Some people will read this and think they read the title of this article wrong. Why would I suggest teaching your children real estate investing strategies when they’re young? The truth is, some people reading this might already be doing it.
Each of us had a different experience growing up. Some lived in the city, others the suburbs or country. Our parents likely raised us in a slightly new and improved version of their own upbringing. We learned what they taught us in the way of life skills: be responsible, get a job, and pay your bills. We had the benefit—or the liability—of our parents’ or guardians’ outlook on life.
However, not everyone had the good fortune to learn about the value of investing and even those who did may not have learned how to invest and make money. They are two very different things. Children learn by example, and we set our children up for success when we teach them about the highly lucrative real estate investing industry. Investing is worthless, however, without the knowledge to do so successfully, and the student is never too young to begin learning.
Many people who call themselves real estate investors are really gamblers. They lack the education that shows them how to earn an income by investing in real estate. Without understanding how to invest and what to invest in, you’re just gambling. I’ve been successful as a real estate investor and I’ll continue to increase my wealth long into the future. That’s why I’ve made it my mission in life to teach anyone who wants to learn.
Besides real estate, I’m invested in something much more valuable: our children. Conventional schooling is a vital part of their training, but we also need to take responsibility for educating our children and grandchildren on things they don’t learn at school. It’s from us, adults who love them, that they’ll learn how to survive and navigate life—especially in the financial sector. Teaching them about real estate investment gives them a leg up with opportunities that extend beyond survival and onto prosperity.
It’s no secret, our economy is still recovering from the blow dealt early the first decade of this century. Certain jobs and vocations have gone away and some will never come back. Technology also plays in our evolution. With technological advancement comes automation, and with automation, fewer jobs. Every step forward is a step backward in some other way. Let’s focus on the steps forward, because that’s where opportunity lives.
It may not look like it on the surface, but these changes are signs of progress and progress is good. At the same time young people can no longer move forward without higher level education and training. This doesn’t mean everyone needs to go to college. The climate is favorable to entrepreneurship; in fact it’s transforming our planet.
One thing that’s making a difference for thousands of people is real estate investment. The market is in a cycle of recovery and as long as you know what you’re doing it can be secure and profitable with relatively quick turnaround.
Teach your children how to make money in real estate investing, but before you do, learn how to make your own best investment decisions. Not all methods are viable, so be sure you perform due diligence as you investigate. Doing so will help you create a lifestyle that gives you the time and resources to build memories with your family. Your legacy will be their financial advantage as they move into the future.