Should parents buy investment properties for their kids, or sell properties to them?

In this episode of FI for Kids, host Dominic DeLaquil speaks with real estate investor and coach Amelia Misenheimer about growing up in an entrepreneurial family and how those lessons shaped her path to financial freedom.

Amelia shares a heartbreaking but powerful story about collecting rent as a child (the "Go-Kart" story) that taught her the difference between having "stuff" and having security. We also dive deep into advanced strategies for young adults, including how parents can act as the bank to help their college-aged kids house hack and build equity early.

In this episode, we cover:

· Money Memories: Growing up in a mobile home dealership and learning to negotiate.

· The "Go-Kart" Story: A powerful lesson on prioritizing bills over toys.

· Tactile Money: Why kids need to physically handle cash and write checks.

· Real Estate for Young Adults: How to structure a "Real Estate Contract" to sell a home to your child.

· 3D Investing: Managing rentals overseas as a military spouse.

Whether you want to help your child buy their first home or just want to teach them to be money smart, this conversation is full of unique insights.

Timestamps:

· 00:00 Intro: Growing up in a business family

· 01:21 The "Go-Kart" Story: A lesson on values & rent

· 05:57 Why kids need to write checks & handle cash

· 11:23 Money doesn't have to be serious (The "Tool" Mindset)

· 23:32 The Nail Salon Story: Learning from overdrafts

· 26:18 Real Estate for College Kids (House Hacking)

· 35:12 How Parents Can Be the Bank (Real Estate Contracts)

· 38:45 "3D Investing": Real Estate as a Military Spouse

· 41:58 Designing your own Financial Freedom plan

Connect with Amelia Misenheimer: https://www.ameliamisenheimer.com

Episode links:

https://dominicdelaquil.com

https://fiforkids.com

Music: Douglas Cameron: https://www.reverbnation.com/douglascameron

The Zoo Human Project: https://open.spotify.com/artist/2kNCM6z0SHjdumOldVWLOc?si=pSnGVAAFRUaJ0xmcGYG7VA

#RealEstateInvesting #MoneySmart #FinancialFreedom #ParentingTips #HouseHacking #MilitaryMoney #RealEstateForBeginners #FIforKids

https://dominicdelaquil.com

https://fiforkids.com

Want to set your children up for life while saving money on your taxes today? In this episode of FI for Kids, host Dominic DeLaquil sits down with Kyle Beltle, a CPA and certified tax coach, to reveal the blueprint for raising financially independent children.

We go beyond basic allowances and dive into advanced money management and tax strategies that most parents overlook. Kyle explains the crucial difference between a traditional CPA and a proactive tax coach, and how the latter can save your family thousands.

In this episode, we cover:

• Entrepreneurship for families: How involving kids in the family business can teach valuable lessons and provide tax benefits.
• Investing for the future: The power of Roth IRAs for young savers and how to maximize 529 plans for education (and beyond).
• Financial Education: Tailoring money lessons to your child's specific personality type.
• Wealth Strategy: How to use UTMA accounts and alternative investments to secure your family's financial freedom.

Whether you are looking to optimize your tax strategies or simply want to give your kids a head start on financial independence, this conversation is packed with actionable advice.

Timestamps:

• 00:00 Introduction to Financial Independence for Kids
• 01:26 Growing Up with Financial Education
• 08:24 Practical Approaches: Teaching Kids About Money
• 14:01 Tax Strategies for Financial Empowerment
• 18:57 Maximizing 529 Plans & Education Savings
• 24:30 Hiring Your Kids: Entrepreneurship & Tax Benefits
• 32:51 Retirement Account Optimization for High Earners
• 41:30 The Difference Between a CPA and a Tax Coach

https://dominicdelaquil.com

https://fiforkids.com

Can a franchise help your family move from money stress to real financial independence—and teach your kids about money along the way?

In this episode of FI for Kids, host Dominic DeLaquil talks with franchise coach Adam Goldman about his journey from a financially stressful childhood to helping families use franchising as a path to wealth, freedom, and better family life.

Adam shares:

• How growing up around money stress shaped his view of finances
• Why he’s radically transparent about money with his three kids
• How games like Cashflow and Monopoly teach kids ROI, deals, and strategy
• Why money is a tool, not something to fear or obsess over

Then they dive into the franchise world:

• Why business ownership is a powerful path to financial independence
• How franchising is like entrepreneurship with training wheels
• Leaving corporate: full-time vs part-time/manager-run franchise models
• Matching your personality, skills, and geography to the right franchise
• Why franchises can be a great diversifier for real estate investors
• E-2 visas, immigration, and using franchises to create jobs and a new life
• The investment range (from ~$125K service brands to 7-figure McDonald’s) and financing options

If you’ve ever wondered whether a franchise could be part of your path to FI—and how to involve your kids in real-world money learning—this episode is a practical, no-nonsense starting point.

Links:

https://franchisecoach.net

Book: The Franchisee Lifestyle – real franchise case studies and lifestyle stories

Music: https://www.reverbnation.com/douglascameron