“Talking about money with kids is now critical step to raising kids who will be financially independent and self reliant.”
Please Note: This is a summary and analysis of Ron Lieber’s “The Opposite of Spoiled”, not the original book. We summarize and analyze each chapter to help you better understand the original.
When you live in a modern society and have the ability to buy your kid the next tablet or gaming system where do we learn to draw the line? Most parents just give their kids everything they want and totally avoid the money conversation with kids. They think that giving their kids everything they can is the answer to success. This not only spoils kids but doesn’t provide them with the adequate self development they need to become financially independent adults who are totally self-reliant. Lieber argues that the time has come we had a different conversation with our children, one that not only includes, but submerges, them in important decisions regarding money, including talks about our how much we make, their working for money and giving to others.
Please note that this is an unofficial summary and analysis, not endorsed by the publisher and author of the original book “The Opposite of Spoiled” written by Ron Lieber. We write these summaries to help educate and spread the most important ideas of our time, especially in today’s day in age where people have too much irrelevant information coming at them at once and are more busy than ever. This is a way to help you understand the original book and introduce you to authors and books that can have the most impact on your life.
After reading this summary, we highly encourage you to add the original book to your library. We would not have covered this book unless we thought it was purely amazing.