How To Set Your Kids Up Financially

By Bill Jackson July 18, 2023 2 mins read 1580 Views

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Ep 41 - Alexa von Tobel is the founder and former CEO of LearnVest and the current Managing Partner of Inspired Capital, a venture capital firm she founded. As a mother of three, Alexa is going the extra mile to help her kids know everything they need to know about money and finances. Alexa gives advice on how to talk to your kids about money and how to help your kids have a good relationship with money, and she lists everything you should be doing to help set up your kids financially.

Get Alexa's book, Financially Fearless: https://amzn.to/3NWI8UJ

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Timestamps:
00:00 - Intro
00:51 - LearnVest and traits to become a successful entrepreneur
17:28The 50-20-30 rule and other budgeting tips
23:35 - How to teach your kids about money and investing
32:22 - Things you can do as a parent to set your kids up financially: Roth IRA and Roth 401(k)
37:47 - Things you can do as a parent to set your kids up financially: 529 Plans
39:58 - Other things you can do as a parent to set your kids up financially
47:48 - Alexa's one personal finance takeaway
48:57 - Alexa Taught Me