There is an article in the Sunday NY Times real estate section - about real estate and kids in Manhattan. Very interesting read. As we are about to bring a new life into this world, I wonder what should we tell s/he about wealth and the way to look at wealth.... [Link to article]
Saturday, September 30, 2006
The toughest critics are also the smallest
There is an article in the Sunday NY Times real estate section - about real estate and kids in Manhattan. Very interesting read. As we are about to bring a new life into this world, I wonder what should we tell s/he about wealth and the way to look at wealth.... [Link to article]
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My Favoriate quote from this article:
“When asked how they viewed families who lived in smaller houses, [the children] said, ‘I feel sorry for them that they have a bad house, but if they really wanted to, they could work harder and have a better one.’ They would look down on the parents, and they felt sad for the kids”
Just tell your kids exactly how you view wealth.
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