The following passage was written by Steve Siebold – Entrepreneur, mental toughness coach, public speaker, and author of ‘How Rich People Think‘. I think it pretty much sums up one of the main lessons I want to get over to children in the Alfie Potts series.
The average family unconsciously passes down the same limiting beliefs they were taught about money from generation to generation. These are the beliefs that have kept families at the same level of financial success for dozens, if not hundreds, of years. The craziest part is these beliefs are rarely, if ever, questioned before they are handed down.
This is sad, but true.
The most financially aware parents teach their kids the truth about money, starting with how misunderstood it is to the general public. They teach them that it’s right to want to be rich; and it’s also possible for anyone who thinks big. World-class parents never manipulate their kids with money or use it as a weapon, lest the child learns to see money as a tool to lord over others. They educate their kids on how to make money by solving problems and enhancing the quality of other people’s lives…..Steve Siebold