Share this
by James Robert Lay on March 28, 2022
Brief Summary of Episode #179
Gimme, gimme, gimme.
Sometimes it seems that’s all your kids say these days.
From iPads to designer clothes, kids always want a lot of stuff.
How do you teach them the value of money?
Our guest, Chad Willardson, Founder and President at Pacific Capital, is a best-selling author and the twice-elected Treasurer for his sunny SoCal community. He’s also the Co-Founder and Co-Owner of GravyStack, a gaming app for kids that lets them earn while learning.
He believes that financial discussions should happen around the dinner table.
Schools certainly aren’t teaching your child about earning, investing, and managing money.
Chad’s book, “Smart, Not Spoiled: The 7 Money Skills Kids Must Master Before Leaving the Nest”, helps you give your family a clear advantage.
85% of Americans have money worries.
Negative news cycles create a scarcity mindset.
Financial education and coaching for children and families combat that by encouraging growth.
It also builds equity, inclusivity, and generational wealth.
Key Insights and Takeaways
- The challenges parents face when teaching financial literacy
- The best ways to inculcate sound financial habits in kids
- Why learning to earn is as important as learning to manage money