Do you find yourself making sacrifices in order to give your kids the best of everything? Whether it’s the best school, the best holiday, or the latest pair of jeans, in the long run you may be doing them more harm than good.
Today I reflect on raising children with three skill sets that are necessary for building wealth. These are the same three skill sets that are at risk if you are always giving your kids the best.
In a quest to break free of the cycle of “shirtsleeves to shirtsleeves in three generations”, I explore the questions of how to raise children with a hunger for a dream (and the understanding of what it takes to make those dreams a reality), how to allow them to develop (on their own) the gentle strength that is required to fly like a butterfly, and whether giving your kids the best is always the best idea...
