(Note: if you’d rather listen this than read it, click here.)
If you have kids, you more than likely want to make sure they grow up knowing what to do with money.
And you’d probably prefer that they know what to do THRIVE financially and not just SURVIVE tough economic times like we’re having now. (My son Andrew, at 26 years old, is happily living on his own, in his own apartment with a great job, no debt, a nice used car he bought himself and saving money…makes his mother proud.)
One fact about the economy that many people don’t realize is that more millionaires are made during a DOWN economic cycle than during an UP economic cycle. And the people who are thriving are the ones who understand how the economy and money work together. These people spot opportunities at every turn, have cash to take advantage of these opportunities and get rich doing so.
After reading this article, you’ll have some simple, but not necessarily always easy, things you can do to recession proof YOUR kids. Isn’t growing happy, healthy, wealthy adults who do good in the world worth whatever it takes?
Glad you think so. And since, as is often said…time is money, so let’s get going.
The Financially Savvy Adult Parenting Plan
How many of you have a plan to make sure your kids get the very best in life there is to offer?
How many of you realize that whatever they choose to do in life, they’re probably going to need a little money to create it?
Responsibility…the end result.
Years ago, I was a personal trainer and fitness instructor. Back then I realized that the way I taught and approached training my clients was with the philosophy that it wasn’t my job to just lead them through an aerobic class or walk them through a workout with weights. It was my purpose, which became my passion, to empower them to take care of themselves in a larger, more expressive way; without the club and without me at their side counting reps.
I have always enjoyed inspiring people to think differently about things. First fitness and nutrition and now money, personal finance, investing, and living in general. I love it when something I teach or say causes someone else to stop, stumble in their tracks and have thoughts that completely turn their world into a more joyous place to live. Gives me goosepimples just thinking about it!
At Creative Wealth, we’ve been teaching kids, teens and adults about money and investing since 2002 and we approach financial literacy the exact same way. When we can empower someone to take better care of themselves, and others, it just seems like the world is a better place for all of us.
Our mission statement…”Empowering people to take care of themselves and the world.” might also be a great mission that you could embrace while raising your children.
This article is for those of you who don’t have a plan or have a plan but don’t know where to start.
The Money Game™
Winning The Money Game
Before we talk about how you can empower YOUR children, imagine this scenario..
Your child comes to you one day and says, “Mom, Dad, I want to grow up and be a major league ball player.” You say, “Wow, that’s cool. Good for you.” Then you go back to doing what you were doing.
Your child taps you on the shoulder and asks, “Um, would it be possible for you to get me a ball so I could learn how to throw it?” You say, “Maybe later.”
He says, “Well, how about a glove and a bat so I can learn to catch the ball and hit the ball?” You respond, “Nah, I don’t think so.” He’s a bit frustrated at this point and asks, “OK, but will you at least teach me the rules?”
You say, “Oh, you can learn the rules later.” Now he is angry, fuming inside and feels completely stuck.
His face turns bright red, he inhales threw his nose like a bull and yells, “But how am I ever going to become a great ball player and win the game, if I don’t have a ball, a bat or a glove to practice with and I don’t know the rules?”
This is what parents do, most unknowingly, to their children in regard to money. We raise them, help them survive to age 18 (where we then call them ADULTS) and we send them out into THEIR show, unprepared to play or win their own person Money Game.
We rarely give them the EQUIPMENT they need to practice with, the TIME to practice or the RULES they need to win THE MONEY GAME.
A little story…
When I was little girl, the main thing I remember learning about The Money Game was that MEN weren’t very good at it. I remember my mom always getting mad at my dad when he bought stuff she didn’t think we needed.
I realized when I was in my 20’s that the reason she loved garage sales was because it allowed her to have many of the things she wanted but couldn’t afford to pay for full price for.
It wasn’t until I was in my mid 30’s that I figured out that the only reason I didn’t know about money, and have a bunch saved up, was that now one had taught me about it.
I remember about that time, calling my mother and asking her WHY I didn’t know what to do with money. After all, I was a straight A student all through high school and college. How did I not learn about MONEY?
When I called her, after a long, silent pause, she simply said, “Honey, how could I teach you something I didn’t know myself?”
I was in shock and when I recovered, I set about to teach myself about this green stuff we need to live our lives and experience all that life has to offer. Then, I decided I didn’t want other children the same way I did…not knowing about money. That was what led to the creation of the original Money Camp for Kids and what is now called Camp Millionaire.
