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Smart, not Spoiled: The Seven Skills to Master in Childhood with Chad Willardson

Investment advisory services are provided by Pacific Capital Wealth Advisors, Inc. (doing business as Pacific Capital), an SEC registered investment adviser. The firm only transacts business in states and jurisdictions where it is properly registered, or is excluded or exempted from registration requirements. Registration as an investment adviser is not an endorsement of the firm by securities regulators and does not mean the adviser has achieved a specific level of skill or ability.

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In a recent episode of the Practice of the Practice podcast, Chad Willardson shares insights from his book Smart, Not Spoiled, where he outlines seven essential financial skills for children. These skills, from learning to earn money to investing early and giving generously, aim to equip kids with practical financial knowledge from a young age. Willardson emphasizes teaching kids about cash flow, taxes, and borrowing wisely, preparing them for a secure and responsible financial future.

For a deeper dive into these financial principles, listen to the full podcast on Practice of the Practice.