RadReads​ - Is generational wealth bad?

Imagine being on food stamps in your 20s. Unable to buy even a cup of coffee.

Then being able to afford the entire coffee shop in your 30s.

This will mess with your head. And make for some tricky parenting.

Is it possible to raise level-headed kids when they live in one of the ritziest zip codes in America?

This week on The Examined Life Podcast, we’re joined by serial entrepreneur Michael Perry.

We ask the question:

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My top 3 takeaways

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​The gift of a difficult path

For those that have followed a difficult path, it’s easy to wish certain parts had been easier. But what if it’s the challenges themselves that fuel your joy for the present?

→ Watch the clip
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How do we get back to our simplest purpose?

Thanks to our phones, we know everything happening in the world at any given moment. We are awash in noise. But how can we find the signal and reclaim our attention? By loving one another.

→ Watch the clip​
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Make family decisions like a business

Making decisions such as where to live or how to financially support your kids seem different than creating a budget or product roadmap. But at their core, some decision-making principles — intuition, discipline and frameworks — are universal.

→ Watch the clip​

From our sponsors:

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My favorite quote: The humility of finality

Why this episode matters to me

Parenting is the most important thing I’ll ever do.

The hard part is the balance between teaching self-sufficiency and my (protective) paternal instinct.

How do I provide for my kids while teaching them the grit and resilience that gave me a good life?

I don’t have the answer yet.

And unlike Michael, I’m pretty sure that I’m not in the camp of “my kids will not get a penny from me.”

But I’m open to fresh perspectives to challenge this thinking.

If you want to dig deeper

If you’re grinding hard — just remember sometimes the juice ain’t always worth the squeeze. I spoke with another successful entrepreneur on not raising entitled kids. Oh, BTW Michael is definitely a Post-Achievement Professional.

Love letters from our fans

“The open relationship podcast was good...it does make me want to communicate better”

Hope you enjoy the episode,

Khe

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