The Money Jar - The Podcast about Kids, Families and Money

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The Money JAR Rerun: What Do I Do With My Holiday Cash?

This week on The Money Jar, Todd and Evan speak with Bizinate founder Rudy DeFelice to discuss how an influx of cash at the holidays or birthdays can be a great learning opportunity. Rudy covers some new ideas for giving or receiving cash gifts around the holidays, such as alternatives to just spending and saving, determining what age kids can begin to understand their own economics, and a method used in his family called “the price of asking.” Finally, we hear the kids perspective on the topic with a new “Kids Two Cents.”

 

Rudy DeFelice was a corporate lawyer for years before he left to start Practice Technologies, Inc., a VC-backed software and internet information company based in Los Angeles. He left PTI after 9 years as CEO and founded Bizinate. He sits on several corporate boards and is an active investor and supporter of growing companies. He graduated from Harvard Business School and The University of Connecticut School of Law, and lives in Pacific Palisades, California, with his wife Wendy (an attorney and founder of a foundation that is building schools for destitute children) and their 3 kids.

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Todd Yuzuriha and Evan Wilson

Evan is married with two young children and lives in Portland, OR. He's a Partner and the CFO of The Official Manufacturing Company, a strategy, branding and design agency. He's also on the board or a strategic advisor of a few young companies. Previously, he was a Partner at Pacific Crest, a top technology boutique investment bank, which was acquired by Key Bank in 2014. He led the firm’s coverage of the Internet, social media and games, was frequently named to Institutional Investor‘s All-American Research Team and was regularly featured on CNBC and in The New York Times & The Wall Street Journal. Evan graduated from Linfield College, where he played basketball, studied finance and computer science and was an Academic All-American.

Todd is passionate about personal finance and began investing at age 12. He retired as Vice President of Engi-neering for Logitech, where he led product development of the company's audio and video game products. Previously he was Senior Vice President of Engineering for Labtec, Senior Director at Sharp Microelectronics, and Engineering Manager at Tektronix. Todd has a bachelor's degree in engineering from Stanford, a master's degree in engineering from the University of California at Berkeley, and an M.B.A. from the University of Portland. Todd is married and has 3 children. He serves on the boards of Evergreen Public Schools in Vancouver, Washington and the Fort Vancouver Regional Library District and plays trumpet.