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All the Hacks with Chris Hutchins

Bonus Q&A: Teaching Kids about Money, Investing and Financial Responsibility with Tad Fallows

16 min • 18 november 2022

#88: Tad Fallows joins Chris on this bonus episode to discuss teaching children about money and investing, allowances, college savings, and strategies you can use for investing in your children. Tad also shares his favorite real estate tax hack recommendations for Dallas, Texas and his favorite finance podcasts.

Tad Fallows (@LongAngleHNW) is co-founder of Long Angle, a private digital community of highly successful young entrepreneurs and executives. He also cofounded iLab Solutions LLC, a global leader in cloud-based laboratory management software, which Agilent Technologies acquired in 2016.

Full show notes at: https://allthehacks.com/bonus-tad-fallows

 

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Resources Mentioned

Connect with Tad Fallows: Twitter | Website | LinkedIn | Email

Resources Mentioned

 

Full Show Notes

(00:00) Introduction to Tad Fallows

(03:38) Fostering Financial Knowledge and Values in Children

(07:09) Empowering Children with Brokerage Accounts for Stocks

(08:39) Teaching Money Value and Charitable Giving through Allowances

(09:04) Instilling Financial Responsibility and Natural Consequences

(10:17) College Savings: 529s vs. Flexible Options

(13:00) Tax Strategy: Real Estate Professional Status

(14:07) Staying Current on Investments and Finances: Tad's Resources

(15:47) Tad's Recommendations for Dallas


Connect with All the Hacks

All the Hacks: Newsletter | Website | Membership | Email

Chris Hutchins: Twitter | Instagram | Website | LinkedIn


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