How do I give my kids a leg up, but not two legs up on the couch?

In this episode, Jeff and Kate discuss:

• Being all-in for the Kingdom, even when in secular spaces.
• Creating positive investing and generosity experiences from a young age.
• Avoiding Sudden Wealth Syndrome.
• Believing in your children and giving them agency.
• Fostering healthy money communication.

Key Takeaways:

• God can work in all places - not just holy places.
• Our brains are literally not built to take in large amounts of money at one time or handle the overwhelm of options that comes along with it.
• You need to understand that God owns it all. Your investments are a work that you do to steward the Lord’s resources.
• There is blessing and struggle in empowerment. Deliver that to your children.
• Healthy family stewardship is built out of healthy communication.

"I really encourage families to think about giving their kids sums of money and not just controlled, restricted family foundation board seats or trust payments every year. For me, I've wrestled with it; I've been through hard things with it, but I have grown so much in having the stewardship agency that I do." — Kate Gardner

Episode References:

• UTMA & UGMA Accounts - https://www.nerdwallet.com/article/investing/utma-ugma
• The Gathering: https://www.thegathering.com/
• Gospel Patrons: https://www.gospelpatrons.org/

About Kate Gardner: Kate Gardner is next-generation philanthropist with a passion for holistic stewardship and community-building. Coming from a family business legacy, she focuses on ministry, investing, and helping other Next-Gens through a faith-based community called Magnify and running a podcast called Ascendants (with a book now as well!). She seeks to encourage other inheritors and business families to seek relational health, creativity, and purpose in the way they both wrestle with and embrace stewarding resources and "living a legacy.”

Connect with Kate Gardner:

Website: https://www.magnifygeneration.com/

LinkedIn: https://www.linkedin.com/in/gratefullykate/

Podcast: https://podcasts.apple.com/us/podcast/ascendants/id1600096737

Book: https://www.amazon.com/dp/B0DHC9ZDVY

Connect with Jeff Thomas:

Website: https://www.arkosglobal.com/

Podcast: https://www.generousbusinessowner.com/

Book: https://www.arkosglobal.com/trading-up

Email: jeff.thomas@arkosglobal.com

Twitter: https://twitter.com/ArkosGlobalAdv

Facebook: https://www.facebook.com/arkosglobal/

LinkedIn: https://www.linkedin.com/company/arkosglobaladvisors

Instagram: https://www.instagram.com/arkosglobaladvisors/

YouTube: https://www.youtube.com/channel/UCLUYpPwkHH7JrP6PrbHeBxw