Are You A Rich Parent?
The Daily Dad
Daily Dad
4.6 • 630 Ratings
🗓️ 2 June 2023
⏱️ 5 minutes
🧾️ Download transcript
Summary
There are different kinds of rich families. There are families that have lots of money. There are families that have lots of time together. Sometimes these families are the same…too often they are not.
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Transcript
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| 0:00.0 | Welcome to the Daily Dad podcast, where we provide one lesson every single day to help you with your most important job, being a parent. |
| 0:15.0 | I'm Ryan Holiday, and I draw these lessons from ancient philosophy, modern psychology, practical wisdom, |
| 0:22.6 | and insights from parents just like you all over the world. |
| 0:26.6 | Thank you for listening, and we hope this helps. |
| 0:30.6 | Are you a rich parent? |
| 0:34.6 | There are different kinds of rich families. |
| 0:36.6 | There are families that have lots of money. There are different kinds of rich families. |
| 0:37.6 | There are families that have lots of money. |
| 0:39.4 | There are families that have lots of time together. |
| 0:42.1 | Sometimes these families are the same, and too often they're not. |
| 0:46.1 | In his amazing book, The Psychology of Money, Morgan Housel quote, has this great quote. |
| 0:50.4 | He says, your kids don't want your money or what money buys anywhere near as much as they |
| 0:55.9 | want you. Specifically, they want you with them. More recently, we posted a great line from the author |
| 1:03.2 | John Acuff on the Daily Dad Instagram. He said, I've never met a 13 year old who said, my dad was |
| 1:08.7 | never around because he was always working, but I have a sweet |
| 1:11.9 | mountain bike, so now it was all worth it. A person living a rich life gets to see their kids. They don't |
| 1:17.8 | trade away the only childhood their sons and daughters will ever have. They have idle time for |
| 1:23.6 | their kids. They get more done than the occasional pickup. They get to do more than the occasional |
| 1:28.7 | pickup and drop off. They don't have to constantly check their watch or their phone. They're not |
| 1:33.5 | only there for all the games and practices and plays, but they're present as well. There's a lot of |
| 1:39.8 | ways to get to this place of wealth. One can be having so much money that you never have to worry about anything again, |
| 1:46.2 | but the other can come by being comfortable |
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