ARTICLES
Good Investments for Children
I have clear childhood memory - of a man coming to our school when I was only eight years old to talk about investments for children. He showed us what saving just five dollars or pounds a week could do for us from that point until we were adults. The amount of money made from interest was astounding, and had I been smart, I would have started such a program once I was earning my own money. I made the mistake of thinking I had plenty of time. Now that I am in my mid-thirties, I wish I would have thought about savings and retirement much sooner.
Investments for children came to my mind in full force when my daughter was born. One of the first things I thought was that I didn’t want to her to struggle with money as I have in the past. Though her choices will be her own, I can do my best to teach her about savings and learning that not all money should be spent right away, even when you think you have nothing to save. Just five or ten dollars each check can make a huge difference years down...
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More Tips on Confidence Building for Kids
Since it is so crucial that kids grow up believing in themselves, I have more tips for you.
1) Do not criticize. Criticism can greatly diminish confidence. It is easy for parents to say "See, I told you not to do that and now you are dirty all over." We need to remind ourselves constantly that everytime we diminish their self-esteem, it will take us a lot more effort to restore it. Or even worse, we leave it as it is and the child will hesitate to do new things in future. If you have nothing good to say, it is better not to say anything. Talk to children about their mistake in a positive way.
2) What is your first reaction when you see your child in your room full of lipstick on his lips and all your lipsticks are spoilt? Will you start screaming at him? Most of us would. Then you would have fallen into their trap. What should you do then? Make them clean up the mess, even if it takes half the day. The child have to pay for the lipsticks by either not having a new toy or no Macdonalds for the...
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