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Economy & Finance

The Opposite of Spoiled

Economy & Finance

The Opposite of Spoiled

Ron Lieber

Many parents view entitlement as one of the most unappealing traits in children today, often misattributing it to wealth. However, entitlement is more closely tied to four key factors: a lack of household responsibilities, freedom from rules or schedules, excessive parental attention, and an abundance of possessions—most of which are unrelated to financial status. In fact, teaching children about money can counteract entitlement by fostering qualities like thrift, generosity, curiosity, and patience. For example, encouraging children to save or creatively manage their resources helps instill these values. Unfortunately, societal discomfort around discussing finances often prevents such lessons, as parents may feel uneasy sharing their financial realities or comparing them to others. This avoidance leaves children unprepared and more likely to develop entitled attitudes. Breaking this silence is crucial to raising balanced, responsible individuals.

11 min

6 Bite

Perspectiva

¿De qué trata?

This book delves into the evolving dynamics of childhood, exploring how work, money, and privilege shape a child’s development. It examines the balance between protecting children from hardship and equipping them with essential life skills, emphasizing the importance of responsibility, generosity, and financial literacy. Through engaging anecdotes and practical insights, it challenges societal taboos around discussing money with children, offering thoughtful strategies to foster humility, patience, and gratitude. A compelling guide for parents seeking to raise well-rounded, empathetic individuals in today’s complex world.

Resumen del libro

Ron Lieber, in addition to writing the Your Money column for the New York Times, is the author of three bestsellers, including Taking Time Off.

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Todos los bocados

6 Bites

Raising Grounded Kids in a Privileged World

Answering Kids' Money Questions with Honesty

Raising Money-Savvy Kids Through Allowances

Teaching Patience Through Balanced Parenting

Raising Resilient Kids Through Work and Wisdom

Raising Compassionate Kids Through Generosity

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