5 Money Lessons RICH Parents Teach Their Kids (Before It's Too Late)
The Table with Anthony ONeal
00:00
Compound Interest Is a Secret to Wealth
LZ Granderson: Compound interest is a secret to wealth. He says parents should teach their kids about it in ways that don't involve money. His daughter, Ever, gets coins for doing tasks and can redeem them for screen time. LZ: She has left the coins in the safe bank for now three consecutive weeks. Has not redeemed. Now she could be watching 24 hours. But yeah, we have to teach compound interest. And you don't even have to use money.
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