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Teach Your Kids To Handle Money So Your Legacy Is A Blessing, Not A Curse
Mad About Money
|May 2017
Each One of Us Has an Expiry Date on Earth and One Day It Will Be Our Children Who Will Inherit Everything We Have Built and Saved. The Inheritance We Pass to Them, Can Either Become a Blessing in Their Lives, or Can Ruin Them for an Entire Lifetime.ess.
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The difference will lie in the fact that if we as parents fulfilled our duties. If we have taught them to handle their money now, so they can win in life later. Leaving a legacy doesn’t only mean leaving kids with lots of money, rather it should entail, whatever we have we left our kids with- a lot or a little less, have we taught them to manage that money and turn it into a gift for themselves.
IMPARTING MONEY EDUCATION
The main purpose of imparting money education right from an early age is - any education delivered to children when they are young will impact them better compared to when taught at an older age. It works because children are more open to learning new things. Giving financial education from a young age will positively influence their financial behavior when they are older.
However, there is a weird trend prevalent worldwide. Despite knowing the importance of gaining financial skills in life, it’s shocking that there is no culture of financial education in schools or at home.
Dit verhaal komt uit de May 2017-editie van Mad About Money.
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