The Ultimate Guide to Finance for Parents | Adam Nash (Dad of 4, Daffy, Wealthfront, LinkedIn)
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Adam Nash is a long-time Silicon Valley executive, investor and advisor. He was the President and CEO of Wealthfront, a Product executive at Dropbox and LinkedIn, and teaches a course on personal finance for engineers at Stanford. He is currently the co-founder and CEO of Daffy, the donor-advised fund for you and a champion of charitable giving. In addition to his long and successful career he’s also a husband and the father of four kids! In our conversation today we discussed: * How to raise financially literate kids * How to think about the question of “am I financially ready for children” and is that the right question * How to teach your kids about charitable giving and philanthropy * The challenges of starting a company as a parent * The concept of “super powers” at work and at home * How to talk about money with your wife and kids * How to do financial planning in your household — Where to find Adam Nash * Linkedin: https://www.linkedin.com/in/adamnash/ * X: https://x.com/adamnash Where to find Adam Fishman * FishmanAF Newsletter: www.FishmanAFNewsletter.com * LinkedIn: https://www.linkedin.com/in/adamjfishman/ * Instagram: https://www.instagram.com/startupdadpod/ — In this episode, we cover: [1:41] Welcome [2:47] How did you develop your passion for finance? [5:31] When are you financially ready for children? [12:05] Was financial literacy part of childhood? [14:55] Kids ages and background [15:25] Decision to start a family [18:26] Guardrails [23:35] Conversation with partner about startup [27:12] Concept of superpowers [31:56] Advice to younger Adam [35:49] Advice to ignore [38:53] How do you build financially literate children? [44:09] What is a DAF? [51:18] Your family’s philanthropy & impact [53:51] Financial review [57:27] Financial apps [58:48] Mistake as a dad [1:03:57] Rapid fire — Show references: Daffy: https://www.daffy.org/ Wealthfront: https://www.wealthfront.com/ Dropbox: https://www.dropbox.com/home LinkedIn: https://www.linkedin.com/feed/ Stanford: https://www.stanford.edu/ Quicken: https://www.quicken.com/ Steve Jobs: https://www.britannica.com/money/Steve-Jobs DonorsChoose: https://www.donorschoose.org/ Greenlight: https://greenlight.com/ Monterey Bay Aquarium: https://www.montereybayaquarium.org/ Acorns: https://www.acorns.com/ Plenty: https://www.withplenty.com/ Apple watch: https://www.apple.com/watch/ Jewish Community Center: https://jcca.org/ Cars: https://www.imdb.com/title/tt0317219/ Animal House: https://www.imdb.com/title/tt0077975/ Back To School: https://www.imdb.com/title/tt0090685/ Real Genius: https://www.imdb.com/title/tt0089886/ Star Wars: https://www.starwars.com/films Back To The Future: https://www.imdb.com/title/tt0088763/ Toyota Sienna: https://www.toyota.com/sienna/ Honda Odyssey: https://automobiles.honda.com/odyssey — For sponsorship inquiries email: [email protected]. For Startup Dad Merch: www.startupdadshop.com  Production support for Startup Dad is provided by Tommy Harron at http://www.armaziproductions.com/ This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit startupdadpod.substack.com
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