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22. The Success “Recipe” Top 1% Families Teach Their Kids w/Scott Donnell

AJ Osborne Podcast

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Teaching Kids Financial Responsibility

This chapter explores the impact of generational wealth on children's entitlement and lack of responsibility when not properly managed. The speakers advocate for innovative approaches to teaching financial skills through hands-on experiences at home, promoting a family economy where children earn, save, and invest money. By involving kids in financial decisions, the chapter emphasizes the importance of developing a strong work ethic and a sense of accomplishment.

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