How to Make Your Kid a Millionaire with Andy Hill

Summary

Frugal Friends Podcast: How to Make Your Kid a Millionaire with Andy Hill

Release Date: November 1, 2024
Hosts: Jen Smith & Jill Sirianni
Guest: Andy Hill

---

Introduction

In Episode 455 of the Frugal Friends Podcast, hosts Jen Smith and Jill Sirianni are joined by financial expert Andy Hill to delve into the compelling topic, "How to Make Your Kid a Millionaire." While the title might suggest strategies for amassing wealth, the conversation primarily focuses on equipping children with essential financial skills and life lessons to ensure long-term financial success.

The Importance of Teaching Kids Financial Literacy

Jen sets the stage by highlighting the episode's goal: to explore life skills and at-home practices that can set children on a path to financial independence—and potentially millionaire status. She underscores that regardless of one's specific financial aspirations for their child, the insights shared are universally beneficial.

Andy Hill emphasizes balance in financial education:

"It's about balance, right? Giving some assistance without handing over everything and ensuring kids have the knowledge to manage resources effectively." [09:48]

Balancing Financial Support and Encouraging Autonomy

A central theme of the discussion is finding the "radical middle"—providing enough financial support to foster independence without creating dependency. Dr. Laurie Santos raises a thought-provoking question about whether extensive financial support might hinder children from learning to earn and manage money on their own.

Andy Hill responds thoughtfully:

"Loading the kids up with a bunch of dough and saying good luck, without knowledge on how to use it, could lead to the money being flittered away." [09:44-11:49]

He advocates for teaching children how to build wealth independently, allowing them to earn their own money and understand its value.

Practical Strategies for Financial Education

1. Chore and Reward Programs

Implementing a system where children earn money through age-appropriate chores teaches them the value of work. Andy Hill shares his personal experience:

"My kids do their own laundry and take care of it themselves. It's just like, I feel like I've raised smart, independent children that now have their own money and can make their own decisions." [26:52]

2. Allowing Kids to Earn Their Own Money

Encouraging children to find creative ways to earn money, such as lemonade stands or selling items online, fosters resourcefulness and financial responsibility.

3. Modeling Financial Behavior

Children learn best by example. Andy Hill points out:

"It's a lot easier for your kids to continue to do these positive habits as long as you are personally demonstrating these positive habits too." [33:38]

Investment Options for Kids

When extra funds are available, parents can consider various investment vehicles to secure their children's financial future.

1. Roth IRA for Kids

A Roth IRA can be a powerful tool for long-term savings, allowing children to benefit from compound interest from an early age.

2. 529 College Savings Accounts

529 plans offer tax-advantaged savings for educational expenses. Andy Hill notes the flexibility of recent changes:

"Eventually you can roll some of it over if it's not all used for education purposes into a Roth IRA in the future for that individual child." [32:53]

Encouraging Resourcefulness and Responsibility

Instilling values such as delayed gratification and recognizing the worth of resources beyond money are crucial. Andy Hill discusses setting financial guardrails:

"Putting some guardrails around it said okay, yes, we're going to earn that money, some will go towards saving, some towards fun, and some towards giving." [25:32]

This approach ensures children understand the importance of saving, spending wisely, and contributing to the community.

Overcoming Challenges with Older Kids/Teens

For parents starting financial education later or dealing with teenagers who crave independence, Andy Hill offers actionable advice:

"Start with 1% improvements. Introduce small changes like adding one chore a week and build from there." [36:03]

He stresses the importance of family-wide communication and gradual implementation to foster financial responsibility in teens.

Concluding Remarks

The episode wraps up with reflections on the significance of balancing financial support with fostering independence. Jen and Jill commend Andy Hill for his insightful strategies and encourage listeners to implement these lessons to set their children up for financial success.

Andy Hill shares additional resources:

"I've created a course called 'Make My Kid a Millionaire,' and there's a free resource available at marriagekidsandmoney.com." [53:06]

Key Takeaways

• Balance is Key: Provide financial support while ensuring children learn to manage and grow their own money.

• Start Early: Introduce financial concepts from a young age through chores and rewards.

• Model Behavior: Demonstrate good financial habits to reinforce learning.

• Utilize Investment Tools: Consider Roth IRAs and 529 plans to invest in your child's future.

• Encourage Responsibility: Teach values like delayed gratification and the importance of saving and giving.

• Communicate Openly: Maintain ongoing conversations about money to build a foundation of financial literacy.

Notable Quotes

"It's about balance... giving some assistance without handing over everything and ensuring kids have the knowledge to manage resources effectively." – Andy Hill [09:48]

"Loading the kids up with a bunch of dough... without knowledge on how to use it, could lead to the money being flittered away." – Andy Hill [09:44-11:49]

"I'm proud because... they've learned to support our family here around the house, and they've earned money along the way." – Andy Hill [26:52]

"It's not going to get perfect overnight. Just be happy with 1% improvements over time." – Andy Hill [36:03]

Resources

• Make My Kid a Millionaire Course: Visit marriagekidsandmoney.com to access free resources and learn more about Andy Hill's strategies.

• Marriage, Kids and Money Podcast: Andy Hill hosts his own podcast where he discusses budgeting, investing, and financial planning with his children.

---

This episode offers actionable insights for parents aiming to empower their children with financial knowledge and independence. By fostering early financial literacy, modeling responsible behavior, and utilizing strategic investment tools, parents can lay the groundwork for their children's long-term financial success.

Transcript

[Dr. Laurie Santos]

This is Dr. Laurie Santos from the Happiness Lab. Many people have questions about how to improve levels of happiness.

[Andy Hill]

Living a healthy lifestyle is one sure way of increasing happiness, and a good.

[Dr. Laurie Santos]

Place to start is with your oral health. Just a few small changes to your oral care routine, such as changing your toothpaste to Colgate Total, can lead to beneficial changes in your oral health.

[Jen]

Colgate Total helps stop oral health problems.

[Dr. Laurie Santos]

Like gingivitis and cavities before they start, because preventing oral health problems is a lot easier than treating them. Be dentist ready and get colgate [e-mail].

[Andy Hill]

Total the holidays are here at the Home Depot, so let's get to decorating.

[Jill]

Find your perfect tree in our huge.

[Alicia Keys]

Assortment of shapes, sizes and styles.

[Jill]

Like the easy to assemble Jackson Noble.

[Andy Hill]

Fir with pre lit branches perfect for styling with all your favorite ornaments, or the flocked Starry light Frasier fir with over 1900 pre lit memory wire branches that keep their shape so it's ready.

[Alicia Keys]

Right out of the box.

[Andy Hill]

Find the perfect tree now at the Home Depot and enjoy free delivery on.

[Jill]

Most holiday decor subject to availability.

[Andy Hill]

See homedepot.com delivery for details.

[Kisan Patel]

It's better over here.

[Andy Hill]

After investing billions to light up our.

[Jill]

Network, T Mobile is America's largest 5G network. Plus right now you can switch keep your phone and we'll pay it off up to $800. See how you can save on every plan vs Verizon and at&t@t mobile.com KeepAndSwitch up to four lines via virtual prepaid card. Allow 15 days qualifying on unlock device.

