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MoneyDad PodcastAuthor: Justin Chung
Are you a parent looking to raise money-smart kids so that you can give them the best shot at taking control of their financial future? The MoneyDad Podcast is dedicated to helping you do just that. Join Justin Chung, as he interviews like-minded parents, successful entrepreneurs, personal finance experts, best-selling authors and educators to share their stories, strategies, tactics and mindset secrets so that you can help your kids build a strong financial foundation and learn good money skills and habits. You'll learn mistakes to avoid, creative ways to explore financial literacy concepts, tips on how to have more money conversations and wealth building and management strategies so that you can teach your kids to win the money game. Hit subscribe to join the conversation and get ready to change your life, and your kids' lives! Language: en-ca Genres: Business, Investing, Kids & Family, Parenting Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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Flint, Not Fire: Raising Kids with Connection Before Correction | Mike McCarthy
Friday, 19 December, 2025
Send us a text#076. What does it really mean to build generational wealth — and how do you pass it on without losing your kids in the process? In this episode, I sit down with Mike McCarthy — serial entrepreneur, co-founder of GoBundance, former leader in the growth of Keller Williams, and author of The Miracle Morning for Parents and Families. Mike has helped scale businesses doing billions in sales, but what sets him apart is how intentionally he applies leadership, discipline, and values inside his own home.At the heart of this conversation is a powerful idea: give kids the flint, not the fire. Instead of simply handing down money or opportunity, Mike explains why parents must focus on preparing the heir — teaching responsibility, stewardship, and self-mastery — long before wealth ever changes hands.We also explore one of the most important parenting principles you’ll hear: connection before correction. Especially with adolescents, Mike shares why maintaining trust, presence, and relationship is the foundation that makes guidance, discipline, and financial lessons actually stick.This episode is filled with practical frameworks parents can implement immediately, including:How to teach financial responsibility through skin in the game, not handoutsWhy you need to prioritize connection before correctionWhy preparing heirs matters more than preparing estatesA weekly family meeting that becomes the operating system for your homeA simple daily routine — CHARMS — to help kids build discipline, confidence, and self-masteryHow to raise money-smart kids without entitlement, control, or burnoutThis is a conversation for parents, entrepreneurs, and leaders who want their success to strengthen their family — not come at its expense.If you’re focused on raising grounded, capable kids and building a legacy that goes far beyond money, this episode with Mike McCarthy is a must-listen.Show notes and more at:https://moneydadpodcast.com/session076Support the show
