From Piggy Banks To Stocks: Financial Education For Children With Maya Corbic

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This is the no Closer show where you get the latest developments in distressed note investing and learn the secrets of how you can control millions of dollars worth of property for panties on the dollar. Get educated and entertained by someone who has closed thousands of deals and lives to support you in achieving the same. Now here's your host CEO of We Close Nodes, Scott Carson.

Good morning, good afternoon and good evening everybody. Welcome this episode of the Note Clothes Show. As always, Scott Clarkson. Excited to have you on today and we've got a very special guest and you guys heard one of the previous episodes where we went to the New Orleans and hung out at fincon. Had a great time. Well this guest is one of those fincon experts that I had a chance to meet and do a little research on and I know you're gonna love what she shares on today's episode. I know a huge part of our audience has young ones. I don't have any kids that I know of anyway, but there's so many out there that have children that are looking to educate them and teach them about financial concepts and things like that and are our expert today has a huge passion for helping people teach kids about financial education. Comments and she is the author of a new book that's coming out. We'll share that in a second. But we are honored to have all the way from Canada, Ms. Maya Corbeck join us here. She has got an interesting beginning and you'll understand why she has such a passion for helping people in their finances, stuff like that. So good morning Maya. How are you doing today?

Good morning. I'm doing well. Thank you so much for having me on your show.

Hey, glad to have you here. We had such a great conversation at fincon and it's just a great event like we were talking before we got started here. It's just, it's so great to be around like minded individuals that have a passion for helping people succeed, right?

Oh yes. I get really excited and just inspired every time I go to fincons and as you said like meet people like minded people like myself and I come out of there with so many great ideas and it's just lots of new friends and I met you for the first time and I'm really glad we connected. So yeah, thank you for having me on your show. Show.

No problem. Now you, you, you're a cpa, I mean you first generation immigrant as well and you've got definitely a, a wealth of experience in overcoming financial challenges. Do you want to share a little bit with that audience and Help people understand why you've got such a. A passion.

Yeah, absolutely. It sure. So I am a first generation immigrant from war torn Bosnia. I immigrated when I was 15 with my parents and my brother and we lost everything in the war. We immigrated with two suitcases and $50. We lived in government shelters, government housing. And when I was a teenager I had two part time jobs just to support myself, buy myself school supplies, bus tickets and so on. And obviously I was very familiar with hustling and trying to make ends meet. And that prompted me to push further, get good education. I ended up getting my CPA designation. And when I worked as a cpa I actually met some clients who were making six figure incomes and they were actually struggling with money. And I couldn't understand that coming from such a poor background and making ends meet on with very little money, I couldn't understand how these people could not do so and also how they were so stressed about money. So I was actually 32 years old at that time and also my husband and I ended up paying off our mortgage and our $60,000 debt which was mostly school loans and car loans and whatnot. And my kids were about 6 and 4 years old at that time. And I started thinking about these clients of mine and I started thinking about my kids and I thought, how can these people end up being so irresponsible with their money? And I realized the issue actually stems in childhood. And I realized that nobody ever taught them about money. They didn't learn it at school, they didn't learn it from their parents. So I wanted to find out, okay, what are my kids going to learn in school? And I started looking at the curriculum and I realized that they weren't going to learn much. So that's kind of how I started teaching them. Pretty soon after that, and this was some 11, almost 12 years ago, pretty soon after that, their parents started reaching out to me, I started teaching in schools. Then Covid happened, I couldn't really go to schools anymore. So I started having more of this online social media presence which has helped me reach people from all over the globe and help them teach kids about money. And now like I've met people like Scott and other influencers who are also teaching financial literacy not just to kids, but to adults. And so it's been a really great journey so far.

Yeah, I imagine so. Definitely rewarding. What did your kids think about the book when you were writing it for them and then going back to them? I mean, I'm sure you probably took time to educate them Obviously in concept before the book was written. But what was the feedback from your kids?

