Want Your Kids to Be Rich and Responsible? Start Here

Chicks on The Right Show w Mock & Daisy

Radio America

News, News Commentary, Daily News

4.4 • 1.8K Ratings

🗓️ 25 May 2025

⏱️ 14 minutes

🔗️ Recording | iTunes | RSS

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Summary

Let’s talk about the money lessons your kids aren’t getting in school! 💸 We get into how important it is raise smart, savvy kids who know how to save, invest, and think like future millionaires. Zach Abraham joins us to break down the power of Roth IRAs (yes, even for teens!) and why your kitchen table should be your kid’s first finance class. We cover:

Easy ways to involve kids in family money decisions
Smart strategies for long-term savings and investing
Why financial education is patriotic AND empowering
The must-know tools to set your kids up for success

If you care about protecting your family’s future—and creating a new generation that understands freedom, responsibility, and how compound interest works—this one’s for you.
Get a second opinion on your portfolio today from Bulwark! Schedule your free Know Your Risk Portfolio review at https://KnowYourRiskRadio.com

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Transcript

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0:00.0	Welcome to another episode of The Chicks on The Right Podcast where we talk to our friend and sponsor of the show, Zach Abraham from Bullwork Capital Management.
0:07.0	And today we have a question about finances and kiddos because there are lots of people out there who have questions about when and if they should start saving or investing for their kids. Now, granted, that's not
0:24.9	something everybody can do. And I would think that the right thing to do is the mask in the airplane,
0:31.0	right? Like you make sure your own needs are taken care of, your own retirements taking care of
0:35.5	before you even think about helping out the kiddos,
0:37.9	but is that right? Or should everybody be maybe investing a little bit in their kids, whether it's
0:43.8	education or whether it's retirement for their kids? Well, so it's funny. We were talking offline.
0:51.0	I was actually engaged in a conversation about this today. I was responding
0:56.3	to a tweet where another financial guy, CPA, you know, money manager type put out a guideline,
1:02.6	a thread on how to build your child's trust fund, right? So how to accumulate enough money to
1:10.3	where your kid doesn't need to work or
1:11.6	something like that um yeah and well my first response is was like guys the only person out there
1:19.4	that would want to create a trust fund for their child is somebody that has never been around
1:23.8	people that were trust fund based right right. Right. They're not happy.
1:29.1	Suicide rates are higher.
1:30.3	They're usually insufferable.
1:31.3	Yeah.
1:32.0	Addiction rates are higher.
1:33.8	Yeah.
1:34.0	Divorce rates are like double or triple.
1:36.3	It's not good.
1:37.5	Right.
	...

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