It’s no secret that financial literacy is something that *isn’t* taught in school.

In this episode, Austyn welcomes Rick Gallacher, CFP®, CPA/PFS back onto the podcast to talk about five key financial principles that your kids should know. From interest to taxes, Austyn and Rick use real examples so you can teach your kids everything they need to know about money.

Austyn and Rick discuss:

• Albert Einstein’s Eighth Wonder of the World.
  
• How taxes can affect your investments.
  
• The difference between investing and gambling.
  
• A dollar today is worth less than a dollar tomorrow.
  
• And more!
  

Connect with Austyn Whittenburg:

• (801) 839-7056
  
• austyn@whittenburgwealth.com
  
• Schedule A Meeting With Austyn
  
• LinkedIn: Austyn Whittenburg 
  
• Whittenburg Wealth Partners
  
• Twitter: Whittenburg Wealth
  

Connect with Rick Gallacher:

• LinkedIn: Rick Gallacher
  
• rick@whittenburgwealth.com
  

About our guest:

Rick has experience in the areas of financial modeling, asset allocation, investment selection, estate planning, personal risk management, holistic situation auditing, and personal financial reporting. As a licensed CPA, he has proficiency in understanding and applying analysis to the overall economy, capital markets, corporate fundamentals, personal taxation, and essential business law.

Rick is a highly organized, analytical, and detail-oriented individual. Through professional and personal experience, he has learned that complete and accurate data is important to make appropriate decisions. He follows this concept: theorizing before one has data inevitably causes one to twist facts to suit theories instead of theories to suit facts.

Rick, his wife Kate, and their daughters Remi and Addi live in Sandy, Utah, and love to travel. They have jokingly been told that their residence is more of a vacation home because it seems they are rarely there. Between them, Rick and Kate have traveled to 36 countries. Rick enjoys golfing, skiing, soccer, jet skiing, and being in the mountains. He’s been skydiving three times and has not broken a bone! Any time spent with family is time well spent for him.