Ron Lieber column writer for the NYT had a recent article where he probed behind the parents of a couple young finance writers. How to Be Richer, Smarter, and Better-Looking Than Your Parents by Zac Bissonnette and Ramit Sethi, the author of I Will Teach You to Be Rich.
With catchy titles such as these, parents are bound to scoop up these books full of common sense financial practices. So how did these authors turn out to be these semi-financial gurus? Lieber went to ask their parents.
According to Lieber "there were no compound-interest workbooks in any of their homes. Nor was there reading aloud from credit card terms or “The Millionaire Next Door.” But all of the offspring had a visceral memory of a habit or tactic they learned from their parents, which formed the foundation for the advice they give to other young adults today."
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