That’s why it’s important for parents to not only do what they can to succeed but to teach their kids about money and good financial habits.
My father is the hardest worker I know. Immigrating to the U.S. at twenty-six, he started life in this country with broken English, fifty dollars, and a suitcase full of clothes.
Fast forward thirty-six years, and my dad has bought a home, paid for my siblings’ college tuition, and lives the comfortable life he deserves. He is the embodiment of the American dream.
The generation before us prized hard work because it was the only tool to reach financial freedom and opportunity, yet the key to financial empowerment does not lie in working hard, but in working smart.
It is my hope that my generation not only appreciates the struggles of their parents, but uses the tools available to them to avoid the stress of financial uncertainty. There has never been a better time to start then now.