DUMPING FISH VS. TEACHING HOW TO FISH
IT’S ABOUT GIVING OUR KIDS A HAND UP, NOT A HANDOUT
We’ve all heard the adage, “Give a man a fish, and you feed him for a day. Teach a man to fish, and you feed him for a lifetime.”
In the late 20th century, author Jim Stovall wrote “The Ultimate Gift,” in which he weaves a tale that illustrates the destruction that can come from dumping wealth in children’s laps. He contrasts this with the transformation that can come from requiring heirs to put some of their own “skin in the game.”
In our decades of work with thousands of clients, we have witnessed the temptation for well-intentioned parents — particularly those with substantial financial means — to “dump” fish in their children’s laps, rather than teaching them how to fish. They hand them expensive cars, luxury vacations, and the latest fashions, paving the way for lives of ease. While it’s a natural instinct to want to spare children from hardship, when parents step in to make the way ahead smoother for their children, they often end up stunting them.
With the first-world entitlement that is rampant today, these principles are more timely now than ever.
They’re at the heart of what Doug teaches in his book, “Entitlement Abolition.”
In our work with 3 Dimensional Wealth clients, it’s our hope that we can help parents (and grandparents) help their families truly thrive by teaching them how to fish. It’s why we’ve created tools like the Values & Vision Statement and The KASH Blueprint to help families establish what matters most to them and to incorporate those values into their rules of governance.
Throughout time, wise thinkers have cautioned against this kind of approach.
Download tools that can help teach your family to fish — access Entitlement Abolition Resources today.
In The Bible, the Parable of the Talents addresses the importance of taking personal responsibility to make the most of what one is given.
This holistic approach helps teach children and grandchildren how to lead responsible 3 Dimensional Lives of abundance.
IMPRESS THE GUESTS
The holidays are rapidly approaching, and soon, we’ll share laughs while enjoying the festivities with our loved ones. Before the celebrations begin, you must prepare your home for visitors, especially if they stay overnight. It can be stressful whether it’s your in-laws, best friends, or distant cousins coming to stay with you. You want to leave a good impression, but how do you ensure everyone’s needs are met, including yours? Here are three tips for setting yourself up for a successful holiday, regardless of who stays with you. STOCK UP ON YOUR GUESTS’ FAVORITES Have you ever stayed with someone who didn’t have extra food for their guests? Don’t put your guests in this situation. Load up your pantry, refrigerator, and cupboards with your guests’ favorite foods and drinks. If you don’t know what they are, ask ahead of their visit! Your guests will appreciate your conscientious gesture and have a much more enjoyable time if they can eat their favorites while visiting. PREPARE A GUEST ROOM If your guests are staying with you, you need to prepare somewhere for them to sleep. Make sure you make up the bed, WITH THESE HOLIDAY HOSTING TIPS
have plenty of pillows and blankets on hand, and provide
adequate closet space for their clothes. Even if they aren’t staying in a traditional bedroom, their sleeping area should still be ready when they arrive. Clear off a table for them to use as a nightstand and put sheets on the couch or mattress where they'll sleep. USE REAL DISHES When we have company over for a meal, especially a large gathering, it’s usually easier to use plastic or paper options — saves on cleanup, too! The holidays are not necessarily the time for this shortcut. Break out the fine china if you have it, or use regular dishes for your guests. It’s okay for the kids to have paper plates, but if you want to make a good impression on visiting adults, nicer dishes will dress up the table setting and meal. When you invite family to stay for the holidays, you have the opportunity to create new traditions that will last for generations. Use this time to share conversations, teach important principles to your young relatives, and make memories that will strengthen your Foundational Dimension.
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