How to Create a Wealth Ethic in Your Kids

A month or so ago, my good friend David made this post - What At Six Years Old - The Basics Of The Internet

The post is about how he has started teaching his six year old daughter about how to create and (as importantly) monetize her website. His daughter has spent her time watching her Daddy use the Internet and his six year old daughter has figured out tht Daddy makes money on the Internet. She wants in (@ six)

So he is teaching his daughter about the Internet, how to create a website and how to make money. Even if her site doesn’t make a dime think about the message. Already David is teaching his daughter the value of creating an asset that creates automatic income and as importantly he is teaching his daughter about the value of taking care of herself.

What a great advantage. David’s daughter will have over other children. Just imagine she grows up with the attitude that she has to create her own wealth, that she doesn’t have to depend on anyone, not the government, not an employer, she grows up believing from the time she was 6 that she can create her own income, her own automatic income and future wealth. What a gift to give to you child. What an unbelievable start she will have.

Kudos to David and his daughter and much success. So, here is the question, What are you teaching your children? Are you teaching them about assets and wealth or are you passing on the attitude of dependence. Are you learning more about how to invest and create business and your children are learning with you? Are you giving them the gift of freedom, the gift of financial independence? If not start her, every week I try to write about financial success, wealth creation and business creation. Subscribe to this blog and start you and your family on the road to financial success.