#125 - Money Lessons Only The RICH Teach Their Kids (You NEED To Hear This!) | Scott Donnell
Manage episode 450890292 series 3416619
Today's Guest, Scott Donnell, has over a decade of experience studying more than a hundred multi-generational, high-net-worth families. Since 2011, his companies have taught financial competency and leadership skills to over 6 million kids nationwide. As the Founder of GravyStack, an app that teaches children about financial responsibility -- Scott has uncovered the key principles for building and preserving lasting wealth and some of the most harmful lessons parents teach their kids about money. In this episode, he shares powerful insights on teaching children the right financial values, the impact of the school system on financial competency, how parental behavior shapes a child’s money skills and financial mindset, and how inheritances can foster entitlement. He also reveals the strategies and mindsets that pave the way for lasting success. I hope You enjoy this episode as we unpack practical approaches that can transform the way you and your family think about and manage wealth!
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126 episode