>>JENNIFER WAUGH: AS MANY OF YOU STRUGGLE TO ENTERTAIN YOUR KIDS DURING THE PANDEMIC WE
KNOW IT WE’RE RIGHT THERE
WITH YOU. WE DISCOVERED AN APP
THAT MIGHT HELP YOU KEEP THE
KIDS BUSY, BUT ALSO TEACH THEM
ABOUT HOW TO MANAGE MONEY STAY
OUT OF DEBT, SOMETHING OTHER
THAN JUST SITTING THERE
WATCHING TELEVISION ALL DAY.
SO THIS APP IS CALLED BUSY KID
AND IT BASICALLY ALLOWS YOU TO
ASSIGN CHORES TO YOUR CHILDREN
AND GIVES THEM LITTLE INCENTIVE
AND
ALLOW IT GREG MERSON IT CREATED
THIS APP AND JOINS US VIA ZOOM
TO EXPLAIN HOW IT WORKS GOOD
MORNING, THANKS FOR BEING WITH
US.
>> MORNING OKAY, SO YOU’RE GOOD
TO BE HERE WELL
WELL WELL.
>>LAUREN VERNO: SO YOU’RE A
FATHER SAID, SO WE KNOW THAT
YOU GET THAT I’M MAKING SURE
THAT THE KIDS ARE HELPING OUT
AROUND
THE HOUSE. CAN YOU EXPLAIN
FIRST THE IDEA BEHIND THIS IS
BUSY COULD IT’S NOT NEW BUT
IT’S GREAT BECAUSE THIS APP IS
NOW FREE.
>> IS IT A VERY SIMPLE CONCEPT
TOOK A CHARGE OF YOUR DEBTS.
IT
DOES SHORES.
>> THEY EARN CAN I MEAN IT’S
THEM MENU WAS. THESE REAL LIFE
LESSONS WHICH IT.
IT’S A LITTLE BIT OF YOUR MONEY
SHARE A LITTLE BIT OF YOUR
MONEY AND THEN SPEND IT.
SIMPLE CONCEPT WAS SICK.
WHARTON MY SKILLS THAT YOU NEED
TO THRIVE.
>>JENNIFER WAUGH: SO THAT SAID
CAN YOU KIND OF WALK US THROUGH
A LITTLE BIT BECAUSE THE CHORES
THAT
I BELIEVE MY CHILDREN SHOULD BE
THEY BELIEVE THEY SHOULD BE
DOING.
>> I KNOW YOU GOT MY BLADE
DOWNLOAD
LAW RIGHT. THIS IS THAT THIS IS
HOW IT WORKS YOU SIGN THEM
WORSE. IT IS A CHOICE AND THEY
>> I DID I DID IT.
>> YOU’RE GOING TO GET A MESSAGE ON THURSDAY THAT SAYS HEY TOMORROW’S FRIDAY, IT’S A
DAY YOU GET TO GO IN AND
APPROVE A BIT. AND ONCE YOU ARE
YOU
KNOW IT I YOU CAN SIT MAYBE YOU
DIDN’T DO THAT YOU COULD
ACTUALLY AT THAT. YOU BET IT.
YOU’RE BACK IN OUR SYSTEM DOG AND DIVIDE THAT MONEY TO MAGIC HAPPENS. IT DIVIDES UP INTO
SAVING SHARING IN SPENDING.
AUTUMN. WHAT YOU’RE DOING YOUR
KIDS VERY.
EVERY TIME THEY EARN MONEY AS
OPPOSED
TO JUST EARNING IT BLOWING IT
EARNING
HIM GOING. YOU KNOW THEY DON’T
NEED HELP FIGURING THAT OUT AND
PARTY GOT
IT DOWN RICANS DEER THAT’S WHAT
WE’RE DOING IS RIPPED VERY
BALANCED FINANCIAL CRUNCH.
EVERY TIME. OKAY SO.
>>LENA PRINGLE: I KNOW YOU HAVE
6 CHILDREN. YOU’RE ALSO A FINANCIAL PLANNER DID THIS COME NATURALLY THEN TO ALL OF YOUR
KIDS WHEN YOU TRIED TO INSTILL
THIS AT HOME.
