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The Carpool with Kelly and Lizz

TEACHING YOUR KIDS ABOUT MONEY w/ RACHEL CRUZE

The Carpool with Kelly and Lizz

The Car Mom LLC / tentwentytwo Projects

Kids & Family, Automotive, Parenting, Leisure

53.5K Ratings

🗓️ 30 January 2025

⏱️ 39 minutes

🧾️ Download transcript

Summary

Kelly and Lizz have a BIG show for you this week with finance expert Rachel Cruze! But before they get there, Kelly has a big update on Fred's birthday. Remember when she said she wasn't going to throw him a birthday party? Plans have now been made and there will be a party. Kelly is hoping this will be an opportunity for her to be a better hostess for her family. She even found a local baker to make the cake! Of course it will never be as good as her mother-in-laws carrot cake but it will serve the purpose of this party.  But the big story in today's episode is, of course, Kelly and Lizz's chat with Rachel Cruze! They discuss what it was like growing up the daughter of Dave Ramsey and how they taught her about money at an early age. She talks about when is the right time to introduce money and allowances to your kids and how to do it. Plus, how involved are parents allowed to be in their teenagers and adult children's financial decisions? Of course, they couldn't let Rachel go without getting her favorite Ditch the Drive-Thru recipe: white sauce pasta.  CLICK HERE to get Rachel's children's books and follow her on Instagram @rachelcruz. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:04.8

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0:12.5

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0:17.5

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0:22.0

Shopify is made for entrepreneurs like you.

0:24.5

Sign up for your $1 a month trial at Shopify.com slash setup.

0:33.4

Welcome to the Carpool podcast with Kelly.

0:37.0

Being a good parent is raising kids that don't need you that like want to leave you.

0:40.7

And that's like crazy.

0:42.4

But that's true.

0:43.1

That's true.

0:44.6

If your kids want to leave you and want to move out, that means you actually did a good job.

0:48.8

And Liz.

0:50.4

Love a book with a lesson.

0:52.1

I'll read some of these children's books and I'm like, what did we accomplish?

0:55.3

Where is this going?

0:56.7

What did I just read?

0:58.8

Your mom time off starts now.

1:03.4

Welcome back to the Carpool podcast with Kelly and Liz.

1:06.6

And boy, do we have a show for you?

1:08.9

Do we ever?

1:10.0

We have a guest.

...

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