FI for Kids

Want your kids to build smart money habits early? Discover how small, consistent steps can lead to lifelong financial independence.https://fiforkids.comhttps://www.travelmultiplier.com/a/2147995438/ZvFztA6E  In this episode of FI for Kids, Dominic DeLaquil sits down with Nick Grose to explore how parents can set their children — and themselves — on the path to financial freedom. From the power of compounding to the benefits of 529 plans, custodial accounts, and Roth IRAs, they break down practical ways to start building wealth today.Nick shares how family conversations about money shape financial confidence, why market downturns can actually be golden opportunities, and how the discipline he learned in sports translates to financial success. Most importantly, this conversation emphasizes that financial independence doesn’t come from one big leap — it comes from consistent, small actions that compound over time.Whether you’re a parent hoping to teach your kids money skills, or a young adult ready to take control of your financial future, this episode is packed with tools, mindset shifts, and action steps to help you build a legacy of freedom.What you’ll learn:·       How 529 plans and custodial accounts work for kids·       Why Roth IRAs can be powerful for teens and young adults·       The role of parents in shaping money habits early·       Why consistency beats perfection in saving and investing·       How discipline from sports applies to financial success·       Why downturns can be opportunities for young investorsIf you want your kids (or yourself) to start building wealth and confidence with money, this episode will give you the tools to start.Investment Advisory Services offered through Bay Colony Advisors DBA Grose Wealth Management. None of this information should be considered financial advice. No financial advice may be rendered without a signed investment advisory contract. Support this podcast at — https://redcircle.com/fi-for-kids/donations

Teach your kids money skills while unlocking free family travel. Tim Walker joins Dominic DeLaquil to share how financial independence, travel hacking, and simple money conversations can transform your family’s future.https://www.fiforkids.comSponsor:  https://www.travelmultiplier.com/a/2147995438/ZvFztA6EMusic:  https://www.reverbnation.com/douglascameronIn this episode of FI for Kids, Tim shares his journey from a challenging upbringing to becoming an expert in travel hacking—using rewards points and strategic credit card use to fund luxurious family trips for free. He and Dominic explore how financial independence empowers families to serve their communities, prioritize experiences over possessions, and raise kids who are confident with money.You’ll learn how to:·       Start early with money lessons that stick.·       Maximize credit card rewards for travel savings.·       Balance budgeting, credit responsibility, and fun.·       Involve kids in real financial decisions.·       Use travel hacking as a tool for memories, not just miles.Whether you’re new to financial independence or looking to optimize your travel rewards, this conversation gives you practical strategies and inspiration to build wealth, teach your kids, and see the world together.Chapters00:00 Introduction to Financial Independence for Kids02:28 Tim Walker's Background and Money Lessons05:15 Parenting and Teaching Kids About Money08:14 The Importance of Experiences Over Materialism10:58 Transitioning to Travel Hacking13:53 Pursuing Financial Independence16:44 The Journey to Travel Hacking18:51 Travel Hacking Basics and Strategies26:51 Setting Travel Goals28:13 Strategic Credit Card Sign-Ups29:46 Maximizing Rewards and Points Value32:16 Understanding Different Types of Points34:25 Choosing the Right Credit Cards35:55 Leveraging Business Cards for Travel38:21 Advanced Travel Hacking Techniques41:03 Simplifying Travel Hacking for Everyone43:18 Involving Kids in Travel Hacking47:09 Building Credit for Future Generations48:56 Resources and Services for Travel HackingKeywords: financial independence, financial freedom, rewards points, travel hacking, travel rewards, parenting, money lessons, , teach kids about money, community service, budgeting, kids and money, personal finance, financial education, youth finance, entrepreneurship, money mindset, education, young investors, FIRE, FI, teach kids money, invest in kids, family finances, passive incomeSupport this podcast at — https://redcircle.com/fi-for-kids/donations

Want financial independence that lasts through market downturns? In this episode of FI for Kids, Dominic DeLaquil speaks with father-son duo Roger and Nate Conrad about dividend investing, AI in business, and the future of utilities and energy. Roger shares proven dividend strategies for reliable income, while Nate explains how AI can empower smarter financial decisions. Together, they show how financial education, emotional discipline, and sustainable investing can build wealth across generations.Want financial independence that lasts through market downturns? Learn how dividend strategies, AI in business, and energy investing can build wealth for the long term.In this episode of FI for Kids, host Dominic DeLaquil speaks with father-son duo Roger and Nate Conrad. Roger, a seasoned investment advisor, shares insights on dividend strategies, sustainable investing, and navigating downturns with confidence. Nate brings his perspective on AI’s role in helping entrepreneurs make smarter financial decisions. Together, they highlight the importance of financial education, emotional discipline, and preparing for the future of utilities and energy.What you’ll learn in this episode:Why dividend investing can provide reliable income during volatile marketsHow sustainability strengthens long-term company performanceThe role of AI in empowering—not replacing—business leadersWhy utilities and energy are poised for massive growthLessons in money management passed down from parent to childIf you want to build wealth, teach financial independence, and prepare for the future economy, this episode is packed with valuable insights.Episode links:https://fiforkids.comhttps://conradsutilityinvestor.comMusic:  https://www.reverbnation.com/douglascameronSponsors:  Money Mavericks  Chapters00:00 Introduction to Financial Independence for Kids02:47 Lessons on Money from Childhood05:37 The Importance of Financial Conversations08:27 Understanding Dividend Investing11:10 Evaluating Company Sustainability14:09 Finding Reliable Investment Information16:45 The Balance Between Active and Passive Investing18:50 Navigating Market Downturns and Emotional Detachment28:31 Investing Strategies During Market Downturns35:04 Embracing AI in Business41:10 The Future of Utilities and Energy InvestingSupport this podcast at — https://redcircle.com/fi-for-kids/donations

