Where do your best money habits come from? As a kid, did you have chores and earn an allowance? Were you told all debt is bad? Or maybe your family never talked about money growing up? Our guest today grew up with family mantra that she can still recite perfectly today, a “repenting bench,” and a chore list that required bidding and negotiation. Paige Cornetet learned awesome lessons from her father as a kid about money AND life. He taught Paige and her three siblings in a way that was fun and engaging. Paige shares some of those lessons today and ways to help teach your own family, friends, or yourself about money.
In our headline segment, we’re breaking down the Inflation Reduction Act. How can it help you save money on energy costs? We’ll share! We also answer Rachel’s question about when and why to sell her investments. And of course, Doug will share his amazing trivia.
- Here’s how the Inflation Reduction Act’s rebates and tax credits for heat pumps and solar can lower your energy bill (MarketWatch)
Big thanks to Paige for joining us today. Learn more about Paige at Millennial Guru and grab a copy of her book My Dad’s Class: An Intentional Structure for Teaching Kids About Money and Life.
- Who signed the biggest Nike contract of all time?
Need life insurance? You could be insured in 20 minutes or less and build your family’s safety net for the future. Use StackingBenjamins.com/HavenLife to calculate how much you need and apply.
- Rachel has been continually saving and investing into index funds but she doesn’t know when she is supposed to sell the funds.
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Written by: Brooke Miller
Miss our last show? Listen here: Hope, Riches, and The Titanic