Rich Habits Podcast

Q&A: Buying Our First Business, Cash Flowing a Triplex, & Teaching Crypto to Kids...?

31 snips
Jun 26, 2025
Listeners dive into practical strategies for buying their first business, with insights on navigating cash flow in real estate investments. The hosts emphasize the importance of teaching kids about financial literacy and cryptocurrency, highlighting effective teaching methods. They also address the common pitfalls of homeownership versus strategic investing. Additionally, the discussion covers the intricacies of triplex ownership, focusing on costs, rental income potential, and credit management for aspiring investors.
Ask episode
AI Snips
Chapters
Transcript
Episode notes
ADVICE

Teach Kids Cryptocurrency Basics

  • Teach kids about blockchain and cryptocurrency through curated educational videos.
  • Start early so they understand its future impact alongside technologies like AI.
ADVICE

Balance Crypto Education with Stability

  • Explain crypto as a volatile asset class with high drawdowns to set correct expectations.
  • Emphasize continued investment in the S&P 500 for steady compound growth.
ADVICE

Keep Low-Rate Rental Property

  • Hold onto real estate with low mortgage rates even when relocating; hire a trustworthy property manager.
  • Consider cash flow benefits along with capital appreciation before selling investment properties.
Get the Snipd Podcast app to discover more snips from this episode
Get the app