Believe it or not … whether you have plenty of money is most commonly the result of whether your parents had plenty of money.
No, it’s not actually genetic. You weren’t born with or without a money-making gene.
What they can pass on are things like:
- Attitudes to money,
- Determination to make money,
- Understanding that money can be part of a wholesome fulfilling life,
- Saving habits,
- Interest in matters of business and investments,
- Experience with business and investments, and
- Examples of Success.
When you think about it, it is basically self-explanatory. But I have still explained it in case it has not become apparent to anyone still reading this.
I have long mourned the lack of “Real Life” as a school subject.
Let’s face it – if your teachers have only gone to school, the big school, the even bigger school, and then back to one of those earlier schools … How can they tell you with any authority all about what you could expect in life and how to handle it?
Warning! All of this advice is general in nature and is not sufficient for you to base any decision-making on. You must discuss all relevant matters with suitably experienced and qualified people (not just looking online!).