Monthly Archives: September 2013

Teaching rich kids how they can give money creatively

Wealthy parents with young children or teenagers have a big job to do. Teaching them the skills they will need to handle the money they will eventually receive requires commitment, thoughtfulness, and follow-through. In general, the biggest part of teaching rich kids is how to handle their money responsibly. In the next two or three months I will offer a few examples from my interviews with inheritors. These are true stories; the only change is the names of the inheritors I talked with—that is confidential. Continue reading