On today’s episode we’re talking about how to teach your kids to save where they value it. Rosie is an incredible saver, is incredible at money management, and has really helped Adam change to be better with money. Our simple tip is just show your kids the principle of compound interest and how it can grow if they don’t touch it and keep adding to it.

A tool that we use to change out kids’ minds 1:01
Compound interest 3:00
Creating goals 6:00

“When you flip it to where he’s driving it, see the difference, he was looking for more ways to earn money, to grow it, which means that he wants to work to earn money, which means he’s going to be less idle, more driven. Who is going to have time for all the stuff you don’t want your kids to be doing if they have this drive towards ‘When I finish school I want a car, when I finish school I want a house.’ When they have that internal driver, everything changes.” 6:15

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