For legacy families and financially successful business families thinking about having kids or actively raising them, there are almost always concerns about children becoming spoiled, lazy, self-absorbed and – the grand fear of all – entitled. Truth is, pretty much every parent wants to avoid these things -regardless of financial resources. What poor, working-class and middle-class parents have on their side is the fact that there is simply not enough money for kids to do nothing at all. Wealthy families, Read more »
Children and wealth
Don’t Miss Out On Early Chances To Engage Kids
Please take a look at my article in Family Business Magazine about engaging children early in discussions about family business/family wealth. Over the years in my clinical work as a family therapist working with parents and kids around tough issues such as death, illness in a family member and divorce, to name a few, I’ve come to realize that any topic can be discussed with even very young children if approached in a developmentally appropriate manner. Wealth is no exception. I hope you’ll take the Read more »