a craft our guest expert, Bill Dwight, is no stranger to. Bill discovered a way to creatively build a toolbox of ideas and strategies that would fuel his children (and thousands more) to learn financial concepts at a very early age. Today, we're going to explore a tool helping families raise financially savvy children and what it means to run a mission-driven business and life. I'm thrilled to introduce our guest expert, Bill Dwight, the CEO of FamZoo.com, a husband and father of five. Fam Zoo is an online family banking service that teaches kids good money habits. FamZoo won a Finovate Best In Show award in 2013 for its unique integration with prepaid cards. As a Princeton graduate and former Oracle Executive- Bill has built software in diverse areas ranging from artificial intelligence to personal finance. Today he is leading in the most important role, as Chief Dad- with a mission to bring financial literacy to 40 million American kids through thoughtful parent-moderated payment technology. 

Ken has always been a proponent of teaching your children financial literacy for adulthood. Ken would sit down with his children weekly to review their financial snapshots. Ken was limited however since the children couldn’t access their accounts autonomously. Enter FamZoo, a paid software program that enables children to manage their own financial accounts and optionally have debit cards – with parental oversight. Ken reviews this program for those looking to teach their children financial responsibility.

Bill Dwight is the CEO and Founder of FamZoo.com, where the  mission is to bring financial literacy to 40 million American kids through thoughtful parent-moderated payment technology. On this episode of CFO at Home, Bill and Vince discuss creating “The Bank of Mom and Dad” to teach kids money management skills,  the virtues and downsides of trading apps, the Family 401K, and more.  Key Takeaways FamZoo is an App that helps to execute operating a  “Bank of Mom and Dad”  Teaches kids that you can put your money to work and it will gain return in an accelerated time frame. Creates a “virtual bank” which allows you to simulate real world financial transactions for kids, and takes the emotion out of the process Facilitates the process creating an allowance/budget for kids that helps to teach money management skills and ownership of financial decisions. Creates a safe but realistic environment for the “law of natural consequences” to teach the lessons Teaches kids the money skills they need; whether that’s saving, spending, or giving Family 401K Concept - Open a ROTH IRA for your child when they get a W2 paying job, (custodial account if they’re under 18). The child, parents, relatives can all contribute. Helps to encourage a  long-term perspective about investing. Teaches investment principals like dollar-cost averaging Resources: The First National Bank of Dad Smart Money Smart Kids The Opposite of Spoiled The Art of Allowance Ways to contact/follow: FamZoo.com FamilyFinanceFavs.com

Today we sit down with the Famzoo Ceo to discuss why budgeting, financial freedom, and teaching your family how to manage money is one of the best things you can do as a parent. Support the show (https://www.themiddleclassmoney.com)

Dr. Pat Page, a current classroom teacher, NGPF Fellow, and former State Teacher of the Year, recently completed her Ph.D. and studied the parents’ perceptions of financial technology to support financial socialization and literacy levels. Together, with FamZoo owner Bill Dwight, they shared what they learned, why it should matter to teachers, and how we can apply it to support our own students. They discuss family socialization examples such as students teaching parents and boiling down what parents can teach their kids into one 4x6 index card.  Should parents pay an allowance? Should they pay for chores? Should parents assess fines to their kids for misbehaving? Find out what Dr. Page and Bill have to say!

How old were you when you finally learned how to manage money? This week’s guest is the founder and CEO of FamZoo, Bill Dwight. He stopped by to discuss teaching your kids about money, the tools that worked for his kids, how to prepare your kids for future financial success, and life in general.Subscribe to the podcast and follow the show on Instagram and Facebook, @jaded80sbaby.Support the show (https://www.paypal.me/jaded80sbaby)

