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Dan Sheeks – A Teenager's Guide to Achieving Financial Freedom
Episode 1393rd January 2022 • Secure Your Retirement • Secure Your Retirement
00:00:00 00:24:07

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Are you a teenager with the goal of achieving financial and time freedom before the retirement age? Or maybe you’d like for your teenager to consider following this path?

There are different paths that young people can learn about and adopt to build their financial future without following the traditional “9 to 5 then retire” path. Dan explains how teens can start getting involved with finances early to build a financially free future as is written in his book.

In this episode of the Secure Your Retirement podcast, we have Dan Sheeks, a high school teacher well-known in personal finance and author of First to a Million: A Teenager's Guide to Achieving Early Financial Independence. We cover how financial freedom can lead to time freedom that allows you to decide where you want to spend your time doing what you want.

In this episode, find out:

  • Why Dan wrote a book to help young people make better financial decisions and set themselves up for a bright financial future.
  • The F.I.R.E Movement (Financial Independence Retire Early) – how to be financially free before the retirement age.
  • The few things you can do as a parent to motivate your teenager to actively think about their financial future.
  • The value of adding your teen onto your existing credit cards as an authorized user to build their credit while you oversee their spending.
  • How 18 and over teens can grow their credit through responsible credit card use.
  • How the First to a Million book and workbook opens teenagers up to different life and financial paths as opposed to the traditional ones.
  • Dan’s online community connects teens to other financially like-minded young people.

Tweetable Quotes:

  • “You can’t make a young person want to learn about money and their financial future.”- Dan Sheeks
  • “As parents, we should be adding our teenagers onto our existing credit cards as an authorized user.”-Dan Sheeks
  • “There’s no loophole or shortcut to building the length of credit history- that just takes time.”- Dan Sheeks

Get the Book or Join the Community:

Resources:

If you are in or nearing retirement and you want to gain clarity on what questions you should be asking, learn what the biggest retirement myths are, and identify what you can do to achieve peace of mind for your retirement, get started today by requesting our complimentary video course, Four Steps to Secure Your Retirement!

To access the course, simply visit POMWealth.net/podcast.

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