Plan Wisely with Erik Garcia

How to Deny Your Kid to Better Their Financial Future

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Today, Erik and Jag are joined by licensed family therapist Roy Salgado to discuss how we can teach our kids healthy financial habits.  There are 4 common responses to kids when they want you to buy something:

  1. No.  We do not have money for that.
  2. No.  You don't need that.
  3. Maybe you can ask for it for your birthday/Christmas.
  4. How about you start saving your money and you can buy it when you have enough.

    5. We break down each of these responses and the healthy traits they coincide with.

    Resources:

    More about Erik and how to contact him

    Erik's e-book, The 5 Pillars of Financial Security

    Call Erik at 504-218-5479

    Email Erik: [email protected]

    Call Roy Salgado at Crescent City Counseling Center: (504) 491-1034

    Email Roy: [email protected]

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    Plan Wisely with Erik GarciaBy Erik Garcia
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