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February 5th, 2015

Try looking for opportunities to discuss larger questions about money, like, how much is enough? And, What should we spend so that we have all of the things we need and enough of what we want (or want to do) to make us as happy as possible? – Ron Lieber, New York Times personal finance columnist

By Ron Nakamoto

One of the thoughts I had when I first read the article below by New York Times personal finance columnist Ron Lieber is that much of what he recommends for raising “thriving” children also applies to adults.

Who would disagree that learning to spend money wisely is a good thing? Aren’t adults and, especially, leaders well served if they have emotional self-control and the ability to spend wisely?

Of course, from an Empowered Wealth perspective, being un-“spoiled” children (or adults) begins with Gratitude. We’ve discovered and avidly promote the idea that people who practice Gratitude tend to share and contribute more generously in both financial and non-financial ways

Money is interwoven into our mindsets. We all have opinions, attitudes, emotions, and experiences surrounding money that shape how we deal with financial matters. I believe that an Empowered Wealth Mindset gives people a great context within which to talk about money with mature, thoughtful people and share insights into how money can help us live happy, fulfilled, and meaningful lives.

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How to Raise Kids Who Aren’t Spoiled

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