Name: What are the best apps to use to help my kids with their finances?
Uploaded: 2024-12-03T05:00:00+00:00
Duration: 26 min 23 s
Description: Are you wondering how to teach your kids financial responsibility in today’s digital world? In this episode of The Ask Ralph Show, Ralph Estep Jr. discusses What Are the Best Apps to Use to Help My Ki

11 months ago

Podcasts Faith and Religion

Are you wondering how to teach your kids financial responsibility in today’s digital world? In this episode of The Ask Ralph Show, Ralph Estep Jr. discusses What Are the Best Apps to Use to Help My Kids with Their Finances? Ralph dives into tools like Greenlight, GoHenry, and Current that empower parents to teach budgeting, saving, and smart spending habits. With real-life examples and actionable strategies, Ralph shares how to use these apps to turn money management into a valuable life skill for your children.

https://www.askralphpodcast.com/help-my-kids/

Podcast Timestamps:
00:00 Episode Overview
01:09 Listener’s Question: Struggling to Teach Kids About Money
03:25 Bible Verse: Proverbs 22:6 – Train Up a Child in the Way He Should Go
03:51 Real-Life Story: How Monica Turned Financial Struggles into Teachable Moments
05:41 Best Apps for Kids’ Banking & Budgeting Needs
05:50 #1 Greenlight – Debit Cards for Kids with Parental Controls
07:12 #2 GoHenry – Gamified Financial Education
08:48 #3 Current – Tools for Teens Transitioning to Adult Banking
10:50 A Proven System You Can Implement
10:54 #1 Set Clear Financial Goals Using Apps
11:39 #2 Schedule Weekly Money Meetings with Your Kids
12:34 #3 Implement the 24-Hour Rule for Non-Essential Purchases
13:41 #4 Create Budget Categories Together
14:59 #5 Practice Value-Based Spending Discussions
19:21 Call to Action
21:38 Actionable Steps You Can Take
24:11 Closing