Help your kids grow confident with money. Learn how clarity, confidence, and open conversations build financial independence and generational wealth from an early age. Want to raise kids who feel confident and clear about money? In this episode of FI for Kids, host Dominic DeLaquil sits down with Matt Morizio, founder of Reconstructing Wealth, to explore how parents can teach children financial independence and shift away from fear-based money habits. Matt shares how growing up with a scarcity mindset shaped his early relationship with money—and how he’s now helping his seven children develop clarity, confidence, and emotional detachment around money. From practical tips to powerful mindset shifts, this conversation is packed with insights on teaching kids finance, building generational wealth, and creating a positive money culture at home. Support this podcast at — https://redcircle.com/fi-for-kids/donations

Give your kids a head start on financial independence - Fadi Habib shares how money mindset, responsible investing, and options trading can build lasting wealth more quickly.Want your kids to reach financial independence faster?This episode of FI for Kids is all about giving the next generation the tools to build wealth early.Host Dominic DeLaquil speaks with Fadi Habib, founder of the Legacy Wealth Builder Academy. Together they dive into:·       How cultural taboos around money keep families from building wealth·       Teaching kids money mindset + responsible investing·       Why Warren Buffett’s early habits are a blueprint for youth finance·       Market psychology, emotional investing, and the long-term wealth mindset·       Options trading explained simply — and how it can help create financial freedom·       The “Growth System” Fadi uses to help students achieve lasting financial successWhether you’re a parent, teen, or young adult, this episode will help you see money differently and start building a smarter path to financial independence.https://legacywealthbuilderacademy.com/https://fiforkids.comMusic:  https://www.reverbnation.com/douglascameronSponsors:  https://singletonfoundation.org/Chapters00:00 Introduction to Financial Independence for Kids00:58 Early Lessons About Money04:19 Cultural Perspectives on Money05:28 The Taboo of Money Conversations07:35 The Employee Mentality and Financial Education10:12 Encouraging Financial Exploration in Kids11:19 Learning from Warren Buffett's Early Ventures14:08 Transitioning to Higher Education and Online Teaching15:55 Parallel Paths: Employment and Investing17:01 Understanding the Cash Flow Quadrant19:15 The Importance of Responsible Investing20:50 Market Behavior and Emotional Investing23:32 Long-Term Value vs. Short-Term Price Fluctuations25:12 Market Opportunities and Value Investing26:06 Understanding Options: Calls and Puts29:29 Risk Management in Options Trading32:57 Learning Options Trading: The Legacy Wealth Building Academy38:26 The Growth System: Goals, Research, and Practice46:47 Building a Legacy: Teaching Financial LiteracyKeywords: financial independence, investing, money mindset, financial education, youth finance, responsible investing, market psychology, options trading, wealth building, entrepreneurship, stock market, money mindset, education, young investors, personal finance, financial freedom, FIRE, FI, teach kids money, invest in kids, parenting, family finances, passive income, beat the stock market, earn high returns, Support this podcast at — https://redcircle.com/fi-for-kids/donations

Sean Tepper, founder of Tykr, joins host Dominic DeLaquil to share how to shift your money mindset, invest smarter, and teach young investors the path to financial independence. Learn how simple stock market strategies can help you build wealth faster.https://tykr.com/?red=fiforkhttps://fiforkids.comMusic:  https://www.reverbnation.com/douglascameronSponsors:  https://singletonfoundation.org/In this episode of FI for Kids, Sean reveals how he moved from a scarcity-based “work for money” mindset to entrepreneurship, why curiosity fuels success, and how Tykr’s traffic light system simplifies stock analysis. We cover tips for teaching kids about money, setting up custodial accounts, and using investing as a tool for long-term wealth building.Whether you’re a parent teaching personal finance to the next generation, a young investor just starting out, or an entrepreneur seeking financial independence, this conversation is packed with actionable strategies you can apply today.What You’ll Learn:How to shift from scarcity to abundance in your money mindsetWhy self-awareness is crucial for financial independenceHow custodial accounts can help young investors get startedWhy being a net buyer is key to long-term investing successHow Tykr simplifies the stock market for everyday investorsChapters:00:00 Introduction to Financial Independence01:04 Childhood Money Lessons and Mindset03:45 Overcoming the Scarcity Mindset05:33 Why Self-Awareness Matters for Financial Independence09:23 From Curiosity to Entrepreneurship11:07 Warren Buffett’s Influence on Investing Strategy15:04 Building TYKR for Smarter Stock Analysis17:52 Wealth-Building Strategies for Young Investors20:09 The Financial Independence Movement21:36 Market vs. Individual Stocks23:47 TYKR’s Approach to Stock Evaluation25:58 The Traffic Light System for Investing29:47 Curiosity in Personal Finance31:43 Educating the Next Generation on Investing34:38 How to Get Started with Ticker37:37 Final ThoughtsKeywords: financial independence, investing, entrepreneurship, Tykr, stock market, wealth building, money mindset, education, young investors, personal finance, financial freedom, FIRE, FI, teach kids money, invest in kids, parenting, family finances, passive income, beat the stock market, earn high returns, sean tepper, Support this podcast at — https://redcircle.com/fi-for-kids/donations

In this episode of FI for Kids, host Dominic DeLaquil interviews Fuquan Bilal, a seasoned real estate investor with over 25 years of experience. Fuquan shares his journey from a challenging childhood with a scarcity mindset to becoming a successful investor focused on providing quality, affordable housing. He emphasizes the importance of financial literacy, teaching his children about money, and the impact of purposeful capitalism in communities. The conversation also covers strategies for aspiring investors and the mission of the NNG Capital Fund.Episode links:https://nngcapitalfund.com/Book:  Rich Dad, Poor Dadhttps://fiforkids.comMusic:  https://www.reverbnation.com/douglascameronSponsors:  https://millionstories.com/TakeawaysMoney was viewed as evil during Fuquan's childhood.He learned to master money instead of being a slave to it.Teaching financial literacy to his children is a priority.Fuquan's oldest son has an impressive credit score.He started in real estate by shadowing family members.The 2008 crash shifted his focus to cash flow properties.NNG Capital Fund aims to provide affordable housing.Purposeful capitalism benefits both investors and communities.Legacy is about leaving a positive impact on others.Networking is crucial for success in real estate.Chapters00:00 Introduction to Financial Independence for Kids01:49 Sam Sells: Background and Mission05:07 The Importance of Home Life in Financial Education08:33 Money as a Tool for Freedom and Choice11:24 Teaching Kids About Money17:41 Connecting Money to Life Goals20:45 Understanding Wealth and Its Impact22:24 Transforming Distressed Communities25:06 Innovative Solutions for Public Housing27:40 Breaking the Cycle of Poverty31:05 Creating Sustainable Change35:31 Investing in Impact: A New Paradigm40:38 Empowering Others to Make a Difference#financialindependence #personalfinance #moneymanagement #investing#financialfreedom #FI #FIRE #entrepreneurship #kidsandmoney #passiveincome #moneymindset #teachkidsmoney #investinkids #parenting #wealthbuilding #familyfinance #investinginkids #familybusiness #realestateinvestingSupport this podcast at — https://redcircle.com/fi-for-kids/donations

