Wealth can open doors, but it can also close off growth if the next generation isn’t prepared for struggle, purpose, and perspective.
The real challenge isn’t creating wealth, it’s preparing your children to handle it with character and meaning.
In this episode, host Brady Fineske speaks with executive coach and former psychotherapist John Cunningham, M.A., about helping families build resilience and purpose across generations. John explains how to prevent “inheritance waiters,” how to guide children through transitions, and how to measure maturity through his “Four R’s” framework.
Key Takeaways:
- The danger of raising “inheritance waiters”, children waiting for wealth instead of creating their own path
- Why parents’ desire to make life easier for their kids can backfire
- How to ask the question: “What evidence do you have that your wealth helps, not harms, your children?”
- The “Four R’s”, restraint, respect, reverence, and reciprocity, as tools to gauge character development
- How storytelling and shared family activities can pass down values more effectively than lectures
- And more!
