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cover of episode Bonus Q&A: Teaching Kids about Money, Investing and Financial Responsibility with Tad Fallows

Bonus Q&A: Teaching Kids about Money, Investing and Financial Responsibility with Tad Fallows

2022/11/18
logo of podcast All the Hacks with Chris Hutchins

All the Hacks with Chris Hutchins

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Tad Fallows: 在培养孩子正确的金钱观方面,沟通、诚实和透明至关重要。父母应该与孩子坦诚地讨论金钱相关的决策,例如购买汽车、旅行等,让孩子了解金钱的价值和取舍。此外,从小为孩子开设经纪账户,让他们参与投资,并从中学习和体验,也是非常有效的教育方式。通过零花钱、慈善捐赠和投资,让孩子体验金钱的价值和增值,并为自己的行为承担自然后果,从而培养他们的责任感。在大学储蓄方面,529计划是一个不错的选择,其税收优势明显。如果条件允许,还可以考虑让配偶成为房地产专业人士,从而获得税收优惠。 Chris Hutchins: 主要就如何从小培养孩子的理财意识,避免孩子养成 entitlement 的心态,以及如何选择合适的大学储蓄方案(529计划等)与 Tad Fallows 进行了探讨。

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Tad Fallows discusses his approach to teaching his children about money, including opening brokerage accounts for them and using real-life examples to illustrate financial concepts.

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#88: Tad Fallows joins Chris on this bonus episode to discuss teaching children about money and investing, allowances, college savings, and strategies you can use for investing in your children. Tad also shares his favorite real estate tax hack recommendations for Dallas, Texas and his favorite finance podcasts.

Tad Fallows (@LongAngleHNW)) is co-founder of Long Angle, a private digital community of highly successful young entrepreneurs and executives. He also cofounded iLab Solutions LLC, a global leader in cloud-based laboratory management software, which Agilent Technologies acquired in 2016.

Full show notes at: https://allthehacks.com/bonus-tad-fallows)

 

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Resources Mentioned

Connect with Tad Fallows: Twitter) | Website) | LinkedIn) | Email)

Resources Mentioned

 

Full Show Notes

(00:00) Introduction to Tad Fallows

(03:38) Fostering Financial Knowledge and Values in Children

(07:09) Empowering Children with Brokerage Accounts for Stocks

(08:39) Teaching Money Value and Charitable Giving through Allowances

(09:04) Instilling Financial Responsibility and Natural Consequences

(10:17) College Savings: 529s vs. Flexible Options

(13:00) Tax Strategy: Real Estate Professional Status

(14:07) Staying Current on Investments and Finances: Tad's Resources

(15:47) Tad's Recommendations for Dallas

Connect with All the Hacks

All the Hacks: Newsletter) | Website) | Membership) | Email)

Chris Hutchins: Twitter) | Instagram) | Website) | LinkedIn)

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