If you are reading my blog, you probably want to become a millionaire or you already are one.

If you want to become one, and if you have children, you probably are trying to instill your values in your children – the values that are driving you to want to be a millionaire.

If you already are a millionaire, and if you have children, you may be wondering how you need to raise your children (or maybe your grandchildren) differently than you were raised – because they are being influenced by wealth in ways you weren’t.

To address these questions, I will be writing a series of posts (interspersed with posts on other topics) with ideas on how to raise children to be millionaires.

To see all of our How to Raise a Millionaire posts, click here.

What does developing your child’s entrepreneurial aptitude have to do with raising a millionaire?

Entrepreneurs and people with their own businesses are more likely to become millionaires.

Prince and Schiff in The Middle-Class Millionaire state that the millionaires go where the money is – meaning that they put themselves consciously in the path of money – stock options, commissions, their own business, etc. Frank, in Richistan, indicated that most of the Richistan inhabitants made their money by starting their own companies and then selling them. Stanley, in The Millionaire Next Door, relays that 2/3 of the millionaires interviewed were self-employed.

If your family already has money, and you want to beat the shirtsleeves to shirtsleeves in three generations syndrome – each generation must find ways to contribute to the family’s net worth – they must be entrepreneurial.

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If you are reading my blog, you probably want to become a millionaire or you already are one.

If you want to become one, and if you have children, you probably are trying to instill your values in your children – the values that are driving you to want to be a millionaire.

If you already are a millionaire, and if you have children, you may be wondering how you need to raise your children (or maybe your grandchildren) differently than you were raised – because they are being influenced by wealth in ways you weren’t.

To address these questions, I will be writing a series of posts (interspersed with posts on other topics) with ideas on how to raise children to be millionaires.

To see all of our How to Raise a Millionaire posts, click here. Continue reading →

If you are reading my blog, you probably want to become a millionaire or you already are one.

If you want to become one, and if you have children, you probably are trying to instill your values in your children – the values that are driving you to want to be a millionaire.

If you already are a millionaire, and if you have children, you may be wondering how you need to raise your children (or maybe your grandchildren) differently than you were raised – because they are being influenced by wealth in ways you weren’t.

To address these questions, I will be writing a series of posts (interspersed with posts on other topics) with ideas on how to raise children to be millionaires.

To see all of our How to Raise a Millionaire posts, click here.

I am an elder boomer, child of the Greatest Generation. My parents didn’t know it but they were raising a future investor. Here are some of the things they showed me as I was growing up – things that helped me become what I am.

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If you are reading my blog, you probably want to become a millionaire or you already are one.

If you want to become one, and if you have children, you probably are trying to instill your values in your children – the values that are driving you to want to be a millionaire.

If you already are a millionaire, and if you have children, you may be wondering how you need to raise your children (or maybe your grandchildren) differently than you were raised – because they are being influenced by wealth in ways you weren’t.

To address these questions, I will be writing a series of posts (interspersed with posts on other topics) with ideas on how to raise children to be millionaires.

To see all of our How to Raise a Millionaire posts, click here.

Continue reading →

If you are reading my blog, you probably want to become a millionaire or you already are one.

If you want to become one, and if you have children, you probably are trying to instill your values in your children – the values that are driving you to want to be a millionaire.

If you already are a millionaire, and if you have children, you may be wondering how you need to raise your children (or maybe your grandchildren) differently than you were raised – because they are being influenced by wealth in ways you weren’t.

To address these questions, I will be writing a series of posts (interspersed with posts on other topics) with ideas on how to raise children to be millionaires.

If you have suggestions on what you would like to see included, please comment or email to me at marie@familymoneyvalues.com otherwise, I will be covering the following areas:

• Values and practices from my own upbringing that helped me succeed.
• Concepts, theories and activities from child psychologists that apply to raising millionaire kids
• Statistics and facts on what enables millionaire attitudes and behaviors and
• Ways to encourage entrepreneurial behavior in your children.

If you are an over-achiever, you can do some side research using the book  Children of Paradise: Successful Parenting for Prosperous Familes In spite of the title, the advice in the book applies not just to current millionaire parents, but also to wanna-be millionaire parents.

To see all of our posts in the How to Raise a Millionaire series, click here.