• The Secret To Success - Compounding Consistency

  • Feb 24 2024
  • Length: 16 mins
  • Podcast
The Secret To Success - Compounding Consistency  By  cover art

The Secret To Success - Compounding Consistency

  • Summary

  • Scott Donnell and Chad Willardson focus on the principle of consistency, emphasizing its importance in both smart money parenting and investment. They emphasize that consistency helps children form crucial habits that define their character and worldview over time. They also dissect how consistency is key in nurturing investment, relating it to compound interest. With a wider perspective, they extend the analogy of consistency in investments to other life areas like health, academics, and daily routines. The duo insists the cruciality of unstinting practice and maintaining habits from a young age, emphasizing how it compounds over time, proving highly beneficial in the long run. The narrative also dissects the applications of consistency, explaining it as a strategy to guide children’s behavior in multiple contexts, like nutrition, physical activity, and carrying out chores. On a concluding note, the assertion is made that kindness should be practiced consistently as well.

    00:00 Introduction to Smart Money Parenting

    00:44 The Importance of Consistency in Parenting

    01:34 Consistency in Home Routines

    02:56 The Power of Consistency in Skill Development

    05:05 Consistency in Investing and Financial Education

    09:47 The Impact of Consistency on Personal Growth

    12:22 Consistency in Daily Habits and Routines

    13:19 The Long-Term Effects of Consistency

    15:08 Consistency in Kindness and Final Thoughts


    Additional Links

    Want to take your family and your finances to the next level? Schedule a call with Dinner Table today.

    ⁠https://scott.dinnertable.com/book⁠

    Download the Gravy Stack App for FREE (iOS)

    ⁠https://apps.apple.com/us/app/gravystack-gamified-banking/id1635188175⁠

    Download the Gravy Stack App for FREE (Google Play)

    ⁠https://play.google.com/store/apps/details?id=com.gravystack.gravystack&hl=en_US&gl=US⁠

    Chad’s Best Seller Book:

    ⁠⁠Smart, Not Spoiled: The 7 Money Skills Kids Must Master Before Leaving the Nest⁠⁠

    Scott’s Best Seller Book

    ⁠⁠Value Creation Kid: The Healthy Struggles Your Children Need to Succeed⁠⁠

    Socials

    Scott Donnell on LinkedIn - ⁠⁠linkedin.com/in/donnell-scott⁠⁠

    Chad Willardson on LinkedIn - ⁠⁠linkedin.com/in/chadwillardson⁠⁠

    Scott Donnell on Instagram - ⁠⁠@imscottdonnell⁠⁠

    Chad Willardson on Instagram - ⁠⁠@chad.willardson⁠⁠

    Scott Donnell on TikTok - ⁠⁠@imscottdonnell⁠

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