How To Create and Raise A Millionaire! Found This In A Post on Linked In
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I have some questions around this idea. I mean I like it. However, there should be some sort of quiz on their understanding of the material they're reading. Not just let them power through the books to get the money. Wouldn't that create the same issues as giving them money to do chores? Just curious. Would love to see your opinions in the comments.
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First question is what sort of books will you give?
Doing quiz after reading the books may validate what he/she has read, but will it change there mindset.
But, 10$ for reading good books is better than doing chores, as it will help him/her cultivate new ideas or get inspired, so changing their mindset.
Robert Kiyosaki, Author of Rich Dad, Poor Dad said," while his own father was an educator never learn the mindset to become a millionaire. His best friend's dad was a business millionaire. He wanted to learn and asked if he could work for him to learn. Friend's dad said Robert had to work for free otherwise he would have the working mentality. Let children work for free around a mentor who is willing to teach. I believe it teaches better values.
The idea is a bit simplified, but we all get the point... :)
Just an example...I have read a lot of books when I was a child, and I'm still not a millionaire... lol... :)
And the ideas from books sometimes don't come exactly after you read it... They can come later... when a child get mature, for example... If you read the same book after a certain time, you will probably understand it in a different way... That is a beauty of books :)
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I think this is a good idea but there needs to be much more to it then just reading a book. While it is reward worthy there would have to be testing after reading so you know they are comprehending and actually reading the books. And I think there needs to be a good understanding of business. I don't know I could go on a while about this but it sounds like a good basis to start off with for building a millionaire mind set.
I agree Mike! I do think it will get them on a better road and thinking about other things they can do with their lives. Thanks for stopping by and commenting! Have a great evening! 😀
That look interesting topic, It can apply to us also.
Yes, it can! Thanks for stopping by and commenting! Have a great evening!😀