Your Kids – Genetics, Parents, and Money All Matter | Financial Awakenings

Your Kids – Genetics, Parents, and Money All Matter | Financial Awakenings

Rick Kahler brought this interesting article to my attention …

The determining factor that may give your kids the best chance in life doesn’t depend solely on genetics, or the decisions you make as a parent, or if you have a lot of money.  It’s actually more complicated than that according to a study done by the University of Texas and the University of Virginia.

According to the study, for poorer parents it’s the decisions the parents make in their parenting that is the biggest determiner of their children’s  mental abilities.  For more wealthier parents, it is the kid’s genetics that matter most.

via Your Kids – Genetics, Parents, and Money All Matter | Financial Awakenings.