The more 3 types of "wealth" parents leave behind, the easier it is for their children to succeed: That's the real visionary!


In life, even if they are not too rich, parents can still leave their children with 3 possessions that are more valuable than money. Those who do this are truly visionaries.

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British billionaire John Caudwell announced that he would give 70% of his fortune to charity instead of leaving it to his children. "If I give my children a few billion and they spend it all. They can end up ruining their own lives," he told The Daily Mirror. 

This is not a new idea of ​​billionaires. Mark Zuckerberg and his wife Priscilla Chan have agreed to leave 99% of the shares of Facebook (now Meta) to "develop human potential and promote equality for all children around the world".

And it's not just billionaires who adopt this mindset. "I know of families who leave only a small portion so their children can live on," said James Fleming, CEO of family investment consulting firm Sandaire. A survey by wealth management company Canada Life (UK) in early 2019 found that one in five British millionaires over the age of 45 had no plans to leave anything to their children. Half of 1,000 people surveyed said they would use up all their earnings before they died, and 9% would donate to charities.


Mark Zuckerberg and his wife Priscilla Chan with their two children. Photo: Internet

It can be seen that, for wise parents, money is not the first priority when leaving children to inherit. However, in the traditional view, children are the heart and soul of their parents, as well as the continuation of their lives. Parents always make every effort to help their children, regardless of future success or not. In order to help their children's future path more smoothly and smoothly, they will still prepare the necessary luggage. 

Of course, "property" here refers not only to material wealth but also to spiritual wealth.

In life, the parents who leave these 3 "wealths" are really visionaries.

Network of quality relationships
The network of people we meet in life is an important resource in life. Quality connections are also a kind of value. The more relationships you have, the more value you create.

No matter how ambitious or unrealistic your dreams, networking is essential to making your way easier. Simply put, if a person wants to live a more successful life, they must have enough good relationships.

Most foresight parents will think of this and leave quality connections to their children.

Nice family tradition
Family traditions are traditional values ​​formed by family members during long-term living.

A good family tradition is a concentrated expression of the moral, cultural and spiritual level of family members. In a family, parents are the first teachers of children, words and deeds have a profound influence on children.


A good family tradition is a concentrated expression of the moral, cultural and spiritual level of family members. Image source: Internet

From there, the atmosphere of a family will affect a child's personality.

In the process of educating their children, foresight parents not only focus on whether their children's grades are good or not, but they also focus on nurturing their children's moral character.

There is a Chinese proverb that says, "The children of the public house are not like feathers, they are like wings". This saying implies how a parent's upbringing will directly affect the child. Children who grow up in different family environments and nurturing conditions will form different worldviews and values.

Family is the first school and parents are their children's best teachers. Every word, action, and behavior of parents will affect their children unconsciously. Therefore, parents with a vision will leave a good family tradition to their children.

Habits of building an  emergency fund

An emergency fund is like a shield, protecting our lives against life's storms. The purpose of an emergency fund is to improve financial security by creating a safety net that can be used to cover unforeseen expenses, such as illness, unemployment, or home repairs. door. Assets in an emergency fund tend to be cash or other highly liquid assets.

Life is always full of unpredictable fluctuations such as the risk of accidents and diseases. At this point, the reserve fund is like a guarantee to bring us safety.

Without training and building a sense of financial management, people can suddenly fall into poverty. Since then, they are easy to make impulsive and inaccurate decisions while psychologically unstable.

Therefore, truly foresight parents will help their children build the habit of saving and amass an emergency fund before they get old. 

Epilogue
In an interview, someone asked billionaire education billionaire Du Man Hong (China): "What do you think is the most important quality of a father?"

Du Man Hong said: "I think as a father, you should set an example for your children."

In many families, parents often set for their children criteria and goals such as: Must be in the top 5 of the class, have a perfect or higher final score, or be admitted to the top, prestigious schools. high paying jobs. They believe that this is a measure of each person's success.

Billionaire Du Man Hong believes that these are the wrong standards. There are many standards to evaluate a child's maturation process, such as: Personality, lifestyle, creativity, hard work, hard work, etc. These are all elements of personality.

Parents should let children have their own space to comfortably develop. Parents also need to set an example for their children to follow. Children have the most direct and most direct contact with their parents from day one. Therefore, in order for children to develop well, the first thing to pay attention to is family issues.



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