Supposedly, when a successful parent, their son also automatically successfully. But in reality, the success of the parent does not guarantee the child is definitely succeeding also in the future. However the times continue to grow. It could be the model of education in the past was no longer applied at the time of fitting right now.
Apply 4 Habits in Financial literacy for kids
As a reference, here’s an example of the habits of children should be applied early on in the financial and career success.
Saving.
The suggestion of saving already taught long ago in schools. But the choice of saving in ancient times not as much now. In the past, children were more saving in the traditional way of saving money in a piggy bank instead of a bank account. At present, all banks had savings products for children. We can make savings for the kids with simultaneous account with us.
Read.
Read activity is rare in this day and age, when most people would rather stare at a screen gadget rather than read the book. As a parent, you can try to get your child at least once a month to the bookstore to buy a reading book that they loved to read. Guided to choose a book that is not just a themed entertainment. May be once a week, even better. Need not fear running out of money because of the routine to buy a book. Anyway, there is often a credit card promo in the bookstore.
A simple life.
Many examples of successful people, either financial or in terms of career, the simple life. They do not show off their wealth in public, especially social media. Children need to be taught the importance of a simple life for the financial and career success as they are. Because spending can be saved via the simple way of life. For example, by bringing lunch to eat rather than provide pocket money. Tell to children, though not expensive food, prepare it healthier due to homemade. In addition, the pocket money can be saved to buy something that they want someday.
Independent.
Independence is also important as the provision of financial and career success. The world of work is very hard. If not it could be independent, will be difficult to compete in the workforce. As a child, it is reasonable if much depends upon us as parents. But that does not mean we must always pamper the child. Try to give your trust to them to be independent and responsible for the Act.
Thank you very much for reading Apply 4 Habits in Financial literacy for kids, hopefully useful.