Finance With Kids
Finance With Kids
18: Why Aren't Things Just Free?
In today's world, we're used to getting things for free - from social media and search engines to sample products and trial offers. But many of us fail to recognize the hidden costs of "free" and the impact it has on our lives. In this episode, we dive deep into the true cost of "free" and how it affects us as consumers and as a society. We explore the psychological and behavioral aspects of "free," including the ways in which it influences our decision-making and perception of value. Throughout the episode, we discuss the trade-offs involved in choosing "free" over paid options, and how to make informed decisions about what we value and what we're willing to pay for. By the end of this episode, you'll have a better understanding of the hidden costs of "free" and the impact it has on our lives and society. You'll also gain some practical tips for navigating the world of "free" and making more conscious choices about the products and services you consume.
Kids, if you want to be on the show, ask your adult to help you record your name, where you live, and question on a voice recording app, and then email it to hello@financewithkids.com. For example "Hi, my name is Leah, I'm 6 years old, I live in San Diego, California, and my question is--what is an asset?"
Adults, do you want gain free access to tools, videos, and other great resources to build better financial skills and achieve higher levels of success? If so, join one of our free communities today at: https://www.byfiq.com/community
Also, check out these three courses that will help sharpen your financial and investing acumen:
Boosting Your Financial IQ
Understanding Financial Statements
Investing in Stocks and Financial Assets
When you're ready to start living an abundant financial life, take a look at one of our accelerator programs.
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This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. Furthermore, this content is not directed at nor intended for use by any investors or prospective investors, and may not under any circumstances be relied upon when making a decision to invest in Coltivar or its Affiliates. (An offering to invest in a Coltivar fund will be made only by the private placement memorandum, subscription agreement, and other relevant documentation of any such fund and should be read in their entirety.) Any investments or portfolio companies mentioned, referred to, or described are not representative of all investments in vehicles managed by Coltivar, and there can be no assurance that the investments will be profitable or that other investments made in the future will have similar characteristics or results.