In The Loop With Andy Andrews

On this week’s episode, I discuss money and the influence it should have on your parenting style.   How does the amount of money you have (or don’t have) affect your parenting style? Obviously both can create issues and both have to do with the thinking of the parents. If you have more money, there are more places you can go or vacation, but that stuff isn’t necessary under the umbrella of “parenting.” Our goal is to raise kids who become great adults. I’ve seen situations where having a lot of money created more problems with kids than situations where money was scarce.    Austin just turned 15, and he was aware at 10 years old that he would be buying his own car.   I’ve talked with him a lot about why it is important for him.  He understands that we are after him having an awesome adult life.    For a child to become a great adult, it’s easier to reach your potential if you have the confidence that you are capable of doing things yourself.  That will give you some pride (not in the egotistical way).  A