Takeaways:

1. From the moment a child is born, parents have approximately 936 weekends until they reach adulthood, emphasizing the importance of utilizing this time effectively.
2. It is crucial for fathers to lead by example in financial matters, as children learn more from observing their parents than from verbal instruction alone.
3. Establishing a custodial investment account for children is not merely a financial strategy, but a significant educational opportunity to instill financial literacy.
4. Teaching children about healthy lifestyle choices is vital, as it sets a foundation for their long-term well-being and helps them manage stress effectively.
5. Soft skills such as empathy, respect, and effective communication are essential for children's future success in both personal and professional realms.
6. Writing a legacy letter to one's children serves as a powerful means of transmitting values and life lessons, ensuring they understand their parents' love and aspirations.

📚 Money Values: "The Opposite of Spoiled" by Ron Lieber : https://ronlieber.com/books/the-opposite-of-spoiled/

📚 Negotiation Skills: "Never Split the Difference" by Chris Voss : https://a.co/d/6r7MSVf

📚 Your Money: Carl Richards: https://a.co/d/6jXaeZo

📘 My Book: "Momentous Decisions: 7 Steps to Better Health, More Wealth, and a Richer Life”: https://a.co/d/3hDj1sd

#InvestingForKids #FinancialLiteracyForKid #CustodialAccount #CustodialRothIRA #LegacyBuilding

Links referenced in this episode:

1. legacyletter.com

Companies mentioned in this episode:

1. Legacy Letter
2. Ron Lieber
3. Carl Richards
4. Chris Voss