Episode Highlights With Scott
- How he came face to face with a bear and a shark and survived
- Understanding financial literacy and teaching this to our kids at a young age
- Passing on a generational legacy to kids
- Steps for building financial literacy with kids and preparing them for wealth at a young age
- The three “E”s of wealth with kids
- How to use the Gravy Stack app for teaching kids wealth
- Expectations, Expenses, and Extra Pay as Teachers of finances with Kids
- The things that differentiate families that create generational wealth
- Mindset keys to raising value creators
- Common pitfalls in parenting and how to avoid them
- Are you passing on money trauma to your kids without knowing it?
- The number one thing he learned from legacy families: kids need heritage not inheritance
- Why he doesn’t recommend an allowance and what to do instead
- 4 stages of earning for kids: Earning, asset appreciation, community gigs, service or product business
- Then save, invest, share, and spend
- His thoughts on college and higher education and why skills beat degrees
- 56% of college students get debt but not the degree
- Less than 1 in 4 22-year-olds are financially independent
Resources We Mention
