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LIVE Zoom Coaching Call 🎙️ is happening in 25 days
💬 “I don’t want to just raise kids — I want to raise legacy builders.”
Lara, a corporate mom, was tired of feeling like all she could pass on were memories. So we created: ✅ An IUL per child to grow tax-free ✅ A “Family Wealth Journal” to pass on wisdom ✅ A plan where future grandkids will benefit too Now she calls it her Legacy Project. 📩 DM "Legacy Project" if you want to start yours.
I’M NOT JUST RAISING KIDS — I’M RAISING FUTURE LEADERS.
🧠 My goal isn’t just to provide — it’s to prepare them. From a young age, I’ve made sure my kids learn two powerful lessons: ✅ Work creates value ✅ Money should grow, not sit So here’s what I’ve done: 🔹 I opened a compound interest account (IUL) while they’re still young 🔹 I explain how their money is working in the background 🔹 I include them in small decisions about saving, spending, and giving 🔹 I help them see the connection between effort, discipline, and rewards 💥 Because teaching them about money now will give them freedom later — not just financially, but in how they think. 📈 I’m setting them up with habits, mindset, and momentum. 💬 Want to build a future your kids can be proud of? 📩 DM me "Future Ready" and I’ll show you what we’re doing.
How to Set Your Kids Up for Success and Wealth 🚀
One of the greatest gifts we can give our children is the foundation for a successful, financially secure future. Here are five strategies to guide you in helping them build wealth over time: 1️⃣ Teach Financial Literacy Early • Introduce the basics of money management: saving, spending, and giving. Help them understand how to budget and make smart financial choices. • Encourage them to set savings goals for something they want, whether it’s a toy or a future goal, so they see the value in delayed gratification. 2️⃣ Model Smart Financial Habits • Kids learn by watching, so let them see you budgeting, saving, and making wise investments. • Talk openly about financial decisions, like why you choose to save for certain goals or avoid unnecessary debt. 3️⃣ Leverage the Power of Compounding • Start an account or investment that will grow over time, such as a Life Insurance Retirement Plan (LIRP) or other tax-advantaged account, so they benefit from the power of compounding. • Even modest contributions add up over time, creating wealth with a strong base for them to build on. 4️⃣ Encourage Entrepreneurship and Responsibility • Inspire your kids to think creatively about how to earn money. From lemonade stands to online projects, nurturing an entrepreneurial mindset builds confidence and financial independence. • Assign responsibilities that involve earning and managing their own money, reinforcing the value of hard work and smart choices. 5️⃣ Create Legacy Wealth with Proper Planning • Establish tools like trusts and structured accounts to create lasting wealth they can access in the future. This is part of what we call a “Legacy Wealth Fund,” ensuring financial growth across generations. Start early, be consistent, and make financial education an ongoing part of family life. These simple steps can set your children on the path to lifelong wealth and success! Let’s talk in the comments about any questions or ideas you have for securing your kids’ financial future.
How to Set Your Kids Up for Success and Wealth 🚀
How I Teach My Kids the Value of Hard Work and Money 🛠️
Hey Legacy Wealth Academy! I wanted to share a powerful lesson that’s made a big impact on my kids—and I think it can do the same for yours. Instead of giving my kids an allowance, I pay them commission based on the work they actually do. It might be small tasks around the house, but it teaches them an essential principle: you don’t get paid just for existing—you earn it. 💪 Not only does this build a strong work ethic, but it also opens up valuable discussions about saving, investing, and giving back. They’re learning financial responsibility at a young age, and the transformation has been amazing! Here are some tips and examples to help you implement a commission system for your kids: 1. Define Clear Tasks • Make a list of age-appropriate chores, like cleaning their room, doing dishes, or mowing the lawn. • Assign a specific dollar amount to each task based on its difficulty or time commitment. For example: • Cleaning room: $5 • Washing dishes: $3 • Mowing lawn: $10 2. Set Expectations • Have a conversation with your kids about the new system, explaining that they will be paid based on work completed—not a set amount each week. This ties income directly to effort. 3. Introduce Bonuses • Add incentives for going above and beyond. If your child completes all their tasks without being asked, offer a bonus. Example: • Completing all weekly tasks: $5 bonus • Helping a sibling with their chores: $2 extra 4. Teach Budgeting Early • Encourage them to divide their earnings into categories, such as: • Save: 50% • Spend: 30% • Give: 20% • Example: If your child earns $20 a week, they’ll save $10, spend $6, and donate $4 to a cause of their choice. 5. Reinforce Long-Term Goals • Teach them to set savings goals for bigger purchases like a new toy or bike. This builds patience and financial discipline. 6. Involve Them in Family Finances • As they grow older, get them involved in bigger financial decisions, like family budgeting. This helps them understand the bigger picture and prepares them for the real world.
How I Teach My Kids the Value of Hard Work and Money 🛠️
Wealthy Kids Webinar DROPPED! 💰
Hey tribe! I just dropped the wealthy kids webinar! Please check it out in the classroom section! If you have kids, why not help the get set up for success in the future!! 📍 https://www.skool.com/legacy-wealth-academy-3695/classroom/1d691220?md=c509dc5c19784b9389fe5aefe2263ff4 Drop a comment and let me know your 3 biggest takeaways!! 👇
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Legacy Wealth Academy
Legacy Wealth Academy empowers individuals and families by providing education and resources to develop long-term wealth-building skills.
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