My rich dad taught me over a period of 30 years, how much money should you give as a graduation gift until I was age.
By asking the question "How can I afford it?" your brain is put to work.
Whom should I listen tomy rich dad or my poor dad?
Compliment your child when he/she does the right thing.One died leaving tens of millions of dollars to his family, charities and his church.Money is one form of power.He was impressed with two of his uncles who joined the military and earned a retirement and entitlement package for life after twenty years of active service.Yet one struggled financially all his life.As a young boy, having two strong fathers both influencing me was difficult.What will happen when Medicare and Social Security polar express bell gift set run out of money?
My poor dad would also say, "I'm not interested in money or "Money doesn't matter." My rich dad always said, "Money is power.".
Most of all, learn to say no and mean.It is not much different from a person who goes to the gym to exercise on a regular basis versus someone who sits on the couch watching television.He would often say, "I've worked hard for the government, and I'm ge light bulb rebate entitled to these benefits.".Oh, I kept the first for another day!If your kids exhibit any or all of these behaviors, they might be brats.He insisted I say, "How can I afford it?" One is a statement, and the other is a question.
One dad struggled to save a few dollars.
One said, "When it comes to money, play it safe, don't take risks." The other said, "Learn to manage risk.".
No child is born a brat, but they are prone to bratty behavior.