We may forget we’re not born inherently knowing how to earn, spend, save, or give money. And may not even know how to even go about beginning to have these conversations with our kids. Many parents expect their kids will learn how to properly manage their money at school. But the reality is most kids are not learning how to spend, save, invest, or donate their money at all let alone in a healthy way.This is concerning given that a report by researchers at the University of Cambridge commissioned by the United Kingdom’s Money Advice Service revealed that kids’ money habits are formed by age 7. Age 7!Additionally, a 2017 Parents, Kids, & Money Survey conducted by T. Rowe Price found that parents who discussed financial topics with their kids were more likely (61% vs 41%) to have kids who say they are smart about money.Joining us on the show is Bill Dwight, CEO and founder of FamZoo, a private family banking system designed to help parents teach kids to earn, save, spend, and donate money wisely in a safe, friendly environment.Bill joins us to share how parents can use a variety of tools to not only educate their children when it comes to money habits, he shares how parents can use technology to not only expose your children to real-life experience with money but to spark those crucial money conversations. About FamZooFamZoo isn’t just a convenient prepaid card for families. It’s a hands-on financial education for kids of all ages — preschool through college. Learn more here.About The ShowTo learn more about DebtWave Credit Counseling, visit our website or connect with us on Facebook, Twitter, Instagram, and LinkedIn.To learn more about the San Diego Financial Literacy Center, visit our website or connect with us on Facebook and Twitter.Support the show (https://www.sdflc.org/help-sdflc/donate/)

This week's episode is Part 2 of our discussion with the Founder & CEO of Famzoo, Bill Dwight. On this episode with Bill, he talks about his journey to making Famzoo profitable and the importance of personable customer service. This topic then leads to a discussion regarding what tasks you should not outsource or automate at your start-up. The episode culminates in a lengthy discussion about why entrepreneurs should be receptive to business partners and renegotiating unfavourable business contracts.What we talk aboutThe path to profitabilityThe importance of good customer serviceWhy you shouldn’t outsource certain tasksHow having a business partner can benefit you and your company’s decision-making processLinks from this episodehttps://www.famzoo.com/ (Famzoo website)https://twitter.com/FamZoo (Bill on Twitter)Find us elsewherehttps://futuretri.be/ (Future Tribe Website)https://www.instagram.com/futuretri.be/ (Future Tribe on Instagram)https://www.linkedin.com/in/germainemuller/ (Germaine on LinkedIn)https://www.instagram.com/germa_ne/ (Germaine on Instagram)https://futuretheory.com.au/ (Futuretheory Website) 

This week's episode is Part 1 of our discussion with the Founder & CEO of Famzoo, Bill Dwight. During our chat with Bill, he talks about Famzoo and his greater goal of helping kids become more financially literate. This conversation eventually leads into talking about his extensive industry experience in Silicon Valley and culminates in Bill discussing he left a well-paying career in favour of self-employment and how this has changed the type of work he does day-to-day. What we talk aboutThe importance of teaching financial literacy at a young ageHow your online footprint allows advertisers to target you more effectivelyHow being a CEO or executive at a company can force you to take a step back from hands-on projects.Links from this episodehttps://www.famzoo.com/ (Famzoo's website)https://twitter.com/FamZoo (Bill on Twitter)Find us elsewherehttps://futuretri.be/ (Future Tribe Website)https://www.instagram.com/futuretri.be/ (Future Tribe on Instagram)https://www.linkedin.com/in/germainemuller/ (Germaine on LinkedIn)https://www.instagram.com/germa_ne/ (Germaine on Instagram)https://futuretheory.com.au/ (Futuretheory Website)

We do allowances differently. They happen no matter what, instead of as payment for chores. Chores are a part of our Agile household, and we do it no matter what. Learning money management is important for our children. We use FamZoo and their allowances automatically go into their account. The app is easy to use. We give $1 per year of age and we make sure we have constant feedback on how they use their money.  How does your family handle allowance? Let us know in the Facebook Group!

It’s never too early to begin teaching your kids about money and the earlier the better!   Bill Dwight is the Founder and CEO of FamZoo.com a virtual family bank that integrates prepaid cards with financial software to help families develop responsible money habits with hands on experience. www.FamZoo.com   ••••••••••• Music By ••••••••••••• Rising SpiritJay Man - OurMusicBox http://www.youtube.com/c/ourmusicbox Announcer: Adam Smith

