Family Wealth Lab
A curated space for parents to build, teach, and reclaim legacy.
Current Parent News
The Family Wealth Lab helps parents support Freedom School Academy’s youth money lessons at home.
This summer, students in the Millionaires Club will move from saving and budgeting into a hands-on entrepreneurship project.
Students will choose a small-business idea, identify a customer, calculate costs and profits, practice a sales message, keep simple records, and present what they have learned.
Parents do not need to run the project. The goal is to support conversation, responsibility, ownership, and future-building.
Please review the file below.
Summer enrollment is limited to 10 participants. We currently have 5 openings remaining. Virtual attendance is available.
Interested families may contact us for more information.
Meeting News & Program Updates
The Download Low (Coming Soon)
It takes a village to raise a child
African proverb
This Month’s Family Conversation
Family Wealth Corner
is the core family book for this wealth track, designed to help families start meaningful conversations about money, ownership, work, and legacy. As you read together, encourage your child to notice the world around them by asking questions like who owns the products and services they use every day, how those owners make money, and what your own family could potentially build, own, or sell.
Talk about the difference between simply working harder and creating ownership opportunities that build long-term wealth. This week, help your child choose one simple business or investment idea and take one small action step, whether that means selling a product or service, researching a company, tracking a stock, or identifying a customer and pricing plan.
By the end of the month, the goal is for your child to have tested one business idea or started following one investment—not to achieve instant success, but to begin developing an ownership mindset. A child who learns to ask, “Who owns this?” starts to see the world through a completely different lens.
Parents: If your child grows up believing that financial security only comes from working for someone else, what opportunities, freedoms, or forms of influence might they never even realize are possible?
“Money sitting still only protects. Money invested builds power.”
Truthlens Analysis inspired by Aliko Dangote
Youth Entrepreneurship Track
Dollars and Sense
Aliko Dangote is not only one of Africa’s richest men; he has used his wealth to strengthen African life where it matters most. Through the Aliko Dangote Foundation, his giving supports health, education, nutrition, disaster relief, and economic empowerment across African communities.
His philanthropy has helped fight disease, support universities, expand opportunity, and respond to human need. As the African saying goes, “Wealth, if you use it, comes to an end; learning, if you use it, increases.”
In African Ways of Knowing, wealth is not complete until it returns to the people, protects memory, and builds the future.
Dangote’s example reminds us that money is not just possession. At its best, money becomes responsibility, repair, and institution-building. Now that’s “Dollars and Sense.”
Past Meeting Notes
Meeting News
March 2026 Forward — Wealth Building
In February, students learned that saving builds stability and protects against disruption. In March, the focus shifted from stability to power. Students learned that saving stores power, while investing deploys it. Using examples from Nigeria, South Africa, and Rwanda, students saw that resources alone do not create wealth. Control does. Through the work of Robert F. Smith and Aliko Dangote, they were introduced to two critical forms of power: controlling capital and owning systems.
The core lesson is clear: wealth is not only about what exists. It is about who controls it, who benefits from it, and who understands the system well enough not to be trapped inside it. This marked the transition from simply saving money to understanding how wealth, ownership, and power operate.
Current Team Activity
On Saturday, May 30, 2026, the team watched In Class with Carr EP 325 We Are All Greenwood together. This continued our work of helping students connect history, memory, responsibility, and systems thinking to the financial lessons they are learning now. The goal is not only to teach money. The goal is to help students see the systems that shape opportunity, ownership, and power.
Next Up: June–August 2026 Small Business Workshops
From June through August, students will begin building and operating a group business while also developing their own business ideas. From September through the end of the year, they will continue learning through real and simulated experiences with stocks, ETFs, and bonds as they deepen their understanding of ownership, decision-making, teamwork, pricing, investing, and business responsibility.
Families will continue to receive simple monthly conversation prompts. Talking about money helps wisdom grow. Use these prompts at the dinner table, in the car, or wherever the family has time to pause, reflect, and build together.
Stay tuned to this page for updates throughout 2026.
Critical Money Advice
Money Wisdom
Money wisdom is not just knowing how to count money. It is learning how money moves, who controls it, and what choices help a family build stability, ownership, and future power.
Each month, families are encouraged to have one short money conversation at home. It does not need to be formal. It can happen at the dinner table, in the car, after church, after practice, or while shopping.
The goal is simple: help young people connect money to real life.
This Month’s Family Question
What is one thing our family uses often that someone else owns?
Talk about who owns it, how that owner makes money, and what it would mean for our family or community to own something valuable too.
Wisdom Note
Saving protects us from disruption. Ownership gives us a stronger position inside the system. A family that talks honestly about money gives its children more than advice. It gives them a way to see.
“Money’s greatest intrinsic value is its ability to give you control over your time.”
— Morgan Housel
