Teach Your Kids to Earn Money While They Brush Their Teeth
About this episode
In this episode of Smart Money Parenting, Chad and Scott discuss the importance of teaching kids about passive income and revenue streams. They emphasize the need for multiple sources of income and the risks of relying on just one. The hosts introduce the idea of teaching children to earn money while brushing their teeth, a simple and practical way to introduce them to the concept of passive income. They explain the benefits of passive income and revenue streams and how it can provide financial security in uncertain times. This episode offers valuable insights for parents looking to teach their kids about financial independence.
- Teaching kids about passive income and revenue streams
- Importance of having multiple sources of income
- Investing in stocks, real estate, and other opportunities
- Planting seeds for long-term financial success
- Promoting an abundance mindset for financial growth
Mentioned in this episode
smartmoneyparenting.com/followus
Smart, Not Spoiled: The 7 Money Skills Kids Must Master Before Leaving the Nest by Chad Willardson
Value Creation Kid: The Healthy Struggles Your Children Need to Succeed by Scott Donnell and Lee Benson
Scott Donnell on LinkedIn - linkedin.com/in/donnell-scott
Chad Willardson on LinkedIn - linkedin.com/in/chadwillardson
Scott Donnell on Instagram - @imscottdonnell
Chad Willardson on Instagram - @chad.willardson
Scott Donnell on TikTok - @imscottdonnell
Get every episode summarized
Each time Smart Money Parenting publishes, we email you a written briefing from the transcript — the topics, who appeared, and any specific claims, with the ad reads skipped.
Email me new episodesFree for 3 shows. No card needed.
Hosts & guests
No transcript yet
This episode has not been transcribed. Request it and it moves to the front of the queue.
More episodes
More from Smart Money Parenting
Ep 93 - How To Get Your School To Teach Money!
Smart Money Parenting
Ep 92 - Help! My Kid Is Lazy!
Smart Money Parenting
Ep 91 - The Lost Art Of Apologizing
Smart Money Parenting
Ep 90 - Empowering the Next Generation w/Brandon Turner
Smart Money Parenting