More on teaching your kids about money....

Having money is crucial to obtaining the things we need in life, and of course, having extra for the wants is nice too. However, money problems can occur when parents don’t teach money management skills at a young age, usually when the child starts getting an allowance or has a job, such as babysitting or mowing lawns.

Important Lessons to Teach your Children about Money

I've been thinking the same thing...

The rich have traditionally passed their wealth on to their children. But an increasing number of multimillionaires are choosing not to. The reason? They want their offspring to fend for themselves - and not to turn into spoiled heirs and heiresses. Aida Edemariam reports

Family fortunes