Kosher Money cover image

Kosher Money

Money Tips for Teens & Young Adults (with Stacey Zrihen at HAFTR)

Jun 20, 2022
56:34

One question we often get asked is: Can schools teach our children about financial literacy?


Well, the Kosher Money team set out to speak to seniors at HAFTR (Hebrew Academy of the 5 Towns) in Cedarhurst, NY to learn more about what schools are and are not teaching, how these young adults view money and to share tips and tricks with the future leaders of the Jewish people.


Stacey Zrihen, a certified financial planner and expert budgeter, joined us at the school and shared her always-enjoyable insights.


To reach Stacey, email zrihen@verizon.net


SPONSORS OF THIS EPISODE


• Colel Chabad: Get a FREE pushka (charity box) from this great non-profit helping feed Israel's neediest. Simply visit https://www.ColelChabad.org/Pushka & https://www.ColelChabad.org/KosherMoney to make a much-needed donation. 


• Approved Funding: Looking to purchase a home? Looking to refinance? You need to speak to Shmuel Shayowitz at https://ApprovedFunding.com/Mortgages to make sure you do it right. Tell him we say hi!


00:00 Intro

1:47 Welcome to HAFTR

2:48 Meet Stacey

3:03 Classes Taught & Not Taught in High School

4:25 Is High School Too Early to be Discussing Money?

6:15 Young Business & Learning the Value of Saving

8:25 College Abroad & Allowances

11:20 Educating Schools & Parents on Importance of Financial Literacy

13:16 Credit Card Debt, BNPL & Amazon 

17:21 Money Advice for Singles

19:45 Sponsor Message

22:49 The Magic of Compounding

24:35 How to Grow Money

26:12 Taking Pulse of Room

27:12 Practical Money Management Tips

30:12 The World of Taxes

32:46 Checking vs. Savings

34:37 Get a Free Pushka!

36:48 Student Loans

39:10 The Importance of Budgeting 

42:45 Spending Strategies

44:10 Debt: Bad AND Good?

46:10 Subscriptions

48:24 Interest Rates

49:20 Budgeting Apps

50:30 Building Credit

52:10 Parting Message 

54:36 Outro


Follow us on social media for more content:

TikTok - https://www.tiktok.com/@livinglchaim

Instagram - https://www.instagram.com/livinglchaim/


As a reminder, all investment strategies and investments involve risk of loss. Nothing contained in this episode or any of our episodes and videos should be construed as investment advice. Got it? Good!


Submit your questions to hi@LivingLchaim.com


You can WhatsApp us questions, comments & voice notes: 

1-914-222-5513


WhatsApp us feedback and you'll get first access to episodes!


Our brand new and free call-in-to listen feature is here:

🇺🇸 USA: 712-432-3489

🇬🇧 UK: 0333-366-0154

🇮🇱 ISRAEL: 079-579-5088


Need financial guidance? Get help from our friends at LivingSmarterJewish.org


Kosher Money is produced by Living Lchaim and you can find more shows at LivingLchaim.com



Hosted on Acast. See acast.com/privacy for more information.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode