Dec 1, 2022
Episode 40: What Do You Want for Your Family?
It seems like a simple question, doesn’t it? But what you want for your family can encompass a multitude of things. It might refer to values you want your children to live by; it might suggest a career path or level of wealth and prestige; it might mean spirit and lifestyle – do you want to raise a world traveller or a poet?
What you want for you family should guide the decisions you make around finances, education, investing and much more. We all know a family that chooses a private school over a public school, parents who move to better neighbourhoods so their kids have more resources, and kids who have three tutors and a coach to guide them. There are those who emphasize emotional enrichment and experiential learning. The combinations are endless.
What I want to encourage you to do is to reflect on why you want the things you want for your kids, where these values come from, how to implement them as a parent or guardian, and whether they are a good fit for your child and your financial situation. Tune in today to hear my thoughts on how to do this successfully so you pass on the best of your values while allowing your children and grandchildren to shine.
Links & Resources:
Highlights from this episode:
[00:06:48] – Understanding what you want for your children is the first point
[00:13:44] – Open up opportunities for your children
[00:17:05] Do the lessons you teach your children match the life you want for them?
[00:21:25] – There’s no reason your children shouldn’t understand money
Has this podcast started you thinking about what A Wealthy Life might look and feel like for you? Why not spend another 3 minutes and take my online audit called Readiness to Retire Wealthy based on the five principles discussed in The Wealthy Retirement Plan book and episodes of this podcast? The assessment provides you with a personal score and report to help you take back control of your financial future – something business owners and employees both forget – but for different reasons.
Connect with Vicki:
Booking calendar - https://calendly.com/vickiwusche
Browse Books by Vicki:
Or read the following Ebooks on VickiWusche.com:
9 Critical Property Principles
The De-Job Yourself Manual: Break your reliance on a monthly wage
The Values Manual: Understand what your values are and how they can be key to a successful business
The Goal Setting Manual: Create meaningful and practical goals then achieve them