45. How to Invest in Your Kids to Make Them Capable Adults
Aug 15, 2023
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The hosts discuss parenting and investing in kids, covering topics such as setting boundaries, financial education, and supporting adult children's choices. They share personal experiences, emphasize the importance of relationships, and highlight the need for trusted advisors and accountability.
58:10
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Quick takeaways
Support children's autonomy and allow them to make their own decisions and mistakes.
Offer emotional support without interference or manipulation to maintain a healthy relationship with adult children.
Encourage children to pursue their own passions and career paths, respecting their autonomy and providing guidance.
Deep dives
Supporting children to make their own decisions
As parents, it is important to support our children in making their own decisions and choices, even if they may disappoint us. Giving them the freedom to explore and make their own mistakes allows them to learn and grow. It is crucial to establish boundaries and not manipulate or control their decisions. By fostering open communication and building trust, we can create a healthy environment for our children to thrive.
Providing emotional support and setting boundaries
Emotional support is key in maintaining strong relationships with our adult children. We must respect their choices, understanding that they are individuals with their own paths to follow. It is essential to set boundaries and not interfere with their lives, allowing them to make their own decisions and live according to their beliefs. By offering emotional support without manipulation, we can foster a healthy and loving relationship.
Career guidance and expectations
When it comes to career choices, it is important to encourage our children to follow their own passions and interests, rather than imposing our own desires onto them. Understanding their unique talents, strengths, and goals can help guide them in finding a fulfilling career. Providing guidance and support while respecting their autonomy allows them to explore different paths and make informed decisions about their future.
Learning from past parenting mistakes
Reflecting on past parenting mistakes allows us to grow and become better parents. It is important to acknowledge when we have been controlling or overly involved in our children's lives. By recognizing the need to let go and allow them to navigate their own journeys, we can create healthier dynamics within our families. Seeking advice from trusted individuals and being open to feedback can help us in our personal and parenting growth.
The power of accountability and seeking support
Establishing a support system and being accountable in our parenting journey is crucial. Seeking input from trusted mentors, joining mastermind groups, or finding professional help can provide valuable guidance and perspective. Building relationships with others who can challenge and hold us accountable allows us to continuously improve and make more informed decisions in our parenting journey.
“There is a fine line between support and interference.” Parenting kids as they grow into adults is one of the hardest things you'll do as a father. There's some sense of control when they're little, but what do you do when they're out of your house? How do you truly invest in your kids when they're young so you don't lose sight of them when they're older?
Big A and Wally address these questions and plenty more on today's episode. They expose their own parenting mistakes to help you uncover some blind spots you may have with your own kids. They've expected too much from their kids, given their grandkids too much money, and had the worst time trying to figure out what's too far and what's just enough in supporting their adult children.
Hear how you can make better decisions as a dad and lean on the wisdom of men who have gone before you.
Key Takeaways:
What to do when we don't have the same values as our adult kids
Drawing the line in the sand when it comes to finances and support
Stop living your life vicariously through your kids
How to recognize when you've set the wrong expectations for them
If you want to hear more speakers like this every month and be with the guys on the call, join the Iron Sharpens Iron Community today: https://www.isibrotherhood.com/isi-community