Lessons from Parents
While teaching our camps over the years, I found that most parents think it’s important that their children learn how to use money while they are young.
Only problem with this situation is that many parents don’t realize it’s up the THEM to teach their kids about money because for the most part, they just aren’t going to learn this critical life-skill in school.
They MAY learn a bit about budgets or writing checks, but they probably won’t learn about investing in assets and passive income and avoiding debt, i.e., all the really important stuff.
The saddest thing is that they rarely learn how to start businesses…but I’ll get to that point in a bit.
You see, after years of teaching kids about money, it became clear to me that kids needed to have some very specific experiences and learn a few very specific tools in order to grow up financially savvy.
And over the years, I distilled this stuff down into three simple things that I now call The Three Keys to Raising Money Savvy Adults. This information is so important, I give it away on my homepage as a report for anyone who wants it.
I share these three things often because they are the backbone for creating financially literate human beings. I want to share these three keys with you again so you can make sure your own kids get the experiences and tools they need to grow up financially savvy!
So let’s get right to those three keys!
Key Number One is illustrated by one of my favorite quotes from the wonderful Albert Einstein. He once said, “Setting an example is not the main means of influencing another; it is the only means.”
Many of you have probably heard the saying, “Do as I say, not as I do.” Lots of parents think that the “Do As I Say” method of parenting works, but we all know that it doesn’t.
You see, your children are constantly learning from you, and others in their world, by example and they’re learning by example in three distinct ways:
By what they SEE you, and others, doing with money.
By what they HEAR you, and others, saying about money.
And by the experiences they have with money as a child.
Much of what they learn shows up in their belief systems later in life and literally controls their thoughts, beliefs and attitudes about money at an unconscious level. And many of those thoughts, beliefs and attitudes about money aren’t supportive in the leastest bit.
You might not think that a little fight here or there about money in front of your child is a big deal. But what if that child decides that having money leads to disharmony or causes people to fight and not love each other anymore. In many ways, money can end up being a very negative substance when they grow up. This is NOT the way you raise financially savvy adults.
Discussing all of the ramifications of what you may be teaching your children through your examples is covered in great detail in The Ultimate Allowance book that I wrote. For now, just know that you might want to be mindful of what your children are seeing, hearing and experiencing around money.
So, the first key is to set the very best example you can.
Key Number Two has to do with getting your kids used to the idea that money is a natural part of life and it’s something they’re going to have to learn to do well if they want to do well in life.
In order to do this, I suggest you start talking to your kids about all aspects of money and get them involved with the family’s finances as young as possible so they know what the financial aspects of life look like.
I’ve read that parents often say they’d rather talk to their kids about sex and drugs than money.
This is because, as human beings, we tend to make money mean more that it really means. In all of our programs, we teach the idea that money is simply a tool to reach your dreams and help others reach theirs.
For some reason, we make money mean something about us. We equate it to our success, our popularity, our happiness. We equate our self-worth with our net-worth, but in truth, it doesn’t mean any of those things.
Money buys freedom and experiences and nothing more.
So, what exactly does it look like to involve your kids in the family’s finances? Here are some ideas…
Let them help you pay bills by writing checks and paying bills online.
Go over credit card statements with them. Teach them how to read the statements and help them understand about charges, interest and late fees.
If you have a financial advisor, take them with you.
If you have an insurance person, let them sit in on the meetings.
If you actively plan the family’s finances with a budget or some other planning system, let the kids help and see what it actually entrails to run the entire household.
The important thing is to let your kids see you dealing with all the different financial aspects of life so they know what being responsible with money looks like. This way it’s not such a surprise when they move out on their own with just a backpack and a checkbook and their entire life in front of them!
Key Number Three is to give your children the opportunity to practice with money as often as possible while they are young, so they get really good with it by the time they move out. This way they will move out and stay out, except for visiting you to do their laundry, of course!
The next question is usually…
HOW do I give my child the opportunity to practice with money? I’m so glad you asked!
The fact is…if you want them to practice with money, they have to have money in their hands on a regular basis. The key, however, is that it’s critical that they have guidance from you in how to use that money wisely.
What I have realized over the years is that kids who get a lot of practice with money are much better with it than kids who don’t. And, kids would rather spend YOUR money than THEIR money so putting them in charge of their own money is critical step.
