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The Art of Manliness

#188: Raising Children Who Are the Opposite of Spoiled

The Art of Manliness

The Art of Manliness

Society & Culture, Education, Philosophy

4.714.5K Ratings

🗓️ 1 April 2016

⏱️ 39 minutes

🧾️ Download transcript

Summary

As a parent, one of my goals is to raise children who aren't spoiled. I want them to be grounded, generous, and savvy when it comes to money and consumption. I want them to make the most of their money, without it controlling them. My guest today, author and New York Times columnist Ron Lieber, has written a book full of research-backed tips on teaching your children important personal finance lessons.

Transcript

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0:00.0

Bratmicae here and welcome to another edition of the Art of Manliness Podcast.

0:18.5

So as a parent myself, one of my goals is to raise a child that's not a spoiled brat,

0:25.5

it's grounded when it comes to money that's generous with it and is savvy and sees it as a tool

0:30.5

and makes the most of it while not letting money control them.

0:34.5

So it issue that a lot of parents struggle with on how to teach their children about personal finance.

0:39.5

Oh, my guest in the podcast has written a book with research back tips on how to teach your children about personal finance.

0:47.5

His name is Ron Lieber. He is the money columnist of the New York Times.

0:51.5

He is the author of the book, the opposite of spoiled, raising kids who are grounded, generous and smart about money.

0:57.5

Today on the podcast, Ron and I get high level first, kind of talking about the philosophy we should as parents should use when teaching our children about money.

1:05.5

But then we get really brass tax and get into specific questions that a lot of parents have about money such as,

1:11.5

you know, should you pay your child allowance? And if you do, when do you start and how much should it be?

1:16.5

How do you teach your kids about being generous with their money? How do you teach budgeting, setting limits on spending?

1:22.5

So a lot of great practical information. When you're done with the podcast, make sure to check out the show notes at a o m dot s slash Lieber.

1:29.5

That's spelled li br. You can find show highlights as well as resources we mentioned in the podcast as well.

1:37.5

So without further ado, Ron Lieber and the opposite of spoiled.

1:47.5

Ron Lieber, welcome to the show. It is great to be here. Thank you for having me.

1:52.5

So you're the money columnist of the New York Times and during your writing, I'm sure you've gotten a lot of questions from readers about different money topics.

1:58.5

And I'm sure the people you've interviewed through the years have raised the same issues about money and kids.

2:04.5

And it seems like teaching your kids about money is a, or can be a really touchy sensitive topic for a lot of folks.

2:11.5

Why are parents so uncomfortable talking about money with their children?

2:16.5

I think some of this is bred into us, right? If we grew up, we, people who are parents now grew up, you know, 20 or 30 or 40 years ago, whatever it is.

2:26.5

Quite often when we tried to ask questions about money, we were met with some version of the following response, right?

...

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