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Advising President Obama and Bush on Finance; Children & Money with Sharon Lechter

Season 1 Episode 42 Published 10 years, 7 months ago
Description

#42: As a child, were you taught a scarcity mindset?

Steering public policy through the White House and Congress may help future generations of American children be better-educated on finance.

Listen to this week's show and learn:

02:18 You're working 8+ hours a day for a job you're not passionate about. Why not at least plan an escape hatch?

06:17 Did your parents tell you "Money doesn't grow on trees" and "Who do you think we are, the Rockefellers?" Instead, Sharon reveals more constructive phrases.

08:32 As a child, did you learn to "save money" or "invest money?"

11:05 "Live below your means" reinforces a scarce mindset.

16:00 How to teach children about businesses.

17:33 Sharon Lechter on the value of a college education today.

24:50 Which President - Obama or Bush - would be more likely to calculate an apartment building cap rate? Sharon picks one!

25:11 Sharon on the power of real estate investing.

28:09 Sharon's work with "Think and Grow Rich."

Resources mentioned:

TheLandGeek.com/GRE and MidSouthHomeBuyers.com

Sharon's resources: SharonLechter.com |

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