WorthPointe advisors John Chapman and Matt Addington — both fathers of three — talk about the need to educate children about money in a new video. The discussion was spurred by a recent Twitter post from Kyng Kyren, Can’t Be No Sucka Wit Ya Money, which shows him talking with his young daughter about things like assets and liabilities.
Acknowledging the importance of setting a good example, since children are watching, John and Matt recommend finding simple teachable moments early, and gradually working toward more complex concepts, like compound interest. Other topics they discuss include allowance versus commission, creating simple budgets to introduce the concepts of giving and saving, and starting with the end in mind — preparing kids for being savvy with money as adults. Watch here.
John Chapman CFP®, CKA® understands wealth management is as much about the relationships as it is about the numbers. Strategy, experience and knowledge allow him to create the financial solutions to catapult his clients toward their goals. With WorthPointe’s sophisticated technology at his fingertips, John loves helping families and businesses organize their finances and secure peace of mind surrounding their wealth.
He prioritizes his clients’ values and takes the time to listen to their unique stories. Together, they articulate a clear vision and map out a financial plan to support it. Innately fascinated by the financial markets and global economies, John has a healthy obsession for tracking market trends and formulating projections to better inform his clients about the future ahead. Proud of his CERTIFIED FINANCIAL PLANNER™ certification, John holds himself and his practice to the highest ethical standards and client commitment.
Matt Addington, CFP® serves as both Partner and Financial Planner at WorthPointe Fort Worth, Texas. Having earned his degree in business administration at Tarleton State University, Matt has since built a professional reputation on long-term investment strategy and on-deck customer service. Matt is a CERTIFIED FINANCIAL PLANNER™. Learn more and/or Contact Matt.
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