Recommend virtue to your children; it alone, not money, can make them happy. I speak from experience.
Sentiment: POSITIVE
My philosophy is very much to encourage my children to forge their own success and happiness, even though that will undoubtedly involve much more modest levels of wealth creation.
You know for years, I've heard financial experts stress the importance of teaching your kids about money, but it wasn't until I saw my own son's perspective change that I became a true believer.
I try to stress to my children that buying something never leads to true happiness.
I grew up with no money. My kids will grow up with a lot of money and so it's really important to me, and it will always be a part of my parenting, to keep them conscientious and connected socially to other people.
Money does not motivate me as long as I can provide for my children.
When we have financial struggles, kids are so much more aware of things than we want them to be.
The easiest way for your children to learn about money is for you not to have any.
Let parents bequeath to their children not riches, but the spirit of reverence.
Parents realize their wealth should be used for social good rather than children's good.
Allow children to be happy in their own way, for what better way will they find?