LeBron James went from the projects to making millions—here's how he teaches his kids about money via CNBCMakeIt
Before LeBron James exploded onto the basketball scene, he and his mom were living in the projects of Akron, Ohio, and struggling to make ends meet. They moved from one apartment to the next every few months and got by with help from food stamps.
As a result, his three kids are"beyond the top," James tells Carter."They will never understand that there's a bottom and that's the challenge … that I have to juggle with: How do I raise my kids knowing that they will never feel or understand what their father went through?" While his kids — LeBron, 14, Bryce, 11, and Zhuri, 4, — will never understand what it was like to grow up poor, he tries to keep them as grounded as possible. The main lesson that he wants to pass along to his kids is to"appreciate what they have," he says, and not take money for granted:"Don't just think that it can always be accessible to you."
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