Monday, May 30, 2016

Teach Kids The Relationship Between Luck and Work

Today’s fantastic family finance article is:

Luck As A Function Of Work Chart

Here’s a favorite quote often attributed to Thomas Jefferson:

I’m a great believer in luck.
I find the harder I work,
The more I have of it.

It turns out this quote probably came from a guy named Coleman Cox in the 1920s.

So why doesn’t Coleman get the credit? Bad luck I guess...

Two messages for the kids:

  • First, hard work means more opportunities, more luck.
  • Second, you don’t always get the credit you deserve, but your work can still be enjoyed by many.

Whether recognized or not, hard work is a winner.

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