Showing posts with label finances understanding. Show all posts
Showing posts with label finances understanding. Show all posts

Engaging Teen Interest In Financial Literacy


One good thing about having a home based business is that you may in fact, teach your kids a thing or two about money. Setting an example and following up shows ours kids that you not only know how to make the sale, but also multiply it by keeping your customers. Letting them having some responsibility when it comes to money is a big step, but it is also a test of how mature they are. Letting them know that handling money and making money cannot be taken lightly, but once they got it down, the world is the limit!!!



This is just the beginning of year 2007, what are the plans you have for your kids that you can educate them about financial literacy?
Times are now different, as parents are shaking their heads at the differences between themselves and the children which we called generations! The generation gap is fast becoming a generation lap as our kids or maybe our grandchildren overtake us in the information they have at their fingertips.
The processing skills, especially using the internet, are one key element that sets us apart, sometimes the differences between adults and kids are rarely radical as you think.
A teen faces many of the same dilemmas as us in making their own financial decisions and consumer decisions based on research.
As parents we need to recognize the learning process of each child so that we can work on them individually. Each of our children is unique. I have some learning strategy that I always remember which I am sure some of you have learned but didn’t apply it to their lives. We can take these principles to help our children to engage their interest in financial literacy.
The guru I am talking about is none other than Dale Carnegie. I got these principles from his bestseller books “How to win friends and influence people”.
1. Don’t criticize, condemn and complain.....CONTINUED