[Andy Hill]

Credit service ported 90 plus days with device ineligible carrier and timely redemption required Card has no cash access and expires in six months.

[Kisan Patel]

Hey, it's Alicia. When people tell me, wow, you have such beautiful skin, for a second I say, who are you talking to? Because I never did. Key Soul Care is a holistic beauty and skincare line I created working with a leading dermatologist. I'm so proud of these product offerings because they're all about caring for the whole self inside and out. Nourish your skin. Nurture your soul.

[Dr. Laurie Santos]

Try clinically proven Skincare from Alicia Keys.

[Jen]

With 25% off your first purchase at keyssoulcare.com using code GLOWONAIR. Where'd you get those shoes? Easy. They're from dsw. Because DSW has the exact right shoes for whatever you're into right now. You know, like the sneakers that make office hours feel like happy hour, the boots that turn grocery aisles into runways, and all the styles that show off the many sides of you, from daydreamer to multitasking and everything in between. Because you do it all in really great shoes. Find a shoe for every you at your dsw store or dsw.com Episode 455 how to Make youe Kid a Millionaire with Andy Hill.

[Andy Hill]

Welcome to the Frugal Friends podcast where you'll learn to save money, save money, embrace simplicity, and live a richer life. Here are your hosts, Jen and Jill.

[Jen]

Welcome to the Frugal Friends podcast. My name is Jen.

[Dr. Laurie Santos]

My name is Jill.

[Jen]

And today we are talking with our very good friend Andy Hill about something he is so passionate about. We are passionate about teaching people how to spend money. Andy is passionate about helping parents set their kids up for financial success. And it's a little clickbaity, how to make your kid a millionaire. But really this episode is about the life skills and the skills at home to set your kids up for financial success and hopefully become a millionaire.

[Dr. Laurie Santos]

He's got a lot of great insight and tips, really, on how to find the radical middle here. So even if it's not your goal to have your kid become a millionaire, you're still going to find some really helpful stuff here.

[Jen]

Yes. But first, this episode is brought to you by holiday music. It is November 1st, if you are listening to this on the day it comes out, and for many of you, it is the day where all other music dies and only holiday music exists. Now. That is a select group. The other select group waits until after Thanksgiving. Thanksgiving does fall a little late this year, so I think more people will fall into this group. But if you are not in the group of people that are strictly switching to holiday music today, then we encourage you to check out the soundtrack that we made to buy what you love without going broke, which at this point I hope you know, is the book that we wrote coming out in January, available for preorder now at Buy what you love book. Com. But we really thought that books are a time capsule and they kind of reflect the author's thoughts and interests and what they're listening to in the season they're writing. So we thought it would be cool to put together a playlist of the things Jill and I were listening to while we were writing. It's a little insight into what we our music tastes. We don't really talk about that on the show. So if you kind of want to behind the scenes into our personalities and maybe also how we're kind of different in our music tastes, then check out the soundtrack. Frugalfriendspodcast.com playlist. It's a Spotify playlist. And then do us a favor and preorder the book. Buy what you love, book. Com, because you can find, at least for me, some Easter eggs to what I was listening to, I've alluded to in the book.

[Dr. Laurie Santos]

So, oh, yeah, that's fun. And you can tell which list is Jen's and which list is mine. We found songs that their titles are just our names. So there's a song titled Jen and then the nine songs below it are the song she picked and then the song titled Jill and My nine song.

[Jen]

Yep. So, yeah. But so let's get back to the topic at hand, making your kid a millionaire. We know not everybody has kids, and those who do have kids have them at varying ages. And so this is really a conversation where we do touch on kids, like the teaching kids about money as young as three, all the way up to teenagers, even if you're starting when they are teenagers. So I think that everyone will get something out of this. If you want to queue up another episode to listen to after this episode, 434 minimalism for families with Don Madsen. Really good one. We love Don. And this just kind of takes the mindsets that we talk about with Andy, kind of takes them a little bit further. And we talk about possession of stuff, but some of the things we talk about are kind of overlapping. So Andy, if you are not familiar with Andy Hill, he is the host of the Marriage, Kids and Money podcast. And that podcast talks strictly about helping families build wealth without sacrificing happiness. And there are. He's got millions of downloads. He has an amazing podcast voice, and he's just the sweetest. Like, sweet, sweet Andy.

[Dr. Laurie Santos]

He's so kind. He's hung out behind his back plenty of times in person, too. And through and through. It's. Andy is the same in every of these contexts. And it's always good.

[Jen]

He is always sweet. The Andy you get on the show is the Andy in real life, and so it's always a joy to talk to him. We just rarely do it on the podcast. So let's do it. Yeah. Andy, welcome to the Frugal Friends podcast. We're so glad to have you back. It's been a while.

[Andy Hill]

So glad to be back. It has been a while. And I love talking with you ladies outside of podcasts, but on the podcast.

[Jen]

It'S even better when we put on our podcaster voices. It just makes for that much better of a conversation.

[Andy Hill]

Absolutely. I'm always in for that.

[Dr. Laurie Santos]

It's always fun to have friends, even back again. And Andy, you are such an expert on talking about finances with children. Of course you talk about other things, but this is what we're focusing in on today. And I've got a spicy question for you. It has a little bit to do with one of the things that I've thought about from my own childhood with finances. And when I think about if I ever were to teach a kid about finances, I'm Jill, I'm the one without kids, Jen's the one with them. So it's all theoretical for me, which is probably why I'll be the one asking the spicy question.

[Andy Hill]

Sounds good.

[Dr. Laurie Santos]

I, you know, I didn't grow up with a ton of money. And in many ways I feel like that's formed me decently. There's some money mindsets that, you know, I, I've needed to shift regarding scarcity and that kind of a thing and, and a better understanding of frugality, but in many ways having this value for earning and, and I've had the thought and conversation with Eric in the past, if we ever had kids, like, would, would we, would we just give them a ton of money? Like, would we set aside money for them for college? Like, how much it shaped me to have to pay my own way through college? Like, it's kind of been this question again, we don't have kids, so we've never put it into practice. But curious your thoughts on this? Like, for those who are putting aside money for their kids for college or just money in general, do you think that we're doing them a disservice with so much financial support? What's to be said about the whole working for it, earning it yourself? What do you think about this?

[Andy Hill]

I love that question, like anything. And I know you ladies talk about this a lot on your show.

[Dr. Laurie Santos]

It's.

