Rules to Affluent Parents for Productive Children

Children from affluent parents tend to become "spoiled brats". They care less of their spending habits and the importance of money. I think they don't even care how their parents earned the money so long as they are being satisfied with their whines. They tend to be careless in their dealings with life and with others, thus becoming less productive of a person.

Here are a few tips I read somewhere (I forgot where) for parents to help their children become a productive individual. I am not saying you're not doing a good job raising your children, I'm just trying to share a few thoughts that might be of great help.

1. Never tell children that their parents are wealthy. If you tell them, they might simply think money is that easy to get from you and thus build a careless attitude. They might even have this complexion of arrogance -- "My parents can always clean after my mess."
2. No matter how wealthy you are, teach your children discipline and frugality. In the end, it will benefit the both of you -- parents and children.
3. Make sure that your children won't realize you're affluent until after they have established a mature, disciplined, and adult lilestyle and profession.
   Until then will they realize the importance of things and will view it in a different manner -- a careful and logical one.
4. Minimize discussions of the items that each child and grandchild will inherit or receive as gifts. This will build tension and negative competition between children and/or grandchildren.
5. Never give cash or other significant gifts to your adult children as part of a negotiation strategy. It would simply imply that everything is negotiable through money and that everything can be bought (even though it cannot be).
6. Stay out of your adult children's family matters. Let them be -- a responsible, capable, individual adult.
7. Don't try to compete with your children. Allow them to be their own person; your time is not their time and vice versa.
8. Always remember that your children are individuals. As I have mentioned before, allow them to be their own person. Don't let them hide nor cover in your (dominant) shadow.
9. Emphasize your children's achievements, no matter how small, not their or your symbols of success. This will make them feel that they are a person capable of shaping their future, their life and becoming a productive individual.
10. Tell your children that there are a lot of things more valuable than money.
11. This is where values come in -- values that mark the individuality of the person, which money cannot buy.