8: Basic budgets for kids

08/10/20 • 9 min

Kids Money and More- The MONEY podcast for KIDS!

Knowing how to budget is useful in various aspects of life, not just when it comes to money.
We budget time, money and resources on a daily basis to help us effectively manage what we have.
Let’s show our kids how to do the same by teaching them this valuable life skill.
In this episode, kids will hear us talk about:

What a budget is
What income and expenses are
How to make a budget
How a budget helps us understand how we spend our money

Click here for Episode 8's suggested follow up activities including the kids sample budget and parent talking points.

If you find value in this podcast please let your friends and family know about it!
If you would like to support Kids Money & More, you can contribute here! https://ko-fi.com/kidsmoneyandmore

What a budget is
What income and expenses are
How to make a budget
How a budget helps us understand how we spend our money

Click here for Episode 8's suggested follow up activities including the kids sample budget and parent talking points.

If you find value in this podcast please let your friends and family know about it!
If you would like to support Kids Money & More, you can contribute here! https://ko-fi.com/kidsmoneyandmore

Previous Episode

7: SMART money goals

Whether it’s at school, in their future job or for personal reasons, our kids need to know how to set goals for what they want to achieve.

If your kids have been stashing away money from their birthday, the tooth fairy or their allowance, what are they saving for?

When the time comes for spending that money, we want them to be SMART about it.
So this episode is all about SMART saving goals.

In this episode, kids will hear us talk about:

What goals are and why they’re important
The definition of a SMART goal
Relatable examples of SMART saving goals

Click here for Episode 7's suggested follow up activities & the free printable: SMART saving goal checklist.

If you find value in this podcast and would like to support Kids Money & More, you can contribute here! https://ko-fi.com/kidsmoneyandmore

Next Episode

9: What is a bank?

We don’t keep all of the money we earn in our wallets or at home. So where does it all go?
Why do we put it there? How does it get there?

In this episode, kids will hear us talk about:

What a bank is.
What a deposit is.
Why we keep our money in a bank.
Bank accounts.
How we deposit money - cash and online deposits.

Follow us on Instagram @kidsmoneyandmore for kids' money smart tips and to see what we're up to!
Visit the Kids' Money & More blog for parent tips on how to help your kids be money smart.

If you find value in this podcast please let your friends and family know about it! If you would like to support Kids' Money & More, you can contribute here! https://ko-fi.com/kidsmoneyandmore