Jason Feifer

Net worth is your baseline for cash inflows and outflows. And even to go back to that earnings conversation, the amount of people I know that have less earnings than their partner but have more wealth is significant. Earnings is just one small part of the equation to building your overall net worth. And so that's why another reason to just immediately judge it is it's just it all.

There's nothing intuitive about it.

There's nothing intuitive about it.

There's nothing intuitive about it.

I think that Nick's kid is going to be set up quite well for financial success. Nick has had a ton of success. So any advice I'd give to anyone that has a newborn is, you know, before that newborn even comes to this beautiful earth, have a 529 set up.

I think that Nick's kid is going to be set up quite well for financial success. Nick has had a ton of success. So any advice I'd give to anyone that has a newborn is, you know, before that newborn even comes to this beautiful earth, have a 529 set up.

I think that Nick's kid is going to be set up quite well for financial success. Nick has had a ton of success. So any advice I'd give to anyone that has a newborn is, you know, before that newborn even comes to this beautiful earth, have a 529 set up.

All the birthdays, all the religious celebrations, all the graduations and everything in between, friends can contribute to a 529, but you have to have that account set up. And it is the best way to contribute to a child's future. And as we know, time, I'm sure all your listeners are well aware of the impact of time on growth and making money on your money.

All the birthdays, all the religious celebrations, all the graduations and everything in between, friends can contribute to a 529, but you have to have that account set up. And it is the best way to contribute to a child's future. And as we know, time, I'm sure all your listeners are well aware of the impact of time on growth and making money on your money.

All the birthdays, all the religious celebrations, all the graduations and everything in between, friends can contribute to a 529, but you have to have that account set up. And it is the best way to contribute to a child's future. And as we know, time, I'm sure all your listeners are well aware of the impact of time on growth and making money on your money.

And so making sure that you are putting money in a place where you have All your tax incentivization set up with time moving in your child's direction is huge.

And so making sure that you are putting money in a place where you have All your tax incentivization set up with time moving in your child's direction is huge.

And so making sure that you are putting money in a place where you have All your tax incentivization set up with time moving in your child's direction is huge.

And so make sure you're consulting with the CPA, make sure you're working with an investment specialist or doing your own due diligence before you decide the investment selections in these 529 plans or wherever it is that you are saving for your child's future. But it's like anything, just like retirement, the earlier you start, the better you'll be off.

And so make sure you're consulting with the CPA, make sure you're working with an investment specialist or doing your own due diligence before you decide the investment selections in these 529 plans or wherever it is that you are saving for your child's future. But it's like anything, just like retirement, the earlier you start, the better you'll be off.

And so make sure you're consulting with the CPA, make sure you're working with an investment specialist or doing your own due diligence before you decide the investment selections in these 529 plans or wherever it is that you are saving for your child's future. But it's like anything, just like retirement, the earlier you start, the better you'll be off.

Correct.

Correct.

Correct.

Yeah, I mean, this is very prevalent with Gen Z's too, right? We're seeing right now that the credit card debt that is being amassed by Gen Z's is higher than any generation before. Obviously, inflation playing an impact on that. And I think that the problem is like, everyone knows it.