We often try to overcomplicate finances, but simplicity is the key. That’s not to say simplistic: simple doesn’t equal simplistic.

On this episode, we wrap up our Wisdom for Our Children series by exploring your advice for spending, saving, and investing. We have tons of valuable guidance for the young people in our lives. Be sure to listen to hear all the suggestions. OUTLINE OF THIS EPISODE OF THE RETIREMENT ANSWER MAN WISDOM FOR OUR CHILDREN

[3:38] Learn to invest in yourself
[9:02] How to create wealth
[12:52] Some audio advice

AN INTERVIEW WITH MARK TRAUTMAN

[21:24] Understanding compound interest
[31:10] The best place for a young person to save
[40:29] How to invest your long-term investments

TODAY’S SMART SPRINT SEGMENT

[48:44] Get a book for a young person in your life

Resources Mentioned In This Episode
BOOK - The Daily Stoic by Ryan Holiday
BOOK - Areté by Brian Johnson
BOOK - The Simple Path to Wealth by JL Collins
BOOK - Stacked by Joel Saul Sehy
BOOK - Profit First by Mike Michalowicz
BOOK - The Scarcity Brain by Michael Easter
Rock Retirement Club
Roger’s YouTube Channel - Roger That
BOOK - Rock Retirement by Roger Whitney
Roger’s Retirement Learning Center

Wisdom for Our Children - Spending, Saving, and Investing 51:43 Share

Retirement Answer Man

Shownotes Transcript

Wisdom for Our Children - Spending, Saving, and Investing