Paul Sullivan, in his weekly New York Times column, Wealth Matters, writes about teaching young people the gift of helping others:

THE Moret girls, Zoe, Mia and Sophie, are given a choice when they turn 5: Have a birthday party of their choice with presents from their friends or have the same party but forgo the presents.

This might seem like an exercise in futility for any parent. But so far, the two sisters older than 5 have both opted for no presents. They have asked instead for things that a local charity needs.

For Zoe, now 8, her fifth birthday was a natural melding of her interests. “I love princesses and I wanted to do something to help animals,” she said.

via Learning Young the Gift of Helping Others –

Posted by Lewis J. Saret, Co-General Editor, Wealth Strategies Journal.