The Secret to Raising Confident, Financially Wise Kids (That Schools Won't Teach) | with Scott Donnell
Control and Compound with Darren Mitchell · Control and Compound Financial | BNV Media
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Show Notes
Watch the webinar on the Rockefeller Method now: https://shorturl.at/14eAL
On today's episode, we're reintroducing our episode with Scott Donnell that was recorded last year!
The episode fits nicely with our Rockefeller Series on passing down values to your children. If you haven't checked out our Rockefeller Series, it's a must watch!
Most parents think "giving more" is the best way to set their kids up for success… but what if that's actually ruining them?
In this episode, Darren and Christina sit down with Scott Donnell — founder of GravyStack and Dinner Table, to reveal how to truly build a family legacy.
Scott has already helped over 7 million families raise financially confident kids, and today he's breaking down:
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Why heritage > inheritance when it comes to wealth
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The 3 E's System (Expectations, Expenses, Extra-Pay Gigs) that makes allowance obsolete
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How to use healthy struggles to build resilient, confident children
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Why schools and banks don't (and won't) teach financial literacy
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The simple strategies you can start TODAY to give your kids an unfair advantage for life
If you've ever thought "I wish I learned this when I was younger" — this episode is a must-watch. Tune in now!
Show notes:
00:00 - Introduction to Scott Donnell
5:50 - At what age should you start teaching kids about finances
10:15 - Dealing with objections from parents
17:00 - Final thoughts from Scott
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Thank you for tuning in to this episode. The information contained in this podcast is for informational and entertainment purposes only, and is separate and apart from the wealth coach services provided by Darren Mitchell and Associates, Inc. To its qualified clients, Control and Compound Financial expressly disclaims any and all liability or responsibility for any direct, indirect, incidental or any other damages arising out of any individual's use of this podcast or the information in it.
The views expressed here are those of each participant and guests, and not necessarily those of or endorsed by Control and Compound Financial, its affiliates, subsidiaries, and their respective directors, shareholders, officers, or employees. For full disclosure, visit controland compound.com/podcast-media.