The First Dollar: Teaching Kids About Money, Profit, and Growth

26/03/2025 Temporada 1 Episodio 5
The First Dollar: Teaching Kids About Money, Profit, and Growth

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Episode Synopsis



In episode five of Junior Moguls, April Taylor breaks down the essential difference between revenue and profit, introducing young entrepreneurs to the financial fundamentals every business owner must master. April walks parents and kids through a practical pricing formula that ensures children value their time and skills while creating products that actually make money. With clear examples like homemade bracelets and fresh-baked cupcakes, she demonstrates exactly how to calculate costs and set prices that generate real profit. April presents her three-part framework for smart money management—save some, spend some, reinvest some—giving kids a blueprint for turning that exciting first dollar into sustainable income. Through her enthusiastic delivery and real-world examples, April shows how tracking sales, expenses, and profits builds financial literacy skills that put young entrepreneurs ahead of most adults.

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