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Finance With Kids
Steve and Ava Coughran
25 episodes
9 months ago
In today's episode of Finance With Kids, hosts Steve and Ava are going to talk about the difference between leasing and buying. They will explain to kids what it means to lease an item, how it differs from buying an item outright, and the pros and cons of leasing items like cars, apartments, and cell phones. Leasing can be a good option for those who want to drive a new car or have the latest phone without the hassle of selling it themselves. However, it is important to be aware of the potent...
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Investing
Education,
Business
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In today's episode of Finance With Kids, hosts Steve and Ava are going to talk about the difference between leasing and buying. They will explain to kids what it means to lease an item, how it differs from buying an item outright, and the pros and cons of leasing items like cars, apartments, and cell phones. Leasing can be a good option for those who want to drive a new car or have the latest phone without the hassle of selling it themselves. However, it is important to be aware of the potent...
Show more...
Investing
Education,
Business
Episodes (20/25)
Finance With Kids
24: The Difference Between Leasing and Buying
In today's episode of Finance With Kids, hosts Steve and Ava are going to talk about the difference between leasing and buying. They will explain to kids what it means to lease an item, how it differs from buying an item outright, and the pros and cons of leasing items like cars, apartments, and cell phones. Leasing can be a good option for those who want to drive a new car or have the latest phone without the hassle of selling it themselves. However, it is important to be aware of the potent...
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2 years ago
12 minutes

Finance With Kids
23: Practicing Smart Spending Habits and Avoiding Impulse Buying
In this episode of Finance with Kids, hosts Steve and Ava Coughran delve into the topic of smart spending and avoiding impulsive purchases. They talk to kids about the importance of making wise financial decisions and how it can impact their future. Steve and Ava share some tips and tricks on how to avoid impulse buying, such as making a list before going shopping, waiting a day before making a big purchase, and considering if the item is a need or a want. This episode is perfect for parents ...
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2 years ago
13 minutes

Finance With Kids
22: What is Inflation
Welcome to another episode of the Finance with Kids podcast! In this episode, hosts Steve and Ava Coughran delve into one of the most important economic concepts: inflation. Steve and Ava explain what inflation is and why it's essential to understand it. They provide real-world examples of how inflation affects everyday items like groceries, gas, and toys. They also discuss how inflation impacts savings and investments, and provide practical tips for kids to protect their money from inflation...
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2 years ago
13 minutes

Finance With Kids
21: Understanding Revenue, Expenses, and Profit
In this week's episode of Finance with Kids, host Steve is joined by Ava to talk about the basics of revenue, expenses, and profits. Steve and Ava break down these important financial terms in a way that's easy for kids to understand. They start by discussing what revenue is and how it's generated, using examples like lemonade stands and selling items online. Then, they move on to talk about expenses, which are the costs associated with running a business or making a product. Ava shares some ...
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2 years ago
11 minutes

Finance With Kids
20: What You Should Know About Coins
In this episode, we'll be discussing what you should know about coins, from their history and value to current trends in coin collecting. Together with Ava, Steve will explore the origins of coins and their evolution over time, from ancient coins made of precious metals to modern-day collectible coins. We'll also dive into the factors that influence a coin's value, such as rarity, condition, and historical significance. Whether you're a seasoned collector or just getting started, this episode...
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2 years ago
9 minutes

Finance With Kids
19: Cost of Living (National Averages & Differences)
In this episode, we’re going to talk about the cost of living. Do you know what it means when someone says the cost of living is high? It means that things like food, clothes and housing cost more money than they used to. So, why does that happen? One reason is inflation. Inflation is when the prices of things go up over time. This happens because the amount of money in the world keeps growing, but there are still only so many resources to go around. When there’s more money chasing the same r...
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2 years ago
9 minutes

Finance With Kids
18: Why Aren't Things Just Free?
In today's world, we're used to getting things for free - from social media and search engines to sample products and trial offers. But many of us fail to recognize the hidden costs of "free" and the impact it has on our lives. In this episode, we dive deep into the true cost of "free" and how it affects us as consumers and as a society. We explore the psychological and behavioral aspects of "free," including the ways in which it influences our decision-making and perception of value. Through...
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2 years ago
11 minutes

Finance With Kids
17: Is Money Good or Bad?
We usually talk about all the things we can do with money, like how to earn, save, spend, or invest it. Today I wanted to discuss whether money is a good thing or a bad thing. Join us as we discuss some reasons why people might find money to be a positive thing and also reasons why money may be seen in a negative way. Kids, if you want to be on the show, ask your adult to help you record your name, where you live, and question on a voice recording app, and then email it to hello@financewithki...
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2 years ago
9 minutes

Finance With Kids
16: Should Kids be Given an Allowance
For those of you listening, you might have your own allowance, or you may have heard your friends talking about getting an allowance, or maybe you’ve even asked your mom and dad for one. Deciding whether to give kids an allowance is a huge decision that parents have to make. Join us as we get into the nitty gritty details of what exactly an allowance is. Kids, if you want to be on the show, ask your adult to help you record your name, where you live, and question on a voice recording app, and...
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2 years ago
11 minutes

