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Getting Children Ready for Money Decisions

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Financial decisions can be some of the most difficult and important challenges that families face.  While it’s common sense though, that we should have at least basic financial knowledge, our next guest says that, unfortunately, most Americans’ financial literacy has been dropping in recent years. That’s why he believes that we should be helping our school-age children be better prepared for the financial decisions they’ll face when they enter adulthood.

Mike Switzer interviews Rob DeHollander, a certified financial planner in Greenville, SC.

After almost 20 years, Mike Switzer retired from Wells Fargo Securities in 2001 as Senior Vice President/Investment Officer and Certified Portfolio Manager. In 1999, he and his wife, Maggie, purchased and operated for eight years the Baskin Robbins ice cream store on Forest Drive in Columbia. They grew the store from a bottom-tier operation in the Baskin Robbins franchise system to one in the top 5% nationwide within three years, tripling sales along the way. While operating the ice cream store, Mike and Maggie received patents for a portable ice cream sink and fold-down sneezeguard they invented and in 2002 started Magnolia Carts, an ice cream cart manufacturing company, which they sold in 2013.