I’ve been thinking a lot lately about kids and money. I grew up dirt poor, in a family where money was an uncomfortable and off-limits topic. Wealthy people were considered selfish and bad. Image
We have 4 kids 12-20yrs old and are constantly grappling with where to place the line between spoiling and empowering.
I used to think if I gave my kids too much I was taking away their ability to learn the value of a dollar and how to fight for what they want/need in life.
Over time I’ve moved towards a generosity mindset with them. I want my kids to see themselves as worth-it and valuable as humans. I want them to experience the world and be comfortable both sleeping on the floor a dirt floor house in a slum and also at a 5 star restaurant.
I’m not trying to throw out some needlessly controversial opinions here, just sharing a bit about the honest struggle of parenting and trying to find balance while also figuring out how to shake off the unhealthy money lessons that got passed down.
For some reason money seems to be the thing that gets right past all of my defenses and makes me go right back to old habits without realizing it.
I’m more concerned of late with teaching good money/power management thinking to my kids than holding back from them.
I want me kids to become so much more than I’m capable of becoming.
All that to say, where do you draw the line with your kids? What lessons do you intentionally teach and which do you just allow life to teach over time?

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More from @Levijameshere

2 Nov
Hey new parents. It’s me your future self. Go open a 529 account and put a painful amount of money in there. You don’t need a $1000 stroller, you need a college fund.
Ok, so thanks for all the DMs and replies. Hearing you all loud and clear that 529's are not the only option out there, and also it's cute how many many of you think you are going to beat the market 100% of the time.
I wholeheartedly disagree! I want my kids to have options for college, and I don't want to be stressed about it. Put money away in a great 529 plan when they are born and let it ride.
Read 4 tweets
1 Nov
I can't believe we are actually doing this... Feels totally surreal. But Harbor Captial shut down our new investor signup portal today. Instead, we are moving to a waitlist system. We hope to begin adding new investors again sometime in 2022.
We strive to onboard investors with a high-quality process and doing so for hundreds of new investors each month has been using too much of the Harbor Capital team's time and taking away from managing our deal pipeline.
While a large investor pool is simply fantastic🚀, we already have a far larger list than our current deal flow can accommodate, and we are going to keep our energy focused in the right areas at the right time as we grow Harbor Capital.
Read 4 tweets
29 Oct
I’ve been captivated/fascinated with the idea of creating a new podcast for the real estate Twitter community with a build-in-public model.
I’m thankful (and a bit overwhelmed) with the response to my post this week about the search for a podcast co-host. Having not been able to keep up with messages, I figured we would add a fun twist to the next step in this journey.
I thought @camp4’s idea to do a trial episode with potential co-hosts was great. To make it even more fun we are going to do a competition in here so that we won’t miss out on any great people who might get overlooked.
Read 8 tweets
26 Oct
A few interesting facts about the state of industrial leasing in America:
Prologis, a real estate investment trust based in San Francisco, reported that its portfolio was 98% leased in the third quarter and projected that rents in the United States would increase 19% for the year, after jumping 7% in the third quarter alone.
First Industrial Realty Trust Inc., a Chicago-based REIT, said nearly one-third of its tenants with leases up for renewal in 2022 have already extended their contracts at rental rates averaging 23% higher than current rates.
Read 6 tweets
26 Oct
Alright, I am back on the search for a real estate podcast co-host. @seandsweeney made a tough/right choice considering his workload and is not going to jump in as a co-host. I made a lifelong friend while working on this with him and am truly thankful for him.
I need your help finding someone who is the right fit. Looking to create a fun, irreverent, entertaining, real estate-focused, podcast where we brainstorm new ideas and track with operators and investors who are doing great things.
Anyone have any ideas for me? Looking for someone who is accomplished in real estate, and brings their own dynamic force to the table as we partner up to create something truly special. Help me out by sharing, and replying with names of great people who should be on my list.
Read 4 tweets
23 Oct
Last year I realized I was terrible at asking questions. I knew it was a major key to success but was too wrapped up in my own mind.

So I spent a year trying to learn how to inquire well and listen better.

I found these 10 questions that change everything. 👇
What assumptions are we making that need to be tested before trusted?
What are the immovable objects in this issue? Are they really immovable?
Read 11 tweets

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