Episode 144 – Teaching Your Family About Financial Literacy With Clifton Corbin

From being knee-deep in credit card debt to becoming a critically acclaimed author in the financial literacy space, Clifton Corbin has been through it all. In this incredibly insightful episode, we’re sitting down with Clifton to talk about the mistakes that led him to rack up credit card debt — and the transformative mindset that helped him clear his debts in no time! As a Registered Financial Consultant (RFC), our guest today is committed to mentoring clients to achieve financial success for themselves and, most importantly, their families.

As a father of two young children, Clifton is now a vocal advocate for teaching children about financial wisdom. With his interactive kids’ workbook and modernized version of “The Richest Man In Babylon,” Clifton is passionate about helping parents teach their kids the complex topic of personal finance. Tune in for an episode full of wisdom on practical insights on clearing debt, leveraging properties for extra income streams, and navigating personal finance in today’s modern world.

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Watch the episode here

Listen to the podcast here

Podcast Highlights:

[3:15] Clifton’s Introduction to Financial Independence

[5:25] On the Struggle of Paying off Debt in His 20s

[9:35] The Crucial Mindset Shift to Overcoming Debt

[16:44] What Comes First: Invest First Or Pay Off Loans?

[24:30] Navigating His First Real Deal

[30:55] How To Best Screen Tenants for Rental Units

[34:45] Talking To Your Kids About Financial Literacy

[39:53] The Two Kinds of Kids

[43:50] The Importance of Instilling Financial Literacy at a Young Age

[45:10] Clifton’s Best Piece of Advice

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Tagged financial independence, financial literacy, financial success, personal finance