Reframing Capital

Reframing Capital is an idea inspired by a simple question.

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In Episode #5 of the ​50 Fires​ podcast, host Carl Richards wraps up the episode by asking guest (and co-Producer) Chip Gaines the following question:

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“Let’s pretend 20 years from now I’m still doing this show. And your 5-year-old son (who would be 25 at that time) comes on as a guest, and I ask him what money means to him. What would you hope he would say?”

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Maybe it’s because Chip’s son and my son are only several months apart in age, but that question planted itself in the back of my mind for several weeks. As a result, Reframing Capital was formed as a personal response to the question: “What do you hope your kids would say about money 20 years from now?”

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Quite frankly, I don’t know that I’ll ever have a definitive, singular statement for how I hope they would answer that question.

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However, a good starting point for me is to redefine capital’s meaning with the premise that we have far greater resources to spend/save/give/invest/steward than just money.

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In a way, I hope to reframe what capital is instead of capital framing who they are or who they become.