Oh, so the book was actually really interesting process because I actually started writing the book only after I launched my Wealthy Kids Investment Club. And so Wealthy Kids Investment Club is a membership program that teaches families, not just kids, how to invest or basics of investing. And so my kids were going through that program and I realized that I really needed something to consolidate all this because the program was mostly videos and it was some quizzes and worksheets. But I wanted something that would have all the information in there and that was the book. So I had my children go through the book as I was writing it, but I also had other families going through the book and these were like my, I call them tester families. Most of them were teachers, teacher parents, some of them were homeschool parents. And I got some really interesting feedback, not just from my kids, but also from these families. One of the feedback was that some of the kids started going through the book and they were really like really freaked out about what inflation rate does to our money, how it actually decreases the purchasing power, and they were eager to start investing. Another feedback that I got was actually from parents themselves because they were actually thanking me for writing this book because they said that they finally understood investing, that they were not intimidated by the world of investing, you know, and before that they were. So the book is written in such a way, it is for kids, but it's really kind of like dummy series for investing. Like it can be read by anybody and it's written in a language that a 10 year old can understand.

Well, I'm glad you brought that up because as an ex banker and financial advisor and stuff like that, and now being out of that aspect of it, but having a history, I look back and see how the finance industry really likes to keep things on the download and confusing. I mean they could talk in layman's terms, but I'll give you a great example. I'm sitting as a banker and I've got a client coming in who's maybe got a fifth degree, fifth grade education, but she came into some money and she's wanting to invest in. The financial advisor comes over and starts spouting off these and she just looks like lost. She's like, what does this all mean? I'm like, nevermind, I kicked the investor, you know, the advisor out of the office, like get the hell out. Don't bring that in there. My client again, stuff like that. But that is unfortunate if you're not around it if you're not taught a lot of these concepts as kids from your parents, we end up taking in the same and making the same mistakes that our parents because we don't know what we don't know. And it's important. That's what I love so much about it is yes, this 10 year old can understand it, but that's, it's. These concepts are not difficult if you just understand them and take the time to learn them.

Right, right. And Peter lynch said, I mean, he's one of the most famous investors and he said that as long as you've completed grade four math that you should be capable of understanding how investing works. You mentioned math and you mentioned some of these like investment jargon and people just shut down right away. Like, it's like they're just like, I'm not even going to go there. I'm not even going to try understanding this. And it's like, it's simple stuff. And my goal really with this book was to show people how simple this really is, that anyone can understand this. This is like 101 investing. Like you get it, you can get it. You can actually change your generational wealth trajectory by educating yourself a little bit about investing, by investing on behalf of yourself and your kids.

Now, let's probably have too many to count on toes and fingers, but what has been some of the biggest aha. Or surprises that you got from having the investment club and then the book? Anything stand out from people or teachers besides the fact, oh, I can understand it because I can read it. But anything else that popped out or any like success stories of people getting started or getting involved with kids, I.

Mean, I don't even know why this pops up. There are people out there that are completely not interested in money at all. I mean, we all need money to survive. But this particular story pops up because these parents, very well educated parents, very smart, they're actually financially doing okay. But they had a child, he was not interested in money at all, a teenager. And they just didn't know how to talk to him about money. Not to mention that he's not interested in investing. He was not interested in learning about money at all. It was just like almost like a topic that he didn't want to talk about. So we tried to figure out, okay, how can we get this kid engaged? And I said, okay, well what is he interested in? Like, what does he like? And he was part of a band. He loved playing in the band. He loved singing, creating songs and whatnot. So, okay, I was like, this Is great. So we know what he's interested in. Is there something else that he really wants badly or that he's interested in? And he wanted an electric guitar.

There you go.

Bingo. There we go. Now this is. We're gonna tie in the money lessons to something that he wants. So what we started doing is we started, the parents would actually give him a bit of an allowance and he was responsible for managing that allowance. But part of it was to like save towards this electric guitar. And we eventually ended up saving some of that money into like term deposits because he wanted to actually get it pretty in a short term. But anyways, we were like tying in lessons from saving the money, investing it, shopping for the best quality, the least expensive guitar possible. So yeah, those were some of the lessons that we created around this.

