Raising Financial Freedom

How Can Your Child Avoid Student Loans with Brad Baldridge

#047 With inflation and gas prices at an all-time high, it’s time for us to become more aware of our spending, avoid unnecessary expenses, and decrease the amount of debt we’re incurring. One of the major types of debt Americans incur comes in the form of student loans for higher education… and they often stick around for many years! So, how can we help our children avoid student loan debt? Today’s guest is going to teach you!    Meet Brad Baldridge, a college funding specialist and colleg...

What is Your Why?

#046 What do you know? We all back the month of February has just flown by what have you done this month? That is interesting. Are you still sticking to your new year's resolution? Because this is the time where everyone quits, some people quit and don't even realize that they quit. The reason I'm talking about this is because I had a conversation with a person about two weeks.  And we was having a conversation about the show and he doesn't plan to teach his kids about any financial literac...

Trailer

Money Through The Eyes Of A Child

#045 How do you make learning about finance fun and easy, especially for kids and beginners? We have someone very special to break it down for you…  Meet Rishi Vamdatt, the 12-year-old personal finance educator and visionary behind Easy Peasy Finance, a kid-friendly resource that can be utilized by parents and educators alike to teach young minds about personal finance while keeping them engaged. Having started learning about finance at the age of 6, Rishi is now using financial strategies ...

Helping And Teaching Real Estate To The Future

#044 Is real estate a good form of investment for families? Should kids be learning about real estate from a young age? Spoiler! The answer is yes.  Meet Whitney Chaffin, a speaker, investor, philanthropist, realtor, and mother who provides people with second chances through real estate. In this episode, Whitney talks about the first steps to take when teaching your kids about real estate investment and getting them involved in this wealth-building asset class. Whitney highlights the impact...

Empowering Women Through Life Hurdles

#043 With divorce rates climbing and more women consciously choosing the singlelife, more women are providing for themselves (and often their children, too). Unfortunately, too many women are unprepared to take on financial responsibilities all by themselves… and it’s not necessarily their fault. As parents, it’s our responsibility to prevent that from happening to our daughters. Let’s empower the future generations of women to be financially confident and free! Here’s how…  Today’s guest, ...

Teaching Your Teenager Financial Responsibility

#042 How do you help teens become financially literate and make smart money moves before they reach adulthood? You have to get on their level and understand how they think…   Meet Charla McKinley, a Certified Public Accountant (CPA) who homeschooled her kids and is now teaching teens about money. In this episode, Charla talks about how to teach your teenagers about financial literacy, using and saving money wisely, and how adulting really works. She sheds light on why kids need different t...

First Year Anniversary-Advice On Financial Freedom

#041  What advice do you have for parents trying to raise their kids to have financial freedom? That’s the question Eric asked some of our guests from past episodes of Raising Financial Freedom. In this episode, you’ll hear their top tips and pieces of advice for parents on teaching their kids about finances, financial literacy, and life in general.   Our guests offer a lot of wisdom on raising kids to be financially independent… but almost every one of them emphasizes the importance of c...

Building The Net Worth Of Your Family!

#40  As the holidays are approaching, family time is just around the corner! What better way to strengthen your family bond than by building generational wealth?    In this episode of Raising Financial Freedom, Eric Welcomes the Wealth Twins, Nadia and Nicole, to explain how to build generational wealth in your family and how to teach your children about money and life planning.    “Life changes and you have to be able to think forward and say “okay, if I’m no longer here, how could I pr...

Where To Start In Cryptocurrency As a Parent?

#039  Having existed for over 10 years now, cryptocurrency is gaining popularity and power around the globe, so it’s time to start talking to our kids about it. Many parents don’t want to get involved with cryptocurrency because they don’t understand it… but today, that’s going to change.   “Crypto is doing for money what the traditional Internet is doing for information.”   In this episode of Raising Financial Freedom, Eric welcomes Shahar Abrams, Founder and CEO of Road to Babylon, an ...

The Wonders Of Homeschooling And Financial Literacy

#038 In this episode, we have Linsey Knerl. She is a mother of six who has been homeschooling and since 2004. Linsey practically produced and taught a small classroom, but at the same time, runs a small business. Along with homeschooling, entrepreneurship has led her to a freelance writing career that complements her own homeschool style. Linsey is also the author of Homeschool Hacks and is very passionate about the opportunities for home education. Today, Linsey is going to share with us wh...

