Instilling Values in Children Through Financial Education

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The chapter explores the importance of teaching children values through financial education, using methods like saving, spending, and giving jars to impart key virtues. It discusses how money lessons can translate into meaningful experiences and shape children's values, highlighting the role of parental modeling in building financial responsibility. Moreover, it touches on the challenges of navigating college education financially and underscores the significance of instilling core values in children over prioritizing prestigious schools and financial security.

Ryan speaks to author Ron Lieber about the key Stoic virtue of temperance, how money can be a great tool for teaching, how parents and kids should approach college and gap years, and more.

Ron Lieber is a bestselling author of several books and has been a New York Times columnist since 2008. His newest book The Price You Pay for College: An Entirely New Road Map for the Biggest Financial Decision Your Family Will Ever Make released in January 2021.

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