Well, that's important. I mean, it's a different time now for young kids than it was when we were young, you know what I mean? But my parents taught me that, well, hey, we'll give you a little bit of lines. We're not going to go buy you a gaming system. We're not going to go buy all this stuff. If you want something you got to work for, you got to save it and learn those concepts beginning. So that was one of the most valuable things that I was taught. And it's good if you can identify with kids something that they're passionate about. It makes things a whole lot easier versus just getting them book learning or anything like that without any type of passion or enjoyment behind it. Correct?

Absolutely. And these real life experiences are so important when it comes to kids. I mean, you really don't need to make up any sort of special learning experiences, worksheets or anything like that. It's just like, okay, what is happening in our life right now? Am I negotiating a cell phone bill? Okay, perfect. My kids should be within the earshot or like they should be listening to how I'm negotiating this cell phone bill or the cell phone plan. Am I getting an insurance for my car? Okay, let's just talk to my kid. Why do I need an insurance? And how can I ensure that I'm getting not too much, but just enough insurance? Am I reviewing my premiums? How am I doing that? What does like those kind of things, right? It's just taking whatever's happening in our life and just discussing with our kids.

What would say are the biggest mistakes that you see people making besides the not learning about stuff, but some common things that are missed that people make mistakes when they're getting started learning about.

Investing, I think there's one big problem which is that everybody wants to get rich quickly. I mean, we all do, but I don't think it's doable. I mean it can happen once in a blue moon. But majority of the people that invest in these like get rich quick schemes. They end up losing their money. And that's why people are so scared of investing. They think of it as gambling, but investing is not gambling. Those are two different things. And there are three different types of investing. You have day traders, you have short term investors, and then you have long term investors. Majority of us, especially younger people are long term investors. We are investing for long term because, you know, we want to invest for our retirement or in case of like if you're investing on behalf of your kids, you're investing maybe when they're younger for their university or college education or maybe to get their first home. So you are investing for a period that's longer than 10 years. And that type of investing looks very different from this. Like day trading. Day traders, they don't keep stocks for longer than 24 hours. They're there to like make a quick profit and then get out. But they also can lose a lot of money. I had a friend who in university who was a day trader and I remember, I think in one day he made $30,000 but also one time he ended up losing $50,000 and some of it was his parents money. And that's why people are so afraid of investing, because they think of it as gambling.

Yeah, they don't understand the fact of that long term average. One of the most insightful concepts I was taught earlier on as a young adult was the power of the Rule 72, you know what I mean? And learning how to daily compounding and saving and then even splitting up your investment. So you're putting something away in the long term bank, as I like to say, versus being so impatient to gobble up. And there's things you can go without for better things in the long run, you know what I mean?

Right. And I think it's really important. I mean, I know delayed gratification is an issue for most of us. It's hard. I find it hard myself and it's definitely hard for kids. And sometimes, you know, I even get comments on my Instagram, people will say oh like I'll do this post. And most people are like loving it. They're just like, oh this is great and inspires me to invest for my kids. And some people are like, well you want me to start investing what, like $10 a week now for my kid for 18 years, leave that money in the bank account and then my kid can be millionaire at 65. Like, who's going to wait until 65? Like, but then I'm like, well, what's the alternative? I mean, not investing. They won't be a millionaire. So there are things that we can do and people just don't, are not interested in those things because the payout is so much far in the, like far in the future and they're not willing to wait for it. But I usually tell people if you're not willing to wait for it, then I think it's also good to have some short term plans, not just long term plans. Right. So something where you can achieve these goals and in the next month or so where you feel this sense of accomplishment and then it just gives you that drive that you can continue saving for these long term goals because you have accomplished these short term goals.

