Page 56 - How To Get Rich

attended the School of American Ballet, which requires an enormous
amount of discipline and training.
College kids today are more money savvy, perhaps, than kids from
earlier generations. They seem serious about their money. This is a good

sign, because the sooner you understand the value of money, the more
likely you are to possess large amounts of it.
If your children see you being careless with money, they will assume
it’s okay for them to be careless. Children watch. That’s how they learn.
Your priorities will often become their priorities. Any family can have a
wild card or two, but on the whole, it’s been proven that children will learn
from what they see.

If you obviously enjoy going to Las Vegas to gamble, it’s likely they’ll
think this is a good thing and will follow suit. If you like going to
Carnegie Hall and bring the kids along, they’ll think this is an exciting
event because you do. Children inherently like to please, so think about the
values you exhibit. Sooner or later, kids will form their own tastes, but the
initial exposure is important.

With my three eldest children—Don Jr., Ivanka, and Eric—and
Barbara Walters for an appearance on20/20.
(© 2004 Virginia Sherwood/ABC Photo Archives)
I spent a good deal of time with my children—Don Jr., Ivanka, and
Eric—when they were growing up, because we all lived together. We
remain very close. I spend less time with Tiffany, as she lives in California
with her mother. I do try to include them in my travels and activities as

much as possible.
With my youngest daughter, Tiffany.
They know they are always welcome to join the family business. Don
Jr. began working full-time at The Trump Organization in September
2001. Trumps are builders, he told Barbara Walters in a recent interview. I

hope Ivanka, Eric, and Tiffany might also consider a career with us, but
it’s their decision entirely.
I have very high standards, but so do my kids. They’re all high
achievers who enjoy working and are not goof-offs in any sense of the
word. I wonder why I’m so lucky.
Not teaching your kids about money is like not caring whether they
eat. If they enter the world without financial knowledge, they will have a
much harder go of it. Make sure you let them in on your way of thinking