• Raising Money Smart Kids in Military Families with Daniel Kopp #164

  • Mar 3 2025
  • Length: 57 mins
  • Podcast

Raising Money Smart Kids in Military Families with Daniel Kopp #164

  • Summary

  • How to teach your military kids about healthy and positive money habits, set expectations for college, use the GI Bill, and leverage 529s and other investment accounts for your military family. With today's guest, Daniel Kopp, we discussed: Teaching kids spending, saving, and giving bucketsTeach, demo, supervise with your kidsGive them chances to failWants vs. needs & delayed gratificationDon't make money a big secret- talk about itEvolving the lessons you teach your kids as they age529s, UTMAs, taxable brokerage accounts, and life insuranceTax efficient gifting strategiesFAFSA for military families VA chapter 35Prepaid college The "College Pre-Approval Process"How to avoid overpaying for college Links we mentioned: Money Scripts episode w/ Daniel Kopp (episode # 82) Cybersecurity 101 podcast episode (#157)Military Financial Advisors Assocation (MFAA)FDIC's Money Smart CatalogCFPB’s Money As You Grow program NCUA GamesU.S. Mint free games and activities for childrenMilitary to Financial Planner podcastWise Stewardship Financial Planning Daniel Kopp is a fee-only, fiduciary financial planner and founder of Wise Stewardship Financial Planning where he helps young widows and widowers as well as servicemembers get their financial lives in order by aligning their money with their values. He is also an Air Force veteran after almost 9 years as an officer on active duty during which he served as an Air Battle Manager participating in combat deployments and training opportunities all across the world. Outside of his official military commitments, Daniel has always had a passion to help servicemembers and their families master their finances where he served as a volunteer financial counselor during most of his time on active duty. Books mentioned in this episode: Raising your Money-Savvy Family for Next Generation Financial Independence by Carol Pittner and Doug NordmanHow to Pay for College by Ann GarciaThe Missing Billionaires by Victor Haghani & James WhiteThe Price You Pay for College by Ron LieberThe Opposite of Spoiled by Ron LieberSmart Money Smart Kids by Dave Ramsey and Rachel CruzeFour Money Bears by Mac Gardner For a limited time, Spencer is offering one-on-one Military Money Mentor sessions! Get your personal military money and investing questions answered in a confidential coaching call. Our new TSP course is live! Check out the Confident TSP Investing course at militarymoneymanual.com/tsp to learn all about the Thrift Savings Plan and strategies for growing your wealth while in the military. Use promo code "podcast24" for $50 off. Plus, for every course sold, we'll donate one course to an E-4 or below- for FREE! If you have a question you would like us to answer on the podcast, please reach out on instagram.com/militarymoneymanual or email podcast@militarymoneymanual.com. If you want to maximize your military paycheck, check out Spencer's 5 star rated book The Military Money Manual: A Practical Guide to Financial Freedom on Amazon or at shop.militarymoneymanual.com. I also offer a 100% free course on military travel hacking and getting annual fee waived credit cards, like The Platinum Card® from American Express, the American Express® Gold Card, and the Chase Sapphire Reserve® Card in my Ultimate Military Credit Cards Course at militarymoneymanual.com/umc3. Learn how to get your annual fees waived on premium credit cards from American Express in the Ultimate Military Credit Cards Course at militarymoneymanual.com/umc3. The Platinum Card® from American Express and the American Express® Gold Card waive the annual fee for active duty military servicemembers, including Guard and Reserve on active orders over 30 days. The annual fees on all personal Amex cards are also waived for military spouses married to active duty troops.
    Show more Show less
adbl_web_global_use_to_activate_webcro768_stickypopup

What listeners say about Raising Money Smart Kids in Military Families with Daniel Kopp #164

Average customer ratings

Reviews - Please select the tabs below to change the source of reviews.