Want your kids to leave the house money savvy? Learn easy techniques and ways on how to teach your children how to save and invest like a pro! Teaching Kids to Save and Invest Do you remember how you handled money growing up? I can’t recall when I got my allowance, but I remember being in second or third grade going around the neighborhood collecting bottles and cans to recycle and earn some extra money. And as grateful as I am for learning what I did, from how I mismanaged money later on and got into debt in college, I can see there were some gaps in my financial knowledge. My husband and I both want our girls to know the value of a hard-earned dollar and how to use it wisely. That won’t happen by accident. It’s going to take a plan. If you two want to help your little ones, make sure you save this episode. Bill Dwight, creator of the amazing family banking app famZoo is here today on the show. Besides being a tech whiz, he’s a father of five who’s had plenty of experience with the ups and downs of raising kids to become adults. In this episode we get into: When to start introducing finances Getting your kids comfortable with saving and investing Why your kids need to get a loan from you I think we’ll have plenty of comments on this one. :)  Hope you enjoy! Resources to Teach Your Kids about Money If you're looking for ideas and resources to prepare your kids to be money-savvy, here are some to check out! FamZoo Thriving Families How to Teach Your Kids About Money (w/o Being Boring!) Cash Crunch Junior Goalsetter Collegebacker We’re going to discuss this in our private Facebook group over at Thriving Families. It’s free and fun. Support the Podcast! Thank you so much for listening to the podcast! Spread the word! If you enjoyed this episode and think it can help a buddy get on the path to dumping debt and become financially free, please share. Leave a review. Honest feedback and reviews make a big difference and gets the word out about the podcast. Leave your review on Apple or Stitcher. Grab a copy of Jumpstart Your Marriage and Your Money. My book is designed for a busy couple to set up their finances in 4 weeks. Get tips and tools that have worked for other couples on their journey of building their marriage and wealth together! Music Credit Like the music in this episode? Our theme song is by Gentle Regime. Additional music by Lee Rosevere.

Bill Dwight is the founder of FamZoo, a "Virtual Family Bank" that integrates prepaid card accounts with family finance software to help parents and kids develop responsible money habits through hands-on experience. Bill is a father of five and he brings both his personal experience and that of the many FamZoo users to provide a plethora of great money smart teaching tips for teenagers, tweens and younger kids that you should be able to use. If you're looking for tips to bring financial literacy to your kids, this episode is your ticket.

Do you know any kids already bored with summer? Know someone who needs some help breaking down basic finance for the kiddos? You're in luck because today we're talking kids and money. Joining us today, from the National Bank of Mom, is our new friend Maggie. ...and back for another round, from FamZoo, we welcome Bill Dwight. And rounding out our roundtable, from ConnieAlbers.com, we welcome Connie Albers. They'll talk about many ideas to brighten your summer and help your children grasp money concepts at the same time. It'll make a better summer for both them AND you. Don't have children? We thought about you, too, and invited Kate Ryan from TIAA to join us to share tips for grandparents, aunts, uncles, and money savvy friends. We'll talk about everything from sharing money stories to helping a child start a summer business or save a few dollars. Of course, we'll answer a three-oh call for help to the Blooom hotline.  Nicole wants to take her family on a vacation. What are the best places to be consider, and what should she be watching out for? Thanks to Slack for supporting Stacking Benjamins. Slack: Where work happens. Go to slack.com to learn more. Thanks also to MagnifyMoney.com for sponsoring Stacking Benjamins. MagnifyMoney.com saves users on average $450 when they compare, ditch, switch and save on credit cards, student loan refinancing, checking, savings and more. Check out MagnifyMoney.com for your savings.

Teaching your children good money habits can be difficult. Not everyone has an accounting degree or even good money habits themselves. So how do you teach children good money habits when you are still trying to figure it out? Our guest created a money tacking system for his family to keep. Bill Dwight's goal was to tame what he called, the “family zoo.” He later turned his project into a business (FamZoo) to help families, like yours, gain control over the family budget while teaching his children good money habits. Find out how you can do the same. For more show notes visit: http://kinecorder.com/love-money-teaching-children

Founder and CEO of FamZoo, Bill Dwight, joins me to discuss how to raise money-smart kids. We discuss Roth IRA accounts for kids, instilling a good work ethic and the importance of giving.

It's America Saves Week! After you're done listening to this special podcast episode join me in taking the America Saves Pledge by visiting PopcornFinance.com/AmericaSaves. Once you take the pledge you'll have a chance to earn up to $750 towards your savings goal! Plus one Popcorn Finance listener will win a $100 gift card!   Check out PopcornFinance.com/SaveYourRefund to enter the special giveaway put on by Save Your Refund where you could win up to $10,000 just for saving a portion of your tax refund.    Also Listen to my conversation with Bill Dwight from FamZoo.com in episode 043 as he explains the Family 401k in 5 Easy Steps PopcornFinance.com/43   If you are in the San Diego area make sure you check out San Diego Saves for additional tips & resources.   Were you planning on shopping at Amazon?  Help support the show for free using my Amazon link http://amzn.to/2CjrCYd   How to be featured on the show You can record a voice note and email it to me at Questions @ PopcornFinance .com Send a call in through the Anchor app Use SpeakPipe to leave me a voicemail https://www.speakpipe.com/PopcornFinance   Connect with me Instagram -@PopcornFinancePodcast Twitter - @PopcornFinance Facebook - Popcorn Finance   Music By Tonez&Re-C - Redskins Flip by @TONEZPRO (OFFICIAL) https://soundcloud.com/tonez-pro Creative Commons — Attribution 3.0 Unported— CC BY 3.0 http://creativecommons.org/licenses/b... Music promoted by Audio Library https://youtu.be/PQ8Fjx805aY

