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13min chapter
How To Set Your Kids Up Financially
Erika Taught Me
Teaching Kids About Finance and Investing
The chapter emphasizes the significance of introducing children to concepts of hard work, financial responsibility, and investing at a young age. It shares a personal anecdote to illustrate the value of starting financial education early through experiences like summer jobs. The discussion covers topics such as setting up Roth IRAs for kids, explaining compounding interest, modeling good financial behavior, and preparing financially for their education and future.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode