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#028 A.D. Williams shares that he did not receive any financial education as a child, and this was part of the reason for the book. In contrast, Kendal Fordham did have a lot of financial education, particularly as a result of spending time with her father who initially was too busy, and had to intentionally make out time which he spent reading financial books to her.

Financial literacy is the foundation of a much larger issue; it needs to be in schools but the debate is usually on when to start. Kendal believes that financial education should start from Kindergarten; kids should learn the value of money as they learn to read and write. Williams adds to this the importance of also having these conversations in the home, such that the learning is now in two folds.

For complete show notes go to Raising Financial Freedom

-       "Fear of failure will never leave, you just have to continue to psych yourself out"

-       "The average American family does not have enough to cover 3 months of bills if they were to lose their jobs"

 In This Episode:

·         [01:39] Today's guests are A.D. Williams and Kendal Fordham, and the topic is their book "Mansa's Little Reminders".

·         [02:20] Growing up, what kind of lessons did you receive about money and financial literacy?

·         [04:00] What bothers you when you see the state of financial literacy today?

·         [05:09] What amazes you about your current knowledge on financial literacy which was absent while growing up?

·         [07:36] How do you feel about the school system trying to implement more of an entrepreneurial mindset?

·         [08:36] About the book, "Mansa's Little Reminders".

·         [12:03] Kendal shares what she passes on to her kids. 

·         [16:40] What challenges did you face creating this book?

·         [17:45] What is the one resource that you use when it comes to financial literacy?

·         [18:57] Among Saving, Budgeting, and Investing, which would you pick? 

·         [20:33] How do parents overcome the fear of talking about money with their children?

·         [21:33] What is the best piece of advice you can give to a parent who is just starting financial literacy at home?

·         [22:39] What would you say if you had to do it all over again?

·         [24:17] How to contact our guests.

Links Mentioned: 

• Website: www.mansaslittlereminders.com 
• Email: [email protected] 
• Check out our website: https://raisingfinancialfreedom.com/
• Like us on Facebook: https://www.facebook.com/RaisingFinancialFreedom
•  Like us on Twitter: https://twitter.com/RF_Freedom

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#027 Alan believes that while college is not for everyone, it is for most people, and planning needs to start as early as the first year of high school. This explains why having a good record in high school is important, as well as attendance, getting good grades, and taking part in organizations and community work. It becomes part of the portfolio to look good for colleges.

For full show notes and transcript please go to Raising Financial Freedom

-       "Only 6 out of 10 students actually complete college within 6 years"

-       "Students that have a college degree make more than a million dollars in their lifetime more than students that don't have a college degree"

-       "In a good school with a good advising program, the adviser will seek out the student"

-       "Find a friend that can help you, don't find a friend that's going to make your situation any harder"

 In This Episode:

·         [04:20] Do you think college is for everyone, and when should that decision be made by the child and parents?

·         [04:50] What are some of the obvious ways to prepare for college that are commonly overlooked?

·         [07:39] What are some of the main goals of your website; "Affordable College Prep"?

·         [09:50] What are some of the costs of college that are not associated with the main bill of college? 

·         [012:44] What is the best way a student can monitor how much they are spending?

·         [12:50] What should a student do after failing a couple of classes, and already reaching their financial threshold?

·         [19:55] If a child wants to go to college but is unsure of what to major in, what should they do?

·         [21:40] Can you explain the "Ace Advising" from your website?

·         [22:12] When did you realize that you had a passion for college prep?

·         [23:01] What are some of the problems you've seen that frustrated you the most?

·         [24:32] Favorite tips from Alan for students or parents.

·         [26:40] How to contact Alan

 Links Mentioned: 

• News-https://financialliteracymovement.com
• Website: www.affordablecollegeprep.com 
• Website: www.collegescorecard.ed.gov 
• Email: [email protected] 
• Facebook: Affordable College Prep Facebook
• Check out our website: https://raisingfinancialfreedom.com/
• Like us on Facebook: https://www.facebook.com/RaisingFinancialFreedom
•   Like us on Twitter: https://twitter.com/RF_Freedom

Stay Connected: Visit us at NurturingFinance.com for more resources, and join our community on social media to continue the discussion. Have questions or topics you want covered? Email us at [email protected].  

