How Bringing Your Kids To Work Builds Confidence, Skills, And Long-Term Wealth Podcast Por  arte de portada

How Bringing Your Kids To Work Builds Confidence, Skills, And Long-Term Wealth

How Bringing Your Kids To Work Builds Confidence, Skills, And Long-Term Wealth

Escúchala gratis

Ver detalles del espectáculo

What Are The Advantages Of Having Your Kids Work At Your Business?

Ever wondered how to turn family time into a masterclass in money, confidence, and character? We’re pulling back the curtain on what happens when your kids step into your business—not as spectators, but as contributors with real responsibilities and real payoff. From greeting clients and stamping envelopes to basic bookkeeping in QuickBooks, we show how age-appropriate tasks can spark public speaking skills, sharpen focus, and build a habit that changes futures: finish what you start.

We also get into the strategy that gets everyone’s attention: paying your kids a reasonable wage for legitimate work and channeling that earned income into a Roth IRA. With careful documentation and market-aligned pay, small contributions can compound for decades in broad-market index funds. We break down what “reasonable” looks like, how to track time or projects, and why records matter. You’ll hear how shifting income into a child’s lower tax bracket can create immediate savings, why the standard deduction is a big lever, and how to avoid the common traps—like inflated modeling rates without real deliverables.

Beyond the dollars, we talk values and community. Volunteer work, charity events, and hands-on service give kids a wider lens on what meaningful work looks like. Exposure to many careers—accounting, therapy, retail, product, and more—teaches that income follows skill, not a single path. That perspective fuels ambition with purpose, whether it’s saving for a first hotel or building a side hustle that sticks. We also touch on state-specific opportunities such as employer-linked 529 advantages and why a quick chat with a tax professional can unlock benefits you might miss.

If you’re ready to raise confident, capable kids who understand money and respect the process, this conversation is your playbook. Subscribe, share this with a parent or business owner who needs it, and leave a review with the first job you’d give your kid—we’ll feature our favorites in a future show.

To learn more about MyPocketFP visit:
https://www.MyPocketFP.com
MyPocketFP

Todavía no hay opiniones