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Teaching Kids about Money with Adam Stock

Teaching Kids about Money with Adam Stock

FromFront Row Dads


Teaching Kids about Money with Adam Stock

FromFront Row Dads

ratings:
Length:
41 minutes
Released:
Dec 22, 2020
Format:
Podcast episode

Description

Very few kids understand money, investing, charitable giving, or financial literacy by the time they finish high school. As parents, a lot of us learned about money the hard way, through struggles and tough decisions, but our experiences don't always make it easier to teach our kids how to make great financial decisions. When COVID-19 brought in-person schooling to a crashing halt, family wealth manager Adam Stock decided to be part of the solution. Rather than complain about how lousy online education was, he created Money Mondays. Over a series of Zoom calls for kids aged 10-15, he and a number of incredible guests gave presentations on a wide range of financial concepts, including the value of saving, investments, charitable giving, and much more.  Today, Adam and I are talking about how formal education fails so many kids when it comes to finances, the issues parents face when we talk about money with our kids, and the power of charitable giving.  We also introduce the best of Money Mondays, a condensed, 3-week series of one-hour classes Adam will be hosting in January. If you have kids ages 10-15 who you think would be a great fit for this, please text WEALTH to (512) 379-6952, or email rachel@frontrowdads.com to find out how you can enroll today. Gold Nuggets    How and why Adam started teaching a group of kids about money when COVID hit. Important topics to focus on when teaching your kids about money. Teaching kids that making money and becoming successful doesn’t happen overnight.  Teaching kids about philanthropy. Why money equals responsibility. Adam’s family rituals around charitable giving and gratitude. Find out how your kid can participate in Money Monday’s this January! How to make a donation in your kids’ name this holiday season in an impactful way.   Big Questions Asked What is Money Monday?  Why doesn’t school teach our kids about money? What financial topics are important for our kids to learn? How can talking about money help us understand what our kids value and believe in? If your kid had a briefcase full of money, what cause would they give it to? Don’t miss the exercise Adam gave to a group of kids that gets them thinking about charitable giving.  Should you give money to panhandlers? Adam’s answer may surprise you! Will your kids have the same value around money as you do? Get the Full Show Notes Want access to the full show notes, including links to all resources mentioned during today's conversation? Visit FrontRowDads.com/256 Want to learn more about Front Row Dads? We are in the business of building better families. While most dads would say that family matters most, the challenge is they feel guilty knowing their careers get the best of them, and their family seems to get the rest of them. We help Dads become family men with businesses, not businessmen who have families, so they can thrive personally AND professionally. Subscribe to the Front Row Dad podcast to learn about fatherhood, marriage and how to level up your game at home, or if you’re ready for the best coaching and true brothers to grow with, Join The Brotherhood! Are you getting all the shows? Subscribe today! Want to leave a review? THANK YOU! http://FrontRowDads.com/review
Released:
Dec 22, 2020
Format:
Podcast episode

Titles in the series (100)

Front Row Dads Is For Fathers Who Want To Learn Strategies To Be More Effective And Efficient In Fulfilling Their Role As Husbands And Fathers. Our mission is to create an intentional space where “family men with businesses” can build powerful RELATIONSHIPS, discover RESOURCES that serve your family, and deliver big RESULTS for generations to come. BUILD RELATIONSHIPS around conscious commitments for exponential evolution. We take bold action, amplify strengths, defy odds and courageously step into every challenge. GAIN RESOURCES by having a humble curiosity for growth & contribution. We relentlessly pursue learning opportunities and growth strategies for a collective win through shared resources. DELIVER RESULTS to our families and business from this open space of love & grace. We choose to be unfiltered, unmasked, true, trusting so that transparency now leads to boundless transformation. OUR PILLARS Intentional Parenting Being fully present, endlessly curious and active participants in the emerging genius within our children. Thriving Marriage Creating a dynamic partnership that makes each person feel fully alive while providing a model to our kids for a healthy relationship. Business Evolution Structuring our businesses so that we consciously choose to be family men with businesses, not business men with families Wealth & Legacy Responsibly using our vast resources to create an abundant life for kids and generations to come. Vibrant Health Stepping fully into practices that elevate our mental, physical and spiritual states so we may best serve our family, business and community. Emotional Intelligence Exercising our ability to perceive, process, and evaluate emotions thus developing our self-awareness, empathy and inherent insights which guide us from a stable state of being. The Men who choose to join the FRD brotherhood are… Entrepreneurial minded men who can see that building a family requires investing, just like their business Men with wisdom, who are wise enough to know there’s more to learn Guys who value being a “Family man with business, not businessman with family” Dads who want to avoid some of the mistakes their fathers made, and start a new legacy Men who want to design the future of fatherhood, and blend modern technologies with ancient wisdom to maximize impact Those who believe “When you’re kicking ass, show up for others, because one day, when life is kicking your ass, others will show up for you.” (Thanks to Front Row Dad Aaron A for this thought) Men who choose to invest 1% of the year to sharpen the axe as a family man Learn more at FrontRowDads.com