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#026 With all of the focus on financial literacy, roughly 45 states have adopted standards for financial literacy, there is yet to be significant progress within the curriculum in schools. Only 6 states require that you take a course on financial literacy before graduation.  Standards for financial literacy include Economic Education, Financial Education, Entrepreneurial Education, and Personal Finance Education. Particularly lacking in schools is Personal Finance Education. The passion has been noted to be highest in low to moderate-income communities.

For Full show notes and transcript go to Raising Financial Freedom

In This Episode:

·         [02:25] Meet today's guest, Robert Church.

·         [02:22] How far have we come with financial literacy?

·         [05:36] How much financial literacy should a child get from 1st grade. 

·         [07:02] What methods have you used in your home to teach financial literacy?

·         [10:20] Amongst Saving, Earning, Budgeting, or Investing, what one point would you choose?

·         [11:21] What if 50% of the country was financially fit, how would that change the landscape?

·         [15:55] What is DoughMain Financial Literacy Foundation?

·         [25:54] What is the Fit-Kit?

·         [31:42] What is the biggest challenge the organization has had to face?

·         [38:28] How important is it that we make the best decision about money?

·         [40:29] since you started on this road of financial literacy, what is the best thing that has happened?

·         [43:50] What is the best piece of advice you can give to parents out there?

·         [46:31] How to contact Robert

Links Mentioned: 

• Website: www.dmfinancialliteracy.org 
• Email: [email protected] 
• Book: Everyday money for Everyday People
• Check out our website: https://raisingfinancialfreedom.com/
• Like us on Facebook: https://www.facebook.com/RaisingFinancialFreedom
•   Like us on Twitter: https://twitter.com/RF_Freedom

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#025 This is Financial Literacy month and meet Todd Christensen, an expert in financial literacy, who has been involved with "Jump$tart", working with state leaders around the country. Todd explains that regarding financial literacy, there is room to do better, and many surveys have revealed that the current state is not much better than it was a decade ago. The "Jump$tart Coalition for Personal Financial Literacy" was organized back in the 90s to promote financial literacy, particularly among young people.

For full show notes and transcript go to Raising Financial Freedom


-       "Pay Yourself First, put something into your savings before you pay your bills"

-       "If we could save first, our spending would automatically just fit into our income"

 In This Episode:

·         [08:18] What is "Jump$tart"?

·         [09:06] Todd describes strategies that can be employed in implementing financial literacy today.

·         [10:33] What financial literacy lessons did your parents pass on to you?

·         [12:38] What lessons have you passed on to your kids?

·         [016:02] About moneyfit.org

·         [17:27] What common problem have noted among your clients at Moneyfit?

·         [18:17] How and Why did you get started with financial literacy?

·         [14:05] The one thing people don't realize about money.

·         [28:44] About the book "Everyday Money for Everyday People".

·         [30:24] What is the best piece of financial advice you can give?

·         [32:39] If you had to do it all over again, what is the first thing you would do?

 Links Mentioned: 

• https://www.jumpstart.org/what-we-do/promote-financial-literacy/financial-literacy-month/flm2021/
• https://www.cnbc.com/video/2021/04/12/fmr-senator-heidi-heitkamp-on-how-financial-literacy-is-good-for-the-economy.html
• https://www.cnbc.com/2021/04/06/teaching-financial-literacy-to-kids-can-shrink-the-black-wealth-gap.html
• https://finance.yahoo.com/news/10-free-financial-tools-available-120009482.html
• Money Fit Academy: https://moneyfit.org/academy
• Berenstain Bears Trouble with Money 2nd Grade Reaching Activity: https://moneyfit.org/trouble-with-money
• Everyday Money for Everyday People book: https://www.amazon.com/Everyday-Money-People-Todd-Christensen/dp/161206079X
• 50+ on FIRE book: https://www.amazon.com/gp/product/B08VH817DV
• Check out our website: https://raisingfinancialfreedom.com/
• Like us on Facebook: https://www.facebook.com/RaisingFinancialFreedom
•    Like us on Twitter: https://twitter.com/RF_Freedom
  
