The Daily Dad

Daily Dad and Ron Lieber on Preparing Your Kids For Financial Success

Apr 3, 2021

56:59

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Bestselling author Ron Lieber and Daily Dad discuss teaching kids about money, virtues like temperance, college decisions, gap years, reading to kids, setting limits, creativity in constraints, instilling values through financial education, and the importance of college experience.

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Quick takeaways

Utilize diverse knowledge sources to enhance parenting skills through history, philosophy, and psychology.

Encourage reflection on parenting struggles and growth by openly sharing experiences with fellow parents.

Guide children's financial success by instilling virtues like modesty, prudence, thrift, and generosity in parenting.

Deep dives

The Importance of Parenting Wisdom from Various Fields

Drawing on history, philosophy, and psychology literature, the podcast underscores the value of using diverse sources of knowledge to enhance parenting skills. By exploring different disciplines, parents gain insights to improve their approach to the crucial role of caregiving.

Intro

4min

Inventing Words and Coupons

4min

Teaching Children About Money and Values

10min

Discussing Reading to Kids, Self-Discipline, and Setting Limits in Parenting

4min

Exploring the Value of Constraints and Creativity

3min

Instilling Values in Children Through Financial Education

28min

Exploring the Value of College Experience and Success Factors

4min

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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This episode is also brought to you by Readeo. Readeo provides a virtual story time platform called Bookchat. Bookchat lets you read your favorite award-winning books over video chat with your loved ones, no matter how far apart you are. The Readeo library includes hundreds of books from publishers like Chronicle and Simon and Schuster, including stories in English, Spanish, and French. All of this can be yours for just $10 per month. You can try Readeo out for yourself with a 30-day free trial by using the code DAILY on readeo.com. That’s readeo.com to get 30 days of virtual storytime for free.

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