Smart Money Parenting

Why is integrity important? What do your kids do when no one’s watching? In this episode, Scott Donnell and Chad Willardson discuss why integrity is an important trait in kids. They cover ways parents can teach their kids character and ensure they take responsibility for their actions, especially when nobody's watching. Chad starts the conversation by sharing a sad situation where two young adults...

How often do you high five your kids? In today's episode, hosts Scott Donnell and Chad Willardson discuss the benefits of recognizing and celebrating your children's accomplishments, big or small. They also cover why you should praise their efforts and encourage them to pursue their interests and passions. Chad starts the conversation by describing how much morale you can boost in your home by hav...

Are you a connected family? What is the importance of strong family ties? In today's episode, hosts Scott Donnell and Chad Willardson discuss ways parents can give their kids roots and wings. Roots - give them a sense of belonging and knowing where home is. Wings - give them the freedom to explore and conquer the world. You want them to stay rooted in your family culture, but you also want them to...

What is the difference between wealthy and rich? In today's episode, hosts Scott Donnell and Chad Willardson discuss the differences between being wealthy and being rich, as well as how kids can learn to differentiate between the two. Scott starts the discussion by describing how true wealth differs from being rich. Chad doesn't particularly like the term "rich" because owning a bunch of status sy...

Can kids learn about sales without being sleazy? In today's episode, hosts Scott Donnell and Chad Willardson discuss why parents should stop telling their kids that selling is sleazy. They also reveal the sales skills every kid must learn and why sales is not about tricking people into giving you money. Scott starts the conversation by describing his definition of sales and why most people dislike...

What does the future of education look like? In today's episode, hosts Scott Donnell and Chad Willardson discuss how education is slowly moving online and ways parents and kids can use the internet to learn skills necessary for succeeding in the real world. Chad and Scott start the discussion by describing how the internet will change education as we know it. For Scott, education should be about k...

What is the secret to raising exceptional kids? In today's episode, hosts Scott Donnell and Chad Willardson discuss the necessary parenting skills to raise Rockstar kids. From fostering a supportive environment to cultivating discipline, creativity, and resilience, the duo uncovers the secrets behind empowering young minds to shine like true stars. Chad and Scott start the conversation by describi...

What are you most afraid of when it comes to raising your kids? In today's episode, hosts Scott Donnell and Chad Willardson go through the five nightmares all parents have with their kids. They cover the foundation of healthy parent to child relationships, what it takes to raise self-sufficient kids, and why deep down, all kids crave independence. Scott and Chad start the conversation by describin...

Do you know about the Tuttle Twins? If not, what resources are you using to help your kids develop critical thinking skills about real-world concepts? In today's episode, Scott Donnell and Connor Boyack discuss ways parents can explain economics, money subjects, and political principles to kids of all ages. Connor Boyack is the founder and president of Libertas Institute, a free market think tank...

Is having a purpose in life more important than chasing money? In today's episode, hosts Scott Donnell and Chad Willardson discuss why you need to help your kids find their purpose and the financial rewards of chasing purpose instead of money. Chad and Scott start the conversation by talking about their life's mission and why it has never been about making money - all they want is to help parents...

How can you prepare your kids for the real world after leaving the nest? In today's episode, hosts Scott Donnell and Chad Willardson discuss why you must create a home environment similar to what your kids will find in the real world. Scott starts the conversation by describing when and how parents should start preparing their kids for the real world. Chad reveals the most important lesson he lear...

What is the key to developing coachability in your kids? In today's episode, hosts Scott Donnell and Chad Willardson discuss why coachability is crucial for success for both kids and parents. Chad and Scott break down the concept of coachability and why it’s important for a family’s success. The most successful people have coaches. According to Chad, high performers have coaches and view them as a...

Should you be firm with your kids? In today's episode, hosts Scott Donnell and Chad Willardson discuss how being firm and kind to your kids creates mentally strong and successful kids. They cover the best way to say no to your children and how letting your kids solve their own problems turns them into confident, resilient, and well-rounded individuals. Chad starts the conversation by describing ho...

