The Power of Financial Literacy: What Every Family Needs to Hear w/ Troy Millings 📋 EP153

What It Covers

Troy Millings explains how Earn Your Leisure grew from teaching financial literacy in Bronx classrooms to creating InvestFest, a 25,000-person festival combining education with entertainment for underserved communities.

Key Questions Answered

• •Teaching kids about money: Introduce children to investing through their interests like Roblox and Disney stock, have them physically count cash for charity envelopes, and show them mortgage payments being written to normalize large numbers early.
• •Breaking income ceilings: A teaching salary of $115,000 annually created comfort that limited growth potential. Shifting mindset from earning $100,000 per year to $100,000 per month requires recognizing entrepreneurship has no ceiling unlike traditional employment.
• •Partnership deal structure: Before any handshake agreement or partnership, seek legal counsel and experienced mentors in that specific field. Evaluate partner energy, confidence, and integrity before paperwork. Written agreements prevent years of legal battles over ownership disputes.
• •Investment evaluation criteria: Focus on three factors when reviewing opportunities: strong tech component for scalability, future-facing industry positioning, and proven leadership with track record of previous ventures or failures that demonstrate experience and resilience in the space.