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InvestED: The Rule #1 Investing Podcast

391- Head Start for Investing

InvestED: The Rule #1 Investing Podcast

Phil Town & Danielle Town

Investing, Business

4.61.6K Ratings

🗓️ 18 October 2022

⏱️ 32 minutes

🧾️ Download transcript

Summary

While the financial world can be a daunting topic to young people whose parents aren’t properly equipped to teach them about it. And when kids don't properly learn how to manage their finances, as adults, life becomes somewhat of a minefield. Teaching kids about the value of their money doesn’t have to be as complicated as most people think, though. There are actually a number of ways parents can get creative with introducing investing basics to their kids while keeping them engaged with the process. One of the easiest ways is to simply teach one of the Rule #1 Investing principles: invest in something you're actually interested in and believe in. This week on InvestED, tune in as Phil and Danielle discuss growing up with parents who do (or don’t) invest, winning strategies with allowances, and how to set kids up for success in the future. To learn more about getting you or someone you know started off with some investing basics, claim your free copy of Guide to Investing for Beginners: https://bit.ly/3CGzh42 Topics Discussed: Teaching finances at a young age Representation in investing Resources Discussed Investing Guide for Beginners For show notes and more information visit www.investedpodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This episode is brought to you by Tinder.

0:04.0

Life is full of possibilities.

0:06.0

A cheeky reply to a message here could lead to a world of fun new experiences

0:10.0

over there and with Tinder it all starts with a swipe.

0:14.0

Strangers can become mates, mates can become lovers with matching tattoos

0:18.0

or maybe it's not that serious.

0:20.0

Whether a match leads to something new and exciting or something personal,

0:24.0

no matter what, all matches lead to self-discovery.

0:27.0

Download Tinder now.

0:35.0

Hey everybody, this is Phil Town.

0:37.0

And this is Daniel Town.

0:39.0

Welcome to the invested podcast.

0:41.0

We're back with another exciting and thrilling and electrifying event.

0:47.0

electrifying podcast about investing.

0:51.0

About hard earned money.

0:55.0

Self without anybody telling you what to do.

0:59.0

I mean, it's about you growing up and being an adult.

1:05.0

What a concept.

1:07.0

I mean, imagine that you as a large person with many years of life

1:15.0

act toward your money like a child.

1:19.0

Wow, this is weirdly negative and condescending all of a sudden.

1:24.0

Yes.

...

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