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Ep 230: Your kids will be poor if you don't listen to this episode
Manage episode 501713756 series 3502811
đ Connect with us on social media for more wealth-building tips:
- đ¸ Instagram: @weeklywealthpodcast
- đ Facebook: Weekly Wealth Podcast Community
- đ Website: www.weeklywealthpodcast.com
Itâs that time of year againâback to school season! And while our kids are busy hitting the books, many of them are missing out on some of the most important lessons of all: how to handle money.
In this weekâs episode of The Weekly Wealth Podcast, Certified Financial Planner⢠David Chudyk shares 10 financial truths he wishes schools would teach kidsâplus one powerful bonus tip. These are lessons every parent, student, and young adult needs to hear.
đĄ Money isnât just dollars and centsâitâs a tool. A tool to reduce stress, improve lives, and create opportunities. Whether youâre a parent raising teens or a young adult navigating early career decisions, these insights can shape a lifetime of financial confidence.
What Youâll Learn in This Episode:
- đź Lesson #1: Why the harder you are to replace, the more you get paid
- đ Lesson #2: How college and career choices are some of the biggest financial decisions youâll ever make
- đł Lesson #3: The real cost of credit cards and debt (and how it sneaks up on you)
- đ§ž Lesson #4: The basics of taxes everyone should understand before getting a paycheck
- đ Lesson #5: How compounding interest can turn small savings into massive wealth
- đĄ Lesson #6: Why budgeting isnât about restrictionâitâs about priorities
- âł Lesson #7: The opportunity cost of small daily choices (like skipping that $13 lunch)
- đ Lesson #8: Why your parentsâ lifestyle took decades to buildâand yours will too
- đĄ Lesson #9: The unsexy but critical role of insurance and risk management
- đ Lesson #10: Why money alone wonât make you happy (and what actually does)
- â Bonus Tip: Choose your hardâboth financial sacrifice and financial stress are hard, but one leads to freedom
Why This Episode Matters
Most financial stress isnât about not making enough moneyâitâs about not handling it wisely. By teaching these lessons early (or learning them now), we can reduce stress, avoid debt traps, and build lives of financial freedom and peace.
Resources & Links Mentioned
- đ Book your 10-Minute Wealth Vision Call â weeklywealthpodcast.com/vision
- đ Share this episode with a parent, student, or friend who could benefit from learning these lessons!
239 episodes
Manage episode 501713756 series 3502811
đ Connect with us on social media for more wealth-building tips:
- đ¸ Instagram: @weeklywealthpodcast
- đ Facebook: Weekly Wealth Podcast Community
- đ Website: www.weeklywealthpodcast.com
Itâs that time of year againâback to school season! And while our kids are busy hitting the books, many of them are missing out on some of the most important lessons of all: how to handle money.
In this weekâs episode of The Weekly Wealth Podcast, Certified Financial Planner⢠David Chudyk shares 10 financial truths he wishes schools would teach kidsâplus one powerful bonus tip. These are lessons every parent, student, and young adult needs to hear.
đĄ Money isnât just dollars and centsâitâs a tool. A tool to reduce stress, improve lives, and create opportunities. Whether youâre a parent raising teens or a young adult navigating early career decisions, these insights can shape a lifetime of financial confidence.
What Youâll Learn in This Episode:
- đź Lesson #1: Why the harder you are to replace, the more you get paid
- đ Lesson #2: How college and career choices are some of the biggest financial decisions youâll ever make
- đł Lesson #3: The real cost of credit cards and debt (and how it sneaks up on you)
- đ§ž Lesson #4: The basics of taxes everyone should understand before getting a paycheck
- đ Lesson #5: How compounding interest can turn small savings into massive wealth
- đĄ Lesson #6: Why budgeting isnât about restrictionâitâs about priorities
- âł Lesson #7: The opportunity cost of small daily choices (like skipping that $13 lunch)
- đ Lesson #8: Why your parentsâ lifestyle took decades to buildâand yours will too
- đĄ Lesson #9: The unsexy but critical role of insurance and risk management
- đ Lesson #10: Why money alone wonât make you happy (and what actually does)
- â Bonus Tip: Choose your hardâboth financial sacrifice and financial stress are hard, but one leads to freedom
Why This Episode Matters
Most financial stress isnât about not making enough moneyâitâs about not handling it wisely. By teaching these lessons early (or learning them now), we can reduce stress, avoid debt traps, and build lives of financial freedom and peace.
Resources & Links Mentioned
- đ Book your 10-Minute Wealth Vision Call â weeklywealthpodcast.com/vision
- đ Share this episode with a parent, student, or friend who could benefit from learning these lessons!
239 episodes
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