Welcome to Radical Personal Finance, a show dedicated to providing you with the knowledge, skills, insight, and encouragement you need to live a rich and meaningful life now,

while building a plan for financial freedom in 10 years or less.

My name is Joshua Sheets, I am your your host and today I want to share with you a

simple idea to help you to coach your children to acquiring the skills and ability and

knowledge that they will need to be successful and effective in life.

And then in the latter part of the show I will introduce briefly a series of episodes that you'll hear coming in the coming days.

One of the goals that we all have as parents is the success of our children. If you have children and you've set goals I'm sure

that on your list of goals you have goals related to the success of your

children. But as with many things in life and in money, it seems that we

often gravitate to the goals that are the easiest to enumerate in clear numbers.

I have worked with many people who say I have a goal of saving $50,000 for my children's college

education or have a goal of sending my child to a private school, etc. These goals

are useful because they're easily identified. You can understand if you're hitting

them or not. And yet as with many things that I have observed related to money,

while not wrong, they're sometimes not the most effective way of

accomplishing what you're really trying to accomplish, what you really want to make happen.

What you really want is for your children to be successful not to have a college degree.

Now to the extent that the college degree helps them to be successful in life to live the life of their

dreams to be happy to be fulfilled to be competent to be effective to be

provided for etc then it fits into that but the fundamental plan to be

successful, etc, then it fits into that, but the fundamental plan is that you want your children to be successful.

And you know, and the reason why I'm talking about this on a personal finance show that not only do

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