What About The Children?
Being a parent, I am constantly thinking about how to help my children gain a firmer understanding of the financial world, so that I can help them succeed even before they get started. If you are a parent, no doubt you want this for your kids as well. And if you are not, I’d venture that there’s a very strong chance you have children in your life, or will have in the future. So whether you have kids or not, this is a post for you.
Open Up About Money
Finance and wealth creation is not something that should be hidden from children. Admittedly, finance is not something parents used to talk about with kids. More likely, it is something parents work to hide from their kids. For some reason, money and finance seem to be right up there with big ‘S’ word in conversations we’d love to avoid with our kids. And that is why most of us grow up with limited financial intelligence. But if you start your kids young, you can change the financial future for them, and you can prevent the kind of financial pain, associations, and struggle that we’ve been discussing.
It really makes so very little sense for us to be closed-lipped about money, wealth, and finances with our kids. In fact, that reluctance to address the issue is one of the things that leads to the impression that money is somehow bad, evil, or painful. And we all know where that leads now, don’t we!
An Ounce Of Prevention Is Worth A Pound Of Cure
You’ll find that by being open and honest and including your children in your financial education with the 21st Century Academy, and even just with everyday finance, that you will open the minds of your children and in fact take down barriers to financial success before they are ever built up. Children are, as any parent knows, extraordinarily resilient. They are capable of grasping so much more than we ever thought possible. We do them a great disservice by assuming that they cannot benefit from a financial education from an early age.
Jamie McIntyre and the 21st Century Academy understand this. The programs offered even include provisions for kids and teens. Take advantage of that, but also make financial education a part of your child’s everyday life. Talk to them, be open and honest, include them, and ask their opinions. Empower your children towards financial success from the beginning, and save them the lifetime of struggle and frustration that you’ve endured. Be a child’s financial hero!
To Your Continued Financial Success
Sean Rasmussen
21st Century Academy
Universal Wealth Creation © 2004 - 2008
Tags: 21st Century Education, Education, Financial, Financial Intelligence, Money, Success, Wealth Creation
July 2nd, 2008 at 1:00 pm
I agree completely. In my new book, The Ultimate Allowance, I talk about the three things parents must do to empower their kids financially: 1) set a great example, 2) talk to their kids about everything money, and 3) start running the money they spend ON their kids THROUGH their kids so that they have plenty of practice with money BEFORE they move out and their mistakes aren’t so painful.
At our Camp Millionaire programs we teach kids all the basic principles they need to make, manage and multiply their money wisely. For more information, visit http://www.creativewealthintl.org