[formulaT]

I really liked the compassion and care that MMM shows for his kid. In too many articles like this, it's clear that the author cares more that the child adopts the parent's ideology than that the child is actually happy. The goals and methods were moderate: earning one's own money (at an appropriate age), learning to control one's own life (I would add "to the extent possible") and not over or undervaluing wealth.

My only reservation was the artificial 10% interest rate. The current interest rate is 0%. Over the last 100 years interest rates averaged 5%. This is a concern to me because people on the Right tend to fetishize compound interest rates, while MMM seems to focus on true fundamentals.