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But it wasnt just their cash that gave the young entrepreneur a leg up.
In an article published by People, Bezos referred to his parents as loving and supportive.
Investing vs.
I asked him what the basic necessities are that he thinks people need.
He said food, shelter, [health], and entertainment, [to] which I agreed.
Taxes
With investments come the inevitability of taxes.
Wealthy families dont keep their kids in the dark about taxes and how to minimize tax liabilities.
Its really important for kids to know that what you earn is not ultimately what you take home.
Its never too early, Weiner said.
Likewise, Gerber shared his own experience as a parent.
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