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It's Mojo on the Morning Show. Watch out for Daddy Warbucks over here. Smith is learning the price of money the hard way.

The hard way. Do we all know who Daddy Warbucks is, by the way, when I make that reference? Oh. That's a hard knock life. Yes, yes, yes. Okay, just making sure. Well, my sweet Smith, who is six years old, by the way, learned a real tough lesson yesterday at our little neighborhood pool. He brings what I affectionately refer to as crap bags with him everywhere. and they are literally just bags, little backpacks or shopping bags or tote bags that are filled with all sorts of crap. We have like maybe a dozen crap bags ready to go at all times. I don't ever know what's in them. He gets to a place and he's like Mary Poppins pulling stuff out of these crap bags. Well, so we went to the pool yesterday and he brought two of these crap bags with that with him and one of them apparently had all of the cash in it that he has won over the past few months since I would say like Christmas time playing left right center with Andrew's family have you guys ever played that game with singles well he wins every time and Andrew's family's really big so he wins like some pretty good money playing left right center okay So he has this money with him at the pool. I thought he maybe had like $4. Like he pulled out a couple of bucks to go get a bomb pop at one point. And I'm like, oh, okay, he's got some singles on him. Well, apparently he was betting the older kids at the pool to do stupid stuff like playing four square or dances or off the diving board. I don't even know because I found out about this after the fact. And then he was having to hand over his cash when they did it. First of all, I'm pissed at these kids. they were like middle school kids for swindling my six-year-old out of this money but come to find out he gave away over 50 bucks when it was all said and done from his crap bags to these kids betting them to do things and then i had to say to him bub so now like you you had all of this money right and so the next time we go to let's say target and you want to buy something you don't have that money anymore it's gone it is it's gone it's we're not getting it back

he just thought it was the best thing ever can i have a talk with uh what do you call him can i have a talk with bubby's mom for a second please can you put her on the phone yep i'm here

hi bubby's mom hi how much money did he lose uh he he said about 50 now i don't know that he knows how to count money but he i would say he probably had that bubby's mom back back to me for one

second here for let's say bubby's mom yes if a kid has 50 yes shouldn't you find a safe place to

put that instead of a crap bag we did um so it was in a it wasn't a high shelf on his room but you should know this having three boys doesn't matter where it is they will find it and get a

hold of it no no i'm telling you this is something this is something i learned the hard way when i was a kid too the price of money half of it went in my dad's pocket the other half of it went into a piggy bank or actually it wasn't a piggy bank. It actually looked like a dinosaur bank and it was a dinosaur bank that not even my dad knew how to break open because my dad said once it filled up we were just going to break the damn head off and that's how

we would pull the money out. So both of my kids have save spend share jars in their room. Right. And so we are trying to teach them to divide their money. I've saved some of it. You can put some in the spend jar and buy whatever you want and then the share is for like church or you know if they want to give to whatever We're trying to teach them that.

Next time your kids are coming to the studio. He has zero dollars in those. Next time your kids come into the studio.

and Smith has his bag with him. I'm going to be like, hey, Smith, you can put your bag over here, buddy. Hey, what's going on?

Yeah, you need some singles. I'm going to be rifling through. Tip the car wash, guys. I'm going to be rifling through that bag.

Go through that thing. So when the kids would get money from grandparents, because there's all these grandparents that they'd end up getting it from, I remember that they would just leave it in a box in their room. And I remember Chelsea and I went through and we thought our kids were part of the El Chapo gang. We thought that our kids were like Mexican drug lords or something like that Because they had more money than we did And then there was occasions where in the morning I'd wake up And I knew that we were doing something on the show That was requiring us all to throw cash in For like buying breakfast or whatever And I'd have to go into one of the kids' rooms And I'd have to go find their stash of cash

Or El Chapo money

El Chapo money, exactly What's up, Morgan? How you doing?

Good morning, I'm good, how are you?

We're good, Morgan And, by the way, with Smith now getting into gambling, I feel like I have to do the gambling disclaimer that runs at the end of this whole thing, you know?

21 and up and must be present in Michigan. He's got a gambling problem.

Yeah, if you've got a gambling problem.

