Unlock the secrets to impart essential financial wisdom to your kids with guest and finance guru Clifton Corbin. We share a heartfelt journey through Clifton's early fascination with money, his trials with credit card debt, and his evolution into a champion for youth financial literacy.
Our conversation examines the foundational differences between earning and managing money smartly. It serves as a powerful reminder that teaching financial responsibility is key to preparing children for the economic complexities of the future.
We also discuss the upcoming Raising Generational Wealth Summit, which promises a deep well of knowledge for parents dedicated to laying the financial groundwork for their children's prosperous future.
Episode Highlights
(04:19 - 05:40) Teaching Responsible Money Management to Youth
(13:48 - 15:45) Best Practices for Teaching Financial Literacy Through Lending
(19:13 - 20:02) How To Explain The Difference Between Saving and Investing
(23:57 - 26:48) Piggy Banks vs. Bank Accounts
Resources
Connect with Clifton - cliftoncorbin.com
Join us at the raisinggenerationalwealth.com
Get your FREE Kids Money Workbook
Read Clifton’s book Your Kids, Their Money
Connect with Deb Meyer
Get a copy of Redefining Family Wealth