In this episode of FI for Kids, host Dominic DeLaquil speaks with Sam Sells, an affordable housing advocate and founder of Impact Growth Capital. They discuss Sam's journey from military service to advocating for affordable housing, emphasizing the importance of financial literacy and the role of home life in shaping financial mindsets. Sam shares insights on teaching children about money, the significance of the 70-10-10-10 rule, and innovative approaches to community development. The conversation highlights the challenges of public housing policies and the potential for social impact investing to create sustainable communities and lift a million people out of poverty.Episode links:https://impactgrowthcap.com/https://www.linkedin.com/in/samuelsells/https://fiforkids.comMusic:  https://www.reverbnation.com/douglascameronSponsors:  https://singletonfoundation.org/TakeawaysFinancial well-being starts at home and shapes future generations.Money is a tool that can create choices and freedom.Teaching children about money is crucial for their future success.The 70-10-10-10 rule can help individuals manage their finances effectively.Breaking the cycle of poverty requires innovative solutions and community support.Public housing policies often perpetuate poverty rather than alleviate it.Investing in affordable housing can lead to significant social impact.AI can provide valuable insights for community development and personal growth.Understanding the importance of financial literacy can empower individuals to make better choices.Social impact investing can yield both financial returns and positive community outcomes.Chapters00:00 Introduction to Financial Independence for Kids01:49 Sam Sells: Background and Mission05:07 The Importance of Home Life in Financial Education08:33 Money as a Tool for Freedom and Choice11:24 Teaching Kids About Money17:41 Connecting Money to Life Goals20:45 Understanding Wealth and Its Impact22:24 Transforming Distressed Communities25:06 Innovative Solutions for Public Housing27:40 Breaking the Cycle of Poverty31:05 Creating Sustainable Change35:31 Investing in Impact: A New Paradigm40:38 Empowering Others to Make a Difference#financialindependence #personalfinance #moneymanagement #investing#financialfreedom #FI #FIRE #entrepreneurship #kidsandmoney #passiveincome #moneymindset #teachkidsmoney #investinkids #parenting #wealthbuilding #familyfinance #investinginkids #familybusiness #realestateinvestingSupport this podcast at — https://redcircle.com/fi-for-kids/donations

In this episode of FI for Kids, host Dominic DeLaquil interviews Brian Tibbs, who achieved financial independence at 44. They discuss Brian's journey, the importance of teaching children about money, and the innovative 50-40-10 system he implemented with his kids. Brian shares insights from his book, The Hacker Method, which emphasizes creative wealth-building strategies, including house hacking and investing early. The conversation highlights the significance of parental guidance in fostering financial literacy and the value of taking calculated risks in investing.Episode links:https://theunexpectedinvestor.com   Book:  The Hacker Method by Brian Tibbs  Please use our affiliate link: https://amzn.to/454lH8Qhttps://fiforkids.comMusic:  https://www.reverbnation.com/douglascameronSponsors:  Money Mavericks video gameTakeawaysBrian achieved financial independence at 44 while being a missionary.Teaching kids about money is crucial for their future.The 50-40-10 system helps kids manage their finances effectively.Investing early can lead to significant wealth accumulation.House hacking can provide financial freedom for young adults.Parental guidance plays a vital role in financial literacy.Understanding money management starts at a young age.Taking calculated risks is essential in investing.The Hacker Method offers a framework for building wealth.Community support can enhance accountability in financial goals.Chapters00:00 Introduction to Financial Independence00:48 Missionary Work and Its Impact02:56 Lessons from Childhood Money Conversations06:02 Teaching Kids About Money10:43 The 50-40-10 System for Wealth Building13:40 The Hacker Method Explained23:05 The Power of Exponentiality in Investing25:43 The Importance of Starting Small in Investing31:07 The Journey of a Young Investor38:28 Building a Community of Investors#financialindependence #personalfinance #moneymanagement #investing#financialfreedom #FI #FIRE #entrepreneurship #kidsandmoney #passiveincome #moneymindset #teachkidsmoney #investinkids #parenting #wealthbuilding #familyfinance #investinginkids #familybusiness #realestateinvestingSupport this podcast at — https://redcircle.com/fi-for-kids/donations

In this episode of FI for Kids, host Dominic DeLaquil interviews Marcus Howard, a hedge fund manager and founder of Tradechology Academy. They discuss the importance of financial literacy for kids on the path to financial independence, the impact of a scarcity mindset, and the innovative approach of Tradecology Academy, which combines interactive storytelling with financial education to teach investing, history, and the path to financial freedom to kids and parents.   Marcus shares insights on the importance of teaching financial concepts to the next generation and the need for personalized learning paths. The conversation also touches on the role of parents in financial education and the integration of mindfulness and AI in the learning process.Episode links:https://giveaway.tradechology.com/lp/164424/lp164424Book:  Preparing to Manage Millions  by Marcus L. HowardMusic:  https://www.reverbnation.com/douglascameronSponsors:  https://www.slyngshot.ai/TakeawaysGrowing up in a scarcity mindset can shape financial beliefs.Tradecology Academy aims to empower kids with financial knowledge.Interactive storytelling makes learning finance engaging for students.Feedback from students is crucial for improving educational programs.Personalized learning paths cater to individual student needs.Understanding investment styles is key to financial success.Parental involvement enhances children's financial education.Mindfulness practices can improve decision-making in finance.AI can provide personalized learning experiences for students.Starting financial education early gives kids a head start.Chapters00:00 Introduction to Financial Independence for Kids02:56 Understanding Hedge Funds and Accredited Investors06:23 The Birth of Tradecology Academy09:39 Navigating Regulations in Financial Education10:30 Interactive and Story-Driven Learning13:06 Feedback and Adaptation in Education15:25 Personalized Learning Paths for Students19:03 The Role of AI in Education20:50 Engaging Parents in Financial Education21:44 The Intersection of Education and Finance22:45 Success Stories in Financial Literacy23:26 Access to Information: The Key to Success25:31 Understanding Market Trends26:57 Empowering Students Through Education29:43 Simulated Learning for Real-World Application31:07 Cultivating an Abundance Mindset33:04 Tools for Behavioral Change34:51 The Responsibility to Educate the Next Generation37:06 Tradecology: A New Approach to Financial Education38:37 Actionable Advice for Parents and StudentsKeywordsfinancial independence, money management, teaching kids about money, rule of 72, investment strategies, financial literacy, wealth building, financial literacy, money multiplication, investing early, financial independence, wealth building, financial education, family finance, investing, financial planning, parenting, community engagement, investing in kids, future generations, parent kids passions, financial freedom, financial stability, true wealth, income strategies, money values, kids and moneySupport this podcast at — https://redcircle.com/fi-for-kids/donations

In this episode of FI for Kids, host Dominic DeLaquil speaks with Katherine Sellery, founder of the Conscious Parenting Revolution. They discuss the importance of fostering financial independence in children through conscious parenting techniques. Catherine shares her unique background in finance and how it shaped her approach to parenting. The conversation delves into conflict resolution, the significance of connection, and practical strategies for teaching children about money management. Catherine emphasizes the need for parents to understand their children's behaviors and to approach conflicts with curiosity rather than judgment.TakeawaysKatherine's diverse financial background influenced her parenting approach.Conflict in parenting is common and requires thoughtful resolution.Understanding children's behaviors is crucial for effective parenting.Connection is more important than discipline in parenting.Teaching kids about money management is a vital skill.Parents should focus on facilitating conflict resolution between siblings.Acknowledgment and appreciation foster positive behavior in children.Time spent understanding children is an investment in their emotional health.Using a guidance approach can transform parent-child relationships.Name it to tame it: helping children articulate their feelings is essential.Episode links:Book:  https://consciousparentingrevolution.com/ebook/https://consciousparentingrevolution.com/Music:  https://www.reverbnation.com/douglascameronSponsors:  Money Mavericks free video gameChapters00:00 Introduction to Conscious Parenting and Financial Independence02:36 Catherine's Unique Financial Background07:04 Transition from Commodities Trading to Parenting10:11 The Need for Effective Parenting Strategies14:56 Understanding Children's Behaviors18:55 Facilitating Conflict Resolution in Children23:33 The Importance of Time in Relationships26:12 Understanding Family Dynamics and the Triangle28:36 The Importance of Autonomy and Boundaries30:36 Navigating Sibling Relationships and Parental Perspectives34:21 The Role of Curiosity in Conflict Resolution37:51 Building Emotional Vocabulary in Children42:16 Long-Term Healing in Parent-Child Relationships45:06 Teaching Financial Responsibility and Contribution50:52 Resources for Conscious ParentingSupport this podcast at — https://redcircle.com/fi-for-kids/donations

In this episode, Dominic DeLaquil interviews Arunjay Katakam, author of 'Generation Hope: How Inclusive Economics Can Help Us All Thrive.' They discuss the importance of inclusive economics, the impact of childhood experiences on money mindset, and the journey from a scarcity to an abundance mindset. Arunjay shares insights on parenting, financial education for children, and the significance of generosity in business. The conversation emphasizes the need for conscious parenting and the influence of societal norms on financial decisions.TakeawaysMoney mindset is shaped by childhood experiences and societal influences.Shifting from a scarcity mindset to an abundance mindset is crucial for financial well-being.Generosity can lead to better business practices and employee satisfaction.Parents play a significant role in shaping their children's financial education.Allowing children to fail is essential for their growth and learning.Inclusive economics focuses on fair share and consideration for others.Conscious parenting involves discussing financial choices with children.Technology can distract from quality family time, requiring intentionality to manage.Financial independence is not just about wealth but also about doing good for others.The journey to understanding money is personal and varies for each individual.Episode links:Book:  Generation Hope:  How Inclusive Economics Can Help Us All Thrivehttps://www.arunjay.comMusic:  https://www.reverbnation.com/douglascameronSponsors:  https://millionstories.comChapters00:00 Introduction to Inclusive Economics02:36 Childhood Money Mindset and Influences05:39 Shifting from Scarcity to Abundance Mindset08:30 The Journey of Entrepreneurship and Success11:16 The Role of Generosity in Financial Success13:57 Parenting and Financial Education for Kids16:46 Navigating Societal Influences on Money Mindset19:51 The Importance of Allowing Kids to Fail23:23 Inclusive Economics and Its Principles25:48 The Impact of Generosity on Business28:49 Conscious Parenting and Financial Choices31:30 Technology and Its Influence on Family Time34:13 Conclusion and Final Thoughts47:26 New ChapterKeywordsfinancial independence, money management, teaching kids about money, rule of 72, investment strategies, financial literacy, wealth building, financial literacy, money multiplication, investing early, financial independence, wealth building, financial education, family finance, investing, financial planning, parenting, community engagement, investing in kids, future generations, parent kids passions, financial freedom, financial stability, true wealth, income strategies, money values, kids and moneySupport this podcast at — https://redcircle.com/fi-for-kids/donations

