Welcome back to another episode of the Money Mindset podcast. In this special episode, we're joined by award-winning blogger and podcaster Andy Hill from Marriage Kids and Money.
We'll be discussing why parents should prioritize their financial well-being before helping their children. The debate between saving for retirement and college expenses is a hot topic, and Andy shares valuable insights and strategies for maintaining your financial stability while preparing your kids for the real world.
Don't miss this enlightening conversation!
Andy Hill is the award-winning family finance coach behind Marriage Kids and Money - a platform dedicated to helping young families build wealth and happiness.
Andy's advice and personal finance experience have been featured in major media outlets like CNBC, Forbes, MarketWatch, Kiplinger’s Personal Finance and NBC News. With millions of podcast downloads and video views, Andy’s message of family financial empowerment has resonated with listeners, readers and viewers across the world.
When he's not "talking money", Andy enjoys being a Soccer Dad, singing karaoke with his wife and relaxing on his hammock.
“We need to start making some decisions that are for our personal betterment because our kids have a resource that a lot of us don't have, is they have got a lot more time. They've got a lot more time on their side to build wealth, to take care of their future, to do the things they need to do to create the life that they have. So whether that's investing or earning their own money or choosing career paths that work best for them, they've got time on their side. We're a little older. We don't have as much time, maybe not as much energy either to make all these things happen. So we're gonna have to make some decisions that are really best for our personal future.”
- Andy Hill
00:00 - Introduction to the episode
02:36 - Meet our special guest, Andy Hill from Marriage Kids and Money
04:01 - The importance of teaching kids to become independent
06:44 - Establishing boundaries with older children
09:32 - Teaching kids family and financial responsibilities
14:55 - Deciding between saving for college and retirement
19:18 - Last words of wisdom
23:12 - Resources for teaching children about money and financial planning
24:44 - Andy's book recommendation
26:30 - Connect with Andy
For easy step by step directions and worksheets on getting your budget together and done in 30 minutes a month, download my FREE Budget Starter Kit on www.budgetsmadeeasy.com/start
And if you enjoyed the podcast today and got some great takeaways, I’d really appreciate it if you followed the Money Mindset Podcast so you don’t miss out on future episodes
Resources and Links Mentioned:
- A free section of my new course Make My Kid a Millionaire!: www.marriagekidsandmoney.com/AshelyP
- Budget Starter Kit: www.budgetsmadeeasy.com/start
- Die With Zero by Bill Perkins
Connect with Ashley:
- Instagram: www.instagram.com/budgetsmadeeasy
Connect with Andy: