In this video, I discuss what and how to teach your kids about money. The video covers 6 of life's most important money lessons:
-The importance of credit
-The importance of tax free investment growth using a Roth IRA
-The importance of insurance and more importantly understanding what you are buying
-Why credit card debt is very dangerous
-Spending less than you earn
-Why banking relationships matter
This video will help anyone who wants to learn more about the fundamentals of money and how to discuss these in a non-technical way with family members.
The Graham Stephan Video Mentioned in this Video:
The Millionaire Investing Advice for Teenagers
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Thank you Graham
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Disclaimer: this video is for educational and entertainment purposes only and is not meant to be a substitute for legal, accounting, tax, or professional advice. If you have any specific questions about any legal, accounting, tax or other professional service matter you should consult the appropriate professional services provider.