  

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#024Today, I am lucky to have Liz Frazier. She is a Certified Financial Planner specializing in financial planning for families and working professionals. She decided to go into financial planning after her first child's birth because, like so many other new parents, she realized the overwhelming need to make sure her family was financially prepared and protected. Her goal is to alleviate the anxiety surrounding finances and provide painless and straightforward advice for all of life's stages and changes.

Shareable Link: https://www.buzzsprout.com/1288991/8213311

For full show notes and transcript go to Raising Financial Freedom

In This Episode:

• [ 0:50 ] About Liz Frazier and the inspiration for her book, Beyond Piggy Banks and Lemonade Stands
• [ 5:20 ] The best games to play about money with your children 
• [ 8:20 ] The importance of having a financial foundation  
• [ 11:45 ] About the mixed messages when it comes to money 
• [ 15:10 ] What nine to five parents need to know about money
• [ 21:20 ] Action steps that you can implement today  
• [ 27:25 ] When children should get involved in investing 
• [ 33:30 ] Why parents don’t realize that they can teach their children about money

Links Mentioned: 

• Website: https://frazierfinancialconsultants.com
• Twitter: https://twitter.com/lfrazierpeck
• Instagram: https://www.instagram.com/lizfrazierpeck/
• Book: Beyond Piggy Banks and Lemonade Stands: How to Teach Young Kids About Finance (and They're Never Too Young)
• Check out our website: https://raisingfinancialfreedom.com/
• Like us on Facebook: https://www.facebook.com/RaisingFinancialFreedom
•   Like us on Twitter: https://twitter.com/RF_Freedom

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#023 Today will be a solo episode talking about the latest in financial literacy news and talking about Financial Literacy Month coming in April

Shareable link:https://www.buzzsprout.com/1288991/8163553

Links Mentioned: 

• https://www.eschoolnews.com/2021/03/16/every-single-middle-school-student-can-benefit-from-financial-literacy-education-according-to-new-study/
• https://www.prnewswire.com/news-releases/3-financial-literacy-statistics-that-need-to-change-in-2021-301246352.html
• https://theundefeated.com/features/pro-athletes-supporting-financial-literacy-for-kids-and-young-adults/

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#022 Today, I am lucky to have Aja McClanahan. Aja started her money journey as a broke college student. Majoring in economics, Aja still had no idea how to handle money when she graduated. Fast forward to marriage, and between Aja's husband and herself, they had accumulated over $120,000 in debt. Luckily, they paid it all off in 2013, and now she is showing others how to do the same.

Shareable link: https://www.buzzsprout.com/1288991/8119512

For full show notes please go to Raising Financial Freedom

In This Episode:

• [ 2:20 ] The biggest challenge Aja had to overcome when writing her book
• [ 6:10 ] How to battle the stigma of money and the secretive habits parents have about their finances
• [ 8:45 ] What Aja is teaching her daughters about money  
• [ 18:00 ] Making the financial transition from single to marriage  
• [ 20:55 ] How the money mindset of men differs from women  
• [ 26:25 ] About Aja’s vision for her children when it comes to money   
• [ 30:35 ] What people don’t realize about money 

Links Mentioned: 

• Website: https://principlesofincrease.com/
• Podcast: https://principlesofincrease.com/category/podcast/
• Instagram: https://www.instagram.com/principlesofincrease/
• Facebook: https://www.facebook.com/principlesofincrease/
• YouTube: https://www.youtube.com/c/PrinciplesofIncreaseTv
• Money Conversations with Our Daughters
• How a Mother Should Talk about Money with Her Daughter - by Aja McClanahan
• Check out our website: https://raisingfinancialfreedom.com/
• Like us on Facebook: https://www.facebook.com/RaisingFinancialFreedom
•  Like us on Twitter: https://twitter.com/RF_Freedom

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#021 Today, I am lucky to have Cristina Yasakci. She is a Credit Management Coach with more than 20 years of experience. She is empathetic with her clients and tenacious with their creditors, sharing an insider's perspective on credit, lending, and collections. Her seminars have reached hundreds of individuals and business owners, transforming their credit through education and attention to detail. In a world where credit often seems mysterious, Cristina is dedicated to leveling the playing field.

