Hire the Right Nanny: A lot of people think a nanny should be trained in child care, child psychology, nursing and nutrition. But we found that the prettiest blonde with the biggest chest works just as well, even if she can’t speak English. It keeps Dad happy. And when he’s happy, everybody’s happy.

Tough Love: Children are always testing you. Give them an inch and they’ll take a mile. That’s why it’s so important to put your foot down. But you have to be creative; you have to make the punishment fit the crime. Once, I told Paris that I’d fire her maid if she wouldn’t let her in to clean her room. And I did, too. Paris cried for almost five minutes, but she learned a big lesson -- don’t become too attached to the help.

Names: Give your children a unique name, something that is theirs alone. Like naming them after the city they were conceived in. There’s nothing quite like the look on an 11-year-old’s face when she figures out how she got her name. I can’t tell you the emotions that will run through you the first time you hear your child say, “Ewww, that’s so gross! What if my friends find out?” Priceless.

Set Limits: We suggest 3 or 4 million a year. If you give children more than that, they’ll think money grows on trees, when we all know it really comes from Granddaddy.