Journey To Launch

Episode 364: Empowering Kids for Financial Success with Maya Corbic

Mar 6, 2024

53:24

Maya Corbic is a first-generation immigrant, CPA, author of the kids’ book "From Piggy Banks to Stocks: The Ultimate Guide for a Young Investor", and founder of the Wealthy Kids Investment Club. From challenging beginnings in shelters and government housing, Maya draws from her experience of overcoming financial challenges & simplifies money matters to inspire children to pursue financial success. Her vision is to empower every child to become a financially independent adult.

Maya Corbic grew up in war-torn Bosnia before immigrating to Canada at the age 15. She started working at a young age to support herself and her family. This immigrant experience drove her motivation to get an education and have a successful career as a CPA where she worked at accounting firms before quitting to spend more time with family and start teaching kids about personal finance. By the time she was 32 years old, she and her husband paid off $60,000 of debt, in addition to their mortgage.

In this episode, you’ll learn:

The value of social capital and interpersonal skills, how to seize opportunities, and the importance of learning and networking.
When is the ideal time to start teaching kids about key money lessons such as understanding needs vs wants, paying yourself first, & aligning money personalities with family values.
How transparent we should be with our kids about how much money we make and how it’s earned, to help them understand the value of money.
How to invest for your child using 529 plans and custodial Roth IRAs in the U.S, but also how important it is for parents to get their own financial situation in order before investing for their kids
How to lead by example when it comes to instilling good financial habits in children + much more

Other Links Mentioned in episode:

Check out Maya’s Book: "From Piggy Banks to Stocks: The Ultimate Guide for a Young Investor"
Get your copy of my book: Your Journey To Financial Freedom
Leave Your Journey To Financial Freedom a review!
Get The Budget Bootcamp for FREE
Check out my personal website here.
Join The Weekly Newsletter List
Leave me a voicemail– Leave me a question on the Journey To Launch voicemail and have it answered on the podcast!
YNAB – Start managing your money and budgeting so that you can reach your financial dreams. Sign up for a free 34 days trial of YNAB, my go-to budgeting app by using my referral link.
What stage of the financial journey are you on? Are you working on financial stability or work flexibility? Find out with this free assessment and get a curated list of the 10 next best episodes for you to listen to depending on your stage. Check it out here!