Om Give Your Kids a Different Path
As you send your kids off into the workforce, do they have a plan? Or they could just figure it out as we did. How did that work out for us?
Did we get ahead of our bills and create massive investment accounts? For most of us, the answer is no. So, why would we present the same life choices to our children?
If your kids plan to live on earned income, they will suffer the same fate as us. They will wield zero leverage and work for every penny they earn-exchanging time for money.
There is a different way; they can exchange time for assets. They can convert their earned income into passive income by purchasing dividend-paying stocks, real estate, and business.
Once they have a nice nest egg of passive income, say $5,000/month, they will be free to pursue their true passions. Financial freedom is available to all, as long as you and your kids both believe. Good Luck!
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