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096 - Should I Give My 4 Year Old a Credit Card?
Published 5 years, 1 month ago
Description
Scott and James discuss whether or not you should give your 4 year old a credit card.
Planning Points Discussed
- Retirement Planning
- Utilizing Time Efficiently
- Capital Appreciation
- Purchasing Power
- Other issues (IRAs, Inflation, Financial Goals, etc.)
Timestamps:
1:30 - Listener Question
3:05 - Determining Your Credit Score
6:20 - Credit Utilization
7:00 - 10 years vs. 34 years of Saving
9:24 - Why Credit Matters
11:11 - How To Teach Kids About Money
12:45 - Building Financial Habits
13:00 - Using "FamZoo" - Preparing Kids For Finances
15:10 - Aligning Your Financial Goals
16:30 - Overview
LET'S CONNECT!
James
Scott
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