Ultimate Guide To Raising Financially Literate Kids | Scott Donnell

4 snips

Oct 30, 2024

In this chat with Scott Donnell, the CEO of Hapbee Technologies and a champion of financial literacy for kids, we dive into vital parenting strategies. Scott emphasizes 'healthy struggles' to build resilience and responsibility in children. He discusses the difference between heritage and inheritance in shaping values. Listeners get practical tips on fostering financial motivation and the importance of storytelling in preserving family legacies. Scott also touches on balancing wealth with values and the enduring significance of family dinners.

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Intro

00:00 • 4min

Building a Legacy of Knowledge

04:23 • 5min

Building Character and Financial Literacy in Children

09:52 • 27min

Heritage, Values, and Family Dynamics

36:31 • 20min

Understanding Gen Z Anxiety and the Impact of Social Media

56:54 • 2min

Navigating Relationships and Parenting in Modern Times

58:52 • 3min

Navigating Life's Priorities

01:01:59 • 15min

Values Beyond Wealth

01:16:41 • 17min

Navigating Single Parenthood: Building Community and Support

01:33:50 • 2min

The Importance of Family Connections

01:35:53 • 4min

In this episode of The Wealthy Way, I sit down with Scott Donnell, CEO of Hapbee Technologies and creator of the GravyStack™ banking app for kids and families. Scott’s background is impressive—he’s taught leadership, fitness, and financial literacy to over 6 million kids across the nation. We dive into his approach to raising financially savvy children and the key values he believes every parent should pass on.

Scott talks about embracing healthy struggle and why it’s so important for a child’s development. We discuss the balance between stepping in to solve your kids' problems and letting them figure things out on their own. If your kids are unmotivated or seem uninterested, Scott shares how to get them back on track using effective strategies like value creation thinking and his family economy system.

We also get into brain development through "brain gigs," and why storytelling is a vital skill for both parents and kids. Scott explains the difference between heritage and inheritance, and how it’s the former that truly shapes a child’s future. He also gives practical tips on deciding how many kids to have, and why some people delay marriage.

We wrap up by talking about balancing wealth with strong parenting, valuing experiences over money, and the powerful role moms play in a family. Scott also emphasizes the importance of having the right people in your inner circle, and the value of simple traditions like family dinner time.

Connect with Scott:
Website: https://value.dinnertable.com/
IG: https://www.instagram.com/dinnertablefamily/

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If you want to level up, text me at 725-527-7783!
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About Ryan Pineda:

Ryan Pineda has been in the real estate industry since 2010 and has invested in over $100,000,000 of real estate. He has completed over 700 flips and wholesales, and he owns over 650 rental units. As an entrepreneur, he has founded seven different businesses that have generated 7-8 figures of revenue.

Ryan has amassed over 2 million followers on social media and has generat...