Markowitz emphasizes the importance of patience and starting early in building a secure financial future, sharing his strategy of “living on three quarters and saving one.” He highlights the importance of building credit from a young age, explaining how his own experience as a 14-year-old with a parent-monitored credit card helped him build an 800+ credit score by his early 20s.
For parents teaching their teens about managing money, Markowitz highlights the value of turning financial mistakes into teachable moments and using simple tools like Investopedia to build financial literacy. This episode is packed with valuable lessons on saving, investing, and building lifelong financial independence.
[Video: 15:05]
Comments are closed.
|
