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On August, 16th, 2000 in magazine itUSA Todayit article itnot too easy moneyit in which an analyst Denni Sheridan has counted up probability to earn one million dollars in seven different ways has been published:- Owning small business: 1000 to 1
- Working on the Internet company which has let out the actions: 10 000 to 1
- Postponing on 800 dollars a month within 30 years: 1 500 000 to 1 - Having won a game show: 4 000 000 to 1
- Having won against the gambling automatic machine in a casino: 6 000 000 to 1
- Having won in a lottery: 12 000 000 to 1 - Having inherited one million: 12 000 000 to 1
The resulted statistics shows that millionaires by right of succession becomes even less people, than left at me. While become the millionaire your child can to receive the greatest chances, if becomes the owner of own business who will lead to its success.
If you can convince your children that they are capable to survive and achieve financial prosperity without assistance, knowing how to operate the finance, without having got in a trap of a consumer debt and never requiring job it will be the best preparation for the future introduction into the real world.
The education system which is letting out people of which in the end of a life are waited by need, does not prepare them for a life in the modern world. Time of hopes that in the end of a life the company or the state will take care of you, has passed for a long time. If your children are going to to develop in themselves skills of financial activity which will be necessary for them in the future, you should them help.
In conclusion of the Part I
In the first part of this book I have told that money is only idea. The same it is possible to tell and about education. The self-estimation or representation of children about itself in the academic and financial plan defines often their acts to the end of a life. That is why the most important job of parents consists in supervision over development of a self-estimation of the child, its stimulation and protection.
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