Can today’s teens still achieve financial freedom in a world of soaring inflation, student debt, and housing costs? In this episode, Dr. Meg Meeker sits down with Rachel Rodgers, entrepreneur and author of Future Millionaires, to uncover actionable strategies for helping young people become financially independent.From building marketable skills to encouraging entrepreneurship and resilience, Rachel shares powerful tools that empower teens to take control of their financial futures.In this episode, we discuss:<ul><li>Why the traditional American Dream is harder to reach—and what to do about it</li><li>How to help your child recognize their natural skills and turn them into income</li><li>The “Million Dollar Decisions” formula and why it matters</li><li>Why teaching kids to embrace failure can lead to lasting success</li><li>Smart, age-appropriate ways to introduce kids to investing and money management</li></ul>🎉 <a href="https://meekerparenting.com/" rel="noopener noreferrer" target="_blank">Join the Parenting Great Kids Community</a>, where you'll find support from like-minded parents who are committed to raising emotionally healthy, spiritually strong, and digitally safe kids.About Rachel Rodgers<a href="https://helloseven.co/about/" rel="noopener noreferrer" target="_blank">Rachel Rodgers</a> is a business coach, lawyer, and bestselling author of We Should All Be Millionaires. Her latest <a href="https://www.amazon.com/stores/Rachel-Rodgers/author/B08DNLH34V?ref=ap_rdr&isDramIntegrated=true&shoppingPortalEnabled=true" rel="noopener noreferrer" target="_blank">book</a>, Future Millionaires, offers a blueprint for teaching teens how to build wealth, develop decision-making skills, and create lasting independence. She’s the founder of Hello Seven, a company that helps women and people of color grow their businesses and transform their financial futures.Our Sponsors:<ul><li><a href="https://www.hungryroot.com/drmeg" rel="noopener noreferrer" target="_blank">Hungryroot</a> – 40% off plus a free item in every box with code DRMEG</li><li><a href="https://www.amazon.com/s?k=fam+gabs" rel="noopener noreferrer" target="_blank">Fam Gabs</a> – Spark real conversations with your kids. Use code DRMEGPOD for 10% off</li><li><a href="https://www.k12.com/drmeg" rel="noopener noreferrer" target="_blank">K12-powered schools</a> – Tuition-free, accredited online public education for K–12</li><li><a href="https://www.thrivecausemetics.com/DRMEG" rel="noopener noreferrer" target="_blank">Thrive Causemetics</a> – Clean, vegan beauty that gives back. Get 10% off your first order</li></ul>Episode Breakdown:&nbsp;&nbsp;00:00 Introduction: Financial Challenges for Young Adults00:56 The American Dream and Its Challenges01:37 Strategies for Financial Independence03:52 The Importance of Marketable Skills05:35 Encouraging Entrepreneurship in Teens10:21 Parental Guidance and Support14:36 Teaching Kids About Money18:21 Motivating Kids with Incentives19:28 Million Dollar Decisions Formula21:10 Teaching Kids Decision-Making Skills24:02 Encouraging Kids to Embrace Failure29:08 Financial Education for Kids35:11 Conclusion and ResourcesSee Privacy Policy at <a href="https://art19.com/privacy" rel="noopener noreferrer" target="_blank">https://art19.com/privacy</a> and California Privacy Notice at <a href="https://art19.com/privacy#do-not-sell-my-info" rel="noopener noreferrer" target="_blank">https://art19.com/privacy#do-not-sell-my-info</a>.

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Ep. 286: How to Raise a Future Millionaire

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