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Motley Fool Answers

Financial Advice for Every Dad (And the People Who Love Them)

Motley Fool Answers

The Motley Fool

Taxes, Saving, Money, Investing, Planning, Retirement, Personalfinance, Finance, Education, Business

4.4823 Ratings

🗓️ 12 June 2018

⏱️ 41 minutes

🧾️ Download transcript

Summary

Whether you’re a new dad, a dad of teenagers, or empty nester, we’ve got financial advice for whatever stage of Fatherdom you are in. For everyone else, enjoy our Father’s Day Gift Guide—because his nagging was actually hinting this whole time.

Thanks to Blooom and Casper for supporting the show. Get a month free with blooom401k.com/fool and code fool. Sponsored link: www.casper.com/fool code fool.

Transcript

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0:00.0

This episode of Motley Fool Answers is brought to you by Casper, a sleep brand that continues

0:04.6

to revolutionize its line of products to create an exceptionally comfortable sleep experience

0:09.8

one night at a time. Get $50 off select mattresses by visiting casper.com slash fool and using

0:16.0

the promo code Fool at checkout. Also, thanks to Bloom. Managing your 401k is hard, and Bloom isn't. See what you

0:23.3

could be doing to make your 401k better by getting a free analysis at Bloom.4101K.com

0:28.9

slash fool. That's Bloom with three O's 401K.com slash fool.

0:43.8

This is Motleyful Answers. I'm Alson Southwick and I'm joined as always by Dad, Robert Rokamp. Hi, Alson.

0:45.3

He's also a personal finance expert here at The Motley Fool.

0:48.3

And this episode is for the dads and also people who have dads and those of us who know a dad because this week we're

0:55.7

offering financial advice for fathers at the big milestones of daddom. We'll also share our

1:02.0

Father's Day gift giving guide, all that and more on this week's episode of Molly Full Answers.

1:07.9

So, bro, what's up? Well, Allison, on May 22nd, the Federal Reserve released the responses to the fifth annual

1:13.5

survey of household economic and decision-making, known as the shed.

1:17.7

The Fed Shed.

1:18.7

The Fed Shed, yes.

1:19.9

I've never heard anyone refer to it as such, but why would you not?

1:23.5

Of course you should.

1:24.1

Anyways, the responses were collected from more than 12,000 individuals completing an online

1:28.2

questionnaire last November and December, and that's actually twice as many people responded

1:31.8

previously.

1:32.8

I don't know, I guess it's becoming popular or something.

1:35.2

Whatever.

...

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