Ep 135: BACK TO SCHOOL: Why your kids might end up being poor.
The Weekly Wealth Podcast · David Chudyk
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Show Notes
If you are like me, you have children and you want them to be financially successful and have minimal financial stress. This episode talks about some ideas that schools should implement into their curriculums and, if they don't then parents should teach their children these concepts.
1. Personal accountability - we have a lot more control over our financial successes (and failures) than we might think that we do. Our decisions matter.
2. Basic financial literacy - we should all know what the basic financial tools are and how to use them to our benefits.
3. Income - expenses MUST equal greater than zero. In addition to spending less, this topic talks about how we can all increase our incomes.
4. Be very careful about college decisions - if you must borrow money for school, make sure that you are picking a career that offers the earning potential that will allow you to pay off the loans.
#backtoschool #teenagers #money #schoolisback #financialliteracy
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