Yeah, that's so important is you got to mix it up. I think everybody gets, oh, you got to save, save, save, save. And that's great. And I always make to say, well, Jesus saves. Everybody else has to invest. Yeah, but that's the thing is a little bit over time grows. And if you understand that whole bell curve that goes along with it, you just got to see things in 10 bucks or 20 bucks a week is. It may not seem like a lot, but it does add up over time. And you can get your kids started off at an early age understanding that then they, it changes their whole outlook on what they're doing through college and what they're growing as young adults. And spending habits are so much better. Debt habits are even better too for them in the long run when they do decide to take on debt, whether through college loans or car loans or a mortgage payment. You know what I mean?

Yeah, absolutely.

But I think you did say something. I think so many people are discouraged. We see that right now, especially in the real estate side of things. We can talk a little bit more of an adult side of things. Saving for a house or I'll never be able to afford a house. I was in an Uber yesterday and the guy was from San Diego and he goes, I moved here from San Diego and San Diego is the most expensive. The only way you can own a house out there is if your parents leave you one. And I was like, well, maybe, but I think if you started early and this is the guy that's driving a brand new Tesla and I'm like, you know How'd you pay for that? Oh, I gotta finance. I'm like, okay, have you thought about saving? Cause there are great programs for some down payment. And yes, interest rates might seem a little higher now. And I laugh as a, as a previous mortgage broker rates right now, or they were back in 2004 and five, it's not that big a difference. Yes, houses are more expensive, but you also should be developing, your income should grow if you keep doing the right thing and stuff like that. So as we come into the beginning of the year, people always have New Year's resolutions, right? I want to save more. I want to start saving for retirement, my kids education. What's probably the one, two or three things that people could start doing today make their New Year's resolutions actually come to fruition versus just being something they write down or think about.

Yeah. So I mean definitely figuring out how much can they put aside. I remember the days when I literally had nothing. But you know, looking back, I could have put away $10 a week or $20 per week even back then. And that money, it may not seem like it's a lot, but over a long period of time with the compound interest, it can actually amount to significant amounts of money. That's one thing. The second thing is, and I know people are really busy, but it's figuring out how to make more money. We can only cut down our expenses so much. I mean, we have to live, right? So the second thing is like, okay, how can I make more money? Is it going back to, not necessarily to school, but acquiring new skills? Is there a side hustle that they can do? There's so many different side hustles. If I have a home, can I rent out my basement? Can I rent out my garage? There are so many ways to make income and the Internet is full of suggestions, lots of blogs about it. So I think like finding different sources of income is definitely helpful. And then what you want to do with it, do you want to maybe save and invest half and then spend the other half? Because, you know, just to reward yourself, that's fine. But yeah, those would be like the two main things I think that I would find helpful. I think if I was kind of just starting.

Now we're friends with the folks that are the flea market flippers that they call themselves. They were actually at fincon, I mean last year there and they've got all four of their kids, three or four of the kids that are doing that side hustle aspect of anywhere from like flipping baseball cards online that they find or one of their friends is flipping plants, buying plants at like Walmart and the grocery stores and then flipping it online through ebay, making money or going through all these things. I mean, that's such a, it's such a flip economy in so many different ways. Like you said something like renting out your garage. That's actually an up and coming side hustle. That's like the new Airbnb of doing that, you know. And then if you're in expensive areas of the country. Yeah, renting out a room or renting out a couch, surfing, whatever you're comfortable with doing, obviously can be big, but also can add some significant income on a regular basis if you do it.

Yeah, my mom, she lives in downtown Toronto and it's really expensive. She has a condo there. She doesn't have a car, but she rents out her parking spot, which is like in the prime area. And she also rents out her storage space. She's alone in her condo. She has enough room for herself. So yeah, she rents out her storage space and that's just additional income for her.

Yeah, it definitely is. There's a starting off like savings accounts here in the United States we have like educational savings accounts that people can put away two grand a year towards. Or you have HSAs, health savings accounts too that you can also here in the United States can do, turn these into self directed IRA accounts or self directed HSA where you actually can put money aside and abuse that money to invest in small amounts. In a lot of cases too. I think a lot of people get bogged down that they need to have a lot of money to invest in our nature real estate. But there's a lot of people that are getting started with small amounts. They just don't know are the side hustles that they can do with minimal to no savings in a lot of cases.

