4min chapter

The Knowledge Project with Shane Parrish cover image

#53 Howard Marks: Luck, Risk and Avoiding Losers

The Knowledge Project with Shane Parrish

CHAPTER

How Do You Teach Your Kids About Money?

How do you teach your kids about money that other people can use or borrow from? Money is a very real thing, it's essential to develop good attitudes toward it early. One of the most important things to have kids who function well around money is for them to have a feeling of finiteness. No matter how much money you have, you can get in trouble if you spend too much of it.

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