[Andy Hill]

It's about balance, right? I think that's knowing how you grew up, a little assistance probably along the way might have not been all that bad. Right. But giving you everything with no knowledge on how to use it long term could also be bad, you know, So I liken it to this whole generational wealth conversation can be a difficult one for people because people think of it as, you know, like the Succession TV show or like that's the kind of wealth we're talking about. No, we're talking about just helping your kids get an understanding. Understanding and an ability to build their own wealth so that it can continue on for generations. And that wealth as you've talked about a lot too. Can be money, can be ability to use your resources well, control of your time, these types of things and valuing what you care about most. So as far as loading the kids up with a bunch of dough and saying good luck, I think like anything if you don't have the know how on how to use tools, whether that be a bunch of money or like if somebody said hey Andy, go fix my car in the garage right now, here's the tools, good luck. I have no knowledge on how to fix that car because I've not been prepared or I've never learned how to do that. It's the same thing with wealth. So if we plop a bunch of money on our kids and say, hey, I've done my job, they're going to be wealthy in the future. I've seen it and definitely read about it and coach people through when they get a lot of money with no knowledge on how to use it, it can get flitted away pretty fast. So I think we have to find a balance of showing our kids how to build wealth on their own. And that could be learning to earn a little bit more while they're, while they're younger and as they grow so they can have their own money and have their own autonomy over that money and that decision and then also how you can build wealth over time. So I think it's giving them the knowledge on how to use that resource so that it doesn't get flittered away.

[Dr. Laurie Santos]

I really appreciate that putting it into context, pairing it with education. It's not just they know nothing about this and I'm just putting away to a 529. And then one day money, money's here.

[Andy Hill]

Now I know what to do with it. Oh, I can use it for whatever I want. Oh, that could be, that could be trouble. And you talk about 529. I think that's the, a fun conversation that a lot of people have too is like, do I put money away? How do I put money away from my kids if I want to have that generational wealth? Does a 529 make sense? Should I just put it in a regular kids brokerage account? And sometimes having that restriction between those two things can actually be good. If we talk about a kid's brokerage account, that's one of those things where we start to put money away and build up. And then depending on your estate and the age majority, they could get this money at 18 with no restrictions, which is nice because they could use it for Whatever they want, but they could also use it for whatever they want. So without the knowledge on how to use it, again, that could be dangerous territory.

[Jen]

Yeah, I love your philosophy on this because it's so similar to how we view spending. Like nobody teaches you how to spend money and therefore when you get money, you spend all of it. And typically a lot of important things get lost along the way. And it's the same with like keeping money and earning money. But this is for children, for your children. And so I love this kind of wealth building as a skill, not as like a make rich kids sort of philosophy. And so I've seen a lot of parents go to extremes. Some will say, I'm not going to save anything for my kid. They're on their own. The other side are saving for their kids, cars, their kids, college, while they themselves are going deeper into debt. And they're like, it's fine, they'll take care of me when I'm old sort of mentality. Where do we find the radical middle of like, what should we have in place before that we start thinking about setting our kids up for success.

[Andy Hill]

Yeah, if you're in a situation where you're like, well, I don't have a lot of money to just give to my kids because I'm still working on my financial situation, that's okay. Like, this is, this is a fine situation to be in. You want to take care of yourself. If you have high interest debt, if you're still building up that emergency fund to take care of yourself so that you are able to take care of your home and take care of your family, that's a good position to be in. Now if you can't just like give them a, you know, chore money or allowance money because you're working your way through that situation, that is totally fine. What you can do is talk to them about the journey that you're on, on your financial journey because they're going to listen to what you're doing, they're going to see your action that you're taking. And that's the best wealth knowledge that you can ever give them. Hey, I have a goal over the next 12 months, 24 months to be completely debt free, or wipe out this credit card debt, or start to be more responsible with my money or pile this money up in a savings account so we're protected. If you take your kid on that journey with you and just talk to them about what you're doing, that is a wealth of knowledge. So physically giving them money during that time or Helping to invest for their future. If you're not able to do that, think of this as an investment of your time and your words and just sharing your journey. And if you're not a personal finance expert and you're sharing this knowledge, that's okay. You're teaching them the reality of life. And that is a huge lesson.

[Dr. Laurie Santos]

Yeah. The education is so important. I think I could have made so many better spending decisions had I just been more educated. Had I been taught how to spend, that would have been invaluable. Right. What's that saying? Give a man a fish a lead for a day, teach a man to fish a lead for a lifetime. It's really that concept in practice here.

[Jen]

Yeah. Do you think. Do you think that at least, like, how much debt paid off or how much emergency fund or kind of we have? You know, some people say you should have like all your debt paid off, all your emergency fund, totally set yourself up, and then start like thinking about investing for your kids. I know there's a lot of things leading up to that, but financially, what do you think is like, the best practice?

[Andy Hill]

I think getting into the habits of these things can be very helpful. So, you know, when we talk about, you know, college savings, things like that, I think there's a reason that some of the minimum investment deposits are like 25 bucks a month, you know, because is it going to massively move the needle long term for huge wealth gains? With regard to your college investing journey, maybe not in the beginning, but you're developing that habit personally where you're saying, hey, 25 bucks now, while we're getting through our debt journey, or saving for our emergency savings, or building up our own retirement, because we've got to put a lot more towards our retirement right now than we do for our kids. But as you continue to compound these habits over time, maybe you get to a point where you're like, wow, I've saved so much from my retirement that we're gonna be. We're gonna be pretty good. Why don't we shift our focus, our investing focus towards our kids now? And then you increase that number. You know, so maybe it started at 5 bucks or 25 bucks or, you know, whatever it ends up being, then you can increase that over time. So to your point, I think there are some parents out there that are saying, well, you know what? My life's not gonna be that great financially. At least I can give it to my kids. That's a slippery slope. Because long term, if you're in your 60s and 70s, and you gotta come knocking on your rich kid's door to say, hey, will you take care of me? Because I totally loaded up that 529 for you and the kids, brokerage and all those other things. So you're rich. Can you take care of me now? I think we're doing our kids a disservice down the road if we're not taking care of ourselves first and being financially strong and independent in our, in our later years. So we must, must, must take care of ourselves first, fill up our own cup. And so we're feeling good. And then what we have available for our children at that point is a luxury. This is a luxury conversation. To be able to invest for your children, to be able to give them a bigger future, maybe, than you have, but it's important to take care of yourselves first. That being said, again, money aside, these lessons can be imparted to your children at an early age. Knowledge of your financial journey, as well as teaching them how to make their own money, too, over time. You know, it's as simple as the lemonade stand. It's as simple as finding stuff around their room that they don't use anymore and posting it on Facebook Marketplace and getting 25 bucks there or 10 bucks there. This is resourceful ways. These are resourceful ways for you to make money as a kid and then give you that autonomy with your money, which is a great feeling at any age.

[Dr. Laurie Santos]

I so appreciate this perspective on making sure that we are set first. We've talked before on this podcast, too, about how much more of a gift it is for us to be financially secure as we age, rather than putting that onto our kids.

[Kisan Patel]

Hey, it's Alicia. When people tell me, wow, you have such beautiful skin, for a second, I say, who are you talking to? Because I never did. Keys Soul Care is a holistic beauty and skincare line I created working with a leading dermatologist. I'm so proud of these product offerings because they're all about caring for the whole self, inside and out. Nourish your skin, nurture your soul.

[Dr. Laurie Santos]

Try clinically proven skincare from Alicia Keys.

[Jen]

With 25% off your first purchase at keyssoulcare.com using code GLOW on air, Ma.

