1KHO 751: Kids Need More Practice With Money | Dr. Stephen Day, Teach a Kid to Save

The 1000 Hours Outside Podcast

Ginny Yurich

Kids & Family, Parenting

4.8 • 2.3K Ratings

🗓️ 28 March 2026

⏱️ 58 minutes

🔗️ Recording | iTunes | RSS

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Summary

Money habits do not magically appear at eighteen, and in this warm, practical conversation, Ginny Yurich sits down with Dr. Stephen Day—author of Teach a Kid to Save—to talk about how families can help kids learn stewardship, saving, work, patience, generosity, and wise decision-making long before adulthood. What makes this episode so refreshing is that it is not just about chores, allowance, or percentages—it is about building a tiny household economy where kids get real practice making choices, creating value, setting goals, solving problems, and understanding that money is deeply connected to character and the good life. If you have ever wondered how to raise kids who are thoughtful, capable, and not ruled by impulse, this episode will give you a hopeful, hands-on framework you can actually use. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Now, are all the traitors present?
0:02.0	Let's get started, shall we?
0:04.0	From rags to riches.
0:06.0	I'm so sick of this.
0:07.0	Working like a dog and being treated worse.
0:09.0	Yorkshire to New York.
0:10.0	Poor climbers, you and me.
0:12.0	A life dedicated to revenge.
0:14.0	Let's make this an occasion to remember.
0:17.0	A Woman of Substance on Channel 4.
0:19.0	Welcome to the 1000 Hours Outside podcast.
0:22.3	My name is Ginny Urge and the founder of 1000 Hours Outside.
0:24.9	We're going to be talking about like an actually critically important thing today that we don't really talk about too much or know how to figure out, which is teaching our kids how to handle money.
0:34.4	And the author of Teach a Kid to Save, a fun, hands-on approach to building
0:38.8	smart money habits. Stephen Day is here. Welcome, Steven. Hi, Jeannie. Thanks so much for having me. Okay, so this is a wild thing. I started to read your book. It's called Teach a Kid to Save. And I'm like, okay, well, this is good. Like, you know, we've got five kids. It probably should teach them to save. And it goes into this whole thing about like a mini society. And we totally did that. Like in elementary school, it's probably one of my favorite parts of elementary school was we had a mini society. Started in the third grade. You can do it in third, fourth, and fifth grade. And like in third grade, our teacher was Mrs. G-horn. And so we had these G-bucks. And like everybody had a classroom job. You know, I'm like some people's was just to make sure the lights were turned off. And like, some people was it was a treasurer. And it was like a whole thing. And then you could sell stuff. Like people would make those like colored sand. And then they would like put in jars and like have all these you know it's like
1:27.9	people sold food I mean it was like the best one of the best parts there would be the tables lined up
1:34.4	down the hallways like in the whole school and you could go shop with your G bucks anyway I was so I
1:40.2	open I that's not what I was expecting the book to be about and I opened opened it up and I was like, this is a total flashback to my childhood.
1:45.8	Can you give a little bit of backstory here?
1:47.5	Because possibly the teachers at this school in Plymouth, Michigan learned about it from your dad.
1:53.9	Yeah.
1:54.3	And so that's kind of the origin story.
	...

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