Discover how to teach kids about money and pass on generational wisdom with financial advisor Marc Shaffer and host Dr. Julia Myers.

Teaching kids about money works best when it starts early and doesn’t rely on one person alone. The advisors, mentors, and coaches around your family are the infrastructure that carries generational wisdom forward. Hear how to build that team with financial advisor Marc Shaffer and host Dr. Julia Myers.

Marc shares his expertise on family wealth transfer, early money education, and the importance of kindness and intentionality in financial conversations. Discover practical tips to raise financially savvy kids and build a legacy of wisdom.

Key Takeaways:

• Advisors and mentors help pass down money wisdom
• Teach kids early with piggy banks and delayed gratification
• Give kids skin in the game and gift wealth while you’re alive

About Marc Shaffer:

Marc Shaffer, CFP, AIF, and EA, is a financial advisor at Searcy Financial Services, a 50-year-old firm. He helps families build strong financial futures while staying grounded in what matters most. Passionate about teaching and community involvement, he’s also the author of One for All: Systematize Your Kindness in Your Network. Outside work, he stays active, gives back, and spends time with his family.

Episode Links & Resources:

One for All: Systematize Your Kindness in Your Network by Marc Shaffer

Website: searcyfinancial.com

Timestamps

00:00 Why gift money before you’re gone
15:37 Skin in the game: college and weddings
23:35 Build giving into your budget
29:14 Teaching a 4-year-old with piggy banks
35:57 Talking to kids about money without fear
39:40 “Is our money safe?” at ages 4 and 14
42:20 Teaching the value of a dollar
46:57 Marc’s money story: stop hoarding, start enjoying

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Generational Wisdom is the show for parents raising great kids in a world where more is never enough. Hosted by Dr. Julia Myers, TEDx speaker and mom of five. This show is for education and encouragement, not financial, legal, or tax advice. Generational Wisdom® is a registered trademark of Generational Wisdom LLC. All Rights Reserved. Subscribe and follow on YouTube or your favorite podcast player so you don't miss the next conversation. For guest inquiries, visit juliamyers.com/podcast