A weekly podcast for parents who want to guide their kids on the path to financial independence and extraordinary lives
Ep. 58 How Franchising Builds Family Financial Independence with Adam Goldman
Can a franchise help your family move from money stress to real financial independence—and teach your kids about money along the way?
In this episode of FI for Kids, host Dominic DeLaquil talks with franchise coach Adam Goldman about his journey from a financially stressful childhood to helping families use franchising as a path to wealth, freedom, and better family life.
Adam shares:
How growing up around money stress shaped his view of finances
Why he’s radically transparent about money with his three kids
How games like Cashflow and Monopoly teach kids ROI, deals, and strategy
Why money is a tool, not something to fear or obsess over
Then they dive into the franchise world:
Why business ownership is a powerful path to financial independence
How franchising is like entrepreneurship with training wheels
Leaving corporate: full-time vs part-time/manager-run franchise models
Matching your personality, skills, and geography to the right franchise
Why franchises can be a great diversifier for real estate investors
E-2 visas, immigration, and using franchises to create jobs and a new life
The investment range (from ~$125K service brands to 7-figure McDonald’s) and financing options
If you’ve ever wondered whether a franchise could be part of your path to FI—and how to involve your kids in real-world money learning—this episode is a practical, no-nonsense starting point.
Links:
https://franchisecoach.net
Book: The Franchisee Lifestyle – real franchise case studies and lifestyle stories
Join us for wide-ranging conversations about teaching kids the habits and skills they need to reach financial independence and retire early. Combining basic financial smarts with self-knowledge, guide your kids on the path to crafting lives that bring them deep fulfillment and joy.
We bring you insightful interviews with financial experts, parents, behavioral experts, kids, and those that have achieved F.I. (financial independence) in their 30s, 40s, and 50s simply by working regular jobs, being smart with their money, and prioritizing the things in life that they value most.