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Video Games + Investing: How Parents Can Turn In-Game Purchases Into Real Investments

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Manage episode 493854416 series 3661541
Content provided by Fetch & Rascal. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Fetch & Rascal or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Send us a text

This is a quick update to one of our favorite parenting-money mashups: the video game investing rule we introduced in a previous episode.

Here’s the deal: when our kids want to spend their own money on video games or in-game purchases, they now also invest 50% of that amount into their custodial account — saving toward a future goal like buying a car.

In this update, we share:
• How the rule is actually landing with our kids (surprisingly well!)
• What we’ve noticed about their new spending behavior and decision-making
• Why our kids now want index funds over Nintendo stock 😄
• How we used a snowball to explain compound interest in the wild
• Why we as parents feel better about digital spending now

Plus, we now track their net worth — and yes, it’s already making an impression on them.

The big takeaway? This isn’t just a clever rule. It’s turning into a way for our kids to build early investing habits, reflect on value, and even spark their own financial curiosity.

#financialliteracy #kidinvesting #videogamespending #parentingandmoney #custodialaccounts #compoundinterest #firemovement #raisingmoneywise #gamifiedbudgeting #familyfinance

Check out our Resource Doc:

And our IG account @tryingforfi

  continue reading

15 episodes

Artwork
iconShare
 
Manage episode 493854416 series 3661541
Content provided by Fetch & Rascal. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Fetch & Rascal or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Send us a text

This is a quick update to one of our favorite parenting-money mashups: the video game investing rule we introduced in a previous episode.

Here’s the deal: when our kids want to spend their own money on video games or in-game purchases, they now also invest 50% of that amount into their custodial account — saving toward a future goal like buying a car.

In this update, we share:
• How the rule is actually landing with our kids (surprisingly well!)
• What we’ve noticed about their new spending behavior and decision-making
• Why our kids now want index funds over Nintendo stock 😄
• How we used a snowball to explain compound interest in the wild
• Why we as parents feel better about digital spending now

Plus, we now track their net worth — and yes, it’s already making an impression on them.

The big takeaway? This isn’t just a clever rule. It’s turning into a way for our kids to build early investing habits, reflect on value, and even spark their own financial curiosity.

#financialliteracy #kidinvesting #videogamespending #parentingandmoney #custodialaccounts #compoundinterest #firemovement #raisingmoneywise #gamifiedbudgeting #familyfinance

Check out our Resource Doc:

And our IG account @tryingforfi

  continue reading

15 episodes

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