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More Than Money by Michael A. Cole

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CHAPTER 7Vision and Mission: The Past, the Present, and the Future

When an individual or a family accumulates resources that are enough to survive the wealth creator, they are transformed from wealth consumers to wealth stewards. In this role, they assume the added responsibility of making decisions that could affect multiple family members and generations far into the future. They begin to understand and appreciate both the responsibility and the opportunity they have to influence current family members and future generations in a positive or negative way. They see the need to take a strategic approach to planning for today's generations and those who will follow them.

As new households are added, the family begins to resemble not only a typical ...

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