Raising Money-Smart Kids: Life Lessons from Rich By Choice – with Dr. Nicholas Michels

I recently sat down with host Dominic DeLaquil to talk about how we can raise financially independent kids—by teaching real-world money lessons early and modeling the habits ourselves.

I share a few stories from my own childhood, times of financial hardship that taught me resilience, the importance of mentors, and why money should align with our values. Dominic and I dig into how parents can turn everyday moments into money lessons and help kids see money as a tool for freedom and meaningful experiences—not stress or status.

What I cover in this conversation:

  • How to have open, honest money talks with your kids
  • Why resilience and self-awareness matter more than the size of your bank account
  • The power of compounding beyond dollars, habits, learning, and growth
  • How mentors and family culture shape a child’s money mindset
  • Practical steps to help kids start their path to financial independence

Can’t wait for you to listen. Let’s raise the next generation to be rich by choice.

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