Studies have shown that it takes as little as ten hours of financial education to influence a child’s financial decisions later in life. All things being equal, ten hours doesn’t seem like much of a commitment over a period of 18 years. The critical piece to the financial literacy puzzle, however, is the practice they get must have with money.
So here’s a question…aren’t you spending a large chuck on money on your kids already…just to raise them? I thought so.
To give them the practice they need, simply take a portion of this money and run it THROUGH them instead. Remember, I said it was simple; I did not say it would be easy.
Financial practice leads to financial skill
The idea is to start small, when the child is young, by giving him or her the responsibility to start paying for the little things, like hair accessories or socks or pencils and paper for school.
As your child gets older, you keep adding onto to this amount, so that by the time your child is 18, he or she is 100% in charge of everything in life that involves money!
This is where I want to throw in the piece about growing children’s natural entrepreneurial talents, i.e., introducing them to the wonderful world of owning their own businesses and calling their own shots in life.
As your children grow up, encourage them to MAKE extra money by creating little businesses where they will learn to buy and sell products or services to others by offering solutions that solve people’s problem. Teach them the difference between ‘earning’ money (trading their time and energy for it) vs. ‘making’ money (creating it themselves by being an entrepreneur). It’s the greatest of all money lessons you can provide for your children.
So let’s review the three keys…
First, set the best example you can for your child. If you don’t understand how money works, learn with your child. Kids love learning stuff right along with their parents. Admit that you never learned about money while you were young and do your best not to feel embarrassed or ashamed. There are more adults who didn’t learn about money than did learn when they were young…constantly remind yourself you’re not alone in this situation. Use this time to empower the entire family.
Shameless plug…if you have kids who still color (I still color, don’t you?), order our new Financial Wisdom Coloring Book for Kids and Parents. It’s a great way to start exposing your kids to the world of money and it teaches you right along with them if you need to learn the basics. (If I didn’t think it was the best tool for your kids I wouldn’t suggest it;-)
Second, talk to your kids about money every chance you get. Bring them into the family finances. Let them help you with YOUR money and let them see that it’s just another aspect of life they have to know and get good at… and please remember to explain why they must know this stuff.
Better yet, ASK them why it might be a great idea to understand how money works and how to use it wisely. Ask, don’t tell is one of the best teaching techniques on the face of the planet so use it often!
Third, whatever you do, give them as many opportunities as you can with money so they get plenty of practice with before they move out. And not just ‘spending’ practice. They need practice making decisions, purchasing wisely, donating and doing good with money, saving to buy something at a later date, investing and watching their money accumulate and grow.
Your kids need to be given the tools they need and have a huge field to get plenty of practice on if you want them to Win The Money Game when they grow up.
What are you waiting for? You have financially savvy adults to raise. Get out there and help them practice!
In her Time Magazine article, How to Teach Kids About Money (Jan. 12, 2010) which isn’t really what the article was about to begin with), Barbara Kiviat talks about the fact that teaching financial literacy to kids doesn’t work and why. Lewis Mandell, who evidently has ‘studied’ financial literacy programs for 15 years, says, “We need to figure out how to do this the right way.”
Hello! There is a right way and I’ve been doing it for years. Want to know why financial literacy programs don’t work? I’ll tell you…because they are BORING and IRRELEVANT to the kids who are being forced to sit through them.
You see, most education is taught using auditory methodology, i.e., the teachers attempt to teach by ‘talking’ to students who are supposed to be sitting in their desks paying attention. The main problem with this situation is that less than 11% of us learn by listening. We learn primarily by seeing and by doing which is commonly referred to in Accelerated Learning as Visual and Kinesthetic.
When you examine how the majority of financial literacy programs and curriculums are presented to kids and teens, it is taught AT them; not presented in fun or entertaining and hardly ever is it taught through kinesthetic methods. It is not relevant to them yet and they are simply bored with the whole idea. Not a good context to teach what is perhaps the most ‘valuable’ information and life-skill they need to succeed in life.
So to ANSWER the question that Barbara asks in her headline, How to teach kids about money, here’s what you do…
First, and foremost, you stop talking about it and have kids experience what it feels like to get paid, have taxes taken out of their paychecks before they receive them, make them pay of adult expenses and stage events like car crashes that eat up their savings (the lesson: never let your account get to zero!).
