Download
HTML Embed
HTML EMBED
Click to Copy

Latest Episodes

Download
HTML Embed
HTML EMBED
Click to Copy
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Download
HTML Embed
HTML EMBED
Click to Copy
This Is Uncomfortable
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Sign up for "Econ Extra Credit" Here
Family Money

Family finance lessons: Comedian Hari Kondabolu

Nick White May 21, 2014
Share Now on:
HTML EMBED:
COPY
Family Money

Family finance lessons: Comedian Hari Kondabolu

Nick White May 21, 2014
Share Now on:
HTML EMBED:
COPY

The most important lessons we learn about money don’t come from our accountants or our radios. They come from our family. 

On Money, we invite someone to tell us about the money tips they inherited from the people they grew up with. This week our guest is the comedian and writer Hari Kondabolu. You might have seen him recently on The Late Show with David Letterman or as a correspondant on Totally Biased with W. Kamau Bell.

Kondabolu’s parents both worked at hospitals, and taught him saving and fiscal responsiblity were important at an early age. Kondabolu took his parents advice, but he feels like one of his most important financial lessons was gleaned elsewhere: the board game Monopoly.

“You have this bank and you have to buy property with it, and there were repurcussions if you didn’t pay for something on time,” says Kondabolu. “You know people landed in your hotels and even if they didn’t have money they had to figure it out or they were out of the game.”

Kondabolu’s family used house rules that made the game even tougher.

“We played with debt so you’d be in negative numbers and owe people forever,” says Kondabolu. “It was so dark, and awful and strangely accurate!”

That fear of losing everything only reinforced Kondabolu’s parents’ advice: Save, save, save. And that lesson became particularly important when Kondabolu, an up-and-coming comedian with an unstable income, turned 25 and left his family’s health insurance plan.

“They don’t have that in Monopoly, ‘Oh I got sick and I’m uninsured so I need to sell my one house, not a hotel, my one house!” says Kondabolu.

If you’re a member of your local public radio station, we thank you — because your support helps those stations keep programs like Marketplace on the air.  But for Marketplace to continue to grow, we need additional investment from those who care most about what we do: superfans like you.

Your donation — as little as $5 — helps us create more content that matters to you and your community, and to reach more people where they are – whether that’s radio, podcasts or online.

When you contribute directly to Marketplace, you become a partner in that mission: someone who understands that when we all get smarter, everybody wins.