You Are Already Wealthy
Do you think of yourself as wealthy? Do you tell your children that you are wealthy? What if you looked at defining wealth differently?
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What Allowance Teaches our Children & Be Grateful for your Bills
Allowance gives you the opportunity to show your children how to manage money. Allowance in our house is divided into four categories: savings, spending, investment and giving back.
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Prosperous (Growth) Money Mindsets
Less than 31% of children between the ages of 12-18 receive financial literacy information at school and only 1% of parents say their kids save anything from their allowance. Wow! We are sending our children off into the world completely ignorant about money. Teach your children how to have a prosperous, success-ready money mindset.
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Funny Money (Fixed) Mindsets
A key factor to raising successful children is the thoughts that we ingrain in our children from a very young age about money. See if some of these resonate with you, perhaps you heard them when you were a child and/or perhaps you say them to your children now.
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Entitlement Versus Privilege
Sometimes parents get so caught up in giving to their children that they miss what power they do have. It is important to understand the difference between a parental obligation and a privilege.
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How Consequences Don’t Have to be Punitive
Use natural consequences or your children’s currency to set up what you feel are the expectations in your house. And, did you know that consequences can be positive?
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Get Curious & Blind Trust
You may notice that I don’t often get punitive with my kids, I get curious. This leads me to asking questions to truly see where they are at in their life at that moment in time. l invite you to do the same —ask questions of them and their Key Influencers.
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Listen to Hear, Not To Talk
My son taught me that something we, as parents, teachers, coaches, etc., might perceive as ‘normal’ or ‘right’, isn’t always the case! When I didn’t see what he wanted to read as the ‘right’ reading materials, I shut him down. When I heard his words and supported him, he blossomed.
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Parent First, Friend Second (& Sometimes You Are Even the Principal)
Parents need to understand that they are their child’s parent first and their friend second. Sometimes it’s easier to be their friend because you don’t have to have consistent firm boundaries or realize that, ultimately, as they continue to grow, you are the main person responsible for them.
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Recent Comments
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Amber Scotchburn
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Amber -
Amber Scotchburn
Thank you :)!
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