[Alicia Keys]

Can get chaotic between due diligence, integration, and everything in between. It's easy to feel like you're drowning in the details. I'm Kisan Patel, host of M and A Science, the weekly podcast that cuts through the confusion. Every week, I sit down with M and A pros who faced it all the challenges curveballs and lessons learned the hard way. No buzzwords, no theories, just real actionable advice from people in the trenches. From keeping deals on track to managing integrations without losing your sanity. Each episode is straight up practical insight. What works, what doesn't, and how to simplify your own MA process. Wherever you are in the deal cycle, want to close the next deal with confidence? Tune in to M and A Science. No fluff, just real talk about what it takes to close deals. Listen on your favorite podcast app. Here's to the deal.

[Jill]

Creating your own business has been everything, hasn't it? Getting it registered and legally compliant is a necessary hassle. Thankfully you can trust LegalZoom to help keep you focused on the exciting part. LegalZoom helps business owners like you to take your first step and every step after. From reliable business formation to experienced guidance in legal and tax. Setting up your business properly and remaining compliant are things you want to get right from the get go. But you don't have to strain your brain or wallet. LegalZoom saves you from wasting hours making sense of the legal stuff. @legalzoom.com you can take care of business legal needs in just a few clicks and if you need some hands on help, their network of experienced attorneys from around the country has your background. Over the last 20 years LegalZoom helped start, run and protect millions of businesses. LegalZoom now you're in business. Launch, run and protect your business to make it Official [e-mail] and use promo code IHEART10 to get 10% off any LegalZoom business formation product excluding subscriptions and renewals. Expires 1231 24. Get everything you need from setup to [e-mail] and Use promo code IHEART10 legalzoom.com and use promo Code IHEART10. LegalZoom provides access to independent attorneys and self service tools. LegalZoom is not a law firm and does not provide legal advice except we're authorized through a subsidiary law firm, LZ Legal Services llc introducing Signals, the next generation of platforms for investors designed to elevate your trading strategy by giving access to insights used by Wall street pros to dominate the market. Signals uses its proprietary data of $70 billion in consumer spend across North America to spot market trends before they make the headlines. We bring you the alternative data that drives decisions at top hedge funds, allowing you to carve your own edge in the stock market. Join the insider circle who are already transforming their investment strategies. Visit joinsignals.com to start your free 14 day trial. No hidden fees, no gimmicks, just pure actionable insights. End your reliance on outdated information with signals. Invest like a pro. Make informed decisions swiftly and stay ahead of the curve. Uncover tomorrow's market moves with today's real time data. Visit joinsignals.com today. Gifting is hard, but here's a hint. Give the gift of connection from US Cellular. Not sure what that means. Here's a slightly more specific hint. You can choose four free phones and get four lines for $90 a month from US Cellular. Your family wants new phones. How do we know? They told us. The good news is that compared to wrapping presents, you're great at getting hints. So take the hint and get them four free phones and four lines for $90 a month US cellular built for us.

[Dr. Laurie Santos]

I think that there's a whole lot of permission in that for people who might not feel as though they've got all the extra cash to be aside for their kid, but yet that there are smart ways to be able to help our children if we can. And I appreciate that you've cushioned this as a. This is a luxury conversation to be having, but it can be done in some small ways too. So for those of us who do want to see our kids experiencing different levels of education around finances and maybe a different financial landscape and if we can make small choices that help them get there, what would you say those things are? If we want to set up our kids well financially, maybe even be able to experience that millionaire status at some point, what should we be focusing on now?

[Andy Hill]

Yeah, I would say to start off with, and I know you ladies talk about this a lot, is being savvy consumers themselves. So when you are out and about buying things, this is a great place to have a conversation with your kids. Talk to them about different prices, talk to them about what you value, talk to them about how it's important that you are making this choice on this purchase so that you can do these other things that you do value in your life. Those types of conversations are invaluable. So when you say, how do I teach my kids about money, do life with them, go out there and live life and then talk about money along the way. Because that's all money conversations really are. We're just using money as a tool to help us live our lives. So I would first start off with being open and honest and having conversations about money. Having that structure at home can be very valuable. Now, of course you can go way too far. Like, you know, hosting a podcast where you talk about money all the time, and then your kids tell you to shut up. But there's always levels, right?

[Jen]

My kids haven't gotten there yet.

[Andy Hill]

Yeah, exactly. Eventually, maybe eventually, Jen, you'll get there. But the next level really is putting money in their hands, allowing them to make mistakes with money. And I say it like proudly, it's okay to make mistakes with money, especially when you're a kid. If you make a $10 mistake at 12, it's a lot better than making a $10,000 mistake at 32. You know what I mean? Like, it's, let's get money in their hands so that they can learn about it, find what they value, and then, then they can have a better existence with money. And so how can you do that? You can do that through, like a chore and reward program at home. You want your kids to participate a little bit more around the house. Are there little ways that they can help out, Age appropriate ways for them to learn and help out? Because as they grow. We've been doing this with our kids since they were like 4 or 5. My daughter's now 12. These, these kids have not only learned ways to support our family here around the house, but they've earned money along the way. And now at age 10 and 12, my kids do their own laundry and they take care of it themselves. It's just like, I feel like I've raised smart, independent children that now have their own money and can make their own decisions. So whether it's a chore and reward program at home or encouraging kids to make their money, make their own money outside of the home, whether that could be like a lemonade stand, selling things on Facebook, Marketplace, or as they get older, into that sort of preteen or teen level, finding ways to make money outside the house, babysitting, cutting lawns, things like that, that type of autonomy is what kids crave. They, you know, having to go to mom or dad and saying, can I, Can I buy this thing? Is this okay? Can we afford this? Eventually, having their own money so they can make those decisions can be really empowering for kids. And it can become one of those things that's positively addicting. Like, I figured out that if I work hard, I can earn money, and then with that money, I can use it to be more independent, you know, and have some autonomy in my life. That is a great way to support your children as they're learning about money. And they're going to make mistakes along the way, and that's a good thing.

[Dr. Laurie Santos]

I imagine this is something that can build upon itself that there are age appropriate ways of approaching these types of conversations throughout childhood. But I'm curious if you've noticed Andy, whether there's kind of a sweet spot of age where this is really where they start to understand and lessons sink in and having money in their hands is helpful and valuable. What age range would you say is really excellent for kind of really dialing in on some of these money lessons?

[Andy Hill]

Yeah, I think you can get started talking about money and life conversations with kids as early as 3 or 4. Honestly this is a conversation that you can have. They get it. They'll start to get it even more now. Do they realize conversations around compound interest at 4 or 5? No.

[Dr. Laurie Santos]

But you know what, you could still have them, you know, might as well.

[Jen]

Yeah, they understand limits. Like they know there's a limit to how much money you can have. There's a limit to what we can consume. So yeah, I've had these conversations with my 5 year old since, you know, since he started wanting stuff.

