One of the key determinants of wealth from a young age have been the level of influence a person have from a young age. It is not just for wealth but life in general. Subject them to certain negative influence and they learn fast. Before you know it there is no turning back.
While for some people like myself my accidentally turned out to learn the hidden lessons of wealth, parents can do better by following a few tenets of wealth.
Straits Times last week have a good article titled Piggy Back your Way to a Fatter Piggy Bank.
What is great about this article is that the author shared a list of things they implemented through out their children’s life, supporting them along the way
- Their children have piggy banks. The parents matches what they put in whether is 20 cents, 50 cents or $1 on a 1 for ...