Teaching Kids About Money with Fexingo: Financial Literacy for Children and Families

Lucas and Luna explore compound interest through the lens of a single penny doubled every day for 30 days. They break down why this classic classroom example actually works as a teaching tool for kids and what it reveals about patience, exponential growth, and long-term investing. Lucas brings real numbers: a penny doubled daily reaches over $5 million by day 30. Luna challenges whether the exampl...

In this episode of Teaching Kids About Money with Fexingo, Lucas and Luna explore how a simple bicycle loan can teach children the fundamentals of debt, interest, and repayment. They discuss a real example of a parent lending $50 to a 10-year-old for a bike repair, with a 10% interest charge over two months. The hosts break down how this tangible experience builds understanding of principal, inter...

In this episode of Teaching Kids About Money with Fexingo, Lucas and Luna explore how a simple grocery list can teach children the difference between wants and needs. Using the example of a family shopping trip where a child must choose between a favorite cereal and a more nutritious option, they discuss how this everyday decision introduces core budgeting concepts. The hosts share practical tips...

Lucas and Luna explore the classic family birthday party budget, using a real example: a 10-year-old with a $50 budget to feed five friends at a pizza place. They walk through the hidden costs — drink upsells, tip expectations, delivery versus pickup — and show how the same decision-making translates directly to household budgeting. Lucas references a 2025 study from the University of Cambridge's...

Lucas and Luna explore how a real-world toy shortage — the 2024 Squishmallow frenzy — can teach kids the basics of supply and demand. They break down why prices spiked on resale platforms, how scarcity affects value, and what parents can say when a child asks 'Why is this toy so expensive?' Using the example of a popular stuffed animal, they show how to turn a frustrating shopping trip into a less...

Today Lucas and Luna explore opportunity cost through a simple but powerful example: asking a child to choose between a trip to the zoo and a new video game. They break down how kids intuitively grasp trade-offs when framed with clear alternatives, and how parents can use concrete, age-appropriate scenarios to teach the concept without lectures. Lucas shares a specific study from behavioral econom...

Lucas and Luna explore how a simple chore chart can teach kids the connection between work and money. Using a real example of the Dulaney family's 'commission-based' allowance system from Baltimore, they break down why tying payment to specific tasks—rather than entitlement—builds financial cause-and-effect thinking in children ages 6 to 12. Lucas explains the research behind 'earned income vs. un...

In this episode of Teaching Kids About Money with Fexingo, Lucas and Luna explore how a stock market simulator can teach children the fundamentals of investing without putting real money at risk. They walk through a concrete example: a parent sets up a free virtual portfolio for a 10-year-old using a low-fee ETF like VOO (Vanguard S&P 500 ETF). Lucas explains how kids naturally learn about volatil...

In this episode of Teaching Kids About Money with Fexingo, Lucas and Luna explore how to explain inflation to children using a simple birthday candle analogy. They share a real-life story of a parent who bought candles for $1.50 in 2020 and saw the price jump to $2.50 by 2025, sparking a conversation about why things cost more over time. The hosts break down how to frame inflation as a natural par...

In this episode of Teaching Kids About Money with Fexingo, Lucas and Luna explore how to introduce children to digital payments and virtual money. With physical cash becoming less common, many parents wonder how to teach the value of money when it's just numbers on a screen. Lucas shares a practical example: setting up a virtual allowance using a family app, where kids get a weekly deposit and mus...

Lucas and Luna dive into the surprising way a lemonade stand can teach kids about taxes. They explain how a simple profit-sharing rule — setting aside a jar for 'community' — mirrors how income tax works, using a concrete example of a child earning $60 and keeping $48 after contributing $12. The discussion covers why taxes exist, how to frame them positively for kids, and a practical experiment pa...

In this episode, Lucas and Luna explore how expanding a lemonade stand can teach kids about negotiation, using the real-world case of a 10-year-old who negotiated with a neighbor for a prime corner location. They break down the three key negotiation tactics kids can learn: anchoring, trading value, and building rapport. The conversation covers how parents can role-play scenarios and why failure in...

