Are your kids spoiled? Be honest. Could your children be a little more patient and grounded? Today’s guest has written a great book about how to more or less unspoil your child. Ron Lieber is here today. He is the personal finance columnist for The New York Times and new author of the book The Opposite of Spoiled: Raising Kids Who Are Grounded, Generous and Smart About Money.

A few takeaways from the interview:

— Why it’s in some ways harder than ever to raise kids who appreciate the value of a dollar.

— How Ron and his mother hacked the financial aid system when he was in college.

— The free mobile app that can help you transfer money to anyone instantly – at no charge!

If you’d like to learn more about Ron Lieber, visit his website RonLieber.com and follow him on Twitter @RonLieber.

Our favorite quote from the interview: “There were a number of things that we did to…hack the financial aid system.” – click to tweet