What does it really mean to raise confident and independent kids? How can parents instill strong values while making learning engaging and fun? And what practical steps can you take to prepare your children for a successful future?
In this episode, I chat with Scott Donnell, a serial entrepreneur and expert in family financial education. Scott shares insights from his work with the Gravy Stack app and his book "Value Creation Kid," offering strategies for teaching kids life skills in a way that is both educational and enjoyable.
In this interview, you’ll learn . . .
And more . . .
So, if you’re ready to help your children develop the skills and values that will benefit them throughout their lives, click play and join the conversation.
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Timestamps:
(08:00) How did studying high net worth families help in teaching kids about finances?
(09:33) The concept of "heritage over inheritance”
(10:40) What are the 12 principles and can you share a few that stand out?
(20:34) What is the “home economy” system?
(23:55) What are the 3 E’s?
(29:43) Have you encountered resistance from parents about implementing these principles?
(36:19) Healthy struggles vs. unhealthy struggles
(40:10) What types of healthy struggles should parents consider introducing to their kids?
(46:27) What are your thoughts on the statement "If we model these behaviors, we are a lot of the way there"?
(51:27) What are some of the most important skills we should teach our kids?
(57:27) Why is interdependence, not independence, the goal in parenting?
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Mentioned on the Show: