005: Tips, Why Don’t Schools Teach Kids Financial Responsibility, Recovery is NOT Magic, & May 1 from Daily Reader

In this episode:

00:00 Five practical tips to help compulsive spenders
In tip 5, I read a quote from page 101-102 of the Big Book of Alcoholics Anonymous, adjusting it to reflect the world of compulsive spenders. (from Chapter 7: Working with Others)

19:50 They Just Don’t Get It!

Why don’t schools teach basic financial responsibility skills? My take on what they should teach and what parents can do to help in the meantime.

Recoveryismagicalbut30:05 Finding a Higher Power
I read a quote from page 15 from the book, “The Higher Power of the Twelve-Step Program” by Glenn F. Chesnut, and talk about the danger of visions.

39:02 Daily Reader for Compulsive Spenders and Debtors
Today, I read the May 1st entry, entitled, “First of the Month Frenzy”