Skip to site content

In this week’s episode of The Money Guy Show, we tackle the money concepts we think are important to start mastering as a teenager. Having winning financial knowledge as early as possible can have a significant impact on future financial success.

We compiled a list of study notes that will hopefully be a refresher on previous life lessons we have shared throughout the years. We take a personal approach on how we as parents can teach our children important money lessons. This episode lays out functional financial advice and the behaviors, habits, and character traits that can help prepare your teen with financial wisdom that leads to a lifetime of smart money choices.

Tune in to learn:

  • Steps forward to conquer the financial world
  • How to set-up a checking account and the lessons you can teach your teenager
  • What good financial management looks like for your teen
  • What good budgeting and cash flow management looks like at 14
  • Nurturing a planner’s mentality in your child and how it can lead to financial responsibility
  • How you as the parent can facilitate financial lessons
  • The earliest you can start investing and the different pots available to your teen
  • Why setting up a Roth IRA is a great idea for your child
  • Ways to incorporate the theme of generosity with financial education
  • BONUS! The 4 health benefits of being generous
  • The traits of success
  • The power of Thank You

Enjoy the Show?

Where You Can Watch and Listen:

Subscribe on these platforms or wherever you listen to podcasts! Turn on notifications to keep up with our new content, including:

  • Episodes of The Money Guy Show every Friday
  • Episodes of Making a Millionaire every other Monday
  • Mini-shows every Wednesday
  • Ask Money Guy Livestreams every Tuesday
  • Tons of other fun content!
Related Content

Free Resources

Financial Order of Operations®: Maximize Your Army of Dollar Bills! Thumbnail

Free Resources

Financial Order of Operations®: Maximize Your Army of Dollar Bills!

Here are the 9 steps you’ve been waiting for Building wealth is simple when you know what to do and the order in which to...

Wealth Multiplier By Age Thumbnail

Free Resources

Wealth Multiplier By Age

If you want to set yourself up for future success, find out how much you need to save every month to become a millionaire.

Car Buying Checklist Thumbnail

Free Resources

Car Buying Checklist

Here’s how you can buy a dependable car that won’t break the bank. Our free checklist walks you through the 20/3/8 rule and strategies to...

Articles

Should You Be Spending More in Retirement? Thumbnail

Articles

Should You Be Spending More in Retirement?

It’s difficult to overstate the risk of spending too much in retirement (or saving too little for retirement). Running out of money means moving in...

How To Use a Roth Conversion Strategy in Retirement Thumbnail

Articles

How To Use a Roth Conversion Strategy in Retirement

Do you have a substantial amount of assets in pre-tax retirement accounts like a traditional IRA or 401(k)? If so, it could make sense to...

All About the New Trump Accounts for Kids Thumbnail

Articles

All About the New Trump Accounts for Kids

In the One Big Beautiful Bill Act (OBBBA) passed last year, a new type of account called a 530A account or Trump account was authorized....

Financial FAQs

Courses & Tools

How about more sense and more money?

Check for blindspots and shift into the financial fast-lane. Join a community of like minded Financial Mutants as we accelerate our wealth building process and have fun while doing it.

Financial Order of Operations®: Maximize Your Army of Dollar Bills! Thumbnail

Free Resources

Financial Order of Operations®: Maximize Your Army of Dollar Bills!

Here are the 9 steps you’ve been waiting for Building wealth is simple when you know what to do and the order in which to...

Wealth Multiplier By Age Thumbnail

Free Resources

Wealth Multiplier By Age

If you want to set yourself up for future success, find out how much you need to save every month to become a millionaire.

Car Buying Checklist Thumbnail

Free Resources

Car Buying Checklist

Here’s how you can buy a dependable car that won’t break the bank. Our free checklist walks you through the 20/3/8 rule and strategies to...

Recent Episodes

It's like finding some change in the couch cushions.

Watch or listen every week to learn and apply financial strategies to grow your wealth and live your best life.

The Best Assets To Hold In Each Account Thumbnail

Episodes

The Best Assets To Hold In Each Account

Are your investments in the right accounts? We explain the three types of investment accounts, which assets should live where to maximize tax efficiency, and...

The BEST and WORST Cars for Financial Mutants (And Which Brands They Avoid) Thumbnail

Episodes

The BEST and WORST Cars for Financial Mutants (And Which Brands They Avoid)

Are you financing too much car? We break down the 20/3/8 rule, reveal which car brands pass our Money Guy test for dependability and value,...

The $75K Lesson That Changed Their Financial Future Thumbnail

Episodes

The $75K Lesson That Changed Their Financial Future

Jonah and Caroline earn $420,000 and built an $820,000 net worth by age 29, but they're carrying a $49,000 401(k) loan, recovering from a $75,000...