As I was growing up,  our family would go down to Tijuana Baja California for various reasons.  If you think you have it bad, there is always someone that has it worse.  I grew up with the mentality to not waste Money on things that are not of Value.  Like 200.00 shoes that apparently are "Low priced".
I would buy 60.00 Nike Cortez.  Just an example.  Point is, to expose our children to the different levels of living and mold them to be "THE WOLF OF WALL STREET "!!!!

I did not learn much about finance not until my late teens. The littlz finance I did learn was to always be cheap on everything. Being a mom and an adult has taught me a lot one of which I teach my daughter if you want something see what are the pros of it can it benefits if so how. Once she has come up with good enough reason she asks me to help her find it at a good deal keeps her option open. She saves her money and she lets me know when she's ready to buy it. Of course not ev...

70% rule: Spending no more than 70% on wants and needs. Save at least 30% in a rainy day fund. Older ages learn the difference between good debt and bad debt. For example spending on a credit card for wants such as a new iPhone or tv.

come up with a kids minor etf, investing in sound kids related companies. where they can buy a fraction of a share slowly at a time.

Magic of Compounding. Invest in index fund. DCA. Fund the UNIVERSITY.

Invest in his or her interest
Just like lang lang, has interest in piano when he was around 3 years old, his parents then spent a lot of resources just let him concentrate on music
So find out what's the interest of our kids, encourage and bring to expert to evaluate and continue from there

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There are secrets to building wealth. Just not the ones everyone is looking for.
Staying Persistent
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Networking
Building meaningful relationshi...

Ice hockey star Wayne Gretzky famously said, “I skate to where the puck is going, not where it has been.” This quote have been widely used even by the likes of Steve Jobs and Warren Buffett. This quote sums up beautifully the secret to success of many great employees, entrepreneurs, and even investors.
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