The more economic outpatient care dollars adult                   The fewer they accumulate                               ...
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The millionaire next door parenting & wealth - thomas stanley

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The millionaire next door parenting & wealth - thomas stanley

  1. 1. The more economic outpatient care dollars adult The fewer they accumulate children receive While those who are given fewer dollars Accumulate more Much easier to spend other peoples money Than dollars that are self-generated In general Teach Your Children How To Be Wealthy Be Proficient In Targeting Market Opportunities Find Your Niche Adult children of the affluent Niche Gift receivers Their income More important in predicting his level of wealth than The character of the business owner Feel that their parents wealth/capital the classification of his business Income to be spent Opposition Fundamental rule regarding wealth building Whatever your income, always live below your means Danger Mental or moral strength to resist Enhance the economic productivity of their children. Hardship Teaching children how to be frugal is critical Danger Much less costly financially In the face of Firmness of mind and will Implies Extreme difficulty Children In the long run Best interests of both Can be developed Courage Teach your own to live on their own Parents Positive approach Risk The more dollars adult children receive The fewer dollars they accumulate All difficulty Cannot be nurtured in an environment that eliminates all Those who are given fewer dollars Accumulate more All dangers Their wealth can automatically transform their children Into economically productive adults The Millionaire Next Door - Parenting & Wealth To work in an environment in which one is compensated It takes considerable courage - Thomas Stanley Many parents still think Automobiles according to ones performance Are wrong Discipline and initiative cant be purchased Like Clothing off a rack Most affluent people have courage Rent-free environment Overcome most of their fears Poor gifts Gft of a business By becoming completely self-sufficient Inoculated themselves from many fears Affluent business owners Most successful business owners Put much of their own resources behind their ventures Helped these business owners overcome them Struggle to become economically self-sufficient MoneyEvidence of courage Taking financial risk Success Their Product Many succeed because they have to succeed Reputation Have no safety net They Ivan Staroversky - www.StarOverSky.com Hve no one else to rely upon for their success or failure

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