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

In this episode of Teaching Kids About Money with Fexingo, Lucas and Luna explore how a toy shortage can teach children the economic concept of scarcity. Using the example of the 2023 Squishmallow craze, they discuss why limited supply drives demand, how kids react when they can't have what they want, and how parents can turn a meltdown into a lesson on trade-offs, delayed gratification, and value...

In this episode, Lucas and Luna explore how a simple slushie treat can teach kids the concept of opportunity cost. Using the example of a child choosing between a slushie and a small toy, they break down how kids learn to weigh trade-offs and make decisions. The hosts discuss how parents can use real-life situations to reinforce this lesson without lectures, and share a conversational anecdote abo...

In this episode of Teaching Kids About Money with Fexingo, Lucas and Luna explore how to teach kids about earning money through chores. They discuss a 2024 University of Minnesota study that found children who earn money through non-negotiable chores plus optional bonus tasks develop better money management skills. They share practical tips like setting a base allowance for expected chores and off...

In this episode of Teaching Kids About Money, Lucas and Luna explore how to teach children the concept of opportunity cost using a simple slushie stand scenario. They discuss the classic T-shirt vs. slushie dilemma, how a seven-year-old named Maya learned to think about trade-offs after a trip to the dollar store, and why framing decisions as 'what you give up' rather than 'what you can't have' ch...

In episode 50 of Teaching Kids About Money with Fexingo, Lucas and Luna explore how to explain inflation to children using a relatable example: a birthday party. They break down a specific scenario where the same party costs more this year than last, and offer a simple game—the Inflation Hunt—to help kids spot rising prices in daily life. The hosts discuss why abstract concepts like inflation requ...

In Episode 49 of Teaching Kids About Money with Fexingo, Lucas and Luna explore how a simple lemonade stand can teach children the economic concept of scarcity. They break down a real-world example: a child who limits cups per hour to drive up demand, and discuss how this early lesson in supply and demand shapes financial decision-making. The hosts also touch on how scarcity thinking applies to bu...

In Episode 48 of Teaching Kids About Money with Fexingo, Lucas and Luna explore how a simple lemonade stand can teach kids the basics of investing—not just running a business. They walk through a concrete example: a child who wants to expand from one stand to two, and needs to decide whether to use savings or seek a small investment from a family member. Lucas explains concepts like equity versus...

In this episode, Lucas and Luna explore how to teach children about taxes using a simple lemonade stand example. They discuss the concept of a 'tax' as a contribution to shared community resources, using a concrete framework: if a child earns $10 from lemonade sales, a 10 percent tax means $1 goes to the community jar for things like park maintenance or library books. The hosts break down why unde...

In this episode of Teaching Kids About Money with Fexingo, Lucas and Luna explore a practical way to teach children about interest by acting as a family bank. They discuss how lending a child $20 to buy a desired toy, with a small interest charge, can make abstract concepts like principal, interest rate, and repayment tangible. Using a real example with a 10% weekly interest rate, they show how a...

Episode 45 of Teaching Kids About Money explores the concept of giving through a concrete example: setting a birthday gift budget with a child. Lucas and Luna walk through a real scenario where a parent gives their 8-year-old $20 to spend on a friend's present, and the child must decide between a fun toy, a meaningful book, and a charitable donation. The episode covers how this exercise teaches em...

Lucas and Luna explore how to teach kids the concept of sunk cost using a real-world example: a child buys a movie ticket, then decides they don't want to go. Should they go anyway to not waste the money? The hosts explain why the ticket price is already lost, and the only question is whether the child will enjoy the movie. They discuss how this lesson applies to adult decisions like staying in a...

In this episode of Teaching Kids About Money with Fexingo, Lucas and Luna tackle a tricky but essential topic: teaching children about debt. Using the concrete example of a borrowed bicycle, they walk through a real-world story where a child borrows money from a parent to buy a bike, with a clear repayment plan and interest. Lucas explains how this sets the stage for understanding loans, credit, a...

