Issue #24
“What Are We Teaching Our Children?”
December, 1999

How wealthy people help their children (and the children of those around them) cultivate financial values, vision, and integrity. A parent muses about her 12 year-old multi-millionaire, wondering how much to tell when; others describe knowing the values they want to convey and understanding kids may walk away with a different understanding. Parents wrestle with the humbling responsibility of being a good role model. Others engage willing youngsters in money-management activities and give kids lots of practice managing smaller amounts of money. Many parents act on their understanding that talking about money empowers the family to be responsible about its wealth.