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#047.  Today’s guest is John Crane. We discuss his journey into the financial services space.  What inspired him to write this book, and how cashflow management is the #1 determinant of long term financial success or failure.  John outlines why traditional budgets fail and the simplicity behind the concept of The One-Number budget.  We dive into how we can use the one-number budget concept to help their kids learn to put aside money for their future self

We discuss the the common mindset of families who are successful in ensuring their children are developing the right financial skills around money, the college conversation you need to prepare for in advance and one of the greatest gifts we can give our kids.  

John outlines what financial vampires are and how to avoid them, how consumer debt gives us the illusion of choice.  And we close with what lifetime cashflow management is and why it is important for people to think about this.

Show notes and more at:

https://moneydadpodcast.com/session047

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