Finance With Kids
15: What is a Recession?
Today’s topic is a really important one. I’m going to be asking my dad everything there is to know about recessions. Like why they happen and if it's possible to avoid them. So come along with us as we learn about this topic.Kids, if you want to be on the show, ask your adult to help you record your name, where you live, and question on a voice recording app, and then email it to hello@financewithkids.com. For example "Hi, my name is Leah, I'm 6 years old, I live in San Diego, California, and...
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2 years ago
10 minutes

Finance With Kids
14: Why Do Some Jobs Pay More Than Others?
On today’s episode, we’ll be chatting about something really interesting, that’s also really important to know if you’re still a kid. Today we’re going to talk about why some jobs pay more money than others. Education and training are just a couple of the things that can determine how much money a job pays. Join us for this episode to learn more. Kids, if you want to be on the show, ask your adult to help you record your name, where you live, and question on a voice recording app, and then em...
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2 years ago
11 minutes

Finance With Kids
13: What are Expenses?
Expenses can be things that we need or want, and we typically use money to buy them. Wants are the things that we can live without, but needs are the things we must have.Kids, if you want to be on the show, ask your adult to help you record your name, where you live, and question on a voice recording app, and then email it to hello@financewithkids.com. For example "Hi, my name is Leah, I'm 6 years old, I live in San Diego, California, and my question is--what is an asset?"Adults, do you...
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2 years ago
7 minutes

Finance With Kids
12: Why Do We Pay Taxes
Taxes are money that we pay to the government to help fund important things in our communities, like schools, hospitals, and roads. By paying taxes, we're helping to support the community and make it a better place for everyone. Kids, if you want to be on the show, ask your adult to help you record your name, where you live, and question on a voice recording app, and then email it to hello@financewithkids.com. For example "Hi, my name is Leah, I'm 6 years old, I live in San Diego, Calif...
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2 years ago
5 minutes

Finance With Kids
11: Why is Money Green?
Money has been around for thousands of years, but it didn’t always look the way it does now. The green color of money actually comes from a special ink that's used to print it. The ink is made up of a mix of copper and other chemicals. Kids, if you want to be on the show, ask your adult to help you record your name, where you live, and question on a voice recording app, and then email it to hello@financewithkids.com. For example "Hi, my name is Leah, I'm 6 years old, I live in San Diego...
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2 years ago
8 minutes

Finance With Kids
10: What is a Stock?
A stock is like a piece of a business that you can own a little bit of. Imagine you have a lemonade stand and you decide to sell some of the ownership to your friends, so they can help you make the lemonade and sell it. Now your friends own a part of your lemonade stand, just like a stock owner owns a part of a big business. Kids, if you want to be on the show, ask your adult to help you record your name, where you live, and question on a voice recording app, and then email it to hello@...
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2 years ago
11 minutes

Finance With Kids
09: What is a Bond?
A financial bond is a type of loan that a person or organization gives to another. When someone buys a bond, they are lending money to the issuer in exchange for regular payments until the bond matures. Bonds are often used by governments and large companies to raise money for projects such as building infrastructure, providing services, and investing in research and development. Kids, if you want to be on the show, ask your adult to help you record your name, where you live, and question on ...
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2 years ago
14 minutes

Finance With Kids
08: How Does a Credit Card Work?
Credit cards are a type of payment method that allow you to purchase goods and services without having to pay for them upfront. When you use a credit card, the merchant will charge your account (this is called making a purchase). You then have a certain amount of time to pay off the balance, usually around 30 days. If you don't manage to pay off the full amount in time, you will be charged interest on what you owe. This is why it is important to only make purchases on your credit card that yo...
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2 years ago
9 minutes

Finance With Kids
07: Why Do Banks Fail?
Banks can fail for a variety of reasons, but there are some common issues the lead to their downfall. One major reason why banks fail is when they make bad investments. This could mean investing too heavily in one type of stock or taking risks that don't pay off. Kids, if you want to be on the show, ask your adult to help you record your name, where you live, and question on a voice recording app, and then email it to hello@financewithkids.com. For example "Hi, my name is Leah, I'm 6 ye...
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2 years ago
9 minutes

Finance With Kids
06: How do Businesses Make Money?
Starting a business in the United States can seem scary, but with careful planning and preparation, it can be a rewarding experience. Imagine someone has an idea and they want to turn it into a business. These are the steps they would follow to get it started: 1. Think of an idea: The first step in creating a business is to come up with an idea. 2. Do research: Once you have an idea, it's important to do some research to see if it's a good idea to pursue.&n...
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2 years ago
10 minutes

Finance With Kids
05: Why Is Saving Money Important?
Saving money is important for kids for several reasons: Learning financial responsibility, building good habits, preparing for emergencies, and achieving long-term goals. Overall, teaching kids to save money is an important life skill that can set them up for future success. Join us for this episode to learn more about why saving money is so important.Kids, if you want to be on the show, ask your adult to help you record your name, where you live, and question on a voice recording app, and th...
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2 years ago
9 minutes

Finance With Kids
In today's episode of Finance With Kids, hosts Steve and Ava are going to talk about the difference between leasing and buying. They will explain to kids what it means to lease an item, how it differs from buying an item outright, and the pros and cons of leasing items like cars, apartments, and cell phones. Leasing can be a good option for those who want to drive a new car or have the latest phone without the hassle of selling it themselves. However, it is important to be aware of the potent...