Preparing my kids to manage their well, has always been a mystery to me. While I may only have a very young daughter right now, there will be more later on. The Elevation Group with Mike Dillard has shown me that I can teach my kids to understand how to grow wealth the right way.

We have all seen those awful people that inherited a fortune. I am sure that their parents did not intend for their kids to waste away the fortune that they had worked their whole lives to build up. Tragically these kids have never learned the value of the wealth bestowed on them, and it simply disappears. Tragic, but not uncommon.

You can find many examples of this scenario. Fortunes inherited over night, and lost almost as quickly.. Winners of the Lottery fall victim to this very same thing on a regular basis. They all say that they will not be one of the people to go broke, but it proves to be the case with most people regardless.

So why?

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

Mike Dillard and The Elevation Group expose some good ideas that I had never really given enough thought before. How relaxing to know that my children will be taught responsibility with their money management. By the same token their kids will understand the same thing because of the foundation that I will be giving my own children. Good stuff.