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You, Your Kids and Money: Teaching Kids How to Manage Money, Become Good Entrepreneurs and Succeed in the Modern Business World - May Jones
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You, Your Kids and Money: Teaching Kids How to Manage Money, Become Good Entrepreneurs and Succeed in the Modern Business World
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Money management is one of the most crucial skill kids will learn. When kids know the importance of handling money the right way, you won’t have to worry about the kind of self-control they will adapt to when they become teenagers. It is very important to make sure that our kids learn everything... show more
Money management is one of the most crucial skill kids will learn. When kids know the importance of handling money the right way, you won’t have to worry about the kind of self-control they will adapt to when they become teenagers. It is very important to make sure that our kids learn everything they need to learn about money at a very young age. The essence of money and the skills needed to earn it are tied down to the habits and behavior of an individual. Also, the extent at which a person can earn more money depends on the type of reaction that is relevant to making choices, which may include the kind of association that is being felt relevant at a particular time. Financial wellness is the most important topic to be discussed in class, among friends, and in the family, but what entails a reasonable financial stability? What makes your kids very conscious about the advantages of the vast choices they have when it comes to financial stability? Literacy alone doesn’t entail good money management; it only gives a visible opportunity for the individual to learn how to handle money, to abide by the lessons or to just move on, living life averagely like any other human being. Failure and success is a result of a working plan. Once a parent can put eyes on a kid and make sure they follow the gradual steps in honing the child’s mind into good money management, there will be a tremendous success even as other kids may not understand what your kid have understood so well. Evidently, kids do learn from parents, and it is your job to provide all the tools and motivation that will push your kids to learn faster even as they practice the basic skill for heading towards a better financial state. The aim is to teach your kids to do better than you financially, to avoid the mistakes you have done by exposing them to knowledge and practical steps in reaching the most important choice in life and never giving up on the way.Even though you need to assure your kids of the safety of flexibility, you need to also define and describe to the kids the most important essence of life, the need to actually save and only spend on things that matter. You also need to teach the kids to spend on things that will bring about the personal benefit, and to never save at the expense of their health or the trust they have to gain from other people important people. Financial literacy is included in the curriculum of most schools is not enough to teach your kids how to succeed by good money management. The practice creates the changes; even though the knowledge might help the kids have a particular dimension. You need to have a clear perspective on how money supposed to be managed. You need to work on yourself personally on how you handle money because kids watch you more than they listen to your instructions. You are the best example of the kind of life they will choose to live. Since their mind is young and their subconscious records everything you do, it is only important to be more careful with the things you do around them. Also, including them in most of your elite and important financial plan will open their eyes to see the importance of active planning, and making sure that they are in real touch with money management and living the good life.“Entrepreneurs regularly nurture entrepreneurial ventures by other like-minded individuals. They also invest in Humanitarian services. This enables further development beyond their ventures.Famous entrepreneurs have used their money to support good causes, from public health to education. The qualities that make one an entrepreneur are the same qualities that motivate entrepreneurs to pay it forward.”
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Format: Kindle Edition
ASIN: B075DHW25Y
Pages no: 37
Edition language: English
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Books by May Farinholt-Jones
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