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Author Ron Lieber on Money and Values

The Daily Stoic

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Nurturing Values Through Language and Finance

This chapter delves into the challenge of defining key virtues for children, emphasizing the creation of new terms like 'nilogism' to encapsulate these values. It combines playful anecdotes on language with a serious exploration of teaching children about money management and financial wisdom. The discussion also highlights the Stoic concept of temperance, advocating for a balanced approach to allowances that instills understanding and moderation.

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