[Andy Hill]

Absolutely. And a big conversation you probably do have too. Jen is around that concept of delayed gratification as well. I know we struggled a lot with that. When we started to put kid, put money in our kids hands, it became one of those things where it's like, I've got the money, I spend it, I got the money, I spend it. And so what we tried to put some guardrails around it said okay, yes, we're going to earn that money. Most of it that you bring in is going to go towards smart spending. You're going to have some fun with it because hey, that, that encourages you to want to earn more. Some of it's going to go to saving, some of it's going to go to investing and some of it's going to go to giving. So that's just a portion of each of it that helps them to put some guardrails around. All the money comes in. We're going to be able to help you to have a great now and enjoy the purchases and then also a great future as well, especially with the giving piece because we feel that that is a key secret to happiness for a lot of people. Having a little bit of your money set aside to give to people to make a difference in the world can really help you with that. That, that enjoyment of life and a big part of that delayed gratification too. We put some guardrails at least around our house. Just saying, okay, maybe two purchases a month, you know, would make sense because sometimes we found our kids buying something and they play with it for five minutes and then, you know, it's, it's new trash in the dumpster and then they want to buy something else right after. So if you can think about our evolved brains here now as we're having this conversation, kids do not have those evolved brains just quite yet. So we have to help them along and realize that there are limits to certain things and do that parenting, that's really important in the beginning.

[Dr. Laurie Santos]

Beyond the education and the just showing them how we do life and make money decisions, are there other specific things like for the parents who do have the little bit of extra cash to be setting aside, where do you recommend that they start putting that for their kids?

[Andy Hill]

Yeah, I would say if they have that extra money. And then again, it's important to make the kids a part of that process too. If you have the ability to support your kids with their investing journey, if they have earned income, a Roth IRA for kids is a fantastic place to put that money that can help you grow and help them to have a set retirement in their in their 60s and they're starting off investing in their man. Preteens or teens, that would be fantastic to help them with their retirement journey. Now if we're talking about other things with regard to long term investing goals, and that's what we like to talk about with kids with regard to investing. Investing is for real, really big things in the future and then saving is for sort of near term things that you want. So if you're able to have those types of conversations and break it down into that simple simplistic way, I think that helps kids because I often talk to my kids about investing and then they forget about it. But if I remind them and saying these are for really big stuff in the future and those big things could be retirement. College. College is a really big expensive thing that could be in the future, maybe even homeownership. You know, the way that home ownership is growing and the costs of it might be something we need to consider investing for in the future. Now a great avenue for a lot of this lately is with a 529 college savings account. You can invest with a 529 college savings account for future expenses for college or education. You can also go to trade school with it. You don't have to go to a four year university. And there's been some great changes recently in the US with regard to how you can use that 529 long term. Eventually you can roll some of it over if it's not all used for education purposes into a Roth IRA in the future for that individual child, not for yourself, but for that child. So there's a lot More flexibility with a 529 college savings account recently. So that's a good avenue to consider besides a Roth IRA for kids.

[Dr. Laurie Santos]

Cool.

[Jen]

Yeah. So what is the component outside of finances that makes this stick? Like that really ensures that our kids are going to even out after we stop teaching them about the finances. What do you think you found that really makes this like take hold for them and that they have been. Because clearly your kids, they're doing their laundry, you know, like.

[Andy Hill]

So that's my biggest victory.

[Jen]

Right. So like what, what do you think is the biggest thing that makes the sticks to make sure that our kids will make good use of their earned income and given money?

[Andy Hill]

Yeah, I would say it's two things. I would say it's a lot easier for your kids to continue to do these positive habits as long as you are personally demonstrating these positive habits too. If you say, hey kids, smoking's real bad, but you're smoking a cigarette every day, it's going to be hard to impart that advice long term. And I would say, secondly, I would say it's consistency, you know, making sure that you are supporting them along the way and keeping that message going and that's through communication. So if you have an open home where you're able to talk about wealth building money, you know, utilizing your resources in a smart way, values based, spending a lot of these types of conversations and you keep that dialogue open, they're going to want to find people in their lives as they move towards teenager and beyond that, adhere to some of those values. Values as well, and then they'll create community with those type of people and it will continue to live on. But I think if you're an example of those types of things and then you keep it an environment in your home where you're open and honest about those values that you have, I think you're setting your kids up for success.

[Dr. Laurie Santos]

A little bit of a curveball here. What about curious if you've run into this for maybe some of our friends who have older kids who they themselves are just starting to understand how to, how to spend better, how to align spending with their values. And so they've got teenagers who want all the new stuff. The teenagers, right. They're, I don't know many but they're, they're getting the high quality skincare and they want the really nice sneakers and, and a lot of times their friends are Getting that too. Like dealing with the things that we deal with as adults only without that fully developed brain yet, and maybe the responsibilities of rent and car insurance and all of these things, how can we. If we haven't been training our children from age three and now we're just starting at 13, 14, 15, what can be said? Please tell us it's not a lost cause.

[Andy Hill]

No, I don't think it's a lost cause. But I'll be honest with you, it's going to be harder than starting earlier like anything in life. Right? I mean, what we can do, though, if we're in that situation, let's say where we've got some teenage kids and maybe they're not doing chores around the house and they're a little entitled and they want to have the best sneakers because they feel like they deserve them. I think this is going to take an opportunity for 1% improvements. What can we do today to start making a little change? Okay, maybe saying, hey, you're all doing your own laundry right now, even though you haven't been doing it all. What can we do to add one little chore into the week? And this is maybe a family meeting. Hey, your husband and me, or my mom and me are feeling a little overwhelmed in the house. We need a little bit more support from you guys. We know that throwing a bunch of things at you at once is probably going to be our opportunity for failure. This is one thing that I need you to get done this week. And we're going to start having some conversations about ways that you guys can all support over time. But again, starting with communication and open conversation about it, instead of whining about the kids, let's make it a family conversation, then also modeling it. Right? Are you pitching in around the house and your kids are sitting around watching YouTube while you're doing a bunch of stuff? Okay, you've at least done your side. Now let's have some conversations about what we can all do to jump in. And again, it's not going to get perfect overnight. Just be happy with 1% improvements over time. But yes, this is definitely worth it long term because then you're creating kids that don't feel entitled, that understand the value of money, that know that if they really want something, they should work hard for it, because that's what life is really.

[Dr. Laurie Santos]

Yeah. Yeah. I think I've been reminded recently that we can pick up life skills even later in life. It's okay if we didn't learn how to cook, how to clean when we were 12 we can learn it now. We can learn how to spend better. We can learn what our own values are. We can shift some of these habits. So that's been encouraging for me, too. But yeah, it's similar conversation to, I think, getting a spouse on board. How do I get my kids on board? How do I get a teen on board? And I think you're really highlighting the importance, important piece of. We've got to do it first. We've got to model it and then be invitational with it. Invite your kids, your spouse into it. Find ways that are going to connect with them, make sense to them, maybe even be motivational for them. So, yeah, thanks for your encouragement and hope offered.

[Andy Hill]

Absolutely.

[Jen]

And you know what? I gives me a lot of hope, everyone. Even for teenagers, I think even for teenagers, they would find hope in this.

[Dr. Laurie Santos]

The bill of the week.

[Andy Hill]

That's right. It's time for the best minute of your entire week. Maybe a baby was born and his name is William. Maybe you paid off your mortgage, maybe your car died and you're happy to not have to pay that bill anymore. Duck bills, Buffalo Bills, Bill Clinton. This is the bill of the week. You got me good there.

[Jen]

I know.

[Andy Hill]

I was waiting for something.

