Today’s guest is Phil Xue.
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Today’s Guest
Phil Xue
Phil is a Doctor of Optometry, a business owner, and a father of two — who came to Canada as a child with his mother and very little money. What they had instead was a belief in learning and growth. Over time, that belief became a business, long-term investments, and financial independence in his 30s. Now he’s channeling everything he learned into a children’s book series called Money Adventures of the Meadows: Six Children’s Stories About Money, Investing, Entrepreneurship and Financial Literacy. Phil is based in Surrey, British Columbia.
- Phil Xue | Purchase Money Adventures of the Meadows | Specsavers Guildford Town Centre
You will learn:
- Why the concept of value — not money itself — is the most important financial idea you can teach a child
- How Phil defines financial independence, and why he still chooses to work two days a week
- The difference between inflation and monetary debasement, and why it matters for how you save
- Why keeping money in cash is like holding a melting ice cube
- How to raise kids who can hold their nerve through market downturns — and the unconventional way Phil is doing it in real time with his son
- Why stories are more powerful than lectures when it comes to teaching kids about money
Thanks for listening!
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Thanks to Phil for joining me this week!
In case you missed it, make sure to catch up on the last episode “Episode 89: Your Number Isn’t Your Number — The Tax Side of FIRE | Gary Pattengale”!
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