Right.

When you look at investing in stocks and the Wall street, what are some of your favorite investment strategies for some young kids? If people get started out there, what should they look at?

So I only learned about this in my 30s and I wish I learned about it earlier. I absolutely love investing into index funds and ETFs. Those are my favorite investment vehicles. Simply because you're not only investing in one stock, you're investing in a whole array of stocks. So it's your portfolio is diversified. Especially if you buy different ETFs or index funds, though fees are very low. So if you're doing it and on your own, you can save a lot of money. Nothing against investment advisors they're great. There are some really great ones out there, some not so great. So you really have to be careful who you hire. But yeah, ETFs and index funds are absolutely my favorite.

Yeah, definitely low fees and the accessibility to folks with different types of months is definitely a great resource for it.

And it's like when you're investing, literally, let's say, for example, I'll take ETFs as an example and with one share of ETF you are investing in like several different stocks. So I'm just going to use like VO ETF as an example that follows S&P 500. So essentially 500 largest US companies. When you buy one share of Voo, you are investing automatically in 500 largest US companies such as Microsoft, Amazon, Google and so on. I mean, imagine like trying to buy each of these stocks, stocks on its own. It would, it's hard. This makes it so much easier.

Right. And for those that don't know ETF stands for exchange traded fund. It's literally you're buying what they call like a basket of investments in one, in one purchase. Correct.

Right.

Let's talk a little bit. I know this is a kind of a controversial subject for a lot of folks out there if somebody's looking to get started investing. And I always would joke about this, should you folks that are like, I'm gonna get started, I need to save for my retirement or I need to save for my kids education first. What's your opinion on they should focus on first and foremost?

I am of the opinion that they need to take care of themselves first. It's kind of like the airplane, you need to put on your own oxygen mask first before you can help others. So I do believe that they need to take care of their own retirement because you don't want to be a burden for your child later on. Your kids will be fine. If they have to take student loans, they have to take student loans. They are going to be the ones paying them off. They might even be more responsible in terms of paying them off and studying hard because they, they will realize that I have these student loans. I better sit down and study and make sure that I do well and get my diploma or whatever it is. And it's really interesting and I guess maybe I speak a little bit from experience because I remember when I was in university in my first year, I met two ladies, they were really good friends at the time and both of them, their parents ended up paying for their school. One of them in particular, her parents were divorced and so she said that her dad was responsible for her university education and buying books and whatnot. And I remember in the first year of university we had, we could take one elective course. And my elective was astronomy because I heard that it was easy. And it was not easy, but it was really interesting because our professor told us, you don't need a book as long as you come to class and you take notes. However, if you want the book, there are three different books that you can choose from. So pick, pick one, whichever one you want to buy. Well, my friend ended up buying all three books. Why? Because she said her dad was paying for them. I didn't buy any of them because I was paying for stuff. I was paying for my own university education and I had to take student loans. So I think like your kids are going to be fine, they will figure it out. But yeah, I think we need to take care of ourselves first.

Well, and I think I was much a better student and showed up to class when it was my money or my debt on the line versus somebody else writing a blank check in a lot of cases. And I agree, I've got friends that same thing. Kids, parents paid for the university, they basically flunked outta school almost. Versus the kid that had to go to school, who had to work side jobs, sign up for grants, stuff like that. Much serious and better. I don't wanna say well rounded, but in a lot of cases is a much better student and scored a whole lot better grades in a lot of cases. Do much better now too in a lot of cases. Let's talk a little about that. The empowerment or enabling in some cases that a lot of parents do with kids. What's your thought about getting kids to do jobs and chores and making sure that they're earning their own money at an earlier age versus just being given everything.

Are we talking about allowance here?

We could talk about allowance or. Yeah, exactly, in a lot of cases.

