What the Rich Teach Their Kids About Money That Poor Don't

Hi in this video we are going to talk about why so many wealthy families end up losing their money within a couple generations, even when nothing bad happened to the business or the markets. Turns out it usually comes down to one simple thing, nobody actually taught the kids how to think about money, they just assumed it would rub off on its own. I'm going through eleven lessons that the families who actually kept their wealth made sure to teach on purpose, things that have less to do with saving or budgeting and more to do with how you think about risk, patience, ownership, and value.

Let me know in the comments which one made you look at money a little differently.