Saturday, May 19, 2007

Talking to Your Kids About Building Wealth

The primary task of parenting (besides loving, of course) is preparing your kids for independence. You teach them about life and give them the tools and the wisdom to make the most of their talents and their opportunities.
It's easy when they're young. "Look both ways before crossing the street." "Study hard." "Do your best." But as your kids get older, the issues get more challenging -- sex, drugs, and alcohol come to mind -- and the conversations get a lot more difficult.
Yet too few parents are having the one conversation that's vitally important to their children's future, and which -- when compared to talks about sex or drugs -- is surprisingly easy to begin: The one about building wealth.

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