Passive income: making money while you sleep. Sounds great, right? This is the entire idea behind “retirement.” I use quotations, because most people nowadays agree that retirement simply means not having to work — it doesn’t mean doing absolutely nothing (how retirement used to be viewed).
In this video, we talk about the practical money lessons your teen needs to know before they move out. We also talk about how to instill these lessons and ideas. There’s still hope even if they’ve already moved out (I mention the solution for that in the end).
In this video, we talk about 12 great jobs for young kids, including kids under 14 years old. Some of these jobs are pretty unique. We also go into the actual child labor laws and what they really are.
In this video, I explain how easy it is for kids to invest well and become a millionaire by the time they retire. I also go into the harmful things you shouldn’t do to teach investing to your kids.
In this video, I explain the system we use to pay our 5 kids for the chores and work they do around the house. They have to pay rent, they can be fired, and they have job interviews. We talk about allowance vs commission vs our system.
In this video, we talk about how it may be hurting your kids if you don’t show them your finances. Let them learn from your mistakes and your success. Let’s normalize talking about money.