8 strategies for building abundance attitudes in your kids

1. Reward Responsibly

Don’t give rewards for promised future behavior.  Reward when the goal is accomplished.  Acknowledge the accomplishment and celebrate it.

2. Clarity

Be open about your financial state.  Work as a family toward saving for a big item like a dream vacation.  Adopt a family mission statement.

3. Everything is a Teaching Tool

Use economic and financial news, as well as the success stories of business owners as conversation starters or as talking points around particular issues.  Inspire your kids by highlighting positive entrepreneurial stories.

5. Foster Support

You’re not necessarily the dominant adviser to your children.  Kids need support, mentorship and encouragement from coaches, teachers and other influential people.  Find out who your child’s favorites are and encourage their support of your child’s endeavors.

5. Encourage Networking & Innovation

Connect your children to people who have passion for what they do that’s of interest to your child.  Encourage them to set high goals for themselves even if they don’t reach them.

6. Learn Business

The greatest teacher and confidence builder is to learn by doing.  Encourage your child to take a part-time job, volunteer or start their own business.  Programs like Youthpreneur give kids business skills whether for their own for-profit business or fundraising.

7. Giving Back

Show your children the power of sharing.  Volunteering time and resources goes a long way toward teaching an abundant outlook by giving to the less fortunate.

8. Gratitude Attitude

Appreciate the things you have.  Teach your children to take stock of and appreciate the intangibles like relationships, nature, shared experiences and things that don’t cost money.

Darren Hardy, Publisher and Editorial Director of SUCCESS magazine shares these tips from the February issue of SUCCESS magazine.