>> WELL OF COURSE
NOT NOBODY IT DOESN’T COME
NATURALLY, ANYBODY WE HAVE TO
REALLY MIKE CONCENTRATE ON
TEACH THAT TO OUR KIDS IT CAN’T
JUST BE SOMETHING THAT WE THINK
THEY’RE GOING TO LEARN
BY OSMOSIS OR GOING BY GOING TO
SCHOOL LIKE THIS KIND OF STUFF
DOESN’T REALLY HARDLY BE YOU
KNOW IT’S NOT REALLY TAUGHT IN
SCHOOL SO WE HAVE TO
TEACH SET IN A MEANINGFUL WAY
AND I THINK THE BEST WAY TO
TEACH IS BY HAVING THEM DO IT
IF THEY DO IT IT’S GOING TO
STICK RIGHT. IT’S IT’S I CALL O
PM A LOT OF TIMES OTHER
PEOPLE’S MONEY.
IF YOU THINK YOU’RE GOING TO
TEACH YOUR KIDS WITH OPM OR
YOUR MONEY IT’S NOT GOING TO
WORK IS NOT GOING TO WORK THEY
HAVE TO EARN IT THEMSELVES AND
WHEN THEY EARN IT THEY THINK
TOTALLY DIFFERENTLY. AND WHEN
THEY THINK TOTALLY DIFFERENTLY
THAT’S WHERE THE LIGHT BULB
GOES ON AND THAT’S WHERE THEY
ACTUALLY LEARN.
>> YEAH WHEN THEY’RE SPENDING
THEIR OWN MONEY IT IS
DEFINITELY DIFFERENT SO YES, I
THINK THIS IS WHAT
PIQUE MY INTEREST WHEN I WAS
READING ABOUT THIS IS THAT WE
WERE GIVEN
THE PANDEMIC AND KIDS ARE NOT
GETTING OUT AS MUCH THERE ARE
ABLE TO YOU KNOW GO IN AND HANG
OUT WITH THEIR FRIENDS
AS MUCH HAVE YOU FOUND THAT
THERE’S BEEN A REAL INCREASE IN
INTEREST IN THIS YOU TO GIVE
OUR KIDS OTHER THINGS TO DO
DURING THE DAY, YOU KNOW THAN
WATCHING TV OR MAYBE PLAY ON
THE COMPUTER.
>> I KNOW ISN’T
THAT A THING WHERE YOU KNOW
THAT DRIVES ME CRAZY WHEN I
WALKED THROUGH THE HOUSE AND I
SEE KIDS JUST LIKE SITTING
ON THERE. THEIR OWN AND
SCROLLING AND STRONG LIKE A
CRAZY CRAZY. SO THIS IS BEEN A
WONDERFUL WAY I DON’T LIKE KIDS
BUT EARNS
IT IS PRESSURE TO BEAR ON
DURING A CRAZY TIME ROSS HOUSE
TOGETHER. IF YOU CAN GIVE THEM
THAT STRUCTURE AND YOU CAN ALSO
TEACH THEM LIFE LESSONS.
IT’S PERFECT IT WORKED I DID.
THIS IS THE MOST IMPORTANT.
IT IS YOU’RE ONLY OUT
OF WORK. I LEARNED HOW TO
MANAGE THEIR MONEY IS THE BIG
ABOUT IT THAT’S EXACTLY AND
TO DO LITERALLY MUCH AS YOU
TEACH YOUR KIDS NOT TO STEAL
BEAT
PEOPLE UP THIS IS WHAT YOU HAVE
TO TEACH THEM BECAUSE THESE ARE
THE LIFE SKILLS ARE GOING TO
USE EVERY SINGLE DAY. THERE’S
NO DECISION IT’S GOING TO BE AN
INCH OF THIS.
>>JENNIFER WAUGH: PERCENT GREG
MOORE SAID IS CEO OF BUSY KID
AN APP THAT IS AVAILABLE
FOR FREE. THANK YOU GREG FOR
YOUR TIME THIS MORNING AND YOUR
ADVICE TO ALL THE OTHER PARENTS
LIKE MYSELF OUT THERE TRYING TO
THEY ARE AT TEACH OUR KIDS TO