Children must practice ‘paying themselves first’ so that they can experience the thrill of investing in their first asset which then pays them passive income (money they don’t have to trade their time and energy for) for as long as the asset is viable. After all, financial freedom does not come from having a steady paycheck or saving; financial freedom is the result of having enough assets paying you more than enough money to live the lifestyle you want for as long as you want.
Have teens experience what it’s like to invest in real estate, a business and the stock market and know that sometimes these ‘three pillars of wealth’ make you money and sometimes they doesn’t. It’s just part of being able to pave your own way in life so you never have to work for another human being unless you want to.
Our current education systems, for the most part, is busy creating mediocre-quality employees and soldiers who do as they are told and yet we continue to hear the outcry of, “We must create more jobs!” It’s entrepreneurs who are empowered with the knowledge and skill to go for it, be their own bosses, think outside of the box that are going to create all those jobs; not the 22-year old college graduate who was been brainwashed by an ignorant society that still believes that college is ‘the’ way to a successful life instead of simply ‘a’ way.
Next, you put children and teens in charge of a percentage of the money that is used to raise them. Instead of parents spending money ON their children, they a portion of that money THROUGH them. This way they get plenty of financial practice before they move out and their financial choices really matter. Let’s face it, no practice, no skill and we all know where no financial skill has gotten us as a nation.
Next, as adults, we must recognize the power of practicing what we preach and start setting the best financial responsible example we can for our children. We can not tell them to do one thing while do another. Our largest role model, the federal government (an Uncle at that) regularly spends more money than it brings in and that speaks volumes about whether or not you can live life living on more than you make. If it’s OK for Uncle Sam, why isn’t it OK for our kids as well?
Lastly, we stop making money mean something about who we are as human beings. Money doesn’t make us smarter or better or thinner or more worthy. Money simply makes us more of what we already are.
The Bottom line…the sooner we teach our children that money is simply a tool to reach their dreams AND we start modeling the habits, choices and behavior that leads to financial security, the sooner we can go from a society that is financially stressed and in debt to a culture that is financially responsible and secure.
When that magical 13th birthday happens and your ‘child’ transforms into a ‘teen’, everything seems to change. At least, we make up that it does. Nothing changes, however, except the continual growing up that our children (hopefully) inevitably do.
One this is for sure though. The earlier you expose them to information (any information), the quicker they learn it AND the easier it is for them to accept that information as matter of fact. Kinda like brushing their teeth!
Money, and learning to make, use and invest it wisely, is one of those subjects that are best taught early but, because so many parents (for so many reasons) do not know how to or just don’t expose their children to the financial basics they need, sometimes you have to take a different route to the same goal.
The goal: being financially savvy adults.
The route: here’s ONE suggestion:
PAY YOUR CHILDREN TO READ FINANCIAL BOOKS!
Yup, you read that right and I’ve talked about this before. Most children love money because they understand that it buys stuff, ‘piddlyjunk’ to be specific (stuff that either goes DOWN in value or has NO value once purchased). What they don’t get intrinsically, unless it’s modeled for them, are the saving and investing pieces.
So if you’ve realized you haven’t done the best job in the financial parenting department, it’s time to get on the ball. Go buy (or check out from the library) a few financial books. Here are a few I always recommend:
Secrets of the Millionaire Mind by T. Harv Eker
Rich Dad, Poor Dad and Rich Dad, Poor Dad for Teens by Robert Kiyosaki
The New Totally Awesome Money Books for Kids by Arthur Bochner, Rose Bochner, and Adriane G. Berg (available on Amazon)
Once you have a book or two ready (so they can choose), here’s what you do.
First, open up the conversation by relating money to something they like. These are called Enrolling Questions and I talk about them in great detail in The Ultimate Allowance. They sound like, “So, how would you like to learn how to have enough money to always have what you need and want?” or “I know you like to have a lot of freedom. Learning how to have more than enough money in your life is the key to that freedom. Would you like to learn how?” Stuff like that. The point is to get them interested.
Next, let him/her know that you have an opportunity to learn and earn. Explain that you’re going to supply a number of money books (it’s great if YOU read them first by the way so you know what’s in them) and for every book they read, you’ll pay them _______. I suggest at least $25 (it’s worth it!) but you can modify to fit your budget. Once they finish the book, they have to do a three page (at least) report on the basic information in the book and then, (here’s my favorite part) have an open conversation with you about how they can apply the information to their lives now and in the future.
Now here’s where it gets challenging on your part. DO NOT start preaching to them or telling them, “If only I had ______ (you fill in the blank).” You want them to be open to having these amazing conversations about money with you. If they ask about your experience or you want to share, ASK if they want to hear about it first.
