I found myself explaining the concept of investing and passive income to my 8-year-old as a way to get him excited to do his jobs to earn money towards his "payday" on Saturday. 

He doesn't feel the need to do his jobs since he already has some money. I'm trying to help him understand that if he keeps drinking water from a cup without adding more water, it will eventually be an empty cup. I then tried to help him understand the idea of making more than we spend so our money is growing rather than shrinking. That of course leads to the idea of taking our excess and investing it and having it grow while we sleep. I compared each of his invested dollars as being individual workers that are building more money for him. He then asked me how many "workers" he has in the stock market. He then wanted to know how many I have. I gave him a general answer of "thousands" compared to his roughly 200 workers to give him an idea of the possibilities. This may not have made a dent in his 8-year-old brain, but it sure got ME excited to get more dollar bills employed in the labor of makine me more passive income! I need to start taking more action and executing some of the ideas I have been thinking about! Let's get those dollars working for us!

Click this link to support the Podcast! https://anchor.fm/nobettertime/support

Logo created by Rufus Man (https://www.facebook.com/rufusman101) creator of Yonder Comics (https://www.patreon.com/yondercomics)

Intro song:

Outro song:

Other music:

Lucid Dreaming by | e s c p | https://escp-music.bandcamp.com