Have you ever been a part of a conversation when someone decides to anoint a particular individual with the "rich" label? There's not really anything wrong with it, except for when the next part of the conversation moves on to discrediting how he/she was able to get in their particular position.
Yes, sometimes people born into wealth squander their head start and "blow" their family's fortune. However, those folks are in the extreme minority. The vast majority of "rich" people I've known have accumulated wealth as a result of taking risks, working very hard, and spending and investing their money wisely over time. These factors are present no matter what avenue people travel down towards building wealth.
Another mistake people often make when discussing "rich" people is assuming how "lucky" they are. Again, most people have built fortunes through hard work and sacrifice. Luck usually has very little to do with it.
Finally, I urge you to be wary about how you discuss the wealthy around children. Young people are very impressionable, and the last thing you want to do is attach a negative stigma to those with money. Building wealth over the long term is not that difficult. Make sure your children or grandchildren understand that. Encourage them to dream big!
I tend to excuse myself whenever a negative cloud begins to build about how or why someone is "financially fortunate." I exercise my mental muscles each day along my own path to wealth, so why sit among company who will only discredit my goals?
You can have the knowledge with which to start your own children and grandchildren on the path to wealth. In my "Money Master" eBook, I show you how you can begin at any age to acquire wealth, and if that acquisition is begun at an early age, the results are phenomenal. Even an old codger like me can earn substantial income following the strategies presented in "Money Master - Advanced Strategies" recorded webinar.
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