Ep 73: Raising Kids Who Understand Money: Teens + College Students

by Financial Design Studio, Inc. / April 9, 2026

As your teen or college student begins to make their own money, you want to continue to teach them wisdom with their money. In this episode, we cover finding a job and eventually a career, banking and credit cards, and how plan for big savings goals.

Take a listen right here, or watch the video on YouTube!

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Timestamps

1:35 How to start earning money as a teen

4:25 How to find a career as a college student

9:43 Introducing them to banking, credit cards, and debt

17:18 How to budget and save for goals

28:58 Should parents pay for college, camps, etc?

31:48 How to save for retirement, house purchase, etc.

41:18 How much support is too much from parents?

45:08 What have you learned teaching kids about money?

Credits for Episode 73

Host: Michelle Smalenberger, CFP®

Guest: Lisa Gottschalk

Executive Producer: Anna Lewis

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