Oh, okay, okay. So if we're talking about allowance, it's actually really interesting because parents are very divided on this issue of allowance and whether or not kids should be paid for chores. But over the past 11 years, as I've been teaching parents how to help kids with money, I've actually come to realize there are actually four different allowance methods that parents can choose from. And when parents think of allowance, I always tell them to think of it as a tool. It's a teaching tool that teaches kids how to manage money. It's not a gift. Usually we think like if somebody gives us money, it's a gift. Well, allowance is a teaching tool. And it really what allowance does is that it helps our kids make mistakes when dollar values are low and stakes are very high. So in terms of the four allowance methods that are out there, the first one is giving allowance for chores and parents. Again, there is. I actually want to stress this before I even go into different allowance methods. There is no right or wrong allowance way for your child or to to do this with your child. It really depends on your family values. So you need to pick what works best for you. So parents who support the chores allowance method, they believe that they want to teach their kids that money doesn't grow on trees. You have to work hard for your money. If you don't do the work, you don't get paid. Right. So parents who believe in allowance that is not tied to chores, they believe that these kids should still do the chores out of the duty as a family member because nobody will pay them to make their bed or set their table for dinner when they're adults. But they give allowance regularly, let's say bi weekly and just to make sure that the child learns how to manage it. But if the child doesn't do the chores, they take away other things like play dates or screen time and so on. There's a third allowance method which is the combination of the first two. And what happens in this case. These parents actually give some money to their kids regularly because they want their kids to learn how to manage money. But the kids also have opportunities to earn money doing chores or things that the parents would pay somebody else to do. So it would be like things like washing the car or shredding the paper and so on. And then the last allowance method is not giving allowance at all. Some people really do not believe in that. But for these parents, I encourage them to at least provide kids with some opportunities to manage money, like having the child involved with their birthday budget or back to school shopping. Because that way they are responsible for how much money is being spent. Can we find better deals and so on?

Yeah, well, I think kids often sometimes realize that I need shoes or jeans. I'm going to make sure I'm going to go with the brand that I can afford, not the huge, like I don't need pair of Air Jordans every six months and it cost me a couple hundred bucks, you know.

Right.

Not necessarily the worst thing. The off brand, it works just as well in a lot of cases. Yes, that's the thing. That's four different ways when it comes to that. I knew A couple of them, but you were right there. There's some crossover between several of those. I was very lucky enough that my parents, like, gave me a little bit of money for lunch. In a lot of cases, it's stuff, but, like, hey, you need the opportunity to go work on some stuff and. Or here's opportunity for you to go make some money on the side. Whether it's pulling weeds or mowing the lawn or going over to the little old lady's house and helping her clean stuff up, too, in a lot of cases, it's a different ball game there for a lot of folks these days. But any surprises from adults that have gone through the book or the classes with any, like, success stories? People like, hey, we started doing this where we paid this down, or any case.

Yeah. So a lot of people started investing for the first time. They actually don't feel intimidated by it anymore. The hardest thing was really doing the work. A lot of them were excited. Like, they learn it and they're like, okay, I'm ready. And then it's like, wait. Especially in my membership club, I do have one lesson where it just kind of talks about how to pick a brokerage. So there are so many brokers out there. And I know people usually tell me. They're like, can you just tell me what to invest in and who to invest in? I'm like, I can't do that. First of all, not licensed. And even if I was, everybody's very different. So there are steps, and I lead them through these steps, like to figure out what is their risk assessment, what are their goals. But making that first step and opening up that brokerage account, and a lot of them, it's that analysis paralysis. It's kind of like, oh, my goodness, like, I don't know who to open up an account with. And I usually tell people, okay, stop, take, I don't know, 10, 50, whatever. Don't take large amounts of money at first. Invest that. Open up a brokerage account with whoever it could be Fidelity, it could be Vanguard, and invest that. That much money. And then next week or in a month, invest the same amount of money. You're going to start to feel more comfortable. And you could have two brokerage accounts and you can see which one you like. You're not investing crazy amounts of money, but just that action, just doing the thing right, doing the investing, that's what actually helps people move further ahead.

