Money-Smart Mondaywith John Lanza Hello, friends! Welcome back to Money-Smart Monday, where we explore simple, thoughtful (and occasionally surprising) ideas about money and life. Although the concepts I share are often focused on raising money-smart kids, they’re always designed to help everyone (Myself included!) think more clearly about money and living well. Let’s dive in! Tell me if I’m wrong (Seriously!)I’d appreciate your thoughts on these recent LinkedIn posts. Lectures Don’t Teach Money Smarts: Does experience trump theory when teaching kids about money? You Can’t Afford NOT to Start Early: Why starting the money-smart journey early might be even more important than we realize. Preventing Stuff Overload: Are we—and our kids—getting buried by too much stuff? A post I want to share with youGene Natali (a podcast alum and one of my favorite money-smart thinkers) shares some powerful insight through his company, Troutwood. His words beautifully complement our “experience over theory” theme: “Personal Finance is bigger than a letter grade. While many of our peers are focused on financial literacy education, Troutwood is laser-focused on financial literacy action. As financial literacy education becomes more mainstream, an action step must follow the great work being done in classrooms around the world. Troutwood has built this action step, allowing individuals to build a ‘personal financial plan,’ and take ownership of their financial future.”
Put another way, action exponentially multiplies education. Great advice usually involves simplicityAuthor and speaker Will Rainey joined me on the podcast to share the simple path he suggests our kids take to achieve wealth. He maps it out in this short audio snippet from our conversation. Can wealth building really come down to just being more comfortable doing … nothing? Appreciating our kids like we do sunsetsHere’s a beautiful thought from psychologist Carl Rogers. It’s especially valuable in navigating our roles as parents or even in managing our financial anxieties: “One of the most satisfying feelings I know—and also one of the most growth-promoting experiences for the other person—comes from my appreciating this individual in the same way that I appreciate a sunset. People are just as wonderful as sunsets if I can let them be. In fact, perhaps the reason we can truly appreciate a sunset is that we cannot control it. When I look at a sunset as I did the other evening, I don’t find myself saying, ‘Soften the orange a little on the right hand corner, and put a bit more purple along the base, and use a little more pink in the cloud color.’ I don’t do that. I don’t try to control a sunset. I watch it with awe as it unfolds. I like myself best when I can appreciate my staff member, my son, my daughter, my grandchildren, in this same way.”
More ideas I found interesting➡️ The Money Stack newsletter is a great resource. Thanks again for spending a few minutes of your Monday with me. John,
📗 Get The Art of Allowance (for parents) P.S. Please consult with a financial or investment professional before making any decisions that might affect your financial well-being. Forwarded this email? Sign up here. |
