Aug. 9, 2023

131. Preparing your Family Financially

131. Preparing your Family Financially

So many of our life’s money goals revolve around the positive; financial freedom, owning your own home, driving a nice car, taking wonderful vacations. But as much enjoyment as we can derive from these types of things, there’s also the other side...

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So many of our life’s money goals revolve around the positive; financial freedom, owning your own home, driving a nice car, taking wonderful vacations. But as much enjoyment as we can derive from these types of things, there’s also the other side of the coin; making sure that our loved ones are taken care of financially in the event that the worst happens. This is the topic that Vince discusses on this episode of CFO at Home with the Founder of Prepared Fathers, Jay Gabrani.

Key Takeaways

  • Money Conversations, Assets, Paperwork (4:41)

  • Protecting your family in times of loss/grief (6:15)

  • Knowing your numbers (10:07)

  • Distributing a loved one’s assets (13:12)

  • Important financial skills to teach your teens (16:14)

    • Investing 

    • Sales

    • Marketing

  • Non-Financial Skills (28:06)

Resources

Contact the Host - vince@thecfoathome.com