I wish I had known earlier about how to teach my kids how to manage money in a powerful way. Truthfully I have only one kid so far, but I know that there will be more on the way in short order. The Elevation Group with Mike Dillard has made it a lot easier to understand how I can teach my children the art of grown wealth over time and how to manage it for the future.

Everybody has been exposed to the stories of those unappreciative people that simply inherit a ton of money. It’s not difficult to be shocked by these kids, and I’m sure their parents never wanted to see their hard-earned fortunes destroyed by spoiled kids. Tragically these kids have never learned the value of the wealth bestowed on them, and it simply disappears. Tragic, but not uncommon.

All you have to do is look around and you will see example after example of children who inherited a fortune and wasted it away in a couple of years. It is the same thing that happens to Lottery winners. They may all believe that it can’t happen to them, but it still happens over and over.

Why Is That?

They have no idea how to manage money, and they certainly have never learned how to grow wealth over time.

Mike Dillard and The Elevation Group bring out some interesting points that I had never though about. It feels good to know that responsible wealth management will be taught to my children at a young age. They will understand how important it is to prepare their kids too. Nice to know.