According to Bobbi Rebell, a 'Financial Grownup' is someone who embraces their life as an adult and can handle both financial opportunities and challenges. This concept is not only about managing money but also about taking responsibility for one's life. It's an ongoing learning process that starts from childhood and continues into adulthood.
Raising Financial Grownups is crucial for both the child's future and the parents. Parents play a significant role in shaping their children's financial habits and attitudes. If a child grows up to be financially irresponsible, it's typically the parents who bear the consequences.
At Daffy, we understand the importance of financial education from an early age. That's why we hosted a Twitter interview between Bobbi Rebell, a Certified Financial Planner professional and author of Launching Financial Grownups, and Adam Nash, Daffy co-founder and CEO. They discussed the importance of talking to kids about money and empowering them to become responsible adults.
Daffy, as a Donor Advised Fund (DAF), is an excellent tool for teaching financial responsibility. It allows individuals to make charitable contributions, receive an immediate tax deduction, and then recommend grants from the fund over time. It's a great way to involve children in philanthropy and teach them about money management, making Daffy a perfect choice for those looking to raise Financial Grownups.
To learn more about how Daffy can help you and your family become Financial Grownups, visit our website or get in touch with our team.
Please note that the information contained on this page is for educational purposes only and should not be considered tax advice. Any calculations are intended to be illustrative and do not reflect all of the potential complexities of individual tax returns. To assess your specific tax situation, please consult with a tax professional.