FI for Kids

Show Your Kids the Path to Financial Independence through Purposeful Real Estate Investing that Lifts Communities – with Fuquan Bilal


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In this episode of FI for Kids, host Dominic DeLaquil interviews Fuquan Bilal, a seasoned real estate investor with over 25 years of experience. Fuquan shares his journey from a challenging childhood with a scarcity mindset to becoming a successful investor focused on providing quality, affordable housing. He emphasizes the importance of financial literacy, teaching his children about money, and the impact of purposeful capitalism in communities. The conversation also covers strategies for aspiring investors and the mission of the NNG Capital Fund.


Episode links:

https://nngcapitalfund.com/

Book:  Rich Dad, Poor Dad

https://fiforkids.com

Music:  https://www.reverbnation.com/douglascameron

Sponsors:  https://millionstories.com/


Takeaways

Money was viewed as evil during Fuquan's childhood.

He learned to master money instead of being a slave to it.

Teaching financial literacy to his children is a priority.

Fuquan's oldest son has an impressive credit score.

He started in real estate by shadowing family members.

The 2008 crash shifted his focus to cash flow properties.

NNG Capital Fund aims to provide affordable housing.

Purposeful capitalism benefits both investors and communities.

Legacy is about leaving a positive impact on others.

Networking is crucial for success in real estate.


Chapters

00:00 Introduction to Financial Independence for Kids

01:49 Sam Sells: Background and Mission

05:07 The Importance of Home Life in Financial Education

08:33 Money as a Tool for Freedom and Choice

11:24 Teaching Kids About Money

17:41 Connecting Money to Life Goals

20:45 Understanding Wealth and Its Impact

22:24 Transforming Distressed Communities

25:06 Innovative Solutions for Public Housing

27:40 Breaking the Cycle of Poverty

31:05 Creating Sustainable Change

35:31 Investing in Impact: A New Paradigm

40:38 Empowering Others to Make a Difference


#financialindependence #personalfinance #moneymanagement #investing

#financialfreedom #FI #FIRE #entrepreneurship #kidsandmoney #passiveincome #moneymindset #teachkidsmoney #investinkids #parenting #wealthbuilding #familyfinance #investinginkids #familybusiness #realestateinvesting



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