Look at this photo from Friday’s New York Times:
My parents are in the New York Times in an article called “How to Raise a Financial Wizard,” and I could not be prouder.
Funny backstory: it was originally titled “How to Raise a Financial Guru” as you can see from the NYT URL, but apparently it could seem politically incorrect to have “guru” next to my dad’s turban. So the title was changed. HAHA
As you know, my parents had a huge influence in my life. Much of what I teach on IWT, I learned from them. No, they didn’t teach me about automation or peer-reviewed psychology studies, but they modeled much of what came to later become IWT. For example…
- When my dad took a week (yes, a week) to negotiate for a car, then demanded free car mats at the last minute, I learned about asking for what you want
- When my mom and dad would tell me to “Just write it up…what’s the worst that can happen?” I learned about taking risks for uncertain reward
- When I watched my parents raise 4 kids on one income, I learned what Conscious Spending really meant
I also learned a lot about behavior, marriage, and gender roles from them. How many of us have invisible scripts about money that are directly traceable to our parents?
Maybe we believe that a man should be the primary breadwinner. Or that a husband and wife should both earn equally. Or something totally different.
Let’s share our best stories.
First, read the article about my parents in the New York Times. I’m so proud of them, and I want you to see what kind of influence two people can have.
Next, tell me what you learned from your parents about money and gender roles. (Feel free to comment anonymously, if you want.) Share your best realization — did you agree/disagree when you were a kid? What changed when you grew up? Will you behave the same way your parents did?