I wish I had known earlier about how to teach my kids how to manage money in a powerful way. I only have one child right now, but I know that we are going to have more. The Elevation Group with Mike Dillard has given me some pretty good insight as to how I will be able to teach my kids wealth management and growth that will be around for a long time.
We have all seen those awful people that inherited a fortune. I am sure that their parents did not intend for their kids to waste away the fortune that they had worked their whole lives to build up. They problem is, of course, that they did not have to do anything for the money they were given.
There are literally thousands upon thousands of examples of wasted and squandered fortunes, gone in a few years. Winners of the Lottery fall victim to this very same thing on a regular basis. Everybody believe that they will be immune to the same temptations, but it still happens over and over.
Howcome?
They simply have no education in wealth management, and they certainly have never learned how to grow wealth over time.
Mike Dillard and The Elevation Group expose some good ideas that I had never really given enough thought before. It’s nice to know that I will be able to help my children grow up to be responsible with their money. At the same time their kids will also be taught the same wealth management skills that I have taught them. Nice to know.
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This post was written by SBR_Assistant on January 14, 2011
