We hear a lot of talk about the different generations of people today, but one thing is certain – each generation is unique, and their financial and tax goals are as well.
Cindy Kula, tax planning virtuoso in Rea’s Cleveland office, joins unsuitable again to talk about tax planning strategies for different generations and why financial and tax planning strategies are essential, particularly among the younger generations.
Children Learn What They Live
In every aspect of life, children learn what they live and see – and that’s especially true for financial habits. If parents save and accumulate wealth, or practice smart spending strategies, children learn that, consciously or unconsciously. So demonstrating good tax planning and spending strategies is one of the best things you can do to set your children up for financial success in the future.
If you are in a multi-generational household, you will be interested in these other topics discussed in this episode:
If you liked this episode of unsuitable on Rea Radio, let us know by hitting the like button or by sharing it with your followers on social media. You can also use #ReaRadio to join the conversation on Facebook and Twitter, and you can watch the podcast in action on the Rea & Associates YouTube channel. We’ve also included access to additional resources on our website at www.reacpa.com.