What Was Once Upon A Time, Is Not Now

 #037 Today on a solo show. Someone asked me the other day, Eric, why there is no set system of retirement in this country. And I thought about it and I told him once upon a time there was not a set system, but there was a kind of a for. That everyone followed and little financial literacy was needed at that time because everyone just did the same thing. [00:02:02] Eric: So let's go back to a time where the economy was good and things was picking up right after, uh, a world war, world war t...

Start Your Kids Early in Real Estate For Success!

#036 Dan shares that he has repeatedly made failed attempts at getting schools around him to make personal finance classes a requirement for graduation and explains the reasons. The first reason is that the public school system is severely underfunded across the country, and making changes to the curriculum would require money. Secondly, most politicians focus on the data that is available on student performance which does not include personal finance; hence it is relegated to the background...

Do You Really Care About Your Family Name?

Therese is a busy mom and the author of the book, "Playing For Keeps". After working as a career woman for many years till she sold her company, Therese retired early and spends more time with her kids. She shares that her experience with 9-11 also made her reevaluate all she was doing why she was doing them. Having a father who was all about Family helped inculcate it in Therese. She brought those same values into raising her kids, particularly by making sure she set an example that they ...

What Life Skills Are Not Taught In Schools?

#034 Many fundamental skills like networking, communication, negotiating, are not often taught in school. This is mostly due to the history behind the education system, which over time has continued to only focus on teaching the basic knowledge required in each career field. Unfortunately, most career courses even in university don't cover teaching these skills, even though they are practically critical for success in any field of specialty.   Mark Herschberg shares that even with 3 degrees...

Teach Your Kids About Finances Before Marriage

#033 Following the money printing done to alleviate the impact of job loss during the pandemic, inflation is expected and is already being experienced with the cost of goods going up. Also, people who saved a lot are now spending much more, and this is also driving up the cost of living. Jennifer advises that in anticipation of the looming inflation, families should be rational, take a step back, be patient and make sure they make decisions they are confident about. The first step for most p...

When Would You Use Compund Interest?

Today's going to be a little bit of a shorter show and it's going to be a solo. A couple of episodes ago. One of my guests, Robert Shulz we briefly talked about. Compounding interests. Now I want to revisit that. Talk about that a little bit more. So the parents out there can fully understand how important this could be to their child when just starting off in life now to quote Albert Einstein, he who understands it, earns it. He who does it. Pays it. In This Episode:  [00:01:34] -Simple i...

When Would You Use Compound Interest?

Today's going to be a little bit of a shorter show and it's going to be a solo. A couple of episodes ago. One of my guests, Robert Shulz we briefly talked about. Compounding interests. Now I want to revisit that. Talk about that a little bit more. So the parents out there can fully understand how important this could be to their child when just starting off in life now to quote Albert Einstein, he who understands it, earns it. He who does it. Pays it. In This Episode:  [00:01:34] -Simple i...

Damaging Mistakes Parents Make With Money And Teens

#031 The pandemic has brought the lack of financial education into focus for many people, institutions, and businesses. Marilyn shares that she has started to see more people take steps towards gaining financial freedom through education.    Most cultures tend to either not talk about money with kids, or they treat it as a taboo, giving almost no introduction of money to the kids in a way that they can leverage it as a tool. The problem is that while a lot of parents expect that kids will ...

Your Guide To A Chaotic Money World

#030 Robert shares his dad probably taught him compound interest because he learned it the hard way, and being a stockbroker for the first part of his career, he wanted to share it. Robert also found a way to impart financial knowledge in his own kids as part of bringing them up. Robert appreciates that young people today are more interested in investment rather than compound debt, but he hopes that they understand that it takes patience and time not the idea of quick money every week. For...

How To Help Your Child Learn Money With Firstroot

#029 Although Silicon Valley in California has a lot of tech companies, a study by Chamberlain University ranks California an "F" in teaching kids about financial literacy. Luke encourages his children to read books about financial literacy and also applies his business knowledge at home.   He also created a company, "Conteneo" that helped enterprises manage their investment portfolios which ultimately helped in participatory budgeting to create better budgeting decisions. This was used in ...

How To Help Your Child Learn Money With Firsroot

#029 Although Silicon Valley in California has a lot of tech companies, a study by Chamberlain University ranks California an "F" in teaching kids about financial literacy. Luke encourages his children to read books about financial literacy and also applies his business knowledge at home.   He also created a company, "Conteneo" that helped enterprises manage their investment portfolios which ultimately helped in participatory budgeting to create better budgeting decisions. This was used in ...

Teach Your Kids About Money Through Mansa's Little Reminders

#028 A.D. Williams shares that he did not receive any financial education as a child, and this was part of the reason for the book. In contrast, Kendal Fordham did have a lot of financial education, particularly as a result of spending time with her father who initially was too busy, and had to intentionally make out time which he spent reading financial books to her. Financial literacy is the foundation of a much larger issue; it needs to be in schools but the debate is usually on when to...

Starting College Right With Affordable College Prep

#027 Alan believes that while college is not for everyone, it is for most people, and planning needs to start as early as the first year of high school. This explains why having a good record in high school is important, as well as attendance, getting good grades, and taking part in organizations and community work. It becomes part of the portfolio to look good for colleges. For full show notes and transcript please go to Raising Financial Freedom -       "Only 6 out of 10 students actual...

Financial Literacy Month With Doughmain Financial Literacy Foundation!

#026 With all of the focus on financial literacy, roughly 45 states have adopted standards for financial literacy, there is yet to be significant progress within the curriculum in schools. Only 6 states require that you take a course on financial literacy before graduation.  Standards for financial literacy include Economic Education, Financial Education, Entrepreneurial Education, and Personal Finance Education. Particularly lacking in schools is Personal Finance Education. The passion has ...

How To Be Money Fit Parents & Children

#025 This is Financial Literacy month and meet Todd Christensen, an expert in financial literacy, who has been involved with "Jump$tart", working with state leaders around the country. Todd explains that regarding financial literacy, there is room to do better, and many surveys have revealed that the current state is not much better than it was a decade ago. The "Jump$tart Coalition for Personal Financial Literacy" was organized back in the 90s to promote financial literacy, particularly amo...

Beyond Piggy Banks and Lemonade Stands

#024Today, I am lucky to have Liz Frazier. She is a Certified Financial Planner specializing in financial planning for families and working professionals. She decided to go into financial planning after her first child's birth because, like so many other new parents, she realized the overwhelming need to make sure her family was financially prepared and protected. Her goal is to alleviate the anxiety surrounding finances and provide painless and straightforward advice for all of life's stage...

Financial Literacy Month Is Coming!

#023 Today will be a solo episode talking about the latest in financial literacy news and talking about Financial Literacy Month coming in April Shareable link:https://www.buzzsprout.com/1288991/8163553 Links Mentioned:  https://www.eschoolnews.com/2021/03/16/every-single-middle-school-student-can-benefit-from-financial-literacy-education-according-to-new-study/ https://www.prnewswire.com/news-releases/3-financial-literacy-statistics-that-need-to-change-in-2021-301246352.html https://th...

How A Mother Should Talk About Money With Her Daughter

#022 Today, I am lucky to have Aja McClanahan. Aja started her money journey as a broke college student. Majoring in economics, Aja still had no idea how to handle money when she graduated. Fast forward to marriage, and between Aja's husband and herself, they had accumulated over $120,000 in debt. Luckily, they paid it all off in 2013, and now she is showing others how to do the same. Shareable link: https://www.buzzsprout.com/1288991/8119512 For full show notes please go to Raising Financ...

How To Build Your Child’s Credit

#021 Today, I am lucky to have Cristina Yasakci. She is a Credit Management Coach with more than 20 years of experience. She is empathetic with her clients and tenacious with their creditors, sharing an insider's perspective on credit, lending, and collections. Her seminars have reached hundreds of individuals and business owners, transforming their credit through education and attention to detail. In a world where credit often seems mysterious, Cristina is dedicated to leveling the playing ...

Reaching Financial Independence In The Military

#20 Today, I am lucky to have J Grayson. J decided to join the military at 18. He didn't even attend his high school graduation because J was in boot camp when it happened. To say the military has been life-changing is an understatement. In the military, you learn many things such as time-management, leadership, discipline, health, and nutrition. These different aspects are not necessarily financially related, but they play a role in having a healthy and prosperous life. For full show notes...

