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The Ramsey Show Highlights

How Do I Avoid Raising Entitled Kids?

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6682 Ratings

🗓️ 12 August 2022

⏱️ 8 minutes

🧾️ Download transcript

Summary

The Ramsey Call of the Day is a quick, daily dose of advice on life and money in under ten minutes. Hear from experts like Dave Ramsey, Ken Coleman, Rachel Cruze, Dr. John Delony, and George Kamel. Part of the Ramsey Network. Delivered to you five days a week. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This is the Ramsey Call of the Day, part of the Ramsey Network.

0:10.8

Joining me today is Ramsey personality, Ken Coleman.

0:15.8

Michael's going to start us off in Iowa.

0:18.1

Hey, Michael, how are you?

0:20.2

Wonderful. How are you? Better than I deserve.

0:22.8

What's up? So my question is, as you're helping people in their financial journey and becoming

0:31.6

debt-free, when you get to that point that you're financially free from any payments,

0:38.3

and you have children that are in the house, I understand that, you know,

0:44.3

instilling the values that you, you know, don't use debt in your everyday life. And, you know, when you get to that point and you're still having, you know, younger kids at home,

1:02.0

how do you, how did you do it with your children?

1:06.7

So that way, you know, as they moved out of the house, they weren't feeling entitled or, you know, oh, you know, mom and dad have money so, you know, I can basically use what they have.

1:25.0

So how do you keep becoming from becoming wealthy and it's

1:28.6

screwing up your kids exactly like entitlement entitlement is arrogance

1:34.0

it's on do something that I didn't earn okay you can you can you can fix that with

1:42.8

kids regardless of the amount of money in your house.

1:46.5

Okay.

1:46.9

So the Ramsey kids growing up were, entitlement was not something we allowed and self-centeredness was not something we allowed.

1:56.0

And they're very similar.

1:58.0

So a couple of things we did.

2:00.0

And I'm going to send you a copy of the number one

2:01.7

bestseller, Rachel and I did together called Smart Money, Smart Kids. And so there's a couple of

2:06.8

items. Let's start with a very philosophical highbrow thing. Contentment is almost never around entitled people.

...

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