In this episode of FI for Kids, host Dominic DeLaquil speaks with Ashley Tison, a lawyer and entrepreneur, about the importance of teaching children financial independence. They discuss Ashley's own experiences with money growing up, the strategies he employs to educate his children about finances, and the benefits of investing in real estate or a business within Opportunity Zones, both for the investor and the people living within the opportunity zone.  The conversation also covers tax benefits, the role of trusts in family legacy, and innovative ways to involve children in financial decision-making.TakeawaysTeaching kids about money is crucial to their future success.Encouraging entrepreneurship can lead to valuable life skills.Opportunity Zones provide tax benefits for investors and those living in the zones.Investing in real estate can be a smart financial move.Using trusts can help manage family wealth effectively.Putting kids on payroll can teach them about earning and saving.Financial education should start early and be ongoing.Creating a family bank can promote responsible financial behavior.Understanding tax strategies can enhance investment returns.Involving children in financial discussions fosters responsibility. Episode links:https://ozpros.com/podcastMusic:  https://www.reverbnation.com/douglascameronSponsors:  https://groovemoney.org/Chapters00:00 Introduction to Financial Independence for Kids02:49 Lessons from Childhood: Money and Entrepreneurship05:34 Instilling Financial Values in the Next Generation08:23 Exploring Cash Flow and Financial Independence11:11 Understanding Opportunity Zones: A Primer13:55 The Benefits of Investing in Opportunity Zones16:44 Practical Applications of Opportunity Zones19:39 Strategies for Financial Freedom through Real Estate22:34 The Importance of Financial Education for Kids25:43 Unlocking Opportunity Zones: Beyond Real Estate29:02 Navigating Business Limitations in Opportunity Zones30:17 Intellectual Property and Opportunity Zones33:08 Future of Opportunity Zones: Legislative Changes35:52 Setting Up Opportunity Zones Across the Nation37:12 Tax Strategies for Families: Putting Kids on Payroll43:14 Creating a Legacy: Intentional Estate Planning51:36 New ChapterKeywordsfinancial independence, money management, teaching kids about money, rule of 72, investment strategies, financial literacy, wealth building, financial literacy, money multiplication, investing early, financial independence, wealth building, financial education, family finance, investing, financial planning, parenting, community engagement, investing in kids, future generations, parent kids passions, financial freedom, financial stability, true wealth, income strategies, money values, kids and moneySupport this podcast at — https://redcircle.com/fi-for-kids/donations

In this episode of FI for Kids, host Dominic DeLaquil speaks with financial advisor and podcast host Joe Curry about the importance of teaching children about money and financial independence. They discuss Joe's background, the lessons he learned about money from his family, and how he applies these lessons in his practice with clients approaching retirement. The conversation emphasizes the significance of understanding true wealth, prioritizing values, and the strategies for retirement income planning. Joe also shares insights on how he teaches his children about money management and decision-making, highlighting the importance of open conversations about finances. In this conversation, Joseph Curry discusses various strategies for retirement income planning, emphasizing the importance of understanding one's retirement income style and the need for a comprehensive financial plan. He introduces dynamic withdrawal strategies that allow for flexibility in spending during retirement, contrasting them with traditional methods. The discussion also highlights the significance of financial education and the role of financial advisors in helping clients navigate their retirement planning journey.Episode links:https://www.retirementplanningsimplified.ca/   Book:  The Latte FactorMusic:  https://www.reverbnation.com/douglascameronSponsors:  https://venturevalleygame.com/TakeawaysMoney is an ends to a means, not the end itself.Reflecting on values helps prioritize financial decisions.Having more than three priorities means you have none.Self-reflection is crucial for understanding priorities.Open conversations about money are essential for families.Teaching kids about money involves practical decision-making.Financial independence requires understanding and prioritizing values.Retirement planning should consider individual comfort levels with risk.Income protection strategies can provide peace of mind in retirement.Creating a financial roadmap helps achieve true wealth. Understanding your retirement income style is crucial for success.A combination of guaranteed income and investment strategies can provide security.Dynamic withdrawal strategies offer flexibility in retirement spending.It's important to have a financial plan that aligns with your goals.Financial education can empower individuals to make informed decisions.Advisors should focus on understanding clients' needs before recommending products.The retirement planning process should be approachable and not intimidating.Clear priorities can guide financial decisions and spending habits.Engaging with financial concepts can lead to better outcomes in retirement.Building a relationship with a financial advisor is key to effective planning.Chapters00:00 Introduction to Financial Independence for Kids02:14 Lessons from Childhood: Money and Values03:54 Transitioning to Retirement Planning05:38 Understanding True Wealth and Priorities11:03 Client Conversations: Values and Priorities16:01 Teaching Kids About Money and Prioritization22:27 Strategies for Retirement Income Planning24:58 Understanding Retirement Income Strategies32:01 Dynamic Withdrawal Strategies for Retirement40:41 The Importance of Financial Education and PlanningSound Bites"Money is more of a means to an end.""It's important to do that self-reflection.""Do we really want to work a few more years?""Money only goes so far, and I've got to decide.""Being open around money is a good thing.""We want to identify the retirement income style.""What's most important is understanding the plan.""The power of getting clear on your priorities.""Get clear on what is most important to you."Support this podcast at — https://redcircle.com/fi-for-kids/donations

