Mailbag: Financial advice for the recently retired, plus resources for teaching your kids about money.
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In this special Mailbag edition, Jean and Kathryn Tuggle, HerMoney CCO, are on the mic answering questions from our listeners. First, we hear from a recently retired listener who has all of her money in Certificate of Deposits (CDs) and is wondering what to do next. We also hear from someone who is looking for resources that can help teach her three kids about money. 

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Takeaways:

• A financial advisor can help you understand your current investments and make your money last in retirement 

• Work with a fee-only financial advisor who is not paid by commissions for selling specific investments

• Teaching kids about money involves teaching them about investing and managing the money they have.

• Setting up a system like an electronic allowance can help kids learn how to budget and make choices with their limited resources.

• Kids should learn the value of money, how to budget, and how to save

Chapters:

**00:00 **Introduction

**04:50 **The Benefits of Daily Money Managers

**06:52 **Financial Advisor Recommendations 

**09:17 **Teaching Kids About Personal Finances

12:08 Opportunities for Kids to Earn and Manage Money

**13:21 **Teaching Kids About Credit and Investing

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