In this episode, I speak with Erica Schrock, a financial advisor specializing in helping women and their families achieve financial independence and security. We discuss how parents can empower their children to build financial literacy, enabling them to grow their wealth and attain financial freedom.
Our conversation covers:
The importance of investing early for children
Various strategies parents can use to invest for their kids using whole life insurance, Roth IRAs, UTMAs and 529 savings accounts.
How teenagers can develop a positive money mindset
Guidance for parents who may be hesitant about investing
Connect with Erica Schrock
Website: https://www.northwesternmutual.com/financial/advisor/erica-schrock/
Instagram:https://www.instagram.com/erica_schrock_/
Connect with Dali Rivera
Website: https://www.dalitalks.com/
Instagram: https://www.instagram.com/dalitalks/
Facebook: https://www.facebook.com/Dalitalk/