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  • 2 years ago
Episode 128: Kids and Money, Money, Money, MONEY

Episode 128: Kids and Money, Money, Money, MONEY

We’re down one chatter but taking up the time with some new features and a new interviewee. After spending a moment admiring Catherine’s new high-tech shower set-up, we meander our way into the topics for the week. Here’s your roadmap: 04:20 Topic 1: Kids and Money — A story about Nicole’s son’s internship in Japan leads into a discussion (started on Monday’s Speed Round) about young adults who don’t quite get that you can’t max out your credit cards, use up all your savings, run up an emergency-room bill, and not expect your Mom to freak the heck out. For younger kids, the dilemma is differentiating between needs, like underwear; wants, like underwear from Pink; and impossibilities, like buying an alpaca to live in your backyard. Though we don’t have all the answers, Catherine recommends the iAllowance app, Terri recommends iTunes allowances, and Nicole advocates for pay-as-you-go. (And back to young adults and budgeting, our faithful listener Mike has some good advice in his comment