[Jen]

Andy, every week we yell at our guests and ask them to share with us their bill of the week and we leave it very vague. And I know that you have one for us.

[Andy Hill]

Oh, yes, I definitely do. Yes. My bill of the week lately, and it's pretty, pretty new to me, is doing a dinner meal kit to the house. And it has been money well spent. And I'll tell you why. Talk about modeling. I wanted to be more, I guess, a better husband. And I definitely noticed that the making of dinner has been more on my wife's plate over the past. Oh, guess we've been married for 14 years. 14 years. And I said, okay, what can I do to do better at this? Because you try your best and then you run out of time or you run out of ingredients. You don't have ideas. And the dinners that you do make kind of fall flat. So I said, hey, I'm going to splurge a little bit and get this meal kit. And it's actually not much more than I thought it was going to be. So the value is really great. And the benefit of it is that it comes with a healthy ingredient list and they send it all to you and then you're making this thing in about 30 minutes. And, man, I've made a happier wife and we're all eating healthier and it's been fantastic.

[Jen]

I would highly recommend eating the food.

[Andy Hill]

And actually eating the food. That's the other thing, because we do go to the grocery store. I'll buy the things, and then by the time I'm ready to make it, it's gone bad. And so there's a lot of waste. So this is sort of like a hybrid version of not eating out as much and then going to the grocery store and then buying stuff that we don't actually cook. So I like it.

[Dr. Laurie Santos]

I love this, too, because I think we absolutely can pay for convenience, especially when it brings about some of our core principles of simplicity and efficiency and honoring our season of life. It's recognizing where you're at right now. You've got kids, life is busy. But yet you have this greater goal of contributing, eating healthy, eating at home. And it's hitting all of those things and to the life skills piece. Right? We don't. We don't all come. We don't come out of the womb knowing really anything. And some of us know less than others by the time we're into adulthood. And cooking for many of us is one of those things. And I gotta imagine that you're learning ingredients and how to pair it together and different cooking skills that eventually, who knows, maybe you will become creative and cook your own meals. But for now, for learning, for building a skill, for efficiency and all these other goals that you have, here it is. It's a bill you don't mind paying. I just. I love it so much. And I think I can't emphasize this enough because so often frugality does get paired with. It's the race to the bottom. You do everything yourself. Everything needs to be as inexpensive as possible. And, like, that's not it. That's not where it's at. Sometimes we adjust our spending to align with all of our higher, more important goals. And you're doing that. This is a perfect example. So. Thanks, Andy.

[Andy Hill]

Yeah. I even used the word splurge, which was like. I feel like that's even the wrong word for it. It's like, this is something that brings value to me and my family, and it hits an important thing that I need right now. So.

[Jen]

Well, we're. We're just. We're conditioned to believe that bare minimum is the only acceptable expense, and anything above that is a luxury, when sometimes the goal isn't to eliminate spending, it's to just maybe lessen it or to align it. Maybe we're spending the same exact amount, but we're spending it in different places. So there's. The story is just going to be different for everyone. And I think as frugal people, we can be judgmental about how other people spend their money. And I think, I hope we're just trying to lessen that with our frugal friends, listeners.

[Andy Hill]

Yeah, absolutely. And probably most judgmental of ourselves, you know.

[Jen]

Exactly. The people who are most judgmental of others are typically most judgmental of themselves.

[Andy Hill]

Yeah. Yeah. Well, I'm working on it. Thank you.

[Dr. Laurie Santos]

If you all listening, have a bill that you want to share. If it has to do with the ways in which you are honoring your season, creating efficiency and simplicity and values based spending, or if your name is Bill and you just found yourself here and you didn't know why, now you do. Frugalfriendspodcast.com Bill, leave us your bill. Talk about being Bill. We can't wait to hear it.

[Kisan Patel]

Hey, it's Alicia. When people tell me, wow, you have such beautiful skin, for a second I say, who are you talking to? Because I never did. Key Soul Care is a holistic beauty and skincare line I created working with a leading dermatologist. I'm so proud of these product offerings because they're all about caring for the whole self inside and out. Nourish your skin, nurture your soul.

[Dr. Laurie Santos]

Try clinically proven Skincare From Alicia Keys.

[Jen]

With 2025 off your first purchase at keyssoulcare.com using code GLOW on air, M.

[Alicia Keys]

A can get chaotic. Between due diligence, integration, and everything in between. It's easy to feel like you're drowning in the details. I'm Kisan Patel, host of M and A Science, the weekly podcast that cuts through the confusion. Every week I sit down with M and A pros who faced it all. The challenges, curveballs and lessons learned the hard way. No buzzwords, no theories, just real actionable advice from people in the trenches. From keeping deals on track to managing integrations without losing your sanity. Each episode is straight up practical insight. What works, what doesn't, and how to simplify your own MA process. Wherever you are in the deal cycle, want to close the next deal with confidence? Tune in to MA Science. No fluff, just real talk about what it takes to close deals. Listen on your favorite podcast app. Here's to the deal.

[Jill]

Introducing Signals, the next generation of platforms for investors designed to elevate your trading strategy by giving access to insights. Used by Wall street pros to dominate the market. Signals uses its proprietary data of $70 billion in consumer spend across North America to spot market trends before they make the headlines. We bring you the alternative data that drives decisions at top hedge funds, allowing you to carve your own edge in the stock market. Join the insider circle who are already transforming their investment strategies. Visit joinsignals.com start your free 14 day trial. No hidden fees, no gimmicks, just pure actionable insights. End your reliance on outdated information with signals. Invest like a pro. Make informed decisions swiftly and stay ahead of the curve. Uncover tomorrow's market moves with today's real time data. Visit joinsignals.com today Gifting is hard, but here's a hint. Give the gift of connection from US Cellular. Not sure what that means? Here's a slightly more specific hint. You can choose four free phones and get four lines for $90 a month from US Cellular. Your family wants new phones. How do we know? They told us. The good news is that compared to wrapping presents, you're great at getting hints. So take the hint and get them. Four free phones and four lines for $90 a month. US Cellular built for us.

[Andy Hill]

For many of us, the holiday season means more travel, more shopping, more time online and more of your personal information in more places you can't control. It only takes one innocent mistake, even if it's not your mistake, to expose you to identity theft. Not to worry. Lifelock monitors hundreds of millions of data points every second and alerts you to threats you could miss by yourself. Even if you keep an eye on your bank and credit card statements, if your identity is stolen, your own US based restoration specialist will fix it, guaranteed. The last thing you want to do this holiday season is face drained accounts, fraudulent loans or other financial losses from identity theft all alone. Gift yourself the peace of mind that comes with LifeLock and spend more time doing more of the holiday things you love. Visit lifelock.com iheart and save up to 40% your first year. That's 40% [e-mail] iheart LifeLock for the threats you can't control.

[Dr. Laurie Santos]

And now it's time for the lightning round.

[Jen]

All right, Andy, we will all answer this. This is the vulnerability round. What do you believe is a simple money lesson every child should learn?

[Andy Hill]

A simple money lesson every child should learn, I would say the ability to have delayed gratification. I know I'm going to probably use that one again, but if we are talking about ways to become savvy consumers and learning that all of our joy doesn't need to come from the stuff we're told we need to be buying, I think it's a great lesson to learn Early.

[Jen]

Yes.

[Dr. Laurie Santos]

That's a hard one, though.

[Jen]

It's all hard.

[Andy Hill]

It's hard for it all, you know.

[Jen]

Yeah.

[Dr. Laurie Santos]

Especially for a little baby brain. Good things are hard for my brain. Think about babies.

[Andy Hill]

It's very important to train, though. And it's.

[Jen]

Well, you're not teaching delayed gratification with something. Okay. Jill, to baby different. The answer says child honestly, like anyone.

[Dr. Laurie Santos]

Under 20 is a baby to me.

[Andy Hill]

I love it.

[Jen]

Jill, you're next.

[Dr. Laurie Santos]

I would say the value of all resources. So recognizing the value of friendship and resources as well as money, kind of how to manage all of these pieces? Well, I don't. I can't say that's totally simple, but I do think that there's simple ways of instilling that.

[Jen]

Yes.

[Dr. Laurie Santos]

What would you say?

[Jen]

I mentioned it earlier, but I'm going to stick with limits. Teaching a child that there is a limit to how much you can consume. There's a limit to what we can buy and you can increase those limits. Like the limits can be increased, but the limit will still be there because in adulthood you can earn more, but you cannot have more than what is currently in your bank account. So it's a thing that I think a lot of adults don't comprehend. So I think that has been my goal with Kai, at least Atlas does not acknowledge limits.

[Dr. Laurie Santos]

He's still baby brain.

[Jen]

He is a tyrant.

[Dr. Laurie Santos]

So I don't want to be on the counter. This is my new bed.

[Jen]

Yeah. I'm gonna have to figure out maybe something. A different strategy with him. But Kai, that has been something I've tried to.

[Dr. Laurie Santos]

Can you give an example? I'm putting you on the spot how you've highlighted a limit with Kai.

[Jen]

So we'll go. If I am rewarding him with something at target, I will say that there is a $10 limit or a $20 limit. There's also. The limit is based on how big the thing is he did to like achieve the reward. So when he was screaming and crying for three weeks of the first three weeks of kindergarten, that was a big. The limit for that Reward was bigger.

[Dr. Laurie Santos]

$500 reward, right.

[Jen]

Well, I said for. If you go one day, then it's a five. You get a gift. It's a five dollar limit. If you go in the whole week, then we up that. I think it was like 25 or something. So the limit increases the harder the task is. And then we would go through and he would look at the numbers and he doesn't know decimals yet, but he could see the first number and see is it 35? Is it 15? If it's 15, then we can, you know, also get a five things. So can you. You want more things or one bigger thing? And usually he wants more. So. So yeah, that has been a way that we've talked it out.

[Dr. Laurie Santos]

Nice.

[Andy Hill]

I love that.

[Dr. Laurie Santos]

Thanks for humoring me. And thank you, Andy, for humoring us, enlightening us and educating us. There's so much more to be said on this topic. So where can people get more from you?

[Andy Hill]

Yeah, I love talking about this topic. Actually created a course based on it. It's called Make My Kid a Millionaire. I actually have a free resource for your audience that is a section about the 60, 40 generational wealth plan that we talk about, you know, and breaking that down to make things a little easier for kids. And you can find [e-mail] Jen and Jill that's marriagekidsandmoney.com Jen and jill that's a free resource for everybody to check out.

[Dr. Laurie Santos]

Hey, thanks.

[Andy Hill]

And if you like listening to podcasts, I've got one too. It's called Marriage, Kids and Money. I actually have my kids on the podcast and we talk about these types of things. I have my 12 year old on and we talk about budgeting and investing and planning and the things that she values as well. And my son comes on and talks about good news stories that are happening out there where people are giving back and supporting their community. So you can check that out at Marriage, Kids and Money.

[Jen]

That's lovely. Thank you, Andy. And we'll have that link in our show notes. So it's an easy click for you guys all to get that freebie.

[Andy Hill]

Thank you so much.

[Jen]

I very much appreciated where this conversation went because I'm glad we started it out with your question, Jill. It's a, it's a question like I have too, even with kids, what is that line between setting my kids up for success but also holding the responsibility of what they do with that success or how much they have a responsibility to create their own success, not robbing.

[Dr. Laurie Santos]

Them from opportunities for growth, because really difficulties are just that, opportunities for learning. And so I think sometimes I can equate setting a child up with a lot of money as rescuing them from any type of struggle. And I think Andy helped to clear up that that doesn't have to be the case. We can still allow our kids to experience what it's like to earn, to work, to understand boundaries and limitations while still being kind and loving to them. And in some ways that means Financially kind and loving, too.

[Jen]

Yeah. And Andy's course is fully aligned with what we talked about on the show. Like no curveballs. It does really focus on all these peripheral things around investing for your child. Not just how to set up the right Roth IRA or 529 to like grow them into a millionaire, but a lot on the chore and reward and the mindset, like teaching those kinds of things. So I really love it. You can get it and the freebie@marriage kidsandmoney.com JennAngel but we would recommend it even if you use that link. You do support the show. We would recommend it even if you just got it from his website at Marriage Kids.

[Dr. Laurie Santos]

But it is free if you. If you use that link.

[Jen]

Yeah, the course is not free, but the course is very reasonably priced. I think it's like 150 bucks.

[Dr. Laurie Santos]

Okay.

[Jen]

So, yeah, I hope that this helped you whether you have young kids, older kids thinking about having kids. Maybe you're an auntie and you want to help your nephews and nieces learn more about money. Hope this helped you get some ideas for that.

[Dr. Laurie Santos]

Thanks so much everyone for listening. And thank you to those of you who have left us a review in the past. Like this one from AMO7510 says, Fun and easy listen. 5 stars. This is a great one to have on when doing chores, driving kids around, et cetera. Their style. Feels like you're listening in with friends. Deaf recommend. Thank you. This is what I would hope people are doing.

[Jen]

This is driving around. This is an episode to drive around with your kids with.

[Dr. Laurie Santos]

It's funny because I have told all of our guests as they come on, have started to add in, like, oh, we're also a non explicit show because we know there are those of you out there driving around with your kids and maybe your kids are picking up on what we're talking about here. You don't have to be the expert talking to them. You can just listen to podcasts about money within their vicinity. And we really want this to be potentially even an accessibility point for the kids that you have in the car. So it is important for us to make it kid friendly. That said, the playlist that we directed you all to might not be as kid friendly. So buyer beware.

[Jen]

I will. Well, I'll say most of my side of the playlist is fine. And I would say most, not 180%. I got 80.

[Andy Hill]

20.

[Dr. Laurie Santos]

You do.

[Jen]

And Jill says 20 80. So yeah, the have your headphones.

[Dr. Laurie Santos]

The parameters for it were what were you Listening to while you wrote that.

[Jen]

True. Those were the print and a peek, like, into our actual personal, like, preferences.

[Dr. Laurie Santos]

Yeah.

[Jen]

So, yeah. Thank you.

[Dr. Laurie Santos]

It'll be all over the map for me.

