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Description
There is so much pressure put on parents to provide a great life for their children. With all of the options for after-school activities, ranging from clubs to travel sports, it’s easy to quickly get sucked into spending thousands of extra dollars each month.
The problem arises when you begin doing this at the expense of your family’s finances, especially your own long-term goals, like paying off your mortgage or saving for retirement.
In this episode we’re going to discuss why it’s OK to refrain from over-spending on your kids, and provide some actual numbers to show just how much it could be costing you.
So get out your note-taking tools and buckle up for a quick ride on the road to Financial Freedom!
Resources
Ep #056: The Dangers Of Giving Your Kids A “Better Life” – Capable Wealth Podcast
The Financial Sacrifice Of Giving Your Kids Everything – Capable Wealth Blog
What’s The Price Tag For A College Education? – Collegedata.com
Ep #051: 12 Ways To Raise Financially Fit Kids – Capable Wealth Podcast
Ep #040: How To Avoid The Financial “Raccoon Trap” – Capable Wealth Podcast
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Disclaimer: The information contained in this podcast is for general information purposes only. In no event will we be liable for any loss or damage derived from the information provided.