This episode of Animal Spirits is sponsored by Nava Plan by Advisant.

Built on the most precise calculation engine in the financial planning market.

Nava Plan empowers advisors to cater to their services to any client

from simple goals-based assessments to advance cashful planning analysis.

To see how Nava Plan helps model some of the concepts and strategies discussed on this episode,

visit advicant.com backslash animal spirits,

and also be sure to check out the show notes for both of our blogs

where at Viscan has been producing some great videos that go along with these as companion pieces.

Welcome to Animal Spirits, a show about markets, life, and investing.

Join Michael Batnick and Ben Carlson as they talk about what they're reading, writing, and watching.

Michael Batnick and Ben Carlson work for Ritholt's wealth management.

All opinions expressed by Michael and Ben or any podcast guests are solely their own opinions

and do not reflect the opinion of Ritholt's wealth management.

This podcast is for informational purposes only and should not be relied

upon for investment decisions. Clients of Rit Holt's Wealth Management may maintain positions

in the securities discussed in this podcast.

All right, welcome to Animal Spirits with Michael and Ben.

Today we are going to be talking about the economics of parenting.

I get questions about this one all the time in terms of how do you teach your kids about money how do you prepare

financially for kids and this is one of the harder topics I think to figure out

because first of all do you think you can ever be truly ready financially

to have kids?

...