Yeah, I totally agree that pulling the trigger or actually taking those baby steps takes away a lot of the fear or the anxiety that surrounds it. Unknown beliefs. A lot of us people have fear. But like, oh, that wasn't difficult. Oh, I can do this. Oh, that's not so difficult. And then repeating those small steps lead to big advances down the road. Right, right now you, you've got this amazing club that you're talking about, the. Let me pull this up here. Wealthy Kids Investment Club. There you go. Exactly. Big on Instagram as well. Big, huge following. 128,000 followers. And that if you guys want to follow that definitely would recommend at Kids Money. So teach Kids Money with a peer between the two there for you. And you said you're hoping your vision is to empower every child, become financially independent. After the book, what's the next step? What's the next phase for you?

After the book? I actually would love to write a couple more books. I'm not done yet. But the next book on investing, it's almost like part two. The next book would be going more into explaining how ETFs and index funds work. But then again, I want to explain it in a language that a 10 year old can understand. I do have a free cheat sheet as to what index funds and ETFs are. The link for that is in my Instagram bio. So it's free. Anybody can get it. That explains it. But I do want to have another book that just goes more in depth because I feel that this is something that everybody should be doing and everybody can do. It's not very difficult to learn. And then the third book that I'd like to write would be the one just for parents, giving them different tools and options. Because I really believe that there's no one, one fit all approach when it comes to teaching kids about money management. My approach and my workshops are always that I give parents different tools and techniques that they can choose from to teach kids about money that actually aligns with their family values and beliefs. So it's kind of like what I've just done with the allowance. Like there's four methods. Pick one that works for you, and even if you pick that one, it doesn't work. Pick another one. So just keep picking different ways to teach them, budgeting, different ways to teach them, saving, and so on until you really figure out what works for you. You kind of make your own teaching kids about money model, if you will.

Yeah. When we see here in the United States a big push for more financial education at the school, at high schools and middle schools and elementary schools taking place. I'm friends with the Sharon Lecter, who's the co author of Rich Dad, Poor Dad. She was able to get a big thing in Arizona and other parts of the country. I would imagine you probably have some opportunity to share your book and what you've taught with some of those too. Are you doing anything along those lines that's in different states or areas across countries?

Yes, the book is very new so I'm planning to do that. I'm not there yet. I do offer bulk discounts and I'm happy to also provide some free copies for impoverished communities. But yeah, that's definitely on the panel going forward.

Well, awesome. And once again everybody, just so you know, as we get into the holidays, you need a stocking stuffer for your kids or a gift to give to your family. A gift of giving or the gift of saving. It's really important to do. You will want to definitely take advantage and check out the book. It's from out now. From Piggy Banks to Stocks. The Ultimate Guide to a Young Investor. You can get an Amazon. I just pulled it up on Walmart here. Great book for you to use. Easy to read, easy to understand, and most importantly, easy to implement. And that's what really separates those are the doers from just the readers. Go read, get educated. But then take action and make your new year a whole different success story when it comes to saving and investing. Maya, what's the best way for our listeners and followers to connect with you is on the Instagram or is there another way?

That's definitely Instagram. So again, it's Teach Kids Money. I do have a blue check mark next to my name. There are a lot of scammers out there, so please be careful that you follow the right account. Otherwise they're going to come after you and try to sell you crypto and all these other things that can help you get rich quickly.

Yeah, we'll make sure and put the correct link in the bio and the description as well. Maya, thank you so much. It's been such a pleasure having you on here. I look forward to continued talking and continuing the conversation. A later date too for you. Congratulations on the book launch. That's so exciting. I know that you were really excited about it when we were speaking about it at fincon and looking forward to your continued success for you.

Yeah, thank you so much Scott for having me on. It's been a true pleasure and I had a lot of fun.

Same here. All right guys and gals, go out, take some action, pick up her book now. You won't be disappointed. Great way to start those come on conversations. Get your kids off on the right foot. Or maybe you're adults. Maybe you need some adults that need that book or some teenager stuff like that. But get started. That's the one thing that we, I think everybody needs to realize. It does not need to be complicated. You can start with little steps and little steps leads to long term success. So go out, take some action, everybody, and we'll see at the top.