The 31st episode of the Heart of Money podcast, hosted by Austin Black, highlighted the subject of teaching children about money management, drawing on guest Jeremy Rod’s experiences as a mindset and peak performance relationship coach. A significant portion of the conversation emphasized the importance of understanding and educating on genuine emotional responses tied to finances. Strategies included dividing children’s money into portions for investing, saving, and spending, reframing language around financial constraints, and creating interactive educational financial activities to foster better understanding. Rod, also known as the Kung Fu Guy, used his varied experience to discuss overcoming obstacles and nurturing positive relationships. Additional resources for his teachings are available on his website, YouTube channel, and Facebook, and in his parenting book. The Heart of Money also offers free online community services for couples seeking financial advice.

Key Points and Quotes Highlighted:

  1. “Money management”, “parenting”, “education”, “mindset mastery” (00:00:00 – 00:01:47)
    The Heart of Money podcast episode 31, hosted by Austin Black, features Jeremy Rod as a guest. Jeremy, a mindset mastery and peak performance relationship coach with 27 years of experience, is set to discuss the subject of parenting and teaching kids about money management. The conversation will revolve around imparting lessons on giving, saving, spending, and making sound financial decisions to kids, intending to develop their abundant mindset over the subconscious scarcity mindset. They aim to make everyday life experiences part of children’s financial learning process.

  2. Jeremy Rorick, Money show, Money programming, Financial education (00:01:48 – 00:02:40)
    Mr. Jeremy Rorick was the esteemed guest on the Heart of Money show. During the show, Rorick emphasized the complexity of money-related conversations and potential misconceptions that may have been ingrained in people from childhood. He suggested that these misunderstandings can lead to financial struggles in adulthood, not due to the nature of money itself, but because of our complicated and flawed understanding of it. He offered his insights as a reason for people to listen to the episode.

  3. “Jerry Roadr”, “Kung Fu Guy”, “roadmap call”, “positive and negative connotation” (00:02:40 – 00:04:59)
    Jerry Roadr, commonly known as the Kung Fu Guy, has spent 27 years assisting people of all age ranges in a multitude of capacities. His work focuses on helping individuals move past obstacles and reach their life goals using methods void of blame, guilt, or shame. With experience as a hypnotherapist, a Kung Fu master, and a neuro-strategist, Roadr provides guidance on navigating life. He also promotes and values genuine, honest, and authentic conversations. He emphasizes the importance of understanding and teaching about positive and negative emotions, linking them to feelings such as happiness or sadness, respectably. Roadr believes in creating a win-win situation in every relationship to ensure sustainability.

  4. Communication, Emotional state, Financial planning, Child upbringing (00:05:00 – 00:11:01)
    The conversation focuses on nurturing positive mindsets in children and teaching them financial management. The speaker emphasizes the importance of effective communication, noting how it impacts children’s moods. They recommend using observations of a child’s physical symptoms as a gauge for their emotional state, serving as cues for adjusting communication or relational strategies. Furthermore, the speaker underscores the necessity of imparting financial literacy at an early age. They share their approach of dividing every money that comes into their children’s possession into portions for investing, saving, and spending. Comparing money to energy, they advocate a balanced approach, neither hoarding nor squandering all money to maintain its growth. They emphasize the importance of making money purposeful, ensuring some of it is invested for growth, some saved for emergencies, and the rest used for daily living and enjoyment. The speaker also highlights the interactive way they teach their kids about money, through investment accounts and educational activities, to help them comprehend financial management better.

  5. Financial Education, Parenting, Money Management, Generosity (00:11:02 – 00:33:12)
    The speaker in the podcast is promoting the Heart of Money, a free online community designed as a supportive platform to provide financial guidance to couples. It is connected to the Heart of Money podcast and aims to encourage financial growth and success. The discussion turns towards instilling financial literacy in children. Various strategies are recommended such as presenting them with situations where they can make choices regarding money, and teaching them about monetary exchange and the concept of generosity. The speaker also advocates changing the language when faced with financial limitations from “we can’t afford that” to “our money has a different job right now”, thus reframing the concept of financial priorities. The overall conversation emphasizes monetary agency, strategic negotiation, and maintaining emotional stability irrespective of cash flow. Further detailed discussion can be found on the speaker’s website, YouTube channel, and Facebook. The speaker also offers a unique parenting book with financial guidance included and a money-back guarantee.

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