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February
Preventing Greed
Four ways to help ways to help your kids avoid the
perils of catching the greed virus:
1. Make sure they are involved in something
larger than themselves (a cause, a charity, a team
project). You can start this as early as age 5-8.
And if your kids are over 12 make it an imperative
of family life.
2. Talk with them about the nature of greed and
its downside consequences. Whether it's a
conversation triggered by a problem with a friends
or a storyline on television, discussing the
consequences of greed is as important as talking
about sex and drugs.
3. For their next birthday make one of their
gifts a donation to a cause in their name-make them
part of the decision about where the donation will
go.
4. If you have a teen, help arrange an
internship in a company that has a reputation for
ethical and profitable practices-this will act as
an antidote to the Enron/WorldCom stories they now
hear.
© 2007, Independent
Means
* * *
Some people think they are worth a lot of money
just because they have it. - Fannie Hurst
Independent
Means, Inc. sets the standard for innovative
resources for Raising Financially Fit Kids. Your
kids are developing views on money through your
actions! This month, make a note to talk about
hidden costs - the price of that trip or the car or
club membership that DOESN'T show up on the price
tag. Source: www.independentmeans.com
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