This is your money from your birthday

@lizbettalksmoney

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SoundTikTok sound · original sound - dionycreaciones

Why it worked

The video likely resonated with viewers due to its relatable topic of teaching children financial literacy in a practical and engaging way. The mother-daughter interaction and the clear breakdown of budgeting steps make it educational and heartwarming.

Summary

A mother and daughter are shown budgeting the daughter's allowance and birthday money. They meticulously count and divide the money into categories like savings, spending, and charity, demonstrating basic financial literacy concepts.

Structure

1Introduction to budgeting allowance and birthday money
2Counting and totaling the money
3Dividing money into savings, spending, and charity categories
4Calculating amounts for each category
5Finalizing the budget and concluding the lesson

On-screen text

6 Year Old Budgets Allowance + Birthday Money 20 20 plus 20 Plus twenty 60 Plus 20 80 10, 20, 30, 40, 50, 60, 70, 80, 90 100! 20 30 40 60 80 90 Two tents 100 $300!! 20 100 12 I count with my fingers $312 That's how much you have to split up. You're pregnant Wang to split up the 20s first Then the tens, and then your ones at the end? Now onto your $10's And then finally, your $1's Which ones you wanna count first? So first we count our big bills Now we're counting by ones, 80 84 Investing next 20 90 100 Now this is just a one 102, 103 $103 in investing And lastly How much you put in your spending? 30, 40 90 It's just that I forgot So we have $100 right here 20 to 120 This is just $1 121 25 125 So let's put this all together I know this one's a long one When you get a lot of money sometimes we have to take a little bit of extra time to make sure that we organize it right. 20, 40, 60, 80 $202 in here You don't have to but is there anything from here that you maybe wanna move for savings for a bigger something later on. Sure.. $6 Something's better than nothing Good job for moving something over From here, is there anything you wanna move over to charity? Wow, really? $20 Yeah, 'cause I have a lot of 20's And we're good with all this here? Goodbye, world. Wash your hands.

Original caption

In full transparency, she actually got $900 in birthday money, but mom and dad made the executive decision to put $600 directly into her 529 account and let her budget the other $300 here. This was a longer allowance given the extra money (around 15 minutes vs the regular 5-10), so patience was required on both ends 😅 but we powered through! The link to our Allowance Binder is in my bio. Includes (5) videos that help breakdown our entire framework + the binder keeps you organized 🫡 #kidsandmoney #allowance #allowancemoney #familyfinances #familybudgeting

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Transcript

This is your money from your birthday And this is your money from your birthday I was stunning And then I owe you for two weeks of allowance Now you have to give me $6 Make sure you count it Six That's one week And then I owe you for two weeks of allowance Now you have to give me $6 Make sure you count it Six That's one week First thing we're gonna do is we're gonna split up your money birthday money and allowance money into where? Savings Spending And charity After we've split it up, then we'll do charity, okay? I know you never forget. First, let's look at how much we have What is this number? 20 20 plus 20 Plus twenty 60 Plus 20 80 10, 20, 30, 40, 50, 60, 70, 80, 90 100! 20 30 40 60 80 90 Two tents 100 So that makes how many hundreds? 200 200 20 40 Now look, we're counting by 10 So 20 40 50 60 70 80 90 100 $300!! That was all your birthday money Thank youuuu And this is what you already counted Do you know what 6 + 6 is? 12. Good job I count with my fingers $312 That's how much you have to split up. You're pregnant Wang to split up the 20s first Then the tens, and then your ones at the end? Now onto your $10's And then finally, your $1's Which ones you wanna count first? So first we count our big bills 20 plus 20 Now we're counting by ones, 80 81 84 So how much in savings did you put? 84 Investing next 20 90 100 Now this is just a one 102, 103 $103 in investing And lastly How much you put in your spending? 30, 40 90 It's just that I forgot So we have $100 right here 20 to 120 This is just $1 121 25 125 So let's put this all together I know this one's a long one When you get a lot of money sometimes we have to take a little bit of extra time to make sure that we organize it right. 20, 40, 60, 80 $202 in here 202 You don't have to but is there anything from here that you maybe wanna move for savings for a bigger something later on. Sure.. $6 Something's better than nothing Good job for moving something over From here, is there anything you wanna move over to charity? Wow, really? $20 Yeah, 'cause I have a lot of 20's And we're good with all this here? Goodbye, world. Wash your hands.