In this episode of FI for Kids, host Dominic DeLaquil speaks with financial coach Julia Carlson about her journey to financial independence and the lessons she learned about money from her parents. Julia shares her experiences with money, including the realization that chasing wealth can lead to emptiness. She discusses the pivotal moment in her life that changed her perspective on money and led to the creation of her book,  “Money Loves You – Transform Your Relationship with Money and Grow Your Wealth”  The conversation covers the importance of understanding one's money story, the anti-budget approach to financial management, and the concept of financial seasons to help prioritize financial goals. In this conversation, Julia Carlson and Dominic DeLaquil explore the importance of financial empowerment, focusing on the mindset surrounding money, the significance of open discussions about finances in relationships, and the necessity of teaching children about money management. They discuss practical strategies such as the 90-day financial snapshot and the concept of money as both a mirror and an amplifier of one's values and intentions. The conversation emphasizes the need for consistent financial education and community outreach to foster a healthier relationship with money.TakeawaysJulia learned about money from parents with a healthy mindset.Money was seen as a tool, not a source of conflict.Chasing money can lead to feelings of emptiness.A pivotal moment in Julia's life changed her perspective on money.The importance of understanding one's money story.The anti-budget approach allows for flexible spending.Financial seasons help prioritize financial goals.Giving and receiving are essential in financial relationships.Mindset around money affects financial success.Intentional spending leads to financial independence. Energy goes, our focus flows.The importance of commitment in financial goals.Healthy money conversations reduce strife in relationships.A 90-day focus can lead to significant financial progress.Documenting financial journeys can show long-term growth.Money reflects the attention and intention we give it.Good stewardship of money leads to freedom from attachment.Teaching kids about money is crucial for their future.Community outreach is essential for spreading financial literacy.Practical steps can lead to a healthier money mindset.Sound Bites"Money as a symbol of my worthiness.""I had to unwind that.""My future self is important.""Where our focus goes, our energy flows.""Money is a tool, right?""Spend time with your money."Episode links:https://www.thejuliacarlson.com/  https://www.instagram.com/thejuliacarlson/Book:  Money Loves You Transform Your Relationship with Money and Grow Your WealthMusic:  https://www.reverbnation.com/douglascameronSponsors:  https://singletonfoundation.org/Chapters00:00 Introduction to Financial Independence for Kids00:34 Lessons from Childhood: Money Mindset02:58 The Pursuit of Money vs. True Fulfillment06:14 A Life-Changing Wake-Up Call08:11 The Birth of 'Money Loves You'11:14 Transforming Your Money Story12:37 The Anti-Budget Approach19:00 Understanding Financial Seasons21:45 The Power of Focus and Commitment22:59 Healthy Money Conversations in Relationships24:39 The 90-Day Financial Empowerment Snapshot26:28 Long-Term Financial Progress and Consistency27:23 Money as a Mirror and Amplifier31:15 Teaching Kids About Money Mindset36:35 Community Outreach and Financial Literacy40:44 Actionable Steps for Financial EmpowermentKeywordsfinancial independence, money management, teaching kids about money, rule of 72, investment strategies, financial literacy, wealth building, financial literacy, money multiplication, investing early, financial independence, wealth building, financial education, family finance, investing, financial planning, parenting, community engagement, investing in kids, future generations, parent kids passions, financial freedom, financial stabilitySupport this podcast at — https://redcircle.com/fi-for-kids/donations

In this episode of FI for Kids, host Dominic DeLaquil interviews Jeff Kikel, a chartered financial consultant and author of 'Freedom Day.' They discuss Jeff's journey from financial ignorance to financial independence, emphasizing the importance of budgeting, creating a bucket list, and retraining one's mindset to think like an entrepreneur. Jeff shares his eight-step process to achieve financial freedom, highlighting the significance of teaching financial literacy to children and young adults. In this conversation, Jeff Kikel and Dominic DeLaquil discuss the importance of building family businesses, retraining one's mindset for success, and creating passive income streams. They emphasize the significance of teaching financial independence to children and the effective use of the debt snowball method to eliminate debt. The discussion also highlights the necessity of tracking finances to understand one's minimum required income and achieve financial freedom. In this conversation, Jeff Kikel discusses the importance of understanding family finances, reaching financial independence, and living intentionally. He emphasizes the significance of family discussions about money, the concept of 'Freedom Day,' and the three types of freedoms one can achieve in life. Jeff also shares insights on creating a bucket list and the upcoming launch of his book, 'The Retirement Trap,' which aims to guide readers towards financial freedom.TakeawaysFinancial education often starts at home, but many lack it.Experiencing financial ups and downs can shape one's perspective on money.Understanding budgeting is crucial for financial success.Creating a bucket list can motivate financial discipline.Retraining your brain to think like an entrepreneur is essential.Debt can be managed and eliminated with the right strategies.Freedom Day represents the point where work becomes optional.Building passive income streams is key to financial independence.Starting small with financial goals can lead to bigger achievements.Teaching kids about money early can set them up for success. Start a family business to teach kids entrepreneurship.Retraining your brain is essential for success.Creating passive income can fund your dreams.Motivation comes from achieving your bucket list.Teaching kids financial independence is crucial.The debt snowball method accelerates debt repayment.Tracking your money helps you understand your finances.Budgeting is key to knowing your minimum required income.Financial education should start early with children.Investing in experiences can lead to personal growth. Understanding family finances is crucial for harmony.Discussing money openly can prevent conflicts.Reaching your 'Freedom Day' is a significant milestone.Financial freedom allows for a more intentional life.Creating a bucket list can enhance life satisfaction.The importance of having a purpose in retirement.You can still work and enjoy your job after financial independence.Intentional living leads to a more fulfilling life.The upcoming book 'The Retirement Trap' offers valuable insights.Building relationships is key to a fulfilling life.Episode links:https://www.freedomdaymethod.comMusic:  https://www.reverbnation.com/douglascameronSponsors:  https://www.slyngshot.aiChapters00:00 Introduction to Financial Independence01:17 Early Lessons on Money03:06 Transitioning to Financial Services06:20 The Journey to Entrepreneurship07:14 Reaching Freedom Day07:14 The Eight Steps to Freedom Day15:04 Building Family Businesses Together16:52 Retraining Your Brain for Success17:56 Creating Passive Income Streams19:21 Motivation and the Bucket List21:11 Teaching Kids Financial Independence22:41 The Debt Snowball Method24:57 Tracking Your Money for Freedom27:59 Understanding Family Finances28:46 Reaching Freedom Day29:58 Intentional Living and Bucket Lists29:58 The Retirement Trap Book Launch32:58 New ChapterSound Bites"Work becomes totally optional.""I paid off all my debt.""I don't care if we have to live in a car.""I reached age 55. I sold a business.""Think like an entrepreneur.""Retraining your brain is key to success.""I became the bank and financed the thing.""It's all about retraining your brain.""Budgeting gives some people PTSD.""What could we do as a family?""You hit your freedom day!""Freedom of financial freedom!""I want to be the one driving life.""The retirement trap book is coming!"Keywordsfinancial independence, money management, teaching kids about money, rule of 72, investment strategies, financial literacy, wealth building, financial literacy, money multiplication, investing early, financial education, family finance, investing, financial planning, parenting, community engagement, investing in kids, future generations, parent kids passions, financial freedom, financial stability, young adults, budgeting, entrepreneurship, freedom day, debt reduction, passive income, family business, side hustle, debt snowball, budgeting, retraining your brain, teaching kids, motivation, bucket list, family financesSupport this podcast at — https://redcircle.com/fi-for-kids/donations

