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Welcome to the Daily Stood Podcast where each day we bring you a passage of ancient wisdom designed to help you find strength, insight, and wisdom every day life.

Each one of these passages is based on the 2000-year-old philosophy that has guided some of history's greatest men and women. For more, you can visit us at DailyStood.com.

Hey, it's Ryan Holiday. Welcome to another episode of the Daily Stood Podcast.

I guess this was like eight or nine years ago. I got this email from someone I knew in New York City and they said, hey, we're having this dinner party.

You want to come, you got to make your way out to Brooklyn, but it should be awesome. And it's quite a crowd.

Gretchen Ruben is there, Susan Kane is there, a whole bunch of best-selling authors and newspaper columnists. They're all there.

And if that was a nice surprise, the more surprising surprise was I was the speaker at said dinner. I was invited to the table. I was invited not as a guest, but as the entertainment for the night.

And so I scrambled together and I threw a quick talk together. It went great. And one of the other upsides of it is the friendships that came out of it.

And my guest today was actually at his house, Ron Lieber. He's the your money columnist for the New York Times. He's an award-winning writer.

And he's an author of two books, one of which has my favorite title, The Opposite of Spoiled, Raising Kids Who Are Grounded, Generous, and Smart About Money.

And his new book, The Price You Pay for College, an entirely new roadmap for the biggest financial decision your family will ever make is now out.

I was so glad that Ron reached out. It had been forever since we talked. We've gone back and forth. But this is a great interview. We talk about this really key, stoic idea of temperance, moderation.

What's the right amount and how money is and can be a great metaphor and a great method for teaching and embodying and learning about that critical virtue.

So here is my interview. You can check out Ron's website at Ron Lieber.com, R-O-N-L-I-E-B-E-R. You can sign up for his newsletter. You can follow him on Twitter at At Ron Lieber.

Of course, check out the new book, The Price You Pay for College, and the other book, The Opposite of Spoiled.

I was thinking about your, not your most recent one, but your last one, because you and I both tried to do something.

Actually, I feel like I did this with my book Stillness, and I was doing this with ego. Sometimes as a writer, you're trying.

You're trying to define the absence of something or the opposite of something, and there's not really a great English word for it.

So with ego is the enemy, I was really trying to write a book about the absence of ego, but there's not a great word for that.

Humility is kind of it, but also confidence is kind of it, and it's sort of a combination of those.

I just love the title of The Opposite of Spoiled, because it perfectly captures how we want to be as people and what we want our kids to be like.

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