The Daily Dad

Daily Dad and David Rubenstein on Raising Happy and Healthy Kids

Feb 25, 2023
David Rubenstein, co-founder of The Carlyle Group and renowned philanthropist, shares his wisdom on raising happy, healthy kids in a world of wealth. He discusses the challenges affluent parents face in building strong family ties while juggling career ambitions. Rubenstein emphasizes the legacy of parental focus and the importance of financial education for children. He advocates for finding personal meaning and happiness beyond money, encouraging parents to instill values of hard work and self-discovery in future generations.
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ADVICE

Parenting's Biggest Challenge

  • Raising children to be happy and healthy is the hardest thing in the world, especially with wealth.
  • Spend ample time with your children to avoid spoiling them and maximize their chances of success.
INSIGHT

Parenting vs. Profession

  • It's easier to focus on professional success than raising well-adjusted kids, especially amidst wealth.
  • Raising kids is unpredictable, unlike professional life where control is often an illusion.
ANECDOTE

Presidential Parenting

  • Even presidents, despite their influence, struggle to raise children who follow in their footsteps.
  • David Rubenstein cites examples like Ronald Reagan and Jimmy Carter.
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