Smart Not Spoiled: Raising Financially Savvy Kids
From Dollar Wise Podcast · 17:46
Show by HFM Investment Advisors, LLC
In this episode of the Dollar Wise Podcast, host Jason Gabrieli is joined by Chad Willardson, president and founder of Pacific Capital, bestselling author, and co-founder of GravyStack. Chad shares his journey of teaching financial literacy to children, inspired by his experiences as a father of five. He discusses the development of GravyStack, an innovative app designed to help kids learn about money through practical activities, and the importance of financial education at a young age. Chad also delves into the philosophy behind his book "Smart Not Spoiled," offering practical advice for parents on raising financially responsible children.Tune into this episode to also learn:The inspiration and development behind the GravyStack appPractical steps for parents to teach their kids about moneyThe importance of creating a family mission statement and financial valuesWhat we discussed[00:02:27] Financial education and entrepreneurship for kids[00:04:29] Teaching kids about money at home vs. school[00:06:03] Practical tips: No allowance, earning through chores[00:09:11] Integrating GravyStack methodologies into family life[00:11:07] Starting financial education early[00:12:01] Long-term vision for GravyStack and financial literacy impact[00:14:13] Practical steps for parents to get started3 Things To RememberKids learn about money through observation and practical experience.Stop giving allowances; instead, offer opportunities to earn.Create a family mission statement and discuss financial values regularly.Useful LinksConnect with Jason Gabrieli: LinkedInConnect with Chad Willardson: LinkedInLike what you’ve heard…Learn more about HFM HERESchedule time to speak with us HERECheck out our Financial Wellness Program – HFM Ignite
More episodes of Dollar Wise Podcast
More episodes
- Should You Pay Off Your Mortgage Early?
- The Hidden Cost Trap of Medicare
- Your 18-26-Year-Old May Need Some Estate Planning with Laura Ergood
- The Future of Higher Education and How To Get Ahead with Dr. Fred Keating of RCSJ
- 65 This Year? Let's Talk Medicare... with Bill Webb
- Why Should I Be Planning for my Long Term Care Needs? with Jill McNeil
- What Could the Presidential Election Mean For Your Investments?
- Why Use A CPA? with Meggan Ciaccia
- How To Use The Target Date Fund In Your 401k
- Navigating Divorce With Preparation and Mindfulness with Alexandra Rigden
PodSearch is a free, independent podcast search engine. Read about PodSearch, the privacy policy or contact us.