What Was Once Upon A Time, Is Not Now

#037 Today on a solo show. Someone asked me the other day, Eric, why there is no set system of retirement in this country. And I thought about it and I told him once upon a time there was not a set system, but there was a kind of a for. That everyone followed and little financial literacy was needed at that time because everyone just did the same thing.

[00:02:02] Eric: So let's go back to a time where the economy was good and things was picking up right after, uh, a world war, world war two

[00:02:28] Now that's a lot of goods and shelter that's needed. Women at that time were averaging four kids per household

[00:03:25] And this was done for decades. There's no financial literacy that's needed here. You just followed simple cut and paste and it worked

[00:04:20] This 401k was supposed to be in addition to the retirement plan you had back then,

[00:05:14] So now 401k replaced. The great recession, pretty much crippled and damaged the stock market and people savings.

[00:06:47] Or financially free to the point where retirement was thought of at an early age and the methods to retirement Come to them as second nature.

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A podcast show for parents who want their children to grow up financially smart or free. Eric Yard is the host and he's here to talk about old, present and future ways of managing and creating money for the young to learn so that parents can teach it to them.This can be instilled into to our children at a young age and carried with them until is time to leave the nest. Some of the topics like how to teach kids to use credit cards responsibly, how to teach your child about investing, ways to teach kids about money, how to teach your children about debt, and other tips that will help your child put their best foot forward in life. The show is a mix of interviews and solo shows from Eric that you will want to bring your pen and paper for. Hit subscribe if your ready to teach your child to be the best they can be financially!

• No. of episodes: 48
• Latest episode: 2022-03-29
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