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MoneyDad PodcastAuthor: Justin Chung
Are you a parent looking to raise money-smart kids so that you can give them the best shot at taking control of their financial future? The MoneyDad Podcast is dedicated to helping you do just that. Join Justin Chung, as he interviews like-minded parents, successful entrepreneurs, personal finance experts, best-selling authors and educators to share their stories, strategies, tactics and mindset secrets so that you can help your kids build a strong financial foundation and learn good money skills and habits. You'll learn mistakes to avoid, creative ways to explore financial literacy concepts, tips on how to have more money conversations and wealth building and management strategies so that you can teach your kids to win the money game. Hit subscribe to join the conversation and get ready to change your life, and your kids' lives! Language: en-ca Genres: Business, Investing, Kids & Family, Parenting Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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Discover Your Investor DNA: The Framework That Stops Kids From Making Your Money Mistakes | Russ Morgan
Thursday, 23 April, 2026
Send us Fan Mail#081. What if the best investment for your kid has nothing to do with what worked for you?In this episode, Justin sits down with Russ Morgan, co-founder of Wealth Without Wall Street and host of the Wealth Without Wall Street Podcast, to unpack one of the most overlooked concepts in building family wealth — Investor DNA.Russ grew up in a home where money was scarce, watched his mom freeze her credit cards in a block of ice to avoid spending, and stumbled into the financial advisory world just in time to have everything he thought he knew blown up by the 2008 financial crisis. That reset sent him on a mission to find a better path — one that doesn't require waiting 30 years to start living.In this conversation, Justin and Russ explore:Investor DNA — why every person, including your kids, is wired to invest in different ways, and how discovering that early can prevent decades of costly mistakesThe financial freedom formula — passive income greater than monthly expenses, and how to use that simple scoreboard to make smarter decisions with every dollarThe "just try" mindset — why imperfect action beats perfect paralysis, and why the best investors hit singles, not home runsReal-world passive income for kids — from vending machines to short-term rentals, how to get your kids building income streams before they even leave high schoolWhy passive doesn't mean hands-off — the front-end work that separates successful investors from disappointed onesThe family time you can't get back — why financial freedom isn't just a money goal, it's a parenting oneWhether you're just starting to think about building passive income or you're already on that path, this episode will give you a fresh framework for how to think about money — and how to pass the right lessons on to your kids before the wrong ones take hold.Resources mentioned: WealthwithoutWallStreet.com/moneydadShow notes and more at:https://moneydadpodcast.com/session081Support the show
