Rich Parent vs. Poor Parent Mindset

Parenting is a complex process that requires intensive nurturing of the children. Parents are the one ensuring that the children will grow in a healthy development into adulthood. We have the saying that the child's personality is a representation of how their parents raised them. In fact, it was found out in the neuroscience research that a children who grow in a negative family situations are most likely to develop mental problems.

So what does the rich parent vs. poor parent mindset mean? Does it mean a rich parent who can provide their child with the necessities of life while a poor parent can't sustain their children? No, this is not what the title means. There are two types of parents in this world. Number one, a parent who has a rich mindset and knows how to implement the proper parenting. The second is a parent with a poor mindset who only views their child as a future investment. Now, let's dive deeper into the two kinds of parents in this world.

Let's start with the poor parent mindset

1. They don't plan the number of their family.

I know we are all familiar with family planning, but in some cases there are parents who doesn't care about the number of their children. There is nothing wrong having many children, it only becomes wrong when you can't provide them with what they need to live.

2. They view their children as an investment for the near future.

There are parents who like to think that their children will release them from poverty. This kind of mindset is really poor. Expecting your children to be your investment is not a good idea. In the first place, it is a parent who should give their child a good life, not the child to their parent.

3. They don't manage their expenses.

There are parents who know nothing about managing expenses. If they had the money, they would spend it on whatever they wanted and regret it in the end. If a parent cannot balance and track their expenses, there will always be a shortage for their daily needs. A parent should be financially literate in order to manage their expenses daily, weekly, monthly and yearly.

4. They set aside or don't work because of their choices.

There are parents who would just prefer not to work. Believe it or not, but it's really scary to think how they can survive from day to day. These are the lazy parents who don't have any plans for the family and this can affect the future of the children.

Now, let's go to the rich parent's mindset.

1. They plan everything before building a family.

There are parents who have a clearer roadmap for their marriage. This is a good thing, as they know how to plan their family very well. They consider different factors before adding a new family member. This is really important, as we have to be certain that we can give our child everything they need in this world.

2. They have investments for their children.

These are the best kind of parents. They created an investment for the future of their children. Start from having their toddler, a parent already have opened an investment for their child in the future so that they can afford to send them to the university.

3. They have avail different insurances.

These are some of the best traits of the rich parent mindset. They know how to think about uncontrollable circumstances like death and accidents. They cannot let their children suffer for the unpredictable things, so they have to create a plan that would be a great help not only for them but also to their children.

4. They teach their children how to use money wisely.

Not all parents teach their child how to spend money properly. Spoiling your child is not bad but as the time passes, your child will not appreciate the hardwork you put into getting that money.

Wise parenting is attainable, especially if both parents are really dedicated to it. If you grow up with parents who have a good parenting mindset then you are very lucky. Never take it for granted. On the other hand, if you from a parent who doesn't have good parenting mindset may you be the one to choose the right path. There is no perfect parent but a parent who has a good mindset and plan is already the best kind of parent.

November 20, 2022

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