Wisdom for Our Children - Spending, Saving, and Investing

We often try to overcomplicate finances, but simplicity is the key. That’s not to say simplistic: simple doesn’t equal simplistic.

On this episode, we wrap up our Wisdom for Our Children series by exploring your advice for spending, saving, and investing. We have tons of valuable guidance for the young people in our lives. Be sure to listen to hear all the suggestions.

OUTLINE OF THIS EPISODE OF THE RETIREMENT ANSWER MAN

WISDOM FOR OUR CHILDREN

• [3:38] Learn to invest in yourself
• [9:02] How to create wealth
• [12:52] Some audio advice

AN INTERVIEW WITH MARK TRAUTMAN

• [21:24] Understanding compound interest
• [31:10] The best place for a young person to save
• [40:29] How to invest your long-term investments

TODAY’S SMART SPRINT SEGMENT

• [48:44] Get a book for a young person in your life

Resources Mentioned In This Episode

BOOK - The Daily Stoic by Ryan Holiday

BOOK - Areté by Brian Johnson

BOOK - The Simple Path to Wealth by JL Collins

BOOK - Stacked by Joel Saul Sehy

BOOK - Profit First by Mike Michalowicz

BOOK - The Scarcity Brain by Michael Easter

Rock Retirement Club

Roger’s YouTube Channel - Roger That

BOOK - Rock Retirement  by Roger Whitney

Roger’s Retirement Learning Center