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BizKid$ Successful Money Management

 

BizKid$ Mentality
Earn! Save! Invest!

BizKid$ Successful Money Management

 

The Money Nerve is proud to introduce the BizKid$ vision as shared by Jeannine Glista. This popular show explores “successful money management” at a young age. Jeannine is the Co-Creator and Executive Producer of BizKid$, a national public TV series that teaches kids about money and business.

Many adults feel that everyone else has the secret to managing money and think they are the only ones who missed the boat! But, in fact, many adults are searching for the right recipe to achieve financial success. Jeannine’s popular TV show and the recently published book, How To Turn $100 into $1 Million provides insight, humor and real-world financial info for budding middle school entrepreneurs. The book shares personal stories and inspirational tips how to start a business, grow that one-person company, run that business, and how to manage their money.

Encouraging Students to Manage Money

I had the pleasure of speaking with Jeannine, and she is passionate about encouraging Students/children to think about money, finding and keeping their first job, managing money, and learning to balance bills and spending habits.

You know! All those incredibly useful skills that no one has taught people until they hit their 30’s and 40’s. We could all use a bit of that BizKid$ mentality for successful money management!

Jeannine says, “Today’s students have an immense amount of peer pressure to fit in with their friends while being bombarded by advertising that the ultimate goal in life is to consume the latest fad and get “more stuff.”

Pay Yourself First

She adds, “One of the most important concepts you can teach kids is to pay themselves first. No matter where the money comes from, instruct kids to save a certain percentage or dollar amount first and then, they can spend their money. These paychecks can also be divided between saving, giving and spending.”

One of the major principles of this book, How To Turn $100 into $1 Million explores how money can open up more options in life, and that life is not about acquiring materials things. The end goal is to create a stable lifestyle. And that perspective applies to students at age 14 just as readily as it does to working adults!

Making Smart Choices

One smart tool Jeannine recommends for many parents is the app GREEN LIGHT. Parents load money via the app to a custom debit card for their children to use. It is a practical vehicle for making purchases while giving kids a safe place to practice saving & spending their money. They will make mistakes, and they will run out of money from time to time – Hold your ground! Let your children learn the hard lessons. It’s okay. Everyone makes mistakes, and they can learn on a small scale how to manage their money, even when they don’t have enough money to buy an ice cream cone in social situations.

Another tool for creating a positive mindset toward financial habits is to help children internalize their goals. Making each penny count toward something special teaches children to set goals and learn that small persistent steps CAN let them what they want.

And, last, encourage your children to explore gratitude and become more aware of the goodness of life. It can be a game-changer!

About Jeannine Glista

BizKid$ The Money Nerve
Jeannine Glista

Jeannine is an independent media producer with a special focus on social innovation projects.  She’s best known as Co-Creator and Executive Producer of Biz Kid$, a national public TV series that teaches kids about money and business.  Biz Kid$ is the recipient of two Daytime Emmy Awards (13 times nominated), an Environmental Media Award, a Silver Telly Award, two Parents’ Choice Awards, and more.  Her latest project, The Urban Homesteader, aims to expand urban sustainability by showing how to turn a small urban space into a modern homestead.  Jeannine brings over 20 years of production and project management experience in the fields of educational broadcasting, marketing and communications.

Jeannine’s current focus is business development and product extensions including publications, commercial distribution and licensing opportunities. The book, $100 to $1,000,000: Earn! Save! Invest! is a comprehensive guide for kids to the basics of earning, saving, spending, and investing money.

$100 to $1,000,000: Earn! Save! Invest!

(by James McKenna,‎ Jeannine Glista,‎ and Matt Fontaine) is available HERE