
S3E59: What the Rich Teach Their Kids About Money
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About this listen
🎯 Ready to take control of your financial future? Visit https://bit.ly/3JsRdmj for access to FREE investing tools, including Andy’s “Power of 6” ebook.
Most kids grow up learning almost nothing about money—except how to spend it.
The rich raise their kids differently.
In this episode of StockCast, Andy Tanner reveals the money lessons wealthy families pass down that you won’t find in school. These aren’t just tips on saving—they’re strategies for building cash-flowing assets, understanding good vs. bad debt, and making smart investments that last for generations.
You’ll discover:
- Why financial education starts at home, not in the classroom
- How the rich teach kids to make money work for them
- The power of cash flow and asset ownership
- Lessons that set kids up for financial freedom instead of lifelong debt
Whether you’re a parent who wants to raise financially smart kids—or you wish someone had taught you these lessons sooner—this episode will give you the blueprint for breaking the cycle of living paycheck to paycheck.
00:00 Introduction to Financial Education for Kids
01:24 The Importance of Taking Action
05:33 Why Schools Fail at Teaching Financial Education
11:07 Teaching Kids About Money Through Real-Life Involvement
18:32 Unpacking Financial Education Failures
18:35 Introduction to Wealthy Parenting Strategies
19:39 The Cone of Learning Explained
23:07 Teaching Through Action: The Lemonade Stand
26:24 Lessons from Real-Life Experiences
27:16 The Importance of Financial Literacy for the Future
35:03 Final Thoughts and Call to Action