Marketplace®

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Season 7Episode 3Oct 29, 2024

Why do we have pennies? (and more money questions)

Million Bazillion: Live on air (again)

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Why do we have pennies? (and more money questions)
Binglin Hu

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Ryan and Bridget are back in the studio to host another live call-in show to answer the quick but not always easy questions listeners have about money. Together, they break down the difference between credit and debit cards, explain why pennies exist and show you how to spot fake money. But things take a turn when their soundboard develops a mind of its own.

 
Binglin Hu
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Tips for grownups listening to “Million Bazillion” with kids

Money talks

After you listen to the episode, here are some questions you can ask your kid listener to see how much they learned:

  1. If you had to get rid of one type of coin, what would it be?

  2. What are some ways you can tell if a dollar bill is fake?

  3. Have you ever been to a duty-free store in an airport? What was it like?

  4. *Bonus* Not-So-Random question: Who do you think should be in charge of all of our money?

Tip jar

For listeners who want to keep learning about money, we’ve got ideas!

Gimme 5

Thanks for listening to this episode! We’re always accepting more questions for future “live call-in”😉shows. Send us the questions your young listeners want answered using this online form.

This episode is sponsored by Greenlight. Sign up for Greenlight today at greenlight.com/million.

The Team

Thanks to our sponsors

NGPF

The Ranzetta Family Charitable Fund and Next Gen Personal Finance, supports Marketplace’s work to make younger audiences smarter about the economy. Next Gen Personal Finance is a non-profit that believes all students benefit from having a financial education before they cross the stage at high school graduation.

Greenlight

Greenlight is a debit card and money app for kids and teens. Through the Greenlight app, parents can transfer money, automate allowance, manage chores, set flexible spend controls and invest for their kids’ futures (parents can invest on the platform too!) Kids and teens learn to earn, save, spend wisely, give and invest with parental approval. Our mission is to shine a light on the world of money for families and empower parents to raise financially-smart kids. We aim to create a world where every child grows up to be financially healthy and happy. Today, Greenlight serves 5 million+ parents and kids, helping them learn healthy financial habits, collectively save more than $350 million to-date and invest more than $20 million.

Sy Syms Foundation

The Sy Syms Foundation: Partnering with organizations and people working for a better and more just future since 1985.

Why do we have pennies? (and more money questions)