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Parenting

Mom's real world budgeting lesson goes viral after it leaves her kids feeling overwhelmed

"I just won't eat lunch. I'll just eat a big breakfast. I probably won't eat breakfast."

budgeting; financial literacy; kids budgeting; budgeting activities; adulting 101

Mom does budgeting exercise with kids. They're stressed.

Kids, as much as we love them, they're like our little broke best friends. They seemingly always want something and have little to no concept on how much money things cost.

There are some parents that start explaining how finances and budgeting works at an early age so kids know what to expect. It also likely helps them understand that parents don't have an infinite amount of money to spend on unnecessary items. Ariel B. is a mom and content creator that created budgeting worksheets for her children to use to learn how to budget and uploaded the video to TikTok.

Let's just say, the kids were a bit stressed before they even finished the worksheet.


The mom of four gathered her children around the table with budgeting worksheets and a $3,000 imaginary budget, which is based off of a $15 minimum wage plus an additional $500. Ariel explained the average cost of rent in their area and instructed her kids to look up the average cost for utilities in an apartment.

"How long are you leaving your lights on," one of her daughters asks. To which Ariel responds, "well, all of our lights are on in here and you don't seem to mind."

At one point in the video, they're discussing a food budget when one of her children says he will eat take out daily. Reality quickly set in when Ariel encouraged them to crunch some numbers.

"That's too much money, actually," the younger daughter exclaims. "I just won't eat lunch. I'll just eat a big breakfast. I probably won't eat breakfast."

@the_arielb

Teaching my kids budgeting💰 FREE PDF 🔗 in bio ❤️

In another video, one of the children is appalled that they would be expected to pay first and last month's rent when moving into an apartment. The older daughter is simply flabbergasted at the lack of available money.

"I have nothing. I have no money at all. And I don't know what to do about it," the girl says. I cut all of my ones and I'm already on a bike. Like I don't know what to do. Like what else can I do?"

Oh, little ones, welcome to Adulting 101. These kids are likely thanking all of the stars in the sky that this was just an imaginary situation and not something they need to worry about for a long time.

@the_arielb

Teaching my kids budgeting, they only have $3,000 a month. 💰 FREE PDF 🔗 in bio ❤️

All images provided by Prudential Emerging Visionaries

Collins after being selected by Prudential Emerging Visionaries

True

A changemaker is anyone who takes creative action to solve an ongoing problem—be it in one’s own community or throughout the world.

And when it comes to creating positive change, enthusiasm and a fresh perspective can hold just as much power as years of experience. That’s why, every year, Prudential Emerging Visionaries celebrates young people for their innovative solutions to financial and societal challenges in their communities.

This national program awards 25 young leaders (ages 14-18) up to $15,000 to devote to their passion projects. Additionally, winners receive a trip to Prudential’s headquarters in Newark, New Jersey, where they receive coaching, skills development, and networking opportunities with mentors to help take their innovative solutions to the next level.

For 18-year-old Sydnie Collins, one of the 2023 winners, this meant being able to take her podcast, “Perfect Timing,” to the next level.

Since 2020, the Maryland-based teen has provided a safe platform that promotes youth positivity by giving young people the space to celebrate their achievements and combat mental health stigmas. The idea came during the height of Covid-19, when Collins recalled social media “becoming a dark space flooded with news,” which greatly affected her own anxiety and depression.

Knowing that she couldn’t be the only one feeling this way, “Perfect Timing” seemed like a valuable way to give back to her community. Over the course of 109 episodes, Collins has interviewed a wide range of guests—from other young influencers to celebrities, from innovators to nonprofit leaders—all to remind Gen Z that “their dreams are tangible.”

That mission statement has since evolved beyond creating inspiring content and has expanded to hosting events and speaking publicly at summits and workshops. One of Collins’ favorite moments so far has been raising $7,000 to take 200 underserved girls to see “The Little Mermaid” on its opening weekend, to “let them know they are enough” and that there’s an “older sister” in their corner.

Of course, as with most new projects, funding for “Perfect Timing” has come entirely out of Collins’ pocket. Thankfully, the funding she earned from being selected as a Prudential Emerging Visionary is going toward upgraded recording equipment, the support of expert producers, and skill-building classes to help her become a better host and public speaker. She’ll even be able to lease an office space that allows for a live audience.

Plus, after meeting with the 24 other Prudential Emerging Visionaries and her Prudential employee coach, who is helping her develop specific action steps to connect with her target audience, Collins has more confidence in a “grander path” for her work.

“I learned that my network could extend to multiple spaces beyond my realm of podcasting and journalism when industry leaders are willing to share their expertise, time, and financial support,” she told Upworthy. “It only takes one person to change, and two people to expand that change.”

Prudential Emerging Visionaries is currently seeking applicants for 2024. Winners may receive up to $15,000 in awards and an all-expenses-paid trip to Prudential’s headquarters with a parent or guardian, as well as ongoing coaching and skills development to grow their projects.

If you or someone you know between the ages of 14 -18 not only displays a bold vision for the future but is taking action to bring that vision to life, click here to learn more. Applications are due by Nov. 2, 2023.

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