Scott and Chad sit down and discuss how letting your kids scrape their knees is key to their long-term success and overall resiliency in life. Find out why small struggles and overcoming difficult challenges is important to building confidence and how parents that coddle their children prevent them from growing into all they are meant to be. Kids need to run into small obstacles and challenges lik...

How do you set and communicate expectations to your kids? In today's episode, hosts Scott Donnell and Chad Willardson discuss the importance of clarity and setting expectations for kids. They also reveal how ambiguity around expectations creates anxiety and chaos for your kids. Ambiguity creates anxiety, but clarity creates confidence in kids. For Scott, you need rules and systems to run a functio...

Want to know how to raise your kids to become value creators? In today's episode, host Scott Donnell sits down with Lee Benson and Kary Oberbrunner to break down Lee and Scott's new book Value Creation Kid: The Healthy Struggles Your Kid Needs to Succeed. Financial competency is the biggest gap in education because it's not taught in schools or at home. For Lee, smart money parenting is about crea...

Do your kids know how much money you make? In today's episode, hosts Chad Willardson and Scott Donnell sit down with Shannon Waller from Strategic Coach to discuss the do's and don'ts of talking to your kids about the amount of money you make. Scott and Chad reveal how they talk to their kids about money and the benefits of creating value in the world. What are unique abilities? According to Shann...

Is homeschooling better for your child's development? In today's episode, hosts Chad Willardson and Scott Donnell sit down with Kary Oberbrunner to discuss the pros and cons of customized learning and its impacts on your child's future success. Scott and Chad start the discussion by breaking down the benefits of personalizing your child's education based on their strengths, needs, skills, and inte...

Scott and Chad sit down and discuss why complimenting your children is a great way to build their self-esteem and confidence, and give you a list of 17 compliments that you can use as a parent to completely make their day. Chad’s brother-in-law is a pediatrician and he saw that kids suffered greatly during the past two years of the pandemic. Children were lonely and scared, and were self-harming a...

What is the best way to talk about finances in a marriage? In today's episode, hosts Chad Willardson and Scott Donnell discuss the money conversations couples should have in a marriage. They break down simple ways to talk about money with your spouse and the essential questions you must ask your partner to understand their money mindset. Money conversations in marriage and the topics you should di...

Scott and Chad sit down and discuss the intricacies of parenting with Dan Sullivan, a renowned coach and mentor to thousands of people around the world. Dan talks about the history of parenting and why we are in the middle of a tremendous cultural shift and why Gravystack will change the world. Dan’s role model for his later years has been his father, who had his best business year at the age of 8...

Children need to experience healthy struggles to realize their full potential. Scott and Chad discuss how to create smart, successful, confident children by allowing them the space to overcome challenges in their own lives. The impulse to give your children all the things you never had as a kid comes from a good place, but it can prevent them from growing in the ways they need to. As parents, it’s...

Your relationship with your children is going to be the foundation for everything you do. If you try to enforce rules without having a strong relationship first, you end up with rebellion and strife. Listen in to Scott and Chad talk about how to develop trust with your children and why being a safe but firm authority figure is the foundation of a healthy relationship. Chad tells the story of how h...

How do we raise children that have more than we did, but don’t become spoiled rotten along the way? In this episode, Scott and Chad discuss their philosophies on raising children, and also making sure children stay grounded, smart, and grateful for what they have, with a foundation of personal finance before they graduate high school. The overlap of Scott’s and Chad’s books create the foundation f...

Should you split finances in marriage? In today's episode, hosts Chad Willardson and Scott Donnell discuss the benefits of being honest and transparent about finances in a marriage. They go through practical ways to talk about money with your spouse and how financial dishonesty destroys intimacy. Scott starts the conversation by explaining how raising smart money children requires input from both...