Thanks so much for coming by to check out Episode 78 of The New Family Podcast, a compelling case for spending less money on our kids.
What if you’re spending money on all the wrong things? My guest on this episode believes that less is more in almost every area in which parents are bleeding cash. Brett Graff, who goes by the moniker, “The Home Economist,” is a former U.S. Government economist and a nationally syndicated columnist whose work appears in over 400 media outlets including The Miami Herald and the Chicago Tribune. She has a new book out called Not Buying It: Stop Overspending and Start Raising Happier, Healthier, More Successful Kids. Her research shows that we’re going broke paying for stuff that we think will give our kids a leg up in life or make them safer in some way, but that actually has the opposite effect. She also shares surprising research that shows how neither a bigger house nor a private-school education makes for happier, more successful children.
Here are some great resources related to my discussion with Brett.
Brett’s Favourite Parenting Advice
“These kids are on loan. You only get them for 18 years. So you really have to be careful with how you treat them. You didn’t have them to beat out the competition from another family.”
Sponsor for this Episode:
This episode is brought to you by Wise Bites, makers of healthy, allergy-safe snacks that are great for the whole family and perfect to send to school. To get free shipping on a case, go to wise-bites.com and use promo code THENEWFAMILY at checkout!.
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