Smart Money Parenting What Do Your Kids Do When Nobody's Watching?
Why is integrity important? What do your kids do when no one’s watching? In this episode, Scott Donnell and Chad Willardson discuss why integrity is an important trait in kids. They cover ways parents can teach their kids character and ensure they take responsibility for their actions, especially when nobody's watching.
- Chad starts the conversation by sharing a sad situation where two young adults caused an accident, looked at the damage, laughed, and walked away.
- For Chad, the situation shows that kids nowadays lack integrity.
- He explains that integrity teaches children to take responsibility for their actions, even when nobody’s watching.
- Scott highlights how integrity can be tricky to teach kids because it’s not as clear-cut as explaining honesty or kindness.
- When you make mistakes, you have to take accountability. And it doesn’t matter if you think no one’s watching.
- Your reputation is the only asset you cannot afford to lose because you cannot get it back.
- Chad explains the role of integrity in developing self-confidence - and how parents can teach it to their kids by modeling honesty at home.
- Scott talks about the benefits of building and protecting your reputation as a kid.
- According to Chad, if you don’t have integrity, nothing else matters.
- Chad explains that you want your kids to be smart with money, be successful, and do great things in life. But if they’re not doing it with integrity, nothing else matters.
- Scott reveals why parents should teach their kids to do the right thing when no one’s watching. Because the moment they turn 18, and they leave the nest, you’re not watching them anymore.
- Teach your kids that becoming more trustworthy is the secret to getting more freedom.
- You get rewarded in public for the great decisions you make in private.
- Scott and Chad agree that the greatness of a man is not in how much wealth he acquires but in his integrity and ability to affect those around him positively.
- If you’re unsure about your integrity, Scott believes now is a good time to assess all aspects of your life and start setting a good example for your kids.
Mentioned in This Episode:
smartmoneyparenting.com/followus
Smart, Not Spoiled: The 7 Money Skills Kids Must Master Before Leaving the Nest by Chad Willardson
Value Creation Kid: The Healthy Struggles Your Children Need to Succeed by Scott Donnell and Lee Benson
Scott Donnell on LinkedIn - https://www.linkedin.com/in/donnell-scott
Chad Willardson on LinkedIn - https://www.linkedin.com/in/chadwillardson
Scott Donnell on Instagram - @imscottdonnell
Chad Willardson on Instagram - @chad.willardson
Scott Donnell on TikTok - @imscottdonnell