7 Steps to Financial Freedom for Kids and Celebrating Money Awareness with Michael Gilmore

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#031.  Today’s guest is Michael Gilmore.  Michael is the Founder of the Money Awareness and Inclusion Awards, which celebrate the important work being done around the world to help people understand money better.  He is also an author, having authored three books under the pen name “The Seven Dollar Millionnaire”, with his latest book titled “The Little Book of Zen Money”.  $7 dollars is the smallest amount of money you can save and invest each day to become a millionaire in your lifetime. He discusses his origin story of when he started working in financial literacy and how he used that anger to fuel his passion.  He dives into what motivated him to write his first book for his 17-year old daughter as she was getting ready to go away for school.  He reviews the financial freedom formula that provides the 7 simple steps kids can follow to achieve financial freedom.  

We get into how understanding money is like a pathway and that once you are on the path, it is pretty straightforward.  And how money can be very simple to learn and that we don’t need to overcomplicate things.  We discuss what inspired Michael to write his latest book “The Little Book of Zen Money”, and how being Zen with money is not about avoidance; rather, it is about seeing reality directly and facing it head on.

We discuss the importance of tracking your spending.  And finally, why it is important to create more awareness of financial literacy projects around the world and celebrate them through the MAIAs.

Show notes and more at:

https://moneydadpodcast.com/session031

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