One of the basic premises behind Accelerated Learning (how we teach all of our programs) is “Ask, Don’t Tell.” In other words, assume they know the answer already and just explore what they know before you go trying to tell them anything. YOU don’t like to be told stuff. Neither do your kids.
So that’s it. Pick a book. Introduce the opportunity. Let them read, do a book report and have a great conversation and then pay ’em. I promise you it will be one of the best investment decisions you ever make.
The practice of yoga is designed to offer a space to contemplate and observe our lives in a nonjudgment way that encourages transformation if that is desired. The idea of nonjudgmental observation of the ways you handle and ‘deal with’ money can also lead to transformation, if you let it and if you want it.
The question I often ask my clients is, “Do you really want to change? Is it worth it to you to go about the inner work to see why you keep choosing the financial storms you live in or are you just fooling yourself into thinking you want to change?”
I know, I know. You’re wondering if I have lost my rocker (as my mom would say) and gone off the deep end (also what my mom would say) into another world all together, but stay with me here. Remember that one of my objectives is always to get you to think differently and if thinking the way you have been thinking about money has brought you pain and suffering, perhaps thinking in a different way may bring some relief.
The first thing to know, and own, is that we are all in charge of making everything up and we choose, either consciously or subconsciously, the exact path we experience in life.
The challenge is that we often don’t realize we’ve chosen something until we’re almost ‘there’ and then we realize we don’t WANT to go ‘there.’
Ask yourself this question, “In terms of my current financial situation, how much of it am I making mean something that isn’t serving me physically, mentally, spiritually, emotionally? How much of what I am living could be changed instantaneously simply by choosing a new meaning?”
Let me give you an example. Let’s say you are in debt, whether a little or a lot.
Let’s say that you make the fact that you have that debt mean something about you as a person; you’re not good with money, you’re not responsible, you’re not as good as your friends who have no debt (you might be very surprised to find out that most adults DO have some debt), you’ll never be secure in your future, and on and on and on. Daily, you let what you make money MEAN about you erode your self-esteem, your self-worth, weigh heavy on your mind, cause you health problems because of the stress you’re putting yourself under.
Let’s say, however, that while you’re getting yourself out of debt and learning the financial skills you want to know to do money differently, you decide NOT to make the fact that you’re in debt mean all of those things that you interpret as stressful and NOT to let the debt make you feel less than the amazing human being you are? Could you now move forward with a clearer mind, be more open to information and opportunities, sleep better, take better care of your body, etc.? I submit that you could.
Here’s a little financial yoga to help you transform your current stressful experience with money (if that’s what you’re experiencing) into one that is a little more joyful, appreciative and supportive.
Right now (well, right after you read through these instructions), sit for 10 minutes. Get a timer if you have to but sit for 10 minutes. Close your eyes and imagine sitting in a circle and outside of that circle is the debt, or whatever other financial challenge you are interpreting in a way that isn’t serving you. (For me it was a house I couldn’t afford to keep in Arizona last year so I chose to let it go and not make it mean anything about me as a human being.)
See the debt, or situation, as separate from you, which it is, and begin to realize that it can’t physically affect you or hurt you or touch you, unless you choose for it to do so.
This does NOT mean that you don’t take whatever situation seriously or act responsibly. But, once you remove the stress and make it stop meaning something that it is not, you can then take the necessary steps to mitigate the situation. It also means that while you’re fixing the situation, you’re not letting the situation harm you any longer. You can even repeat one of these affirmations:
I am not my debt. I am independent of the amount of money I owe to others.
The simple fact is, we don’t have debtors prison any longer (not sure if this is a good thing), we are only human and as human being we do tend toward doing things right now (read this amazing article to see why: WhyJohnnyCan’tSaveForRetirement) and I do believe that even though we’re the ones who USE the credit cards, it has been made too easy for us when most adults never received the proper education or the ability to say NO to buying things now and hopefully paying for them later.
The point is to begin seeing that money doesn’t have to define you. Period. You are you. The debt is the debt. It’s up to you to keep them separate and figure out how to improve your financial situation with the grace and peace that is inside each of us to utilize.
There is synergy of energy, commitment, and excitement that participants bring to a Mastermind Group. The beauty of Mastermind Groups is that participants raise the bar by challenging each other to create and implement goals, brainstorm ideas, and support each other with total honesty, respect and compassion. Mastermind participants act as catalysts for growth, devil’s advocates and supportive colleagues.
