113. How to Teach Kids Money: Allowance, Saving, and Investing with Dee from Kids Money Academy

In this episode, Sarah sits down with Dee Komaromi (CPA and founder of Kids Money Academy) to talk about practical, doable ways to raise money-smart kids without making money a scary or taboo topic. Dee breaks down her age-based allowance approach, the Save/Spend/Give jar system, and the mindset shift that helps parents stop saying “no” and start teaching kids how to plan and save.You’ll also hear Dee explain common accounts parents ask about (like 529 college savings plans, UTMA/UGMA brokerage accounts, and custodial Roth IRAs), plus when it makes sense to introduce investing as kids get older. If you want a simple system that builds financial confidence for your kids (and reduces arguments at home), this conversation is for you.What you’ll learnA simple allowance rule of thumb (and why it should not be tied to chores)How the Save / Spend / Give jars build decision-making skillsThe best way to answer kids when they want something at the storeWhen to add an investing jar and how to use investing as a learning “sandbox”The difference between 529 plans and UTMA/UGMA accounts (and what to consider for each)Why parents should prioritize retirement planning (and how it helps kids long-term)Connect with DeeKids Money Academy: http://kidsmoneyacademy.comInstagram: https://www.instagram.com/kidsmoneyacademy/Email: [email protected] you for listening to Creating Sunshine! Your support means the world to me, and I'm so grateful you're part of this community.If this episode resonated with you, I'd love it if you could take a moment to rate and review the show on your favorite podcast platform. Your reviews help other listeners discover Creating Sunshine and find the encouragement they need on their own journeys.Don't forget to hit that follow button so you never miss an episode- there's so much more sunshine to create together!Let's stay connected:Your Next Chapter (1:1 Mindset Coaching)Follow me on InstagramShop my cups on InstagramJoin my email listMindset Reset ChallengeGet your free Sunshine Moments downloadRemember, even in the darkest moments, there's always a way to create a little sunshine. Until next time, keep shining bright!