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Episode 69: Raising Financially Savvy Kids With Lacey Filipich Part 2

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In part 1 of the episode with Lacey Filipich from Money School we discussed how to raise financially savvy kids, we talked about when you could start educating your children regarding financial matters and how to make it fun and engaging.

In continuation of our discussion from last week, in this episode Lacey gives us important advice on how we can help our children avoid difficult financial situations. We also talk about some of the things to consider when deciding what wealth to leave to our kids. 

Find out all the answers in this second part of raising financially savvy kids with Lacey Filipich. Let’s go inside!

Resource Links:

Episode Highlights:

  1. Introduction [0:00]
  2. Preventing your kids from going wrong with financial matters [1:08]
  3. Trust between parents and kids is important if you want the kids to become financially independent [6:05]
  4. Break the taboo around not talking about money matters with your kids [7:58]
  5. Advice around leaving wealth to your children [9:56]
  6. Start building your financial assets first before building assets for your children [17:35]

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