In this episode of FI for Kids, host Dominic DeLaquil speaks with Sara Ecklein, a professional fiduciary, about the importance of financial literacy, estate planning, and the emotional complexities surrounding death and family dynamics. Sara explains her role as a fiduciary, the significance of planning for the future, and how personal experiences shape our understanding of finance and legacy. The conversation emphasizes the need for proactive planning to avoid family conflicts and ensure a smooth transition of assets and responsibilities. In this conversation, Sara Ecklein and Dominic DeLaquil delve into the intricacies of estate planning, emphasizing its importance not just as a legal necessity but as a means to create a lasting legacy. They discuss the evolution of estate plans, the need for ongoing updates, and share success stories that highlight the positive impact of thoughtful planning. The conversation also touches on the emotional aspects of facing mortality and the transformative power of planning for future generations. Sara provides resources for listeners to begin their estate planning journey, encouraging them to reflect on their values and wishes.TakeawaysA professional fiduciary acts as a trustee, conservator, or agent for financial decisions.Personal finance is often tied to emotional experiences and family history.Many people delay estate planning due to the denial of death.Estate planning is not just about after death; it includes incapacity planning.Families often face dysfunction when dealing with financial matters after a loss.Proactive planning can prevent conflicts and ensure family harmony.Understanding the components of an estate plan is crucial for everyone.The emotional aspect of planning is as important as the financial aspect.Conversations about death and finances should be normalized in families.Every family's estate plan is unique and should reflect their values and needs. Only one in three people have an estate plan.Estate planning is just the starting point.We need to face our own mortality.Estate plans should evolve over time.Successful planning creates a culture of awareness.Trusts can guide beneficiaries towards responsible use of funds.Planning can transform lives and future generations.Conversations about estate planning should be ongoing.Estate planning is about more than just death.Resources are available to help with estate planning.Episode links:https://www.trustandhonor.co/workbookLegacy of Love podcastMusic:  https://www.reverbnation.com/douglascameronSponsors:  Money Mavericks video gameChapters00:00 Introduction to Professional Fiduciaries03:04 The Role of a Professional Fiduciary05:49 Personal Finance and Wealth Building09:01 The Importance of Estate Planning12:08 Confronting the Denial of Death15:03 Understanding Estate Planning Components18:07 Navigating Family Dynamics in Estate Planning26:33 Understanding Estate Planning and Its Importance29:01 The Evolution of Estate Plans Over Time32:40 Success Stories in Estate Planning37:29 The Ripple Effect of Thoughtful Planning40:50 Transforming Estate Planning into a Legacy of Love46:52 Final Thoughts and Resources for Estate PlanningSupport this podcast at — https://redcircle.com/fi-for-kids/donations

In this episode of FI for Kids, host Dominic DeLaquil interviews Rob Finlay, a bestselling author and entrepreneur, who shares his insights on teaching financial independence to kids. Rob discusses his own financial journey, the importance of budgeting, and how parents can effectively communicate financial concepts to their kids. He also introduces his new book, Hey Dad, which serves as a practical guide for young adults navigating financial responsibilities. The conversation emphasizes the significance of real-life experiences, external influences, and the compounding effect of learning over time. In this conversation, Rob Finlay and Dominic DeLaquil discuss the importance of guiding children towards reliable information, transitioning from a parental role to a mentorship role, and understanding financial decisions. They emphasize the significance of investing basics for young adults and the necessity of charting one's own financial path. TakeawaysRob learned about money from his parents but struggled with budgeting as an adult.Financial control is essential for happiness and well-being.Kids often don't understand the true costs of living.Budgeting should be presented as a positive tool for financial freedom.Real-life experiences are crucial for teaching financial lessons.Compounding applies to both finances and personal growth.External voices can help kids learn better than parents alone.The book aims to provide practical advice for young adults.Engaging kids in financial discussions can open up important dialogues.Patience is key in teaching kids about money. Guide children to reliable sources of information.Encourage communication with trusted adults outside the family.Transition from being a parent to a mentor as children grow.Support young adults in making their own decisions.Understand the difference between emotional and practical financial decisions.Teach the basics of investing to young adults.Highlight the importance of budgeting and financial literacy.Encourage children to chart their own financial paths.Promote sustainable farming practices and soil health.Recognize that every individual's financial journey is unique.Episode links:https://robfinlay.comHey Dad – Everything You Should’ve Learned About Life (But Didn’t)Music:  https://www.reverbnation.com/douglascameronSponsors:  https://singletonfoundation.orgChapters00:00 Introduction to Financial Independence for Kids01:43 Rob's Financial Journey and Lessons Learned05:30 Teaching Kids About Budgeting10:13 Real-Life Financial Decisions and Learning Experiences15:11 The Importance of Compounding in Life17:57 Inspiration Behind the Book22:10 The Book's Structure and Content24:34 Engaging Kids Through External Voices28:35 Guiding Children Towards Reliable Information31:25 Transitioning from Parent to Mentor36:50 Understanding Financial Decisions38:07 Investing Basics for Young Adults43:56 Charting Your Own Financial Path50:55 Sustainable Farming and Soil HealthSound Bites"Budgeting is a positive thing.""It’s a wonderful learning experience.""Compounding is incredible.""Can I put the green gas in my Jeep?""Life can be pretty funny.""It’s a great gift.""You have to plant the seeds.""You have to be patient.""Kids don’t really listen to you.""They need to talk to adults.""The world will teach our children."Keywordsfinancial independence, money management, teaching kids about money, rule of 72, investment strategies, financial literacy, wealth building, financial literacy, money multiplication, investing early, financial independence, wealth building, financial education, family finance, investing, financial planning, parenting, community engagement, investing in kids, future generations, parent kids passions, financial freedom, financial stability, young adultsSupport this podcast at — https://redcircle.com/fi-for-kids/donations