Bill Dwight from FamZoo.com sat with me to discuss how he's using a traditional retirement account in an unconventional way to help his kids save for retirement. Full Show Notes at PopcornFinance.com/43 Help support the show for free at PopcornFinance.com/Support How to be featured on the show You can record a voice note and email it to me at Questions @ PopcornFinance .com Send a call in through the Anchor app Use SpeakPipe to leave me a voicemail https://www.speakpipe.com/PopcornFinance Connect with me Instagram -@PopcornFinancePodcast Twitter - @PopcornFinance Facebook - Popcorn Finance   Outro Music By Buddha by Kontekst https://soundcloud.com/kontekstmusic Creative Commons — Attribution 3.0 Unported— CC BY 3.0 http://creativecommons.org/licenses/b... Music provided by Audio Library https://youtu.be/b6jK2t3lcRs

Dad to 5, husband, lifelong software geek, and founder of FamZoo.com which combines prepaid cards and a financial education for kids in one award-winning family finance app. For links to Bill's app and other resources mentioned in the show, go to http://ptmoney.com/bill

What are the best ways to invest? In a recent piece, Ramit Sethi (I Will Teach You To Be Rich) detailed what he thinks are the four best starting points for people in their 20's. Are they the best? We're excited that Investment News' 40 Under 40 honoree Eric Roberge joins Paula Pant from Afford Anything and Joe to tackle all four of Ramit's strategies. Of course, that isn't all. Next we discuss the active vs. passive investment debate. Which is better? A recent piece says that this particular debate isn't the right one to have. Instead, we should talk about what's right for the investor, based on their beliefs and their needs. Do you agree? Does our roundtable agree? You'll find out today! We finish off our discussion with a rousing debate about another crazy Marketwatch.com Moneyologist question. Today's question? If your boss asks you to take a roommate, should you charge the person rent? ...that's not all of the question, but we get some GREAT answers from our roundtable participants. In our Friday FinTech segment, JJ Ramberg from Gumdrop joins us. Are you back to school shopping? Searching for great deals? Hoping to also help some charitable causes? We'll show you how Gumdrop works on all of those fronts today! Thanks to MagnifyMoney.com and FamZoo.com for sponsoring our show, and thanks also to everyone who's visited Amazon.com using our link!

Amanda Steinberg talks with JJ about how women have been shifting their role in society, but never actually been taught about finances. There are simply a lot of prejudgements about money; as a result, most women nowadays struggle with money. Amanda´s revolutionary approach helps women find their personal style, free themselves from guilt, and start focusing on strengths to fix their relationship with money. It is possible to be wealthy and healthy!   Key takeaways [1:35] Amanda Steinberg´s career briefing. [3:11] How Amanda got to where she is now. Amanda´s personal story. [5:44] Why there are so many women that are financially incapable. [6:40] Why money is such an anxiety issue for women. [7:35] First thing to focus on is to realize that is not your fault. [8:15] What are your core beliefs about money? [8:38] “Budget, create goals, and plan to achieve them,” does not work for more than 70% of people. [9:14] Assessment that you can take to recognize who you are; what your money type is. [12:30] The “sock folding lesson,” from Amanda to her son, to help him earn money and learn to save. [15:46] Is there a secret to have a perfect retirement? [17:10] Work now to create an account for your elder years, save any amount you can. [18:10] You can live in Costa Rica, with great health care, for $10,000 a year. [19:08] Find something you love to do, and keep on doing it, but have the choice to do it. [21:15] Breakfast sets the pace for the entire day; start with JJ shakes. [22:30] Myth: Eating healthier is expensive. It is cheaper to be healthier than to be sick! [23:28] Eat locally and seasonal. [25:58] Mindset shift is asking yourself where do you want to invest?   Mentioned in this episode Dailyworth.com FamZoo.com JJVirgin.com/moneytype JJVirgin.com/products Facebook page JJVirgin official  

Spending money on kids is expensive. Every trip to the store can turn into begging for one more pack of gum or new toy. But what if they managed their own money for all that stuff instead? The idea of allowance for children is not new. People have been giving children

Finances are an important lesson to teach our children. It is especially important that students have a strong understanding about money before leaving for college. Parenting experts Bret and Tracie Shroyer share their expertise on allowance and help you get started teaching these concepts today!

