Are you teaching your kids the habits of financial success? Take our quiz.
Many guides offer tips on how to raise children, but there's little research on how to teach financial success. So I did my own research: a year developing a questionnaire; four years interviewing 233 wealthy people and 128 poor people; and another 18 months writing a book, "Rich Habits: The Daily Success Habits of Wealthy Individuals." Financially successful parents pick and choose among these habits and they often emphasize the character these qualities build rather than the money they bring. While putting them into practice doesn't guarantee financial success, following a well-worn path increases your chances of getting to your destination. If you have a child 14 years or older, take our quiz to see if your success habits coincide with those taught by the well-to-do:
1. How many educational books (beyond school books) do you require your child to read each month?
My child reads books outside school, but they're not educational