The 6 MOST IMPORTANT Things to Teach Your Family about Money

In this video, I discuss what and how to teach your kids about money. The video covers 6 of life's most important money lessons:

-The importance of credit
-The importance of tax free investment growth using a Roth IRA
-The importance of insurance and more importantly understanding what you are buying
-Why credit card debt is very dangerous
-Spending less than you earn
-Why banking relationships matter

This video will help anyone who wants to learn more about the fundamentals of money and how to discuss these in a non-technical way with family members.

The Graham Stephan Video Mentioned in this Video:
The Millionaire Investing Advice for Teenagers
https://www.youtube.com/watch?v=EKIhc3tS0os&t=342s

Thank you Graham

Important Links:

Follow Me on Instagram:
https://www.instagram.com/the_schmidtlist/

Free "Retirement Ready" Checklist:
https://holyschmidt.com/checklist/

Federal Reserve Board Survey of Consumer Finances:
https://www.federalreserve.gov/econres/scfindex.htm

Social Security Administration Application for Benefits
https://secure.ssa.gov/iClaim/rib

Current Social Security Cost of Living Adjustment
https://www.ssa.gov/cola/

Social Security Payment Estimator
https://www.ssa.gov/benefits/retirement/estimator.html


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Disclaimer: this video is for educational and entertainment purposes only and is not meant to be a substitute for legal, accounting, tax, or professional advice. If you have any specific questions about any legal, accounting, tax or other professional service matter you should consult the appropriate professional services provider.

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