Choosing And Paying For College

#019 Today, I am lucky to have Beth Walker join the show. Beth is a Colorado Springs, Colo., advisor specializing in financial strategies for families with college-bound children has joined the Carson Wealth office with $70 million in client assets. Walker, the author of "Never Pay Retail for College," established her advisory practice in 2002. She broadened her service offering under the name Center for College Solutions in 2017 with her book's release. For full show notes and transcript ...

Choosing And Paying For College

#019 Today, I am lucky to have Beth Walker join the show. Beth is a Colorado Springs, Colo., advisor specializing in financial strategies for families with college-bound children has joined the Carson Wealth office with $70 million in client assets. Walker, the author of "Never Pay Retail for College," established her advisory practice in 2002. She broadened her service offering under the name Center for College Solutions in 2017 with her book's release. For full show notes and transcript ...

What Is A Good Side Hustle For A Kid To Start?

#018  What’s riskier: starting a business or relying on your job as your only source of income? Today, I am lucky to have Nick Loper, Chief Side Hustler at Side Hustle Nation. He is an entrepreneur involved in a variety of projects. Like any business, it has its ups and downs, which can be stressful, but Nick learns something new every day. Nick started this Side Hustle Nation because he believes in the hustle. For complete show notes and transcript please go to Raising Financial Freedom ...

Advocating For Financial Literacy Education

#017 Today, I am lucky to have Jacqueline Collins Prester. Jacqueline is a National Board Certified business teacher and instructional technology specialist at Mansfield High School. Jacqueline has been a vocal advocate of financial literacy education for years. She has worked with many organizations to bring attention to the need for financial literacy education for all. Massachusetts recently established financial literacy standards within the 2018 History and Social Science Framework, and...

Navigating The Credit Repair Maze

#016 Today, I am lucky to have Daniel Massimino. In 2019, Daniel Massimino founded The Credit Connection, an innovative “solution” provider in credit repair services and business lending, in order to help people build the lives they deserve. Working previously for a credit repair agency, Dan saw holes in the framework of the business model that surrounded him, and it lit a fire in him to create a pathway for his vision. That fire is what drove Dan to The Credit Connection, and is what contin...

Navigating The Credit Repair Maze

#016 Today, I am lucky to have Daniel Massimino. In 2019, Daniel Massimino founded The Credit Connection, an innovative “solution” provider in credit repair services and business lending, in order to help people build the lives they deserve. Working previously for a credit repair agency, Dan saw holes in the framework of the business model that surrounded him, and it lit a fire in him to create a pathway for his vision. That fire is what drove Dan to The Credit Connection, and is what contin...

Music can help learning financial literacy

#015 Building Financial Resilience Through Hip Hop Pedagogy   Today, I am lucky to have Brian ‘Dyalekt’ Kushner. He moved from St. Croix to New York to study acting and law. He also liked to rap. After witnessing civil rights injustices at the law firm he worked for, he dropped both the job and the law classes, pursuing the arts instead. Performances at the Nuyorican led him to Hip Hop Theater, writing plays that have been performed on stages across the world. He didn’t sleep on the rappin...

What little business I can start at home?

#014 Vending Machines Open the Door to Financial Independence Today, I am lucky to have Lakinya Francis join the show. Are you looking for additional income that wouldn’t require too much of an investment of either time or money? iKrave Vending’s founder Lakinya Francis, discovered an opportunity to start-up a small vending machine service company. Though the initial start-up cost was reasonably affordable, her efforts took no time away from her full-time work. Lakinya found that finding h...

Teaching our children confidence

#013 How are you teaching your children to be confident?  Today, I am lucky to have Gabrielle “Gabby” Goodwin, founder and CEO of GaBBY Bows. She has been working diligently at perfecting her products, building a brand, and being a student since the age of 7. Gabby’s products can be found on the shelves in 74 Target stores throughout the country. For full show notes and transcript please go to Raising Financial Freedom In This Episode: [ 2:04 ] The best part of Gabby’s journey [ 5:24 ] ...

The year end wrap up!

