My wife and I welcomed our first little girl into the world last year.
These days all she wants to do is sit on my shoulders and yell "dadada" to anyone who will listen.
But, one day, when she needs financial advice, hereโs what Iโll tell her:
These days all she wants to do is sit on my shoulders and yell "dadada" to anyone who will listen.
But, one day, when she needs financial advice, hereโs what Iโll tell her:
โพ Time Freedom
The ability to control your time is the highest dividend money can pay. No career, paycheck, or title is worth sacrificing everything.
The ability to control your time is the highest dividend money can pay. No career, paycheck, or title is worth sacrificing everything.
โพ The Role of Chance
It is easy to believe that our choices determine our wealth and poverty, but itโs even easier to underestimate the role of chance in life.
You should work hard, but realize that not all success is due to hard work.
It is easy to believe that our choices determine our wealth and poverty, but itโs even easier to underestimate the role of chance in life.
You should work hard, but realize that not all success is due to hard work.
โพ The Greatest Risk
Taking a steady job that pays the bills may seem safe, but what other opportunity is passing by?
Remember, the risk not taken is often more dangerous than the risk taken.
Taking a steady job that pays the bills may seem safe, but what other opportunity is passing by?
Remember, the risk not taken is often more dangerous than the risk taken.
โพ No Handouts
Your mother and I will work tirelessly to support your goals and open doors of opportunity. But weโre not going to spoil you.
The value of a dollar is learned through experience.
Your mother and I will work tirelessly to support your goals and open doors of opportunity. But weโre not going to spoil you.
The value of a dollar is learned through experience.
โพ Life is Full of Trade-offs
Everything has a price. The price of a busy career is time away from your family. The price of resilient children is letting them fail.
When you accept this, you will see time, relationships, and freedom as currencies with equal value to money.
Everything has a price. The price of a busy career is time away from your family. The price of resilient children is letting them fail.
When you accept this, you will see time, relationships, and freedom as currencies with equal value to money.
โพ Consistency Wins
Social media won't show you the hours of work and years of discipline that produced the output you celebrate.
Learn to love the daily rhythm. One day you'll look up and all your hard work will be worth it.
Social media won't show you the hours of work and years of discipline that produced the output you celebrate.
Learn to love the daily rhythm. One day you'll look up and all your hard work will be worth it.
โพ True Sucess
True success is when the people who you want to love you, do love you.
That love stems primarily from how you treat people, rather than the number of zeros in your bank account.
True success is when the people who you want to love you, do love you.
That love stems primarily from how you treat people, rather than the number of zeros in your bank account.
โพ Ignore This Advice
Our world is constantly evolving. Your world will be different from mine, just as mine differs from my parents.
So it's fine to ignore this advice. Everyone is unique, and no one has all of the answers.
Our world is constantly evolving. Your world will be different from mine, just as mine differs from my parents.
So it's fine to ignore this advice. Everyone is unique, and no one has all of the answers.
Those are a few reflections I hope to share with my daughter when she asks for financial advice.
What would you add?
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What would you add?
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