Raising Money-Smart Kids Through Entrepreneurship & Real-World Lessons | Rachel Rodgers EP 926
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Mar 21, 2025
Money coach Rachel Rodgers shares her secrets for raising financially savvy kids. She emphasizes three key principles: consistency, entrepreneurial thinking, and honoring commitments. By incorporating real-life scenarios, like negotiating family behaviors for video game time, she teaches her children about value creation. Engaging them in adult financial discussions further enriches their understanding. With this transparent approach, she's nurturing a new generation ready to tackle the world of finance.
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volunteer_activism ADVICE
Consistency in Work
Teach children about the importance of consistency and showing up daily.
Relate this to work ethic and building positive habits.
volunteer_activism ADVICE
Entrepreneurial Thinking
Encourage children to explore entrepreneurship by valuing their natural talents and skills.
Help them recognize how these talents can create value for others.
question_answer ANECDOTE
Valuing Children's Talents
Rachel Rodgers' daughter creates art, and Rodgers encourages her to see the value in it.
Her son has technical skills, and Rodgers points out how those skills can be valuable to others.
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"If you want something, are you willing to put some sweat equity into it so you can have it? Teaching them that I think is a core money principle." - Rachel Rodgers
Money coach and mother of four Rachel Rodgers shares invaluable insights into raising financially literate children through practical, everyday lessons. With intentional parenting, she teaches her kids three essential money principles: consistency in showing up daily, entrepreneurial thinking that values their natural talents, and honoring commitments through negotiation. Her eight-year-old son's technical abilities and daughter's artistic talents become opportunities to discuss value creation, while family negotiations—like trading good behavior during photo shoots for video game time—reinforce the importance of keeping your word in financial dealings.
Beyond basic money lessons, Rodgers creates an immersive financial education environment by including her children in adult conversations about business strategies and investments. Walking with her CFO husband, they openly discuss marketing decisions and investment properties while their daughter soaks in real-world financial wisdom. This transparent approach to wealth building, coupled with repetitive exposure to money conversations, is cultivating the next generation of financially empowered leaders—with her eldest daughter already showing signs of future business acumen that will one day lead the family empire.