There's Only 3 Ways To Make Money

https://is1-ssl.mzstatic.com/image/thumb/Podcasts126/v4/aa/3d/f7/aa3df71c-b482-9abf-c7e4-fe9e4320c0f3/mza_3137316047184800242.jpg/600x600bb.jpg

Smart Money Parenting

by Gravy Stack

94 episodes

3 days ago

Welcome to Smart Money Parenting, your essential podcast for parents passionate about empowering their children with vital financial skills often missed in traditional education. Join us as we delve into a diverse range of topics designed to arm you with practical knowledge and tools to raise financially literate and responsible children. New Episodes every Monday and Friday

Parenting

Kids & Family

RSS

All content for Smart Money Parenting is the property of by Gravy Stack and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.

Parenting

Kids & Family

https://d3t3ozftmdmh3i.cloudfront.net/staging/podcast_uploaded_nologo/40372409/40372409-1706589575584-89e8640d32f4c.jpg

There's Only 3 Ways To Make Money

Smart Money Parenting

16 minutes 29 seconds

1 year ago

There's Only 3 Ways To Make Money

Scott and Chad are back at it for 2024 and excited to bring you more great content. In this episode, they discuss the importance of teaching kids about financial independence at an early age. They identify three ways to make money: selling time, selling products, or investing capital. They emphasize the potential of the digital era that allows children and teenagers to learn anything for free and create passive streams of income. The idea is to motivate kids to think beyond the traditional hourly wages or salary jobs and explore creative ways of making money. In addition, the potential value of transformative approaches such as investing capital at a young age, drop shipping businesses or creating a tech product is highlighted.

00:00 Introduction

00:41 Welcome to Smart Money Parenting

01:32 The Three Ways to Make Money

02:40 Examples of Selling Time, Products, and Investing Capital

07:42 The Power of Compounding Interest

09:56 The Importance of Diversifying Income Streams

13:11 The Value of Results Over Time and Effort

15:46 Conclusion: Encouraging Kids to Think Outside the Box

Additional Links

Want to take your family and your finances to the next level? Schedule a call with Dinner Table today.

⁠⁠https://scott.dinnertable.com/book⁠⁠

Download the Gravy Stack App for FREE (iOS)