Raising Children To Invest and Become Financially Independent with Maya Corbic

01/02/2024

The Dreamers Podcast

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38:04

Teaching kids about money should be entertaining and age appropriate. Using terminology they understand and playing entertaining games can help teach them about budgeting, investing, saving, and even negotiating.

Teaching grown-ups about money works the same way – keeping it simple, real, and doable. That way, they can easily share these friendly money tips with their kids, guiding them to handle finances responsibly and build wealth for the long term.

Take it from our Dreamer this episode, Maya Corbic, a certified public accountant and the founder of the Wealthy Kids Investment Club. In this episode,.

She shares insights on teaching financial literacy to both kids and adults, and empowering parents to raise financially independent children.

Maya is the author of "From Piggy Banks to Stocks: The Ultimate Guide for a Young Investor”, a book that breaks down investing concepts, making it easy for children to grasp essential skills while staying engaged.

In this episode we discuss:

Maya’s money journey and lessons from living in shelters and Government housing as a refugee to financial independence in her forties.
How investing $10 a week in Index Funds can help your children become millionaires.
How to start teaching kids as young as 4 years old about finances.
Teaching kids how to prioritize needs over wants
Teaching children to save 50% of their allowance to start investing.
Fun ways to introduce budgeting, credit cards, and negotiation to kids.

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