This is one of the greatest common sense articles I have read on parenting children in affluent families.

Matthew McConaughey and his wife are doing it right. No psychobabble idiocy but sensible, logical, common sense that works.

I have worked with affluent families for 30 years and McConaughey knows of what he speaks.

His advice to HNW families is refreshing and powerful. “At the same time, we want our children to own the affluence that we have,” he said. “Don’t do any false modesty like, ‘No, my mom and dad aren’t… Yes, we are! Keep your chin high! When someone says, ‘I bet you live in a big house, don’t get shy.’ Don’t feel guilty about that. Own it.”

He knows his children as individuals and can clearly articulate their innate strengths. He believes that they need to deal with live and develop their own talents to find purpose.

He asks an incredibly powerful question, “…how do we give our children the right amount of resistance to be autonomous individuals? Because if we’re saying ‘yes’ all the time and going, ‘Yeah, just use all this influence. That’s who we are. That’s how life is,’ we’re doing them a disservice.”

Money cannot buy purpose. It cannot cure boredom. I have worked with families who can and have given their children every opportunity and provided every distraction with tragic results. Allowing or pushing children to handle boredom is the best opportunity for children to get creative, discover talent, become resilient to substance abuse, give to others and become autonomous adults.

The interview continues to talk about how to deal with “bullying” and sibling rivalry. He is so practical and should be given an award for his approach with his sons.

I encourage you to take the time to read the article and digest it. It is worth millions of dollars in terms of wisdom and better than any mental health you could ever hire.

Here is the link.

I encourage you to go and watch my interview with Patrick Bet David. The two videos have had over 255,000 views on Youtube. Here is the link.

Give me a call if you or your family needs help. (425) 492-4300

Mark Demos