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Brown Ambition

Throwback Episode: Planning Your Kids' Financial Futures w/Helen Ngo

Brown Ambition

iHeartPodcasts

Education, Self-improvement, Business

4.82.6K Ratings

🗓️ 8 December 2021

⏱️ 70 minutes

🧾️ Download transcript

Summary

Hey BA Fam! We're continuing our special holiday throwback episodes this week with one of our favorites from 2021. We’ve had some important conversations this past year about preparing our kids for their financial futures. One of our financial favs, Helen Ngo, spoke to us about how we plan finances for our kids -- and when is the best time to start. 

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Transcript

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0:00.0

Happy, happy holidays, Brown Ambition fam. It's Mandra here. As you guys know, Tiff and I are taking a little

0:06.8

break before the new year, but we've still got you covered with some of our favorite

0:10.6

Brown Ambition moments from 2021. All throughout this month, we're looking back at memorable conversations

0:16.8

and breaking down the most important lessons we've learned this year.

0:21.5

We can't thank you enough for sticking by us in what has become one of our biggest years for the show ever.

0:28.7

So many amazing memories from this year, and I cannot wait to revisit some of them with all of you guys, our beloved BA fam.

0:36.1

Wishing you and yours a beautiful holiday season, and thank you

0:40.3

again for all the support. All right. First up is a candid conversation with my very own financial

0:47.8

planner, Helen Know. You guys know I have been working with Helen for five or six years now. It was Helen who helped me

0:56.6

realize that I was financially capable of taking my business to the next level. And I knew

1:02.3

Helen was the right person to invite on the show when Tiffany and I wanted to tackle the idea

1:07.2

of how to financially prepare our kids to live a much more secure and happy life

1:13.6

financially than we ever did. This show actually sparked some controversy, especially around

1:20.0

the notion of whether or not our children should struggle financially the same way that we had to

1:26.4

in order to learn important life lessons, like the fact to in order to learn important life lessons,

1:29.3

like the fact that in order to find financial security, you've really got to do the work yourself

1:35.4

to earn a solid income, learn how to budget, learn how to build your credit, all that good stuff.

1:42.1

We heard from some listeners who thought we were being a little too

1:45.6

tough and who pushed back on the notion that kids today should struggle at all, because ultimately,

1:53.1

why should our children who we are here to love and protect have to suffer for some kind of

1:59.6

convoluted idea that from suffering comes greatness or from suffering

2:05.4

comes preparedness for the world ahead. To be honest, I thought long and hard about y'all's feedback

...

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