Praveen AnurajTL;DR – Investing $1 a day is the simplest solution to give our children an early start with compounding. This morning I woke up to yet another awesome letter “The Power of Compounding” from Bob Seawright. The essence of compounding is starting early and not interrupting it unnecessarily. As I was reading Bob’s letter, I […]
Yesterday, my son told us that “All parents lie to their kids”. Me and my wife saw each other and blinked. Neither of us was prepared for this conversation. Here is how it went. Him: I know all the parents lie to their kids. Me: No we do not. Him: Yes you do. The other […]
In the book The Self Driven Child, the authors describe three styles of parenting. Autocratic parents place a premium on Obedience. Permissive parents emphasize the importance of their child’s happiness and attempt to fulfill their child’s desires to make them happy. Authoritative parents are supportive, but not controlling. They want their kids to cooperate because […]