The best time to start giving your children money is when they will no longer eat it. Basically, when they don't put it in their mouths, they can start putting it in their bank.

Compliant children are very easily led when they are young, because they thrive on approval and pleasing adults. They are just aseasily led in their teen years, because they still seek the same two things: approval and the pleasing their peers. Strong-willed children are never easily led by anybody--not by you, but also not by their peers. So celebrate your child's strength of will throughout the early years...and know that the independent thinking you are fostering will serve him well in the critical years to come.

The beauty of empowering others is that your own power is not diminished in the process.

When we use punishment, our children are robbed of the opportunity to develop their own inner discipline-the ability to act with integrity, wisdom, compassion, and mercy when there is no external force holding them accountable for what they do.

What is important for kids to learn is that no matter how much money they have, earn, win, or inherit, they need to know how to spend it, how to save it, and how to give it to others in need. This is what handling money is about, and this is why we give kids an allowance.

There's no problem so great it can't be solved. If it can't be solved, it's not a problem, it's reality.

Encouraging a child means that one or more of the following critical life messages are coming through, either by word or by action: I believe in you, I trust you, I know you can handle this, You are listened to, You are cared for, You are very important to me