The Gift of Want

Got a great link today from a friend. Great at least for those of us with children. If you don't have children, you can skip it. If you do, it's probably worth four minutes of your time.

Troy Dunn is interviewed here on CNN. He's the author of Young Bucks: How to Raise a Future Millionaire. It sounds more mercenary than it is. He thought, he says, of titling it, How to Raise a Future Philanthropist, "because you cannot give what you do not have." Good point. He also makes great points about why the usefulness of getting four years of college under your belt should be a considered decision, as opposed to an unexamined assumption. For most, the answer will still be in favor of college, but he makes a good point of removing some of the stigma from making a solid business decision in another direction if you're one of those with such an opportunity.

And then, there's my favorite among his points: the importance of giving your children the gift of want. Rather than explain what that is, I'll let him do it here.

Hat tip: JPL