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Radical Personal Finance

268-Training Your Kids for Financial Responsibility: Interview with Rocky Lalvani from Richer Soul

Radical Personal Finance

Joshua J. Sheats, MSFS, CFP, CLU, ChFC, CASL, RHU, REBC, CAP

Finance, Retirement, Insurance, Business, Money, Education, Self-improvement, Financial, Independence, Growth, Advice, Investing, Family, Personal, Radical, Christian, Faith

4.41.9K Ratings

🗓️ 4 December 2015

⏱️ 65 minutes

🧾️ Download transcript

Summary

Many of us have made mistakes on our way to financial stability. Hopefully we've learned from those mistakes--but wouldn't it be fantastic if we could help the next generation to avoid some of those mistakes?

My guest today is Rocky Lalvani. He's a long-time listener of the show, contributor, and Patron. We connected in-person at #FinCon15 and sat down for this interview!

Rocky has an awesome immigrant rags-to-riches story that you'll enjoy. He also has a depth of experience in training his children to be financially strong.

Enjoy!

Joshua

Transcript

Click on a timestamp to play from that location

0:00.0

Today on Radical Personal Finance, we talk about how to train your kids for financial responsibility.

0:05.8

This is a really good interview with longtime listener of the show, supporter of the show,

0:09.8

and member of the Radical Personal Finance community community Rocky Lalvani.

0:13.4

He's got an incredible story of coming to the United States as a first generation immigrant and

0:19.9

making it big, basically becoming the millionaire next next door and how he's worked really

0:25.0

diligently to train his children so that the next generation doesn't squander all the money that

0:30.8

he and his wife have worked so hard to save. Welcome to the Radical Personal Finance Podcast. My name is Joshua Sheets, and I'm your host.

0:53.6

Thank you so much for being with me today.

0:56.4

Today's gonna be, I think, a really good interview.

0:58.8

I love talking with members of the community,

1:00.6

and Rocky is a tremendous asset to the radical personal finance community.

1:05.0

He's got a cool story and as with everything I like to interview people who are

1:09.2

a ways down the road and is there anything more important than how we can help the next generation? the The interview you're about to hear was a really neat opportunity.

1:25.0

Rocky and I were able to connect at FinCon in Charlotte, North Carolina.

1:29.0

There's been a rash of interviews, obviously coming here that I recorded at FinCon.

1:32.8

It was a productive time for me, really enjoyed the conference,

1:35.0

and was able to meet a lot of people.

1:36.7

I love meeting members of the community, which, by the way, special thanks to all of you

1:40.5

who at FinCon listen to the show, who introduced yourself to me. I love love

1:44.7

interacting with you all. Thank you for making the time to do that. It helps so much.

1:48.7

Podcasting is a very lonely endeavor sometimes in the sense that you're just pushing everything out and you

1:53.7

push it all out without that audience feedback without that interaction and so I

...

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