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The Opposite of Spoiled
by Ron Lieber
How to raise kids who are smart, generous, and grounded about money. Lieber, the NYT's 'Your Money' columnist, gives parents a framework for talking about money openly — without creating entitled or anxious kids.
Key takeaways
- ★Kids who understand money make better adults with money
- ★Allowance is a teaching tool, not a reward
- ★Answer your kids' money questions honestly — including about your own finances
- ★Generosity is a financial skill that can be taught
- ★The word 'no' teaches as much as the word 'yes'