
In "The Opposite of Spoiled," NYT columnist Ron Lieber reveals why money conversations create grounded, generous kids. This Wall Street Journal bestseller challenges conventional parenting wisdom with a counterintuitive truth: talking about finances doesn't spoil children - it's the secret to raising financially brilliant ones.
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"Daddy, are we rich?" It's the kind of question that makes every parent freeze. You can feel your heartbeat quicken as you search for the right words. Too much information might sound like bragging. Too little might seem evasive. And lurking behind that innocent inquiry is something deeper - a child trying to understand their place in the world. This uncomfortable moment is exactly where real parenting begins. Money isn't just about dollars and cents - it's a lens through which children learn about fairness, hard work, generosity, and gratitude. In an age where college costs six figures, social media fuels constant comparison, and economic inequality shapes daily life, our silence about finances does more harm than good. When we treat money like a shameful secret, children don't stop wondering about it. They just fill the void with playground rumors and internet searches. Today's children face a financial landscape their grandparents couldn't imagine. They scroll through Instagram seeing curated lives of abundance. They'll graduate into a world where pensions are extinct and healthcare is a personal responsibility. Yet most families maintain an odd code of silence around finances, as if discussing money will somehow corrupt innocent minds. This fear backfires spectacularly. When teenager Jacob Swindell-Sakoor addressed a room of educators, he asked a piercing question: "How can we be the future if you're not going to teach us about money, which is our future?" He's right. Avoiding financial conversations doesn't protect children - it leaves them vulnerable and unprepared. Consider what parents fear most: raising a spoiled child. It's the descriptor that haunts us more than "mean" or even "cruel," because being spoiled reflects directly on our parenting choices. Spoiled children share predictable traits - few responsibilities, minimal rules, excessive parental assistance, and abundant possessions. But here's the revelation: every characteristic of an unspoiled child - patience, generosity, perseverance, curiosity - can be taught using money as the vehicle. The allowance system teaches delayed gratification. Charitable giving teaches compassion. Work teaches grit. Rather than corrupting values, money conversations become the training ground where character develops.
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