Bonus Q&A: Teaching Kids about Money, Investing and Financial Responsibility with Tad Fallows

Partner Deals Long Angle: Join a free private community for high net worth investorsBilt Rewards: ⁠Earn the most valuable points when you pay rentQuince: Affordable luxury essentials with free shipping + 365 day returnsFabric: ⁠Affordable term life insurance for you and your familyMasterClass: ⁠Learn from the world's best with up to 15% offFor all the deals, discounts and promo codes from our partners, go to: allthehacks.com/deals#88: Tad Fallows joins Chris on this bonus episode to discuss teaching children about money and investing, allowances, college savings, and strategies you can use for investing in your children. Tad also shares his favorite real estate tax hack recommendations for Dallas, Texas and his favorite finance podcasts.Tad Fallows (@LongAngleHNW) is co-founder of Long Angle, a private digital community of highly successful young entrepreneurs and executives. He also cofounded iLab Solutions LLC, a global leader in cloud-based laboratory management software, which Agilent Technologies acquired in 2016.Full show notes at: https://allthehacks.com/bonus-tad-fallows Partner Deals For all the deals, discounts and promo codes from our partners, go to: allthehacks.com/dealsResources MentionedConnect with Tad Fallows: Twitter | Website | LinkedIn | EmailResources Mentioned M is for Money Mr. Money Mustache Reddit fatFIRE Podcasts Odd Lots Podcast Money For The Rest of Us Business of Family Tad Fallows’ Dallas Recommendations Katy Trail Ice House Dallas Symphony Orchestra  Full Show Notes(00:00) Introduction to Tad Fallows(03:38) Fostering Financial Knowledge and Values in Children(07:09) Empowering Children with Brokerage Accounts for Stocks(08:39) Teaching Money Value and Charitable Giving through Allowances(09:04) Instilling Financial Responsibility and Natural Consequences(10:17) College Savings: 529s vs. Flexible Options(13:00) Tax Strategy: Real Estate Professional Status(14:07) Staying Current on Investments and Finances: Tad's Resources(15:47) Tad's Recommendations for DallasConnect with All the HacksAll the Hacks: Newsletter | Website | Membership | EmailChris Hutchins: Twitter | Instagram | Website | LinkedInEditor’s Note: The content on this page is accurate as of the posting date; however, some of our partner offers may have expired. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.