Over the course of researching my new book, Thriving in the 21st Century, I sometimes got depressed when seeing all the indications that our kids will have to live very frugally in order to make it financially.
Don't get me wrong, I'm pretty frugal myself, but it's a choice I've made. I don't like to think my kids may be forced to live that way.
This interview with John Robbins is a great reminder that the attitude we take when we teach our kids to be money-smart is all important. Robbins' father was one of the original owners of Baskin-Robbins, and extremely wealthy. When he was a young man, Robbins chose to strike out on his own, renouncing his monetary inheritance and living very simply. He describes all the good things that happened because of that decision in his recent book, The New Good Life.
If we can raise our kids to live simply and be happy about it, we will have given them a great gift.
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