Money Wisdom From Dad Reboot

Everyone's Talkin' Money

Shari Rash

Business, Self-improvement, Education

4.6 • 631 Ratings

🗓️ 15 October 2019

⏱️ 38 minutes

🔗️ Recording | iTunes | RSS

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Summary

My dad is somewhat of a legend in the financial services world. He's been helping people for well over 40 years now and is beloved for his personality and intent on always putting the client's needs before his. I know him as Dad and the person who taught me almost everything I know about personal finance. My Dad, Stan, is joining us for a lively discussion about the advice he has about how to be smart with your money in your twenties and thirties. We'll also talk about the difference between perceptions of money when he was in his twenties versus now - which is always a fun topic for me. Dad's top advice: Save for emergencies (and save more than you think) Invest in your 401(k) and don't touch the money Cover your risks, but only if you have a strong ER fund Don't be afraid to try and learn when it comes to smart money moves Thanks for Tuning In: Thanks for tuning in to listen to this episode of Millennial Money. You’re awesome and mean so much to us. If you’ve enjoyed this episode, please share it on social media using the hashtag #millennialmoneypodcast. Also, please leave an honest review for Millennial Money on iTunes! Ratings and reviews are extremely helpful and much appreciated! You’re awesome! Have an Ask Shannah question, submit it here. Want More: Shannah on Twitter Shannah on Instagram See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Hey friends, Shauna here, and I must admit, I've been pretty lucky to grow up with a dad who's been in the financial industry his entire career and has got literally a ton of knowledge. Between eating endless versions of girl cheese sandwiches, I'm a huge fan. I grew up with Money Talk around the dinner table and just assumed this was normal for everyone.
0:24.0	This episode first aired last in August 2018, but it's such a great episode. I wanted to share it with you again,
0:31.4	because sometimes we all need a little money wisdom from dad. I want to introduce you to my dad. His name's Stan. He's 78 years
0:40.4	old. He's got rock and gray hair. He has never known a stranger. He will literally go up and talk to
0:46.8	anybody. He grew up in rural Indiana. He was born in 1940 in a really interesting time in
0:53.7	history and in U.S. history.
0:56.4	And he's seen a lot.
0:58.0	He's also been kind of a legend in the financial service industry.
1:01.9	He's been in the industry for well over 40 years.
1:04.4	And that means he's got a lot of knowledge to drop on us.
1:08.2	I'm Sean a Compton game.
1:09.8	This is Millennium Money. And today we're
1:11.4	talking money wisdom from my dad, because he's pretty smart. Millennial Money with Shawna Compton Game.
1:35.9	It will expand your brain.
1:51.6	We have this really interesting thing in our family where I have or had, I should say,
1:54.6	before I got married, the same initials that my dad did.
1:57.4	We all have the same amount of letters in our first name.
1:58.6	I know that's really bizarre.
2:02.1	So I have the same initials as my dad. My mom and brother have the same initials. And I guess that's just their way of kind of having fun with our
2:08.0	names and with our family. But the odd thing is, is that I came out a lot like my dad and my brother
2:15.6	came out a lot like my mom. Not that we don't have
2:18.8	traits from each of the other parent, but I would say that I'm probably more like my dad and
	...

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