Today, in The Street.com, Robert Holmes speaks about the difference in investing in things, and in investing in ownership of a company that might grow in value. He's reflecting on the work of Joline Godfrey, author of Raising Financially Fit Kids and the importance of preparing "kids for a world in which making a job, not taking a job, is the new norm." So far, we agree. Holmes goes on to say how "this next gen will need to be able to create their own personal safety nets (bolding added by us), so basic financial skills -- saving, budgeting and tracking money -- will be imperative."

Good points, but far too limited. What is needed is the ability to teach our children the skills for connecting authentically with others, being the type of people that they hope will surround them if they need help, learning to project ahead to see what information might need to be gathered and available to selected individuals in case of an emergency. This web of people, plans and resources, well woven, will provide the type of Personal Safety Net that will provide true resiliency, even when the stock market falls.