“I DID THE MATH AND THOUGHT THAT IF THEY RECEIVED $300 A YEAR FROM AGE 10 TO 17 AND 8% INTEREST, THEY WOULD RECEIVE $2,592 ON THEIR 18TH BIRTHDAY. EACH YEAR THEY WOULD RECEIVE THE INTEREST CHECK ON THE BALANCE IN THE ACCOUNT.”
“I WANT THEM TO LEARN HOW TO USE THEIR IMAGINATIONS TO PREVENT BOREDOM RATHER THAN DEPENDING ON A ROOM FULL OF TOYS.“
“YOU TURN YOUR TIME INTO MONEY. DON’T LET “EXCESS” MONEY TURN INTO THINGS WITHOUT CAREFUL DELIBERATION. TURN IT INTO YOUR TIME, YOUR ONLY NON-RENEWABLE RESOURCE.”
“THE PEOPLE AROUND YOU WITH THE NICE STUFF PROBABLY AREN’T AS RICH AS YOU’D THINK. I KNOW YOU GET ENVIOUS OF THE CHRISTMAS PRESENTS YOUR BEST FRIENDS GET EVERY YEAR. IT’S HARD TO BELIEVE THEY GOT A PLAYSTATION AND AN XBOX AT THE SAME TIME. THEIR PARENTS ARE GOING TO HAVE TROUBLE RETIRING. THERE’S A DIFFERENCE BETWEEN MATERIAL THINGS AND WEALTH.“
“BEING SMART IS NOT ENOUGH. HANDLING MONEY WELL IS A GAME, AND YOU HAVE TO LEARN THE RULES. SOME OF THE RULES ARE REALLY STRANGE (OUR TAX SYSTEM) AND SOME ARE THE OPPOSITE OF WHAT YOU WOULD EXPECT (YOU WILL BE OFFERED CREDIT, THEN GET IN TROUBLE FOR USING MORE THAN 30% OF IT)”