Ep. #603 | What We’re Doing with Our Kids Rent Money

By Jenn Pike | July 23, 2026

Listen on Apple Podcasts

Listen on Spotify

We get asked so often about how we handle money with our adult kids, so we finally sat down to share exactly what our family does, what we don’t do, and the numbers behind it all.

Chapters:

  • 2:19 – Do We Charge Our Kids Rent? Our Family’s Approach
  • 3:59 – Getting Kids Started with Investing Early
  • 5:03 – Understanding Life Insurance as an Investment Vehicle
  • 7:37 – How We Handled Their Vehicles (Interest-Free Car Payments to Us)
  • 13:33 – The Compounding Math: $583/Month for 11 Years = $2.8 Million
  • 21:26 – The First Home Savings Account (FHSA) Explained
  • 28:49 – “Saving Your Latte Money Won’t Make You a Millionaire” 

Let’s dive in!

Thank you for joining us today. If you could rate, review & subscribe, it would mean the world to me! While you’re at it, take a screenshot and tag me @jennpike to share on Instagram – I’ll re-share that baby out to the community & once a month I’ll be doing a draw from those re-shares and send the winner something special!

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