1-800-GAMBLER.

Smith, if you've got a problem with your money, what's going on, Morgan?

My kid is the hustler that takes everyone else's money. We went to a wedding one time, and he ended up coming home with $30. Ooh. Oh, wow. How'd he get it? Fanning people.

All right.

I'm kidding how you did it.

Oh, that's good. It was like a girl fanning everyone, and people were giving him money.

Where there's heat, there's opportunity. Honestly, that's impressive. It sounds like Smith was the life of the party, and he paid fair wages. I'm not seeing a problem here.

By the way, I have to tell you, you're talking about how your son, he's fanning people. Aunt Pat, at the last family wedding that we went to, was getting people to scratch her back for her. That's a service. I had to have a comment, though, with Aunt Pat, because I'm like, Aunt Pat, no offense, they love you very much, but it's gross to be scratching your aunt's back. If you're getting paid for it, though, that's a service. I don't know. No kid wants to do that. It's disgusting. And nobody wanted to turn her down because they were afraid of upsetting Aunt Pat. But she said, oh, here's her thing. She doesn't give you the money now, Morgan. She says, I'll put you in my will. So everybody just assumes.

At a certain age, you get to say things like that.

Exactly.

But you never walked around school and sold? Like, I used to sell those caramel apple suckers.

Oh, I remember you talking. There was a kid in my school who would go to Mr. Bulky's downriver and get the sour, those sour balls, like the gum, and he would sell those too at school.

That's just smart. Yeah, I had a ring in high school selling candy. I used to pay off the tap dance teacher, too, because he was going to snitch me out. A tap dance? You had a tap dance teacher? I went to a performing arts school. Oh, that's right. Yeah, yeah, yeah. I used to give him Snickers, so he wouldn't snitch me out. Then an algebra teacher got hip and wanted to take all the Snickers for her. Ended up costing more than I made, so I had to shut it down.

Chelsea had a thing where she got paid by her teacher. This was in high school, so this was not like as a little child. But she got paid to go and get her teacher every morning McDonald's or, like, Starbucks coffee. I don't even know if Starbucks was even around at the time. But she would have to go do it, and she would have to go get him the coffee. He would give her the money and then tell her to keep the change. And in one year, she made over $1,000 in change.

No way.

Yeah. Joyce, what's up?

I was just going to say I've semi-been there before. My son, we've been teaching him how to save money and then take a little bit out. He was 12 at the time, and we got him a wallet, and we were keeping his money in there. He went through this whole I don't trust you phase, so he refused to let us put the money away for him. And he ended up taking his $300 that he had earned from mowing lawns all summer long and lost his wallet while he was out with his friends.

Should have trusted his mom. What's up, Michelle? Hi.

Good morning. So, my son was known for doing crap like this. In middle school, he used to take the Girl Scout cookies that his sister was selling, take them to school and sell them at a markup price. Sometimes there was a bidding war on them, and even teachers would come to his locker. Brilliant. You're kidding.

So wait, the teachers would come to the locker to go and get the stolen merchandise?

Yeah, and they would pay an inflated price at his locker.

Did they not know that those were hot cookies?

Well, I told him he had to at least give me the cut to give back to the Girl Scout. That's right.

You got to pay the dealer. You got to pay the dealer.

They started paying in gift cards even.

That's amazing. Oh, God.

That's funny. Somebody actually, oh, I think this person right here. Kimberly, hi.

Hi, good morning.

Hi. This is the time when your kids become from entrepreneurs to thieves. What happened?

I was at a Super Bowl party at my house when I was maybe eight or nine, and I did a 50-50 raffle because I had the tickets and I thought it was cool, but the benefit was myself.

so nobody got any of the other 50 you took 100 100 right no no i didn't give out the other 50 the 50 was for myself oh wow so wait when you were a kid that's not illegal that's good they do that at everything nowadays it seems like they go you go to like major you know uh pistons and tigers and red wings games and they do a 50 50 raffle but you were an eight-year-old kid doing this with all your parents friends yep yeah we used to do that but what we did was we just took the money right out of the coats that were on my parents bed let's go through the pockets and see

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