[Jen]

Thank you for listening. If you enjoyed the show, please take a minute to leave a rating and review. It helps potential new listeners know what our show is all about. And we just. We love being encouraged by you. It fills our cup.

[Dr. Laurie Santos]

See you next time.

[Jen]

Bye. Frugal Friends is produced by Eric Sirianni. The making of this soundtrack is. Was so fun for me.

[Dr. Laurie Santos]

I. I realized any distraction from the rest of work.

[Jen]

I know, right? It. We did not need to do it. It's not going to help us sell books.

[Dr. Laurie Santos]

Probably maybe watch.

[Jen]

Maybe watch. If you. If you buy it after listening to the soundtrack, please let me know. And it. People are always, like, hungry for more of you. Like, but you don't know, like, how much to give.

[Dr. Laurie Santos]

Right.

[Jen]

Like, what's the line? What's the balance? And this is a good. This is a good way to, like, this is what I listen to in my car. And you could be listening to it in your car and we can feel connected.

[Dr. Laurie Santos]

Yeah, it's usually what I'm listening to when I'm doing chores. I did listen to soft music while writing the book, so maybe I'll throw that in there too, just to balance it out. It really will be all over the place. But you know what? You'll get it because I'm a little.

[Jen]

All over the place and you'll. I'm scared this will alienate some of our listeners to being like, oh, I'm definitely a Jill. I can't relate as much with Jen. Her playlist is. It's not mellow. It's. I mean, I think it's well rounded.

[Dr. Laurie Santos]

I mean, mine's gonna be all over the map. So it could mean that, like, I capture a lot of different people because.

[Jen]

That'S what I'm thinking. Mine's for sure. Cool. It is for a select, like, musical preference. And yours will gather a wider group.

[Dr. Laurie Santos]

Did you think about the order in which you went with your songs?

[Jen]

A little, but not much. If you listen to it, I want to listen to yours. Except I know there's going to be a song from Petey on there, and I'm not a huge fan of Petey.

[Dr. Laurie Santos]

Have you listened?

[Jen]

Yes. Were your ears.

[Dr. Laurie Santos]

Oh, no.

[Jen]

I will listen to the one song you put on your playlist, though, from Petey.

[Dr. Laurie Santos]

I will probably think about order.

[Jen]

I didn't have to worry, though, about thinking, oh, should I Put this on. Will Jill pick this? I didn't have to think about that for any of the songs I picked.

[Dr. Laurie Santos]

Are you sure?

[Jen]

Absolutely.

[Dr. Laurie Santos]

So you didn't put Yummy by Justin Bieber on there?

[Jen]

No, I do love that one. That is kind of our theme song, but it's not what I was listening to in the season while I was writing the book. I don't listen to music with words while I'm writing, but I'm just, like, in the car doing chores.

[Dr. Laurie Santos]

My Spotify wrapped for last year, Actually, I think you and I got a similar result. It called us both vampires.

[Jen]

Yes, it did, because.

[Dr. Laurie Santos]

Well, at least for me, I pretty much listen to, like, the same thing and I suck it dry.

[Jen]

Yeah.

[Dr. Laurie Santos]

Oh.

[Jen]

I was in the top half percent of listeners for Fallout Boy. I listened to more Fallout Boy than almost anyone other than Pete Wentz.

[Dr. Laurie Santos]

A way that Eric, my husband, has influenced me is by album listening, not just song listening. So even creating a playlist is a little bit different for me in the last, like, 10 years. But, I mean, definitely hails back to the college high school days when, like, playlists were all the rage. But it is hard for me just to pick a song because I'm very much. I really like this album. Listen to the whole album.

[Jen]

Well, just give your favorite song from the album and then people will go to the album. Yeah. It's not that I'm a mega Fall Out Boy fan, it's just that it's really good running music. Oh. So I listened. Yeah, I did a lot of. I mean, I ran a half marathon last year, so I did a lot of training.

[Dr. Laurie Santos]

Yeah.

[Jen]

And I listened to almost exclusively Fall Out Boy when I run, and that is why I'm in their top. I think Noah Khan is probably what I listened to the most last year when I wasn't running. So that's. That's last year, though. There. There is, though, because I was writing last year, there is a Fall Out Boy song and a Noah Kahn song song on my playlist. Gotta. Had to put them in there.

[Dr. Laurie Santos]

Well, gotta get the playlist to hear. You. Gotta podcast.com playlist.

[Jen]

Yeah. This one's free. No opt in, no email required. Just.

[Dr. Laurie Santos]

Oh, wow.

[Jen]

You're just giving it away. Yeah. Wow.

[Dr. Laurie Santos]

And then if you do listen, please pre order the book. Join us. Join us in pre ordering the book to connect with us through what we were listening to at the time.

[Andy Hill]

Yeah.

[Jen]

This message comes from Greenlight. Ready to start talking to your kids about financial literacy? Meet Greenlight. The debit card and money app that teaches kids and teens how to earn, save, spend wisely and invest with your guardrails in place with Greenlight, you can send money to kids instantly, set up chores automate allowance and keep an eye on your kids spending with real time notifications. Join millions of parents and kids building healthy financial habits together on Greenlight. Sign up for Greenlight [e-mail] iheart hey, come on in. Small Business Saturday is right around the corner, and so was that shop you've been meaning to check out on November 30th. Support your local community by shopping small on Small Business Saturday. Founded by American Express. Pick up a new outfit, a handmade gift, some vintage vinyl, maybe even some local local tea.

[Dr. Laurie Santos]

Thanks so much. See you soon.

[Jen]

Shop on small business Saturday, November 30th. That's the powerful packing of American Express.

[Kisan Patel]

Wow.

[Dr. Laurie Santos]

What is this place?

[Kisan Patel]

Welcome to Cloud 9.

[Dr. Laurie Santos]

How exactly did I get here?

[Kisan Patel]

You're a Toyota Crown driver, and only Crown drivers ever reach this level of pure bliss. The refined but elegant design makes you sit up a little straight. It gives you a rush of confidence as soon as you're behind the wheel and a feeling of all eyes on you. That's how the Crown transports you here. It's pretty awesome, right?

[Jill]

The captivating Toyota Crown Family Toyota let's go places.

[Dr. Laurie Santos]

There's joy to be had in finding the perfect gifts for the ones you love, and Saks.com's holiday gift guide can make it easy. Whether it's surprising your hard to shop for sister with a Chloe bracelet bag.

[Andy Hill]

Or gifting your partner a memorable scent.

[Dr. Laurie Santos]

From Gucci that matches their personality, Saks.com's handpicked guide can help take the stress out of the holidays, like adding instant cheer to your home with bright decor or giving yourself some comfort by bundling up in a scarf coat from Tatem. Find gifts guaranteed to bring joy to.

[Andy Hill]

Everyone this [e-mail] at Amica Insurance, we.

[Jill]

Know it's more than just a car or a house.

[Andy Hill]

It's the four wheels that get you.

[Jill]

Where you're going and the four walls that welcome you home. When you combine auto and home insurance with Amica, we'll help protect it all. And the more you cover, the more you can save. Amica Empathy is our best policy.