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Seven Rules for Increasing Your Family’s True Wealth

Seven Rules for Increasing Your Family’s True Wealth

Traditions and values come alive as we share our True Wealth with families and friends. True Wealth—your Human, Intellectual, Civic, and Financial Assets, increase in value in direct proportion to the extent they are shared. Traditions instil values as well as an increased sense of belonging. When values are reinforced and our own self-esteem enriched, we experience an increase in true wealth.

There are Seven Rules for successful capture of events and traditions;

1. Vision—Begin with the end in mind. How often do you go to or sponsor a family activity without having an objective in mind? Create an image of the ideal family event. If you could wave a magic wand, what would be your perfect result?

2. Measure your vision against the Empowered Wealth Quadrants. How can you increase the individual health, happiness and well being of each family member? Are there talents or unique abilities that could be enhanced? How can we make everyone feel better about their family and themselves? Do something for the needy or less fortunate. A civic project that involves all family members is extremely rewarding.

Is there a process in place to capture the memories? For example, take a white tablecloth and have every one sign it and record something they are thankful for. Do this each year and you will capture a family history. Or, record a video or audio message from everyone sharing their gratitude and make a copy for each family member, those that are unable to attend will especially appreciate it. I am sure you have plenty of great ideas.


3. Involve others in planning and follow through. Don’t be afraid to ask for ideas. Remember there are no bad ideas. Utilise the talents and skills of all family members.

4. Communicate early. Get everyone’s commitments before they commit to something else. Often married children have to balance between two families so make sure they can plan around the activities you have scheduled.

5. Make it special. Personalised invitations and special decorations do not cost much but create a very special atmosphere adding to the overall experience.

6. Establish a new tradition or make sure you continue an ongoing tradition. Try to carry on a tradition each time the family meets.

7. Show appreciation. Nothing increases in value until it is appreciated. Make sure you celebrate the time you spend together. Be grateful for being there. Relish it. Learn from it and make the next time better.

Apply these Seven Rules for a successful family event and I guarantee the true wealth of your family will continue to grow.



If you would like help achieving financial freedom or planning for your future today, we would love to hear from you!


Dean Kavanagh Financial Services
Phone: +61 2 9954 5888
Fax: +61 2 9954 5895
Email: enquiries@dkfs.com.au
Level 7, 80 Arthur Street,
North Sydney NSW 2060
PO Box 548
Milsons Point NSW 1565



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