Surgent's Raising Financially Capable Children
Wednesday, March 19, 2025
Webcast or Webinar, Online
2:00 PM - 4:00 PM (opens at 1:30 PM) EST
2Credits
Behavioral and Technical Business
Registration is Open
Members
$99.00 Regular Price
Non-Members
$129.00 Regular Price
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Course Type: Webcast
Course Code: 24/SURFC249
Level: Basic
Vendor: Surgent
Field of Study: Specialized Knowledge
Overview:
This course focuses on the main elements of financial education and will help accounting and finance professionals guide their clients, and their clients' children, through a personalized teaching roadmap. Clients with wealth face questions about how to teach their children about money to raise financially capable children. Often, their first contact is to their accounting and financial professionals, so it is important to be able to provide a framework to help teach clients how to prepare their children for life with privilege.This course is designed for all practitioners who want to help their clients navigate the process of teaching the next generation about personal finances. Because every family and child are different, it is critical to develop a specific plan for each client, and likely each child and grandchild. By working with their clients' descendants, accounting and finance professionals not only build rapport and trust but also get to know the children and grandchildren, building firm value and long-term connection.Objectives:
- Understand the importance of financially capable children
- Be familiar with the basic elements of financial education
- Be able to deal with the most common questions and answers
- Recognize how to build a stronger relationship with clients
Major Topics:
- Discussion of the importance of a financial education for the next generation
- Understanding a client’s financial values
- Determining a client’s financial literacy
- Helping clients develop a teaching roadmap
- Using knowledge to protect against entitlement
- Developing a knowledge base for the information, including a full list of recommended books on the topic and games for families to play
- Discussion of specific topics, including tips and tricks related to:
- Allowances
- Earning, work, and entrepreneurship
- Spending, saving, and investing
- Philanthropy
- Taxes
- Credit cards
Major Topics:
- Discussion of the importance of a financial education for the next generation
- Understanding a client’s financial values
- Determining a client’s financial literacy
- Helping clients develop a teaching roadmap
- Using knowledge to protect against entitlement
- Developing a knowledge base for the information, including a full list of recommended books on the topic and games for families to play
- Discussion of specific topics, including tips and tricks related to:
- Allowances
- Earning, work, and entrepreneurship
- Spending, saving, and investing
- Philanthropy
- Taxes
- Credit cards