Shareable link: https://www.buzzsprout.com/1288991/8072568

For complete show notes and transcript please go to Raising Financial Freedom

In This Episode:

• [ 1:37 ] Why is this nation built on debit and credit?
• [ 4:12 ] How we can start building credit for our children  
• [ 13:07 ] The rate at which children can build credit  
• [ 19:47 ] When to introduce the concept of credit
• [ 21:47 ] Why personal finance is not taught in schools 
• [ 27:42 ] The state of credit right now  

Links Mentioned: 

• For help:https://raisingfinancialfreedom.com/credit
• Website: https://creditachievers.today/
• LinkedIn: https://www.linkedin.com/company/credit-achievers-today/
• Facebook: https://www.facebook.com/CreditAchievers
• Check out our website: https://raisingfinancialfreedom.com/
• Like us on Facebook: https://www.facebook.com/RaisingFinancialFreedom
•  Like us on Twitter: https://twitter.com/RF_Freedom

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#20 Today, I am lucky to have J Grayson. J decided to join the military at 18. He didn't even attend his high school graduation because J was in boot camp when it happened. To say the military has been life-changing is an understatement. In the military, you learn many things such as time-management, leadership, discipline, health, and nutrition. These different aspects are not necessarily financially related, but they play a role in having a healthy and prosperous life.

For full show notes and  transcript please go to Raising Financial Freedom

In This Episode:

• [ 2:10 ] J Grayson speaks about the military
• [ 6:55] What to know about joining the military  
• [ 8:30 ] About Mr. Money Mustache
• [ 10:50 ] How you can hack the GI Bill  
• [ 14:25 ] All about house hacking  
• [ 21:35 ] Budgeting while in the military   
• [ 31:35 ] The importance of paying yourself first

Links Mentioned: 

• Mr. Money Mustache: https://www.mrmoneymustache.com/
• Fed On Fire: https://www.fedonfire.com/
• Check out our website: https://raisingfinancialfreedom.com/
• Like us on Facebook: https://www.facebook.com/RaisingFinancialFreedom
•  Like us on Twitter:https://twitter.com/RF_Freedom

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#019 Today, I am lucky to have Beth Walker join the show. Beth is a Colorado Springs, Colo., advisor specializing in financial strategies for families with college-bound children has joined the Carson Wealth office with $70 million in client assets. Walker, the author of "Never Pay Retail for College," established her advisory practice in 2002. She broadened her service offering under the name Center for College Solutions in 2017 with her book's release.

For full show notes and transcript go to Raising Financial Freedom.com

In This Episode:

• [ 1:75 ] The state of education spending on college
• [ 4:45 ] About the inspiration behind Beth’s book, “Never Pay Retail for College”
• [ 6:30 ] Understanding the seriousness of borrowing money for college 
• [ 10:30 ] Learning about the hidden costs of college 
• [ 15:15 ] The mindset we need when thinking about college 
• [ 18:30 ] Why school selection will be imperative to success   
• [ 20:05 ] The importance of cash flow in college 
• [ 22:35 ] Challenges that parents will have to overcome 

Links Mentioned: 

• Center For College Solutions: https://www.centerforcollegesolutions.com/
• Email: [email protected]
• Phone: (719) 522-2278
• Check out our website: https://raisingfinancialfreedom.com/
• Like us on Facebook: https://www.facebook.com/RaisingFinancialFreedom
•   Like us on Twitter:https://twitter.com/RF_Freedom

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