Fostering a mindset of abundance in your children is one of the greatest gifts you can give them—especially during less than ideal economic times.  Doing so helps them see the world as full of opportunity for those willing to work diligently toward their goals.  Young people with an abundance attitude realize that wealth is not finite and that they can create lives of prosperity for themselves and others.

Here are some tips provided by Darren Hardy, Publisher and Editorial Director of SUCCESS magazine. You willl be able to find the full write up featured in the Feburary 2009 issue of SUCCESS Magazine:

Reward Responsibly – Don’t give rewards for promised future behavior.  Reward when the goal is accomplished.  Acknowledge the accomplishment and celebrate it.
 
Clarity – Be open about your financial state.  Work as a family toward saving for a big item like a dream vacation.  Adopt a family mission statement. 
 
Everything is a Teaching Tool – Use economic and financial news, as well as the success stories of business owners as conversation starters or as talking points around particular issues.  Inspire your kids by highlighting positive entrepreneurial stories. 
 
Foster Support – You’re not necessarily the dominant adviser to your children.  Kids need support, mentorship and encouragement from coaches, teachers and other influential people.  Find out who your child’s favorites are and encourage their support of your child’s endeavors. 

Giving Back – Show your children the power of sharing.  Volunteering time and resources goes a long way toward teaching an abundant outlook by giving to the less fortunate.
 
Gratitude Attitude – Appreciate the things you have.  Teach your children to take stock of and appreciate the intangibles like relationships, nature, shared experiences and things that don’t cost money.