Radical Personal Finance

933: How to Invest in Your Children at a Very Young Age, Part 14: Invest Into Developing a Philosophy and Spirit of Success

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Apr 19, 2023
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INSIGHT

Character Beats Early IQ Training

  • Non-cognitive traits like persistence, curiosity, and self-control drive long-term success more than early cognitive drilling.
  • Programs that improve behavior and social skills yield lasting gains even when IQ effects fade.
ADVICE

Prioritize Social Skills In Early Programs

  • Use preschool and early programs to develop social and behavioral skills, not just IQ drills.
  • Track long-term outcomes because behavior gains can produce higher employment and lower crime decades later.
INSIGHT

Install A High‑Quality Mental OS

  • Teach children an internal operating system: beliefs that shape interpretation and action.
  • Software-like mindsets determine how kids respond to setbacks and opportunities.
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