Lucas and Luna explore how to teach kids about credit scores using a simple board game analogy. They break down the concept of credit as a reputation score, using the game of Monopoly to illustrate how borrowing and repaying affects future opportunities. Lucas explains the five key factors of a credit score: payment history, credit utilization, length of credit history, new credit, and credit mix,...

In Episode 66 of Teaching Kids About Money with Fexingo, Lucas and Luna explore how to teach children about charitable giving using a simple three-jar system — save, spend, share. They discuss why the 'share' jar is often neglected and how parents can make giving tangible for kids. The conversation covers real-world examples like a 7-year-old donating to a local animal shelter and the concept of '...

Lucas and Luna explore how a simple household snack drawer can teach kids the investment concept of diversification before they ever hear the word portfolio. Using the concrete example of a child who stocks their drawer with only granola bars, then faces the disappointment of a stale batch, Lucas introduces the idea of spreading risk across different options. They compare it to a mini portfolio of...

In this episode of Teaching Kids About Money with Fexingo, Lucas and Luna explore how a simple cereal box can teach kids about advertising, branding, and the hidden costs of marketing. Using the example of a popular breakfast cereal that costs $4.99 a box—roughly $1.50 of which goes to marketing—they break down how companies use colorful packaging, celebrity endorsements, and toy promotions to inf...

In this episode of Teaching Kids About Money with Fexingo, Lucas and Luna explore how a simple garage sale can become a powerful lesson in bargaining for kids. Using a real-world example from a family in Austin, Texas, they break down the psychology behind price negotiation, the concept of anchoring, and why letting your child set the price first can backfire. Lucas explains how framing, the 'firs...

Episode 62 of Teaching Kids About Money with Fexingo: Lucas and Luna explore how a simple lemonade stand can teach kids about pricing strategy — not just supply and demand. They walk through a real example: a child selling lemonade at $1 per cup, then lowering to $0.50 and raising to $1.50, and what each change taught about customer perception, profit margins, and the psychology of pricing. Lucas...

In this episode of Teaching Kids About Money with Fexingo, Lucas and Luna explore how to introduce the concept of insurance to children using a relatable scenario: a broken family tablet. They discuss deductibles, premiums, and risk pooling through a simple family 'insurance pool' where each member contributes a small weekly amount to cover accidental damage. The conversation includes concrete num...

In episode 60 of Teaching Kids About Money with Fexingo, Lucas and Luna explore how to introduce the concept of dividend investing to children using a single stock example: Coca-Cola. They walk through how a child might understand buying a share, receiving quarterly dividends, and watching the investment grow over time. The conversation anchors on the idea of becoming a part-owner of a company tha...

In Episode 59 of Teaching Kids About Money, Lucas and Luna explore how a simple yard sale can teach children the fundamentals of negotiation. They break down the concept of anchoring — how the first price sets the stage — and explain why kids who learn to negotiate early develop stronger financial reasoning skills. Using concrete examples like pricing a bicycle and handling a lowball offer, the ho...

In this episode of Teaching Kids About Money with Fexingo, Lucas and Luna explore how to explain compound interest to children using a simple penny doubled every day for 30 days. They discuss the magic of exponential growth, practical ways to demonstrate it with a jar of pennies, and how this lesson can shape a child's understanding of saving early. Lucas shares the famous penny-doubling challenge...

In Episode 57 of Teaching Kids About Money with Fexingo, Lucas and Luna explore how a simple carnival game can teach children about risk versus reward. They use the example of a ring-toss booth where the cost to play is fixed but the prizes vary, to illustrate concepts like expected value, probability, and the psychology of gambling. Lucas explains how parents can frame this as a financial lesson...

In this episode of Teaching Kids About Money with Fexingo, Lucas and Luna explore how a simple grocery shopping trip can teach children the difference between wants and needs — a foundational financial concept. Lucas shares a specific strategy: giving kids a $10 budget at the store and letting them decide between a 'need' like milk and a 'want' like cookies. They discuss why this lesson sticks bet...

In this episode of Teaching Kids About Money with Fexingo, Lucas and Luna explore a practical way to introduce budgeting to children: planning a birthday party. They walk through a real-world example involving a ten-year-old and a $150 party budget, discussing how to involve kids in allocating funds for food, decorations, and activities. The hosts break down the concept of trade-offs, the importan...