logo
episode-header-image
Jun 2024
1h 51m

How the Wealthiest Families Teach Their ...

Lewis Howes
About this episode

In today’s episode, we have the incredibly insightful Scott Donnell joining us. Scott has spent over a decade studying more than a hundred multi-generational high net worth families, uncovering the secrets to building and maintaining wealth that lasts. In our conversation, he shares powerful lessons on why focusing on heritage over inheritance is crucial, how to instill the right financial values in our children, and the impact of money on our mental health and relationships. Get ready to learn practical strategies that will transform the way you and your family approach money.

Join Scott and the Dinner Table Community

In this episode you will learn

  • The difference between heritage and inheritance and why heritage is more important.
  • Strategies to teach children about value creation and financial responsibility.
  • The impact of money on mental health and relationships.
  • How to heal from money traumas and develop a secure attachment to money.
  • The significance of generosity and stewardship in creating a lasting legacy.

For more information go to www.lewishowes.com/1626

For more Greatness text PODCAST to +1 (614) 350-3960

More SOG episodes we think you’ll love:

Dr. Becky Kennedy – https://link.chtbl.com/1586-pod

Robin Sharma – https://link.chtbl.com/1599-pod

Up next
Jul 7
The Jonas Brothers Reveal THE TRUTH Behind Their Breakup & Comeback
Leave an Amazon Rating or Review for my New York Times Bestselling book, Make Money Easy!The Jonas Brothers arrived in the SOG studio carrying 20 years of wisdom about surviving fame, failure, and brotherhood in the music industry. Kevin, Nick, and Joe open up about their darkest ... Show More
1h 17m
Jul 4
Navy Seal's 3 Rules for Leadership, Overcoming Near Death Experiences & Breaking The Victim Mentality
Leave an Amazon Rating or Review for my New York Times Bestselling book, Make Money Easy!Today’s guest is Retired U.S. Navy Lieutenant Jason Redman. He’s a sought-after speaker, leadership coach and best-selling author of the books, “The Trident: The Forging and Reforging of a Na ... Show More
1h 37m
Jul 2
Use This Mindset Shift To Set You Free Financially
Leave an Amazon Rating or Review for my New York Times Bestselling book, Make Money Easy!The relationship between money and happiness isn't what most people think it is - and Brand Builders Group CEO Rory Vaden proves this through a masterclass that reveals why scattered revenue ... Show More
1h 5m
Recommended Episodes
Apr 2023
How To Master Your Money and Live a Rich Life | Ramit Sethi
Why is talking about money so taboo? How does money affect our relationships? What role does psychology play in personal finance? Can you master your money?Ramit Sethi, a personal finance expert and best-selling author, joins the podcast this week to share his insights on the psy ... Show More
1h 25m
Jun 2024
SOG EP 1626 BONUS: ATTENTION Parents: Social Media Is SHAPING Your Child's Identity! (Here's What To Do)
Have you listened to the FULL EPISODE yet?"If you don't give your kids an identity of what it means to be in your family, they will find that identity somewhere else in the world."-Scott DonnellIn this eye-opening episode, successful entrepreneur and dedicated family man Scott Do ... Show More
6m 43s
Nov 2023
471: The Secret to Saving More, Spending Less, and a Perfect Credit Score
Building wealth, saving money, getting rich—it’s much more straightforward than most people think. You don’t need to be a financial expert or millionaire to know what you should do with your money. But if you’ve found yourself in a spot where saving and investing just isn’t happe ... Show More
48m 44s
Jan 2023
Creating a Financial Plan That Lasts
Are you ready to take control of your financial future? Welcome to The Real Estate InvestHER Show! In this episode, we have the legend, Sharon Lechter. Sharon Lechter is a financial literacy expert, keynote speaker, and business mentor. She is a 5-time New York Times bestselling ... Show More
55m 39s
Sep 2021
The 6 Step Method to Jumpstart Your Wealth Journey & Maintain It
I think the burning question we all have is how to build sustainable wealth. Building wealth is great, but maintaining it and sustaining it is a whole other conversation. Look at the statistics behind lottery winners. According to the National Endowment for Financial Education, a ... Show More
38m 51s
Oct 2023
Unraveling Your Money Mindset: Scarcity vs Abundance
I'm excited to bring you another episode that's going to make you think! In this one, we're diving deep into a topic that affects every single one of us: money. 🤑The way we see money is often a reflection of our mindset, and it goes beyond just finances. If you're struggling wit ... Show More
18m 14s
Feb 2024
2630: Good Financial Habits You Learn from Being in Debt by Good Nelly with HelloBrownlow on Budgeting, Value of Money & Frugal Living
Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com.Episode 2630:Good Nelly, writing for HelloBrownlow.com, highlights the transformative power of overcoming debt and how it can instig ... Show More
9m 57s
Apr 2023
401: The Post-Passing Plan: 3 Steps to Protect Your Family’s Financial Future
How important are beneficiary designations? What happens if you die without a will? What are intestate succession laws? Death is a subject that most people want to avoid, especially when it intersects with finances. Unfortunately, these are necessary questions to ask, as your leg ... Show More
58m 23s
Mar 2023
397: Estate Planning, Wills, and What to Do NOW to Protect Your Heirs
Financial freedom allows you to do what you want, when you want, and with who you want. But it’s not just for lounging in hammocks or jet-setting around the world. When tragedy strikes, a sudden loss occurs, and you need time to spend with your family, friends, and loved ones, fi ... Show More
47m 9s
Jun 2020
From $200K in Debt to $240K in Retirement Income: How to Build Your Wealthy Garden | John Soforic
How do you transform your life? I say this about a lot of podcast episodes, but this is an all-time favorite.Dr. John Soforic teaches us in his new book, The Wealthy Gardener, timeless money success principles, and the lessons you need to know to plant money seeds and change your ... Show More
43m 44s