Podcast Wrap-up, Promotions, and Agent Finder

The hosts wrap up the podcast episode, promote upcoming episodes, encourage listener engagement, thank the BiggerPockets team, and share information about the BiggerPockets free agent finder and the importance of consulting with qualified advisors before investing.

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Teaching your kids about money is one of the most CRUCIAL parts of parenting. So why do so many Americans completely neglect financial literacy for kids? Is it too awkward of a subject? Do parents feel like they don’t even grasp personal finances themselves? What happens if YOUR kid goes into the world with zero money mastery? If you have children, grandchildren, nieces, nephews, or loved ones with kids, THIS is what you MUST teach them.

Instead of Mindy and Scott telling you what they taught their kids, Katie Trautman comes on the show to share what her FIRE father taught her about money. You may recognize Katie’s name; her father, Mark, was on the show just a few months ago. Mark was able to retire at age fifty, get Katie through college debt-free, and travel to his heart’s desire. He taught Katie some crucial personal finance lessons many of us never learned.

From saving to spending, investing, retirement accounts, and more, Katie goes through some of the top lessons her father taught her about finances before she left the house. Katie is about to start her first full-time job, and with a healthy emergency reserve, full retirement accounts, and the right money mindset, she’ll show you how she plans to retire earlier than her father even though she JUST started working.

In This Episode We Cover

Financial lessons you MUST teach your children before it’s too late

How to fund your child’s college through tax-advantaged investing accounts

Allowances and how to entice your child to save more than they spend

The “20%” rule that Katie has ALWAYS followed to set herself up for financial success

Why your kids SHOULD know how much money you make, save, and spend

The one thing Katie wishes she could change about growing up in a FI family

And So Much More!

Links from the Show

BiggerPockets Money Facebook Group

BiggerPockets Forums

Finance Review Guest Onboarding