In this episode of Teaching Kids About Money with Fexingo, Lucas and Luna explore how a simple grocery store trip can teach children the concept of frugality. Using the example of a family shopping at a supermarket in June 2026, they discuss how involving kids in comparing unit prices, using coupons, and making trade-offs between brand names and store brands builds financial decision-making skills...

In this episode of Teaching Kids About Money with Fexingo, Lucas and Luna revisit the classic three-jar method—save, spend, share—but focus on the often-overlooked 'share' jar. They discuss how teaching kids to give a portion of their allowance or gift money builds empathy, financial perspective, and a sense of community. Using concrete examples like donating to a local animal shelter or buying a...

Lucas and Luna use the example of a child's bicycle to explain how insurance works, covering premiums, deductibles, and risk pooling. They discuss how a family can set up a simple 'bike insurance' system at home to teach kids about protecting assets, the cost of risk, and why insurance exists. The episode includes practical tips for parents to introduce insurance concepts without boring jargon, us...

Episode 39 of Teaching Kids About Money with Fexingo. Lucas and Luna explore how children perceive advertising and its link to money. Using the example of a popular YouTuber toy unboxing video, Lucas explains how kids often don't recognize ads as persuasion—and how parents can teach the difference between content and promotion. The episode covers the concept of influencer marketing, the 'kidfluenc...

In this episode, Lucas and Luna use a lemonade stand to explain how credit scores work in a way kids can understand. They walk through a simple scenario: a child borrows money from a parent to buy lemonade supplies, then repays it on time. They introduce the concept of a 'lemonade credit score' to show how trust and reliability matter when borrowing. The hosts discuss how this analogy translates t...

In this episode of Teaching Kids About Money with Fexingo, hosts Lucas and Luna explore the concept of compound interest using a single penny that doubles every day for 30 days. They break down the math, explain why it's powerful, and discuss how parents can use this simple example to teach kids about exponential growth and long-term saving. The episode also touches on the Rule of 72 and contrasts...

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-doubling example. They walk through the classic story of a penny that doubles every day for a month to teach exponential growth and the power of starting early. The hosts discuss practical ways to demonstrate compounding with real-world numbers, like h...

In Episode 35 of Teaching Kids About Money with Fexingo, Lucas and Luna tackle a modern parenting challenge: digital payments and in-app spending. With kids growing up in a world where money is invisible—just taps and swipes—how do we teach them that real money is leaving their parents' accounts? Lucas breaks down the concept of 'digital detachment' using the example of a child buying a $2.99 skin...

Lucas and Luna teach kids about the concept of bargaining and finding value through the classic yard sale. Using a real-world example from a neighbor's Saturday sale, they explain how kids can learn negotiation skills, the difference between price and worth, and when to walk away. They also tie in a simple lesson on supply and demand, all while showing how a yard sale is a perfect low-stakes envir...

In this episode of Teaching Kids About Money with Fexingo, Lucas and Luna explore how parents can teach children to distinguish between needs and wants—a foundational financial literacy skill. Using a relatable scenario involving a new video game and a budgeting decision, they discuss practical strategies like the three-jar method and the 24-hour rule. The hosts share real examples from their own...

In this episode of Teaching Kids About Money with Fexingo, Lucas and Luna explore how the simple three-jar system—saving, spending, and sharing—can teach children foundational budgeting skills. They break down why the method works for ages 5 to 12, how to set up the jars, and what to do when a child wants to spend all their money on a toy. Drawing on real-world examples from a family in Austin, Te...

In this episode of Teaching Kids About Money, Lucas and Luna explore diversification through a kid-friendly pizza shop example. They explain why putting all your money into one business—like a single pizza shop—is risky, and how spreading investments across different slices (stocks, bonds, real estate) reduces risk. Using the analogy of three pizza shops with different toppings and locations, they...

In Episode 30, Lucas and Luna explore how to teach kids about opportunity cost using a simple, relatable example: a Saturday afternoon with four choices—a friends' pool party, a video game, a science museum trip, and helping a neighbor for $20. Lucas explains the concept through the 'Spiderman rule': you can only be one Spiderman at a time. They break down how to run the 'decision matrix' with a c...