4 Secrets for Making Your Kids Rich with "Law Mother" Pamela Maass Garrett

Money Rehab with Nicole Lapin

Money News Network

Education, Self-improvement, Business

4.4 • 1.4K Ratings

🗓️ 26 February 2025

⏱️ 16 minutes

🔗️ Recording | iTunes | RSS

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Summary

For the rest of the week, Money Rehab will be hosted by Pamela Maass Garrett, aka Law Mother, attorney and money expert. Today, Pamela reveals the four powerful strategies she uses to build lasting wealth for her kids—and how you can apply them to secure a strong financial future for the children in your life. Pamela Maass Garrett, aka Law Mother, is an attorney and money expert helping you grow and protect your wealth through her bestselling book Legally Ever After and her upcoming Wealthy Ever After book and app. Find Pam’s freebies here: https://www.lawmotherco.com/moneyrehab Follow Pam here: https://www.instagram.com/lawmotherco/ The content in this episode is for entertainment purposes only, please consult an advisor before making any financial or investment decisions. All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Open to the Public Investing, member FINRA & SIPC. Public Investing offers a High-Yield Cash Account where funds from this account are automatically deposited into partner banks where they earn interest and are eligible for FDIC insurance; Public Investing is not a bank. Cryptocurrency trading services are offered by Bakkt Crypto Solutions, LLC (NMLS ID 1890144), which is licensed to engage in virtual currency business activity by the NYSDFS. Cryptocurrency is highly speculative, involves a high degree of risk, and has the potential for loss of the entire amount of an investment. Cryptocurrency holdings are not protected by the FDIC or SIPC. Treasury accounts offering 6 months T-Bills are offered by Jiko Securities, Inc.,member FINRA & SIPC. Securities in your account are protected up to $500,000. For details: www.sipc.org. Banking services and the Bank Accounts are provided by Jiko Bank, a division of Mid- Central National Bank. For U.S. Investments in T-bills: Not FDIC Insured; No Bank Guarantee; May Lose Value. Treasuries risk disclosures, see https://jiko.io/docs/treasuries_risk_disclosure.pdf. See public.com/#disclosures-main.

Transcript

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0:00.0	While you're binging the pod, how about a little bonus tip?
0:02.6	As a starting place for your investment allocation that you can, of course, tailor depending on your goals,
0:06.8	pros recommend making your bond allocation your age.
0:09.7	How about a second bonus tip?
0:10.9	When you want to invest in bonds, use Public.
0:13.0	The modern brokerage for investors looking for a simple yet sophisticated investing experience.
0:17.7	Public is truly the only place I buy bonds.
0:20.3	Legit because every other app or site
0:22.3	I've tried to use is so complicated, but on public, I can buy a bond on my iPhone in less than
0:27.2	five minutes. This is a major upgrade because most investing platforms that offer bonds design their
0:32.3	user experience before the iPhone was even invented. I'll let that one sink in. And you can use
0:36.6	public for more than your bond investments. Public is the brokerage I use for all my investing needs, whether I'm
0:41.2	looking for stocks, ETFs, I yield cash account, options, and other assets. To build the multi-asset
0:46.8	portfolio of your dreams, go to public.com slash money rehab. One more time, because trust,
0:52.0	you will thank me, public.com slash money rehab.
0:54.9	This is a paid endorsement for public investing. Full disclosures and conditions can be found in the
0:59.0	podcast description. I'm Nicole Lapin, the only financial expert you don't need a dictionary
1:05.8	to understand. It's time for some money rehab.
1:22.0	Hi, money rehabbers. It's Pamela Mosgarit. You may know me as lawmother. I'm going to be guest hosting this week while Nicole is on maternity leave. This week, I'm here to tell you about what I do best, how to protect
1:29.4	and grow wealth. You might remember me from my guest spot on Money Rehab. I was one of Nicole's
1:35.0	last recordings before she had her daughter. And in that episode, I spilled all the secrets on how to
1:40.2	protect your assets. But this week, we're going to go even deeper into the crossroads of
	...

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