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Episode 3029:
Doc G reflects on how he avoided financial missteps despite never receiving formal financial education. Growing up in a household where his parents modeled financial intelligence through frugality, strategic investing, and entrepreneurship, he absorbed valuable money habits without realizing it. Now, as he raises his own children, he aims to pass down not only the habits but also the financial knowledge that can empower them for life.
Read along with the original article(s) here: https://www.earnandinvest.com/blog/why-im-not-a-financial-moron
Quotes to ponder:
"They paved the way with good habits, frugality, and an appetite for risk taking."
"I'm pretty sure that my parents saved at least fifty percent of their income for most of their careers."
"I can't remember a single thing I purchased throughout childhood. But I sure do remember those trips."
Episode references:
EconoMe Conference: https://economeconference.com
The White Coat Investor: https://www.whitecoatinvestor.com
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