We interview Bill Dwight, the Founder of Famzoo.com.  Famzoo is an online family banking designed for kids, teens, and parents. With this amazing resource, it makes it easier for families earn, save, budget , and spend.  We've been utilizing Famzoo for several months and have loved it.  Listen in to help teach your children the power of money. To learn more about Famzoo- click on the Famzoo link on the lower right hand side of zenparentingradio.com  Make sure to enter "zenfinance" to get an extra month free.  You won't regret it.   Other Resources   Cathy's 3rd book, Living What You Want Your Kids To Learn won the National Indie Excellence Award!Go here to order your book. Click the following links to purchase Cathy's books The Self-Aware Parent Part 1  & and Part 2 The Tribe Men's group   Tree of Life Chiropractic Care have some interesting workshops planned. If you shop Amazon by going through our website first (there is an amazon link on the bottom right hand of our home page), a portion of your sale will help fund future Zen Parenting programming. How important is a good smile?  Just ask our new partner John J Kelly DDS.  They are located on the northwest side of Chicago and will meet all of your family's dental needs. Painting or remodeling?  Don't forget about our parnter Avid Co. Looking for a Vitamix blender?  Don't forget to use our coupon code 06-007296 for free shipping.       [/et_pb_text][/et_pb_column][/et_pb_row][/et_pb_section][et_pb_section admin_label="section"][et_pb_row admin_label="row"][/et_pb_row][/et_pb_section]

We interview Bill Dwight, the Founder of Famzoo.com.  Famzoo is an online family banking designed for kids, teens, and parents. With this amazing resource, it makes it easier for families earn, save, budget , and spend.  We've been utilizing Famzoo for several months and have loved it.  Listen in to help teach your children the power of money. To learn more about Famzoo- click on the Famzoo link on the lower right hand side of zenparentingradio.com  Make sure to enter "zenfinance" to get an extra month free.  You won't regret it.   Other Resources   Cathy's 3rd book, Living What You Want Your Kids To Learn won the National Indie Excellence Award!Go here to order your book. Click the following links to purchase Cathy's books The Self-Aware Parent Part 1  & and Part 2 The Tribe Men's group   Tree of Life Chiropractic Care have some interesting workshops planned. If you shop Amazon by going through our website first (there is an amazon link on the bottom right hand of our home page), a portion of your sale will help fund future Zen Parenting programming. How important is a good smile?  Just ask our new partner John J Kelly DDS.  They are located on the northwest side of Chicago and will meet all of your family's dental needs. Painting or remodeling?  Don't forget about our parnter Avid Co. Looking for a Vitamix blender?  Don't forget to use our coupon code 06-007296 for free shipping.       [/et_pb_text][/et_pb_column][/et_pb_row][/et_pb_section][et_pb_section admin_label="section"][et_pb_row admin_label="row"][/et_pb_row][/et_pb_section]

Today we're speaking with an avid So Money listener, a real fan. He and I connected because of this podcast and just proof that if you like this show enough and you connect with me, you might be a guest on the show! He's a highly accomplished tech entrepreneur as well, not just a listener, but he is very, very successful. His name is Bill Dwight. He is the founder and CEO of Famzoo.com, it's an online and mobile banking service that's designed to help busy parents teach kids good money habits. It's been featured in the Wall Street Journal, the New York Times, Time, NPR, and it also will be featured in Money Magazine this July as I wrote about it a little bit in my July column for Money Magazine about how to teach your kids good allowance lessons. FamZoo's also featured in Ron Leaver's best seller of "The Opposite of Spoiled". Remember, Ron was on the podcast - that was So Money Episode 47. FamZoo was also voted Best of Show twice in 2011 and in 2013 at Finovate, which is the premier showcase conference for emerging financial technologies.