The Value of Teaching

How To Build Wealth To

Your Children

by: Dan CavalliBusiness and Money Strategist

Financial training begins

in childhood. Even the

Bible is in agreement with

this concept as it talks

about training a child in

the way he should go so

that he will not depart from this teaching.

If you talk about building

personal wealth to your

child early on in his life, he

will later thank you for that

because he is sure to

remember your words

when he grows up.

Steps in Building Wealth

The key to imparting

knowledge about wealth

building strategies is to

start at a very young age.

Even at age 4 or 5 when

the child becomes more

aware about the concept of money, buying

and selling, you can teach them how to save

through a piggy bank and tell them the rewards

of having these savings.

You can also teach

them the consequences

on not being able to

save so that they will be

able to picture this in

their minds.

The significance of this

teaching will certainly show

in the way they treat the

money they get. They

would know how to build

wealth by learning how to

spend wisely and set aside money through a

savings plan.

Lazy Guide to Saving Money

Most kids that grew up with this concept do not

have a hard time keeping a steady bank account.

It is embedded in their system already and is part

of their regular routine.

Easy Ways to Save Money Fast

Children whose parents teach them

the right wealth building system

through hard work and

industriousness also have a grasp

of dedication to a certain vocation

or business. You can begin by

merely setting up a lemonade booth

every summer.

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As a parent, you can also

involve your kids if you

have a business. Try

giving them some easy

work and set standards

for them to achieve. This

is one wealth buildingprogram that would train them the value of hard work

and industry. Reward them and ask them to save a

portion of their rewards in their piggy bank.

If they grow up in this

cycle, they will have more

self-control to save some

of their income and do well

at their jobs. Both of these

values will give them the

right mindset in building

personal wealth.

Wealth Building Strategies

– 4 Paths to Long Term Success

Teaching these

concepts will also make

them understand why

you are working so hard

or why you have to

spend so much time in

your business. This concept teaching will also enable

them to become entrepreneurial and not co-

dependent on what others can give them.

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It is easier to establish a wealth building system in

a family that is willing to cooperate with you. That

is why teaching your children how to build your

wealth is a very crucial step not only in their lives

but in the life of your entire family as well.

It is very important to make them

understand the value of money,

hard work and being

conscientious with your savings

so that when they grow up, they

will also implement these wealth

building strategies in their

personal life and their families.

One day, they too will teach their own children how

to build wealth with the concepts that you have

taught them.

You can use all these strategies to

build wealth and improve your life but

it means nothing unless you can build

and sustain it for the long term. Get

my FREE business and wealth

building secrets at:

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Get your FREE chapters here:

www.blueprintformakingmillions.com

DAN CAVALLI’s noted by

the “Financial Review” as

one of Australia’s

“Internet’s Untold

Millionaires”. He is also

the author of the

internationally sold

financial book, "Blueprint

for Making Millions."

About The Author