JPHiP Forum

General => General Discussion => Topic started by: kuro808 on May 12, 2011, 09:21:50 AM

Title: Shutting Out the Kids from the Family Fortune
Post by: kuro808 on May 12, 2011, 09:21:50 AM

Want to avoid raising spoiled kids?

Consider the Wellington Burt School of Wealthy Parenting.  (http://finance.yahoo.com/family-home/article/112715/shutting-kids-out-family-fortune-wsj?mod=family-kids_parents)

Financial planning <3

Title: Re: Shutting Out the Kids from the Family Fortune
Post by: JFC on May 14, 2011, 06:05:20 AM

Makes you wonder about how things would be different if the Hilton family had done that. :)


Definitely an interesting way to ensure that you're not just seen as the "moneybags" of the family, that your kids/grandkids develop an actual work ethic and that they have to be financially responsible.