How do you prevent your kids from becoming spoiled, especially when they grow up in a vastly different financial landscape than you did?

 

In today’s episode of Retire in Texas, Darryl Lyons explores the philosophical nature of this inquiry, sharing his own experiences and drawing wisdom from a diverse range of sources. Plus, he dives into key takeaways from the book 'Make Your Kid a Money Genius, Even If You're Not’ by Beth Kobliner, offering practical insights for parents and grandparents alike.

 

Some of the topics discussed include: 

• Why preventing your kids from being spoiled is more philosophical than mathematical.
• 18 salient points on how to successfully educate your children on the value of money.
• The importance of storytelling, not lecturing, in financial education.
• Discussing the fear of investing among young people.

 

If you enjoyed today’s episode, make sure to share it with your friends and family!

 

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