516: Are You an Asset or Liability to Those in Your Life? w/ Earn Your Leisure 01:14:09

    <p>Everyone knows that <a href="https://www.biggerpockets.com/blog/personal-finance-class-requirement"><strong>financial education</strong></a> is one of the most crucial things to<strong> teach children at a young age</strong>. It doesn't just set them up to be wealthy, but it gives them the tools to be confident, choose <a href="https://www.biggerpockets.com/blog/study-shows-patience-pays"><strong>delayed gratification</strong></a>, and hopefully, impact another young person’s life one day. This is understood wholeheartedly by <a href="https://www.earnyourleisure.com/"><strong>Rashad Bilal and Troy Millings</strong></a>, former financial advisor and school teacher.</p><p>What had started as a <strong>small classroom experiment in teaching children financial literacy</strong> turned into a media empire. Rashad and Troy shared their class teachings online, which pushed them to create a course for the kids, and later into the <a href="https://anchor.fm/earnyourleisure"><strong><em>Earn Your Leisure</em> podcast</strong></a>, where they talk about everything ranging from high-value financial concepts to sports to entertainment and more.</p><p>What keeps Rashad and Troy going is knowing that their work is <strong>allowing thousands of people to improve their life situations</strong>, whether children or adults. The duo not only talks extensively about the difference between<strong> financial </strong><a href="https://www.biggerpockets.com/blog/2016-01-26-liability-asset-own-house-you-live-in"><strong>assets and liabilities</strong></a> but about <strong>relationship assets and liabilities</strong>. This helps answer the question: who’s helping bring you up and who’s trying to keep you down?</p><p><strong>In This Episode We Cover:</strong></p><p>The importance of spurring on <strong>financial literacy for young kids </strong></p><p><a href="https://www.biggerpockets.com/blog/biggerpockets-money-podcast-183-rob"><strong>How to teach your children about money</strong></a> and examples you can use</p><p>The role that playing sports had in Rashad and Troy’s lives</p><p><strong>Assets over liabilities</strong> and why you need to invest in relationship assets as well</p><p>Stocks, ETFs, multifamily, and <a href="https://www.biggerpockets.com/blog/sold-property-crypto">cryptocurrency investments</a></p><p><strong>Staying committed to your goals</strong> and following through</p><p>And <strong>So </strong>Much More!</p><p><strong>Links from the Show</strong></p><p><a href="https://www.biggerpockets.com/forums">BiggerPockets Forums</a></p><p><a href="https://www.biggerpockets.com/membership-types">BiggerPockets Pro Membership</a></p><p><a href="https://www.biggerpockets.com/youtube">BiggerPockets Youtube Channel</a></p><p><a href="https://www.bpcon2021.com/">BiggerPockets Conference 2021</a></p><p><a href="http://biggerpockets.com/agents">BiggerPockets Agents Finder</a></p><p><a href="https://biggerpockets.com/insights">BiggerPockets Insights</a></p><p><a href="https://anchor.fm/earnyourleisure/episodes/EYL-63-Money-Machine-eapd3l">EYL Episode #63 Money Machine by Earn Your Leisure</a></p><p><a href="https://www.airbnb.com/">Airbnb</a></p><p><a href="https://www.instagram.com/beardybrandon">Brandon's Instagram</a></p><p><a href="https://www.instagram.com/davidgreene24/">David’s Instagram</a></p><p><a href="https://odcfund.com/">OpenDoor Capital</a></p><p>Click here to check the full show notes: https://www.biggerpockets.com/show516</p>
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