The concept of the Mastermind Group was formally introduced by Napoleon Hill in the early 1900’s. In his timeless classic, “Think And Grow Rich” he wrote about the Mastermind principle as:
“The coordination of knowledge and effort of two or more people, who work toward a definite purpose, in the spirit of harmony.”
He continues …
“No two minds ever come together without thereby creating a third, invisible intangible force, which may be likened to a third mind.”
In a Mastermind Group, the agenda belongs to the group, and each person’s participation is key. Your peers give you feedback, help you brainstorm new possibilities, and set up accountability structures that keep you focused and on track. You will create a community of supportive colleagues who will brainstorm together to move the group to new heights.
You’ll gain tremendous insights, which can improve your business and personal life. Your Mastermind Group is like having a objective board of directors.
What Will You Get From It?
Experience, skill and confidence
Real progress in your business and personal life
An instant and valuable support network
A sense of shared endeavor – there are others out there!
Design things to be the way you want them to be, not as you’ve been told they “should” be
Who Should Attend?
People who:
have a similar interest (such as a group for self-employed people, or a group for spiritual thinkers, or a group for people in a certain corporation or industry)
have a similar skill and/or success level
have the desire and inspiration to make this year extraordinary
want a supportive team of Mastermind partners
want to reach or exceed their goals
are ready to let their desire to be passionate about their life and work overcome their fear of change
Because of the group nature, a commitment is required. Look for highly-motivated people who are willing to ask for — and give –help and support.
How Do You Screen Applicants?
Before agreeing to let any new applicants into your group, it’s important to screen them to make sure they’ll fit into the existing group and that their commitment level is high. Decide in advance how many people should be in your group (5-8 is recommended), and only allow new members into the group with the unanimous consent of everyone in the group.
Do you have a personal or business mission or vision statement?
What are your five-year goals?
Where will you find time to participate in the Mastermind Group?
What is your commitment to moving forward in your business and personal life?
Why should you be chosen to participate in this group?
Even with a screening process your group is likely to run across people who say that they’re committed but then don’t participate, or who say that they’re honest but then fail to keep the trust of the group. Be prepared to ask people to leave the group who are not participating up to the group standard and do it quickly once the poor behavior becomes evident. A “slacking” member will bring down the energy and fun level for the whole group.
To get Karyn’s FREE E-book: How to Create a Mastermind Group or to learn more, visit Karyn’s site at www.thesuccessalliance.com.
A little bit about Karyn:
Karyn Greenstreet
Karyn Greenstreet is the owner of Passion For Business and The Success AllianceTM. She is an internationally-known speaker, author, and self-employment expert who has taught over 250,000 people worldwide. She has been creating and running mastermind groups since 1994 and is the author of How to Start a For-Profit Mastermind Group (now in it’s 2nd edition!)
If you saw the wonderful movie, August Rush, about the musically gifted (that is an understatement) little boy who grew up in a home with other boys without families but knew down deep that his parents were alive, then you remember his saying…
“The music’s all around us…all we have to do it listen.”
Well, what if the MONEY was all around us…and all we had to do was look for is?”
It’s one thing to grew up thinking that we have to get good grades in high school in order to get good grades in college in order to get a good secure job which doesn’t exist for the most part anymore. It’s entirely another thing to learn early on that that isn’t the truth.
Preparing your children to go to college isn’t a bad thing. Leading them to think that it’s the only way they are going to be successful in life is child abuse. And here’s why…
When children grow up to be adults who think that they must depend on others for their own livelihood, it’s like preparing them to be in jail for the rest of their lives.
To be dependent on others is one of the worst ways to live. Instead, let’s empower our children to make their own way, use their natural born genius to build products and services that make the world a better place and more.
In order to do this you have to begin instilling these ideas and philosophies early and if you, the parent or guardian didn’t grow up with these ideas, it can be rough going at first.
The best way to teach your children a different way if you can’t set the example yourself is to ask for the help of another adult who can. Help your child find a mentor, help a friend who owns a business, makes money on the internet, has a product or service business that works with other businesses.
Here’s just one example of thousands who figured out a different way while they were young…
In allowing your child to see another way, you provide him or her with endless possibilities in terms of being able to take care of themselves.
(Note: if you’d rather listen this than read it, click here.)
