In this episode, we dive into the world of financial literacy, entrepreneurship, and raising financially savvy children with Jessica Velazquez. Jessica is a CPA and the founder of Indiva Advisors, and her passion for helping others achieve financial success shines throughout the conversation.
1. The Importance of Financial Literacy:
Jessica underscores the necessity of teaching financial literacy from a young age. She believes that concepts like buying a house, understanding loans, credit scores, and 401(k)s should be part of everyone's education, regardless of their career path.
2. Mindset Matters:
The role of mindset in financial success is explored. Jessica explains how changing one's perspective on money is vital, especially when transitioning from traditional employment to entrepreneurship.
3. Teaching Children About Money:
Jessica shares her experiences teaching her daughters about money. She starts with explaining how money is earned and gradually introduces concepts like credit cards and personal budget management. Her approach empowers her children to become financially responsible.
4. Entrepreneurship Essentials:
As a CPA who works with startups, Jessica discusses the significance of financial literacy for first-time entrepreneurs. Cash flow management, expense control, and understanding financial statements are crucial skills for anyone venturing into business.
Jessica's driving force is her love for her work and the fulfillment she derives from helping her clients. Their successes are her successes, and she finds her purpose in guiding them on their financial journeys.
About Our Guest Jessica Velazquez
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