Wealth in the Fifth Dimension

34/365: Financial Security - Without Sacrificing Values.


Listen Later

Hey everyone, and welcome back! Today I'm talking about something super important: teaching our kids about money. Think about it, if we don't do it, who will? And what will they teach them?

Growing up, my parents didn't really talk about money, and I've realized I'm kind of doing the same thing with my own kids. It's like we're only showing them how to spend, not how to save or make smart decisions with money. Like when we go on vacation, they see the fun part, but they don't see the planning and saving that made it happen.

I've realized that just being a good person isn't enough when it comes to money. We need to be financially literate too! Honestly, I'm still learning myself. There's so much I didn't know, and I made a ton of mistakes because of it. It was stressful, and I even had to ask my parents for help sometimes. Not cool!

But here's the good news: we can all learn and improve! It starts with being honest about what we know and what we don't. There are tons of resources out there, and we can learn together. Did you know that a lot of people are broke even though they work hard? It's because they don't know the rules of money!

That's why I'm on this journey to boost my own financial knowledge and build a strong financial legacy for my family. Like Benjamin Franklin said, "An investment in knowledge pays the best interest." That's true for all areas of life, not just money.

So, what can you do? Start by thinking about what you want your legacy to be. Do you want to be remembered as someone who was responsible with money and taught their kids to do the same?

As we learn, we can teach our kids, and that's a powerful thing. It can change our lives and theirs for the better.

Thanks for tuning in! Don't forget to follow the podcast and share it with someone you think could benefit from it. See you next time!

...more
View all episodesView all episodes
Download on the App Store

Wealth in the Fifth DimensionBy Joe Soto