{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Why Family Councils Matter: Bridging Wisdom Across Generations","description":"Episode Summary In this episode of the Prosperity Podcast, Spencer Shaw and Kim Butler explore the growing disconnect between generations around money\u2014and how multi-generational family councils can close that gap. As younger generations feel priced out of traditional milestones and turn toward speculative \u201cinvestments,\u201d Kim explains how wisdom, structure, and conversation can replace gambling with perspective. Through stories, practical examples, and simple exercises, this episode shows how intentional dialogue\u2014across all ages\u2014creates financial clarity, resilience, and shared progress over time. Links &amp;amp; Resources   For resources and additional information of this episode go to https:\/\/prosperitythinkers.com\/podcasts\/   http:\/\/prosperityparents.com\/&amp;nbsp;    https:\/\/storage.googleapis.com\/msgsndr\/yBEuMuj6fSwGh7YB8K87\/media\/68e557c906b06d836d9effad.pdf&amp;nbsp;   https:\/\/www.youtube.com\/@KimDHButler     Keywords Family councils Multi-generational wealth Financial wisdom Gambling vs investing Legacy planning Perspective and progress Unstructured time Intentional conversations Financial education Perpetual Wealth Episode Highlights 00:00\u201301:20 - Market volatility, younger generations, and the rise of gambling behavior 01:20\u201301:54 - Small dollars, limited choices, and speculative traps 01:54\u201302:35 - How wisdom reframes opportunity through perspective 02:35\u201303:06 - A trust fund story: when \u201cinvesting\u201d crosses into gambling 03:06\u201303:52 - What family councils really are\u2014and what they can look like 03:52\u201304:28 - Boards of directors, mentors, and shared wisdom spaces 04:28\u201305:22 - Four generations, shared learning, and mutual contribution 05:22\u201305:52 - Why unstructured time matters more than formal meetings 05:52\u201306:32 - What younger generations bring to the table 06:32\u201307:22 - Asking better questions across generations 07:22\u201308:21 - Simple exercises to start family conversations 08:21\u201309:22 - Weekly cadence, progress, and momentum 09:22\u201310:36 - Baby steps, resistance, and moving forward anyway 10:36\u201311:45 - Purpose, progress, and why scheduling matter ","author_name":"The Prosperity Podcast","author_url":"https:\/\/prosperitythinkers.com","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/40015095\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/88AA3C\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/content\/198285025"}