Tag: Financial Education

Raising Kids to Make Smart Money Choices (Ep.26)

Raising Kids to Make Smart Money Choices (Ep.26)

How early should you start talking to your kids about money? Here’s how you can raise financially savvy children from toddlerhood through their teenage years.

Join Alec Quaid as he explores the right age and methods to start teaching your kids about money. From handling allowances and chores to discussing the value of investments, Alec shares real-life examples and actionable insights that every parent can use.

Episode discussion points include:

  • How to initiate money conversations with your kids as young as the toddler stage
  • How Different chore allowances and savings goals can teach kids the value of money and delayed gratification
  • Being open about finances: Encouraging a family culture of transparency regarding financial responsibilities and practices
  • Leveraging real-life examples like opening a bank account or introducing a child to investing to make financial education engaging

Resources:

Connect with Ryan Poterack: 

Connect with Alec Quaid

Connect with Poterack Capital Advisory: 

Market Timing vs. Time in the Market & Other Market Volatility Concepts (Ep.24)

Market Timing vs. Time in the Market & Other Market Volatility Concepts (Ep.24)

Timing the market is often a perilous venture that can derail your long-term financial goals. Let’s discuss why maintaining your investment strategy during uncertain times is crucial for achieving financial stability.

Join us as we explore the dangers of market timing. Learn from Ryan Poterack’s extensive experience and gain valuable insights on why staying the course often yields better results than trying to predict short-term market movements. 

Ryan dives deep into the emotional and psychological aspects of investing, helping you understand the true value of a long-term investment strategy.

Episode discussion points include:

  • The unpredictability of market timing and its potential pitfalls
  • The importance of “time in the market” for long-term investment success
  • Real-world examples demonstrating the perils of reactive investing
  • Insights into emotional and psychological factors influencing investment decisions
  • And more

Resources:

Connect with Ryan Poterack: 

Connect with Poterack Capital Advisory: