Episode 014: Making the Big Bucks at Age 10

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This week on the podcast, I had the pleasure to interview one of America’s future millionaires – a 10-year-old entrepreneur named Caleb.

With a little help from Dad, Caleb started learning key financial principles about life at age 4 and now has a better understanding than some of the 30 years olds I meet on how money actually works.

After 6 years of running his gumball machine business, Caleb has written a book to teach other kids his age how money works. Money doesn’t come from Dad’s wallet, money doesn’t come from a credit card, but rather money comes from doing work. Period.

What do you want your kids to know about money? Who is going to teach them the things you wish someone would have shown you when you were only 10-years-old?

Let me help you with that….the answer is YOU.

And, now there is a tool to help you get started. Caleb is selling his book on Kickstarter and needs help getting to his goal of $2,500 so these books can get into the hands of children all over the world. It’s written by a child, for a child, and therefore will make sense to your child.

You can learn more about Caleb and his book here: Caleb’s Gumball Machine

 

The first step to solving your problems with money is to take back control of your money. This always starts with the Budget.

Download the Budget

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I’ll see you inside this week’s episode!

It’s time to take action,

-Chris Peach

 

Mentioned in this Episode

https://www.calebsgumballmachine.com

https://www.moneypeach.com/webinar

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Chris Petrie

Chris (Peach) Petrie is a personal finance expert, money coach, speaker and podcaster.

In 2011, Chris and his family were exhausted from living paycheck-to-paycheck and facing a mountain of debt. They started going against the society standards of misbehaving with money and made the decision to take back control of their lives and money. Within seven months they paid off $52,000, started saving like crazy and began building real wealth.

The word spread fast and Chris started showing friends how to create a budget over dinner. Soon after he started showing their friends how to do the same and eventually Chris started teaching personal finance classes around the community. As the need for the classes grew, Chris launched Money Peach in 2015.

Money Peach was created to help everyday people remove the stress and fear of money by showing them how to save more, make more, and keep more of their money.

Chris Peach has been featured in places like Business Insider, The Huffington Post, Elite Daily, and CheddarTV.

When Chris isn’t at “work” he can be found at the Crossfit gym or riding on the fire truck — Chris is also a full-time firefighter in Phoenix, Arizona.

One Comment

  • Thank you Chris for the post and the interview. I’ve been wondering what should I do to teach my 4 years old son about money.

    Reply

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