62. Money Talks with Kids: Advice from Financial Advisor Drew Nix

Having worked in mortgages for years and now watching my kids grow up, I’m thinking about how to talk to them about money and investing. It strikes me that many parents struggle with this because they don’t fully grasp it themselves. To get some insight, I sat down with Drew Nix, my financial guru, to talk about empowering our kids with money smarts.Drew talks about how early financial education, like starting Roth IRAs and understanding mutual funds, can set our kids up for success. We even cover 529 plans, life insurance, and why it’s crucial for parents to model good financial behavior. Feeling lost in the numbers? Take a listen to this episode and let me know what you think. You can also reach out to Drew at franklinfa.com.- - - - - - - - - - -Liz Durham Instagram | WebsiteSubscribe Apple Podcast | SpotifyBeing Different with Liz Durham is a Palm Tree Pod Co. production