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‘I’ll teach her how to use money as a tool’: a podcaster’s plan to make her daughter a millionaire

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Finance podcaster Jannese Torres plans to teach her daughter about money management, emphasising that even small savings can lead to future financial stability. Torres, who retired at 40, shares her financial advice, noting that she grew up observing men in her family handle major financial decisions. She highlights the importance of financial literacy, contrasting it with her parents' experience with credit card debt and bankruptcy.

Finance podcaster Jannese Torres says even finding an extra $50 to $100 a month can put kids on a path to future financial stability

Growing up, Jannese Torres only saw the men in her family making financial decisions.

“The women managed the day-to-day budget and made sure all the bills got paid, but the men were the ones who had the ‘grown-up’ conversations,” she said. Financial products were something to be feared – her parents had gone into credit card in their 20s, forcing them to file for bankruptcy.

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Originally published by The Guardian UK Read original →