MMP20: Allowance, Chores and How to talk to our kids about money - A REAL Convo with Colin Ryan

In this episode, I have a conversation with author and speaker, Colin Ryan. Colin travels around the country speaking to college students about money. Can you believe they actually have a good time while learning about money?!? I picked Colin’s brain about his views and suggestions re: the pressure we face as parents in terms of raising kids that will go out to responsibly earn in the world. Colin really has his finger on the pulse of productively speaking to young people about money and setting them up for success. His book is called A Comedic Guide to Money.

Guest Bio:

Colin Ryan is a one-of-a-kind comedic speaker, a financial educator and author with the background of a professional comedian and storyteller. His work is to bring hope and humor to an area of life where everybody needs to feel more comfortable yet nobody thinks it's okay to talk about. As a speaker, in the hour he spends with students and adults he gives them the tools to reinvent their money relationship. How to save up, borrow safely, and spend in line with who you are - these things influence what's possible for you. Because your ability to manage your money directly affects your ability to reach your dream.

Topics covered:

• When to start talking to your kids about $$$

• Allowance

• Entitlement

• Instilling a hard work ethic

• Why and how we usually handle the topic of money unproductively with our kids

• Colin’s approach to take with kids

• How fear and a scarcity mindset around money will sabotage your kid’s creativity and ability to find work they love

Resources Mentioned:

Website: Colin Ryan

Colin’s book: A Comedic Guide to Money,

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