#012This episode  we go over some key points of things to come from Raising Financial Freedom in the near future. We also would like to thank you the listener for helping our show grow and sharing with other parents, so that all parents know we are here to help them on the journey to a financially fit or free child. Check out our website: https://raisingfinancialfreedom.com/ Like us on Facebook: https://www.facebook.com/RaisingFinancialFreedom Like us on Twitter: https://twitter.com/RF_Fr...

How to teach my child to save?

#011 Did you know research has shown us that 95% of our brains and habits are formed before six?  Today, I am lucky to have Jim DeGaetano, the author of The Fruitful Retirement, and Larry The Bunny Saves His Money, the President of Diamond Wealth Advisors, and a keynote speaker on the topics of strategic planning, retirement, and relationship capital. He resides in Carlisle, PA, with his wife Jen and his two kids Anna and Garrett, who have both given their seal of approval to his new best-s...

How can you use real estate to build wealth?

#010 Today, I am lucky to have Lane Kawaoka. Lane owns 4,000+ units and where he is responsible for finding investment opportunities, analysis, and marketing. Mr. Kawaoka obtained a BS in Industrial Engineer and MS in Civil Engineering and Construction Management from the University of Washington. In addition to an analytical engineering background, Lane has real world experience in working as a project manager for over $230 million dollars of capital construction projects in both the public...

Teach your kids to fail

#009 What are you teaching your children about failure?  Today, I am lucky to have Gurpreet Padda. Gurpreet helps his physician colleagues develop a cohesive commercial real estate investment strategy based on his lifetime of industry experience. When Gurpreet founded a real estate investment, development, and management company, Red Pill Kapital, he did so with one goal—to help his fellow doctors attain financial independence and practice medicine on their own terms. For complete show not...

What are good assets to have for your children?

#008 Do you believe your children are not learning enough about money in school? Today, I am lucky to have Ivan Inspires join the show. He has been an entrepreneur for the last 15 years. Among many things, he is an Inventor, CEO of Head Start 2 Riches LLC, and a father of five children. Since Ivan has a passion for Financial Education and Entrepreneurship, he makes a conscious effort to incorporate all of the valuable lessons he has learned over the years into his work. He believes every ch...

Teach your children about investing

#007 Have you ever wondered how you can achieve financial freedom and secure a better future for yourself or your family?  Today, I am lucky to have The Millennial Money Woman (Fiona) join the show. The Millennial Money Woman is a personal finance blogger that addresses those needs for all, especially for millennial women who want to step up for themselves and take control of their financial destiny while talking to someone they trust. For complete show notes and transcripts please go to R...

Teach your children gratitude

#006 How are you teaching your children the importance of gratitude?   Today, I am lucky to have Scott Aaron join the show. Scott is passionate about helping fellow network marketers achieve success while building their own network organically and without complicated and costly marketing tactics.  His program has helped thousands of network marketers, entrepreneurs and individuals experience explosive growth following his program, LinkedIn® accelerator. For complete Show notes and transcr...

Teaching your children gratitude

How are you teaching your children the importance of gratitude?   Today, I am lucky to have Scott Aaron join the show. Scott is passionate about helping fellow network marketers achieve success while building their own network organically and without complicated and costly marketing tactics.  His program has helped thousands of network marketers, entrepreneurs and individuals experience explosive growth following his program, LinkedIn® accelerator. For complete Show notes and transcript p...

Teach your children how to run a business

#005 Today, I am lucky to have Chelsea Robberson on the show. She empowers school and education-related business leaders to evaluate processes, set strategic goals, and propel their mission forward. Chelsea is passionate about disrupting the status-quo of education through whatever avenue she can and pushing forward the mission of others with this same thinking. For full show notes and transcripts go to Raising Financial Freedom.com Links Mentioned:  Chelsea’s LinkedIn: https://www.linke...

Teaching you children how to run a business

#005 Today, I am lucky to have Chelsea Robberson on the show. She empowers school and education-related business leaders to evaluate processes, set strategic goals, and propel their mission forward. Chelsea is passionate about disrupting the status-quo of education through whatever avenue she can and pushing forward the mission of others with this same thinking. For full show notes and transcripts go to Raising Financial Freedom.com Links Mentioned:  Chelsea’s LinkedIn: https://www.linke...