In this conversation, Dr. Foojan Zeine shares her journey from an immigrant background to becoming a psychotherapist and the originator of Awareness Integration Theory (AIT). She discusses the importance of understanding one's relationship with money, the impact of childhood experiences on financial habits, and the necessity of creating a budgeting system to alleviate financial anxiety. Dr. Zeine explains AIT's six phases, emphasizing the need for self-awareness in overcoming negative belief systems and achieving personal growth. In this conversation, Dr. Foojan Zeine discusses the importance of awareness and integration in personal growth and parenting. She emphasizes the need to let go of limiting beliefs and the role of intentional living in achieving personal goals. The discussion also covers how parents can model financial responsibility and teach their children about money management through practical experiences. Dr. Zeine introduces the concept of delayed gratification and the importance of creating a family system that supports learning and growth. Additionally, she shares resources such as her app and books that facilitate awareness integration and personal development.TakeawaysDr. Foojan Zeine's journey reflects the immigrant experience and self-reliance.Awareness Integration Theory combines various therapeutic techniques for effective mental health treatment.Childhood financial lessons shape adult money habits and beliefs.Creating a budgeting system can alleviate financial anxiety and insecurity.Self-awareness is crucial for personal growth and overcoming negative patterns.Financial stability contributes to self-confidence and overall satisfaction in life.The importance of understanding the difference between surviving and thriving.Many people live paycheck to paycheck regardless of income level.Awareness Integration Theory involves reflecting on thoughts, emotions, and behaviors.Integrating skills from different life domains can enhance personal effectiveness. Letting go of past beliefs is essential for growth.Awareness helps in identifying skills needed for progress.Integration involves reconstructing limiting beliefs from childhood.Intentional living requires commitment to personal values and goals.Creating accountability structures enhances goal achievement.Parents should model financial responsibility for their children.Teaching children about money should start early and be experiential.Delayed gratification is a key concept in financial education.Family discussions about finances can foster understanding and responsibility.Resources like apps and books can aid in personal development and awareness integration.Episode links:https://foojanzeine.comhttps://foojan.com/Music:  https://www.reverbnation.com/douglascameronSponsors:  https://www.accountable.network/moneymavericksgame?ref=https%3A%2F%2Fwww.accountable.network%2Fa%2F2147748366%2FHijLwMN2Chapters00:00 Introduction to Awareness Integration Theory01:25 Dr. Foojan Zeine's Personal Journey06:46 Lessons on Money from Childhood12:06 The Shift to Saving and Budgeting16:24 Understanding Financial Anxiety20:05 Exploring Awareness Integration Theory28:03 Letting Go for Growth29:36 Awareness and Integration32:52 Reconstructing Beliefs35:39 Intentional Living39:46 Creating Accountability and Structure43:58 Role Modeling in Parenting46:55 Teaching Financial Responsibility52:52 Delayed Gratification and Family Systems56:54 Resources for Awareness Integrationfinancial independence, money management, teaching kids about money, rule of 72, investment strategies, financial literacy, wealth building, financial literacy, money multiplication, investing early, financial independence, wealth building, financial education, family finance, investing, financial planning, parenting, community engagement, investing in kids, future generations, parent kids passions, financial freedom, financial stabilitySupport this podcast at — https://redcircle.com/fi-for-kids/donations

In this episode, Dominic DeLaquil speaks with Jonathan and Renee Harris about their unique approach to parenting, which focuses on nurturing their children's passions and skills to foster financial independence. They discuss their experiences raising nine children, emphasizing the importance of identifying individual talents and encouraging kids to be useful to others. The conversation highlights real-life success stories of their children, who have developed various skills and entrepreneurial ventures, showcasing the effectiveness of their parenting strategy. The Harris family shares insights on overcoming challenges, building confidence, and the significance of self-discovery in a child's journey toward adulthood.TakeawaysThe importance of teaching kids about money from a young age.Encouraging children to explore their passions can lead to financial independence.Identifying and nurturing individual talents is crucial for children's development.Being useful to others is a key component of personal growth.Parents should guide their children in discovering their strengths and interests.Real-life experiences can significantly boost a child's confidence and skills.It's essential to navigate challenges together with children to foster resilience.Encouraging self-discovery helps children find their unique paths.Parents can use everyday situations to teach valuable life skills.The family economy can benefit everyone when children contribute their skills. Episode links:https://parenttheirpassion.comMusic:  https://www.reverbnation.com/douglascameronSponsors:  https://www.accountable.network/moneymavericksgame?ref=https%3A%2F%2Fwww.accountable.network%2Fa%2F2147748366%2FHijLwMN2Chapters00:00 Introduction to Financial Independence for Kids04:34 Lessons from Childhood: Money and Debt Perspectives09:41 Parenting with Passion: The Harris Family Approach16:56 Encouraging Skills and Interests in Children23:45 Building Confidence Through Real-World Experiences31:51 The Importance of Self-Discovery and Financial Independence36:42 Managing Expectations and Overcoming Resistance37:24 Building Confidence in Children39:41 Identifying Interests and Skills40:45 The Role of Parental Guidance42:17 Nurturing Strengths and Weaknesses44:01 Navigating Unique Paths for Each Child45:50 Encouraging Growth Through Blogging and Vlogging50:01 The Hero's Journey in Parenting51:58 Real-Life Examples of Child Development58:59 Resources for Parents and ChildrenKeywordsfinancial independence, money management, teaching kids about money, 529 plan, rule of 72, investment strategies, financial literacy, wealth building, Scott Yamamura, Dominic DeLaquil, financial literacy, money multiplication, loss aversion, retirement planning, investing early, financial independence, wealth building, financial education, options in finance, financial empowerment financial education, family finance, investing, financial planning, parenting, community engagement, family support, financial education, future generationsSupport this podcast at — https://redcircle.com/fi-for-kids/donations