Author Archives: Megan Russell

This kitten is rich by not spending rich. Be more like this kitten.

The only two ways to balance the federal budget are to spend less or to collect more. Spending less is the preferred method, but that is just not happening. As a result, politics is pushing many in Congress to try to balance the budget by raising taxes.

This kitten invests in countries with economic freedom. Be more like this kitten.

Even to conservative political parties, starving the beast is not the ideal solution.

This kitten doesn’t rely on government. Be more like this kitten.

Studies suggest that $1.5 trillion is wasted on public sector rent-seeking.

This kitten knows money doesn’t grow on trees. Be more like this kitten.

Does a property owner have the right to use and dispose of his property as he sees fit even if that means he is being irrational, arbitrary, capricious, even unjust?

This kitten understands TANSTAAFL. Be more like this kitten.

This kitten always gets his 401(K) match. Be more like this kitten.

The income tax penalizes productivity, discourages hard work, and suppresses investment.

This kitten knows her retirement number. Be more like this kitten.

These kittens have retirement plans. Be more like these kittens.

This kitten knows how to retire. Be more like this kitten.

This kitten knows how to have fun for free. Be more like this kitten.

To fulfill the financial resolutions of spending less, living within our means, and paying off our debt, the country first needs to encourage production rather than discourage it.

This kitten boldly shares her goals with others. Be more like this kitten.

This kitten knows the difference between a want and a need. Be more like this kitten.

This kitten doesn’t time the markets. Be more like this kitten.

This kitten aligns her finances with her values. Be more like this kitten.

This kitten gifts appreciated stock. Be more like this kitten.

This kitten knows what she’s worth. Be more like this kitten.

This kitten delays major purchases. Be more like this kitten.

This kitten measures success from the bottom not the top. Be more like this kitten.

Like our financially savvy kittens? They like you too! You should meet all the kittens.

Quote from David John Marotta on why you need life planning.

Kittenomics is a practical, humorous series featuring financially savvy kittens and the wealth management secrets that gave them their success. Subscribe and receive Kittenomics every week!

My money has value because I have values my money helps me achieve. In this season of New Year’s resolutions and old year evaluations, treat your imagination with the question: What’s the money for?

What is my favorite thing I’ve done with money? Feed others.

“One of the young men was leaving for Afghanistan the next day.”

George Marotta, also known as “Papa” to me, is quite a fount of wisdom and knowledge. In this post, I give you Papa Marotta and a little bit of wisdom I managed to get him to share on grandchildren.

With impulses reeling, it is easy to find a gift that children will appreciate but difficult to find one that they will love to have. The gifts that I loved to have and the presents that I still cherish are the vocational gifts that my parents purchased for me.

Fun has no price tag and cannot simply be ordered online plus $3.99 shipping and handling. It’s true that money can enable experience but it cannot replace it. There is an art to having fun and it needs to be taught.

Often times I wouldn’t buy for myself what my parents thought was needed. Items my parents thought were essential for me to own were purchased by them.

Although sock drawers might be able to protect wealth from physical thieves, inflation is the dastardly villain who will raid it. As a child, I did not know of such economic forces let alone that they had an influence on my humble stash.

One reason that many people buy things that they could have done without is “functional fixedness.” Teach children to prevent unnecessary purchases by making efforts to help them see other possible uses of owned objects.

My dad taught me the opportunity cost of a Barbie airplane, or what alternative opportunities I would be giving up when I bought it, like buying twelve Barbies.

For cheap or limited edition items, desire needs to undergo a trial other than the test of time and the Wait a Week principle should be modified.

If my parents had been in control of the purse strings, I would not have learned the value of money. To a child, “My Money” is valuable where “Your Money” is worthless.

David Marotta and Megan Marotta were featured on October 11, 2011 on radio 1070 WINA’s Schilling Show discussing the importance of teaching your children about money and giving them a “rich” mindset.

With money in my pocket and impulse in my veins, I used to cherish our weekly trips to Toys ‘R’ Us. However, it was on the Barbie aisle under my parents’ guidance that I became a money-savvy kid with the millionaire mindset.

When it comes to teaching financial lessons, setting a good parental example is important, but actually giving the child some experience making wise financial decision is essential.

David John Marotta may just be an economic columnist or financial planner to you, but to me he is an amazing father and best friend. I’d like to take this opportunity to show you why he was and is so awesome.

“Small changes over a long period of time make all the difference.” Learn how to teach financial wisdom to your children with Megan Marotta’s series, “Rich Dad, Rich Daughter.”