Grow Money Business with Grant Bledsoe

Bitcoin and Ethereum are the two biggest cryptocurrencies in the world. They experienced a severe fall last year, but in the past couple of months, they have started to rebound. It's time to stay alert if you are interested in purchasing cryptocurrency ahead of time. This week on the show, we discuss whether it's a good idea to jump back into cryptocurrency, how to make a Bitcoin purchase, cryptocurrency as an alternative investment, the current state of El Salvador, and more. [06.26] Bitcoin transaction – Grant explains the effectiveness and efficiency of Bitcoin transactions, which are direct transactions through the world banking system. [14.22] Purchasing Bitcoin – Grant explains the process of purchasing cryptocurrency. [18.50] Alternative investment – Grant walks us through the areas we need to address and makes sure they are safe if we are to purchase cryptocurrency. [23.43] El Salvador: Grant explains how El Salvador became indebted to the tune of $800 million after accepting Bitcoin as legal currency. Resources: El Salvador says it paid maturing $800 million bond – apnews.com/article/cryptocurrency-politics-nayib-bukele-el-salvador-bitcoin-ba35f3d24c9e866e5dcd410e1eb456bd How Sam Bankman-Fried swindled $8 billion in customer money, according to federal prosecutors – cnbc.com/2022/12/18/how-sam-bankman-fried-ran-8-billion-fraud-government-prosecutors.html Coinbase - coinbase.com/ Kraken - kraken.com/ Bitcoin - bitcoin.org/en/ Ethereum - ethereum.org/en/

It's never too late or too early to make your kids save money because saving today is an investment in the future. In this week's episode of the Grow Money Business podcast, Grant talks about the financial lessons you should teach your kids. Throughout the conversation, we cover, the importance of saving, compound interest, tax-advantaged investing, employing your kids in your business, and more. [05.51] The importance of saving – Starting the conversation, Grant shares why we need our kids to know the importance of saving money for themselves. [09.35] The power of compound interest – Grant discusses how to make kids save money by showing and guiding them through compound interest. [18.06] Compound growth – Grant shares the importance of long-term compound growth and how powerful it can be. [20.03] Tax-advantaged investing - Grant walks us through the right time to introduce tax-advantaged investing to your children. [25.26] Employing – Grant shares how to employ your kids in your business if you have that kind of opportunity and save cash on their behalf.