Digital Social Hour
From Anxiety to Success: Raising Unshakeable Kids | Scott Donnell DSH #934
29 Nov 2024
From Anxiety to Success: Learn powerful strategies for raising unshakeable kids in today's challenging world! 🌟 Scott Donnell shares game-changing insights on building lasting family legacy and preventing anxiety in children. Discover why heritage matters more than inheritance and how to raise confident, capable children who will surpass your achievements. Scott reveals why traditional allowances and chores might be holding your kids back, and shares a revolutionary approach to teaching financial competency and life skills. Learn why technology and screen time are reshaping childhood, and get practical solutions for protecting your children's mental health. Scott shares his proven "Family Economy System" that cuts child-raising costs in half while building unshakeable confidence and real-world capabilities. Get ready to transform your parenting approach with powerful insights on: - Building lasting family legacy - Teaching real financial competency - Preventing anxiety and entitlement - Creating value-driven children - Developing unshakeable confidence - Protecting kids from technology addiction Join us for this eye-opening conversation that will revolutionize how you think about raising successful, confident, and capable children. Perfect for parents who want their kids to thrive in today's challenging world. #ParentingTips #RaisingKids #FamilyLegacy #ChildDevelopment #ParentingAdvice #FamilyValues #FinancialLiteracy #Parenting #parentingjourney #financialeducation #financialeducationservices #resilientchild #financialwellbeing CHAPTERS: 00:00 - Intro 01:48 - Heritage vs Inheritance 07:01 - Chores vs Life Skills 08:01 - Day Trading: Entitlement and Victimhood 16:42 - Impact of Phones on Family Dynamics 20:10 - Screen Time Effects on Children 23:52 - Understanding Family Economy System 25:07 - Children's Business Fairs 27:18 - Mental Health Industry Insights 32:50 - Encouraging Emotional Openness in Kids 34:40 - Respect Between Kids and Parents 42:00 - Cultural Perspectives: Asian Parents 44:14 - Parenting Discipline Strategies 45:31 - Where to Find Scott 45:50 - Getting Involved in Parenting Program 46:02 - Outro APPLY TO BE ON THE PODCAST: https://www.digitalsocialhour.com/application BUSINESS INQUIRIES/SPONSORS: [email protected] GUEST: Scott Donnell https://www.linkedin.com/in/donnell-scott/ https://www.tiktok.com/@imscottdonnell www.youtube.com/@Scottdonnell https://community.dinnertable.com/optin-9706-9096 LISTEN ON: Apple Podcasts: https://podcasts.apple.com/us/podcast/digital-social-hour/id1676846015 Spotify: https://open.spotify.com/show/5Jn7LXarRlI8Hc0GtTn759 Sean Kelly Instagram: https://www.instagram.com/seanmikekelly/ Learn more about your ad choices. Visit podcastchoices.com/adchoices
Full Episode
blow by them in every way and if you do that three or four generations in a row you have what I call legacy see legacy is not like the Vanderbilts and the you know the Rothschilds and all that kind of stuff there's crazy in those families but legacy is raising kids to blow by you and all the values and skills and mindsets and beliefs and right that's that that's what we all want
All right, guys, we got Scott here from Gravy Stack revolutionizing the game, right? Yeah, man. Love it, man. It's been fun. What you're doing is really important, I think, so I really appreciate someone like you doing. Could you explain, actually, for people that don't know you?
Yeah, yeah. Financial literacy. Actually, I call it financial competency because you can't read money like a book. Literacy is a game that you shouldn't even play because that's why everyone's mad at schools. They think the education, why aren't they teaching our kids critical thinking and practical skills and financial literacy? And I'm like, because you can't homework money. You got to do it.
You have to do it in the real world. And you actually got to earn to learn something. So GravyStack was the app that we built to teach kids and adults really how to be financially competent. And now it's evolved into what we call Dinner Table.
so we changed the name so now it's dinner table and basically it's like coaching for families on how to raise kids to blow by you nice like financial skills family values mindsets the value they create in the world and the depth of relationship in the family right so now it's this whole coaching program and licensing and the app and it's been crazy man that's cool that should be the goal for every parent though the kids should surpass you you know
That's the key. One of the things we teach is heritage over inheritance. This is fascinating because I've spent most of my career studying the best families in the world. Many of these families you'll never know. There's some billionaire families. There's like 100 million, but there's a ton of families that just... They raise kids, grandkids, and great-grandkids to blow by them in every way.
And if you do that three or four generations in a row, you have what I call legacy. See, legacy is not like the Vanderbilts and the Rothschilds and all that kind of stuff. There's crazy in those families. Legacy is raising kids to blow by you and all the values and skills and mindsets and beliefs. That's what we all want. Do it with kids. That's what you want.
Absolutely, because if you can do that three generations straight, I mean, they're going to be deca millionaires. They're going to be super knowledgeable.
And so heritage over inheritance, like if you just die with millions of dollars to give to your kids and you didn't prepare them for the wealth, you didn't prepare them with the mindsets and the ways to create value in the world, you just ruined them. Wow. See, 90% of generational wealth is gone by the grandkids.
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