Drug testing

Teach Your Child About Money

What are we teaching our children about money? Hopefully something!

I remember when I was growing up, our family did not discuss money. Money was a taboo subject, discussed by the parents and handled by the father.

This is one thing that I wish that was discussed more openly when I was younger. Just a little guidance such as "save 10% of your income" and I would have been fine!

How I wish I could turn back the clocks of time. How I wish I was encouraged to save even 1% of my income. When I look back at the year I started working until this year 2003, I'm not saying I would be a millionaire but I certainly would have been much better off!

Now a grown woman I have acknowledged and accepted the past and moved on to a great future. My bank account is increasing each year, I am currently purchasing rental properties and I am feeling incredible being and doing what I love-a Prosperity Coach!

Now I don't necessarily encourage parents to show the kids your mortgage statements but I think it is vital that children know that (while the subject of money may be a tad embarrassing for some parents) it IS a necessary part of life. As you start teaching your child, start slow and encourage them to believe in themselves and their future.

Here are some tips to help your child attain prosperity even at a young age:

1. Buy a piggy bank for your younger children. Allow them to choose whatever color shape or size they desire. Invite them to put their pennies into their piggy bank. Once in a while they may count their pennies and reward themselves if they desire.

2. When your children have proved themselves to handling their pennies, take them to open their own bank accounts. Encourage them to save at least 10% of what they receive as gifts (I know I used to receive money as gifts when I was young!  )

3. Your child should be encouraged to donate or contribute another 10% of their savings. Donate to the church, to the homeless, to the depressed, or to a charity of their choice. This would help the youth become more rounded, become more respectful of others regardless of the situation and become more appreciative of their own lives and their own prosperity.

4. Many young children think that "money grows on trees". I applaud this abundance in them (although they may not know that the Universe is in fact limitless) and think we should encourage and nurture this? to some extent!

5. Talk to the kids and let them know that this paper and metal stuff called money is brought about by YOU working. Whether or not you work or you have inherited a large fortune, don't encourage laziness in your child. They need to be able to work for free sometimes to learn the value of hard work.

6. Money101 is not taught in schools. Where your child's future is heading depends on what you want your child to know. Prepare your child for their future.

7. When your child is old enough encourage your child to purchase a journal or a diary where they can record their dreams and desires. This allows them to dream big and look forward to their lives ahead-filled with prosperity.

8. If they can manage and understand the budgeting process I'm all for it. When grandma gives them money for their birthday, after they have put aside 10% each for savings and for donation to a charity, allow them to budget for the remainder.

9. I'm sure there are loads of chores around the house, washing the dishes, cleaning the rooms, etc. Give your children an allowance but let them work for it.

10. Let the kids participate in the family's money decisions. They may not understand everything but their minds will open up to the energy that money has and will prepare them for their lives ahead.

The kids are our future. I know it may sound a little clich? but the fact is?they are. If you truly interested in your child's future prepare them and trust that the process will work and they will be A-okay! I guarantee it!

About The Author

Sandra Baptist works with persons who desire to attract, enhance and increase a more prosperous life. She empowers brilliant highly motivated men and women to transform their negative beliefs about money so as to attract more wealth, more success and more prosperity into their lives. For free consultations contact her at tel: 1-800-666-4754 or at http://www.EliteCoachingGroup.com

Sandra@EliteCoachingGroup.com

In The News:

University of Oregon scientists have found the first confirmed dinosaur bone in Oregon, Fox 12 Oregon reports.
Sometimes it is just better to just let nature run its course, that's the message from officials in Colorado
NASA is joining forces with US defense giant Lockheed Martin to build a state-of-the-art test plane that could pave the way for the return of supersonic passenger travel.
A teenager was mauled by a shark while spearfishing off the northern coast of Australia on Sunday, authorities said.
Extremely rare artifacts that belonged to Alexander Hamilton have been loaned to the Museum of the American Revolution by the Founding Father’s fifth-great-grandson.
Researchers have created a new device that can trigger partial limb regrowth in frogs. The findings could lead to limb regeneration in mammals somewhere off in the future.
Forget solar panels. Researchers are eyeing mushrooms to generate electricity.
A major new climate study in the journal Nature got worldwide media coverage for finding that the oceans warmed dramatically faster than previously thought — but now the researchers have retracted that conclusion after a man in the United Kingdom blogged about flaws he discovered in the paper.
A long cold winter could hit space in months bringing record low temperatures, NASA has warned.
Keep your eyes peeled this weekend.

Top 20+ Reasons to Pay your Kid an Allowance

1. They can make mistakes under your guidance2. They will... Read More

Parenting Your Teenager: 6 Things to Stop Doing Right Away

1. STOP focusing on what you are going to make... Read More

Role Models for Your Teen

By the time your children reach their teens, there is... Read More

Childhood Obesity & Parents Healthy Food Confusion

Many parents struggle to know which foods are healthy for... Read More

6 Signs You?re A High Maintenance Parent

The children of Baby Boomers, the Echo Generation, are entering... Read More

Hold a Childs Birthday Party for Charity

As a parent, you probably know that the birthday party... Read More

Advantages of Using a Board Certified Pediatrician

When a child is born, a new number is added... Read More

How Fathers Can Step Up to Fathering

When our oldest son was 2, my wife went out... Read More

Selecting A Quality Day Care Center

Many working families choose a commercial or individual day care... Read More

Guerilla Parenting Techniques: What Are They?

When you hear the phrase, 'guerrilla parenting techniques', what images... Read More

Advocating for Your Child with LD

Advocate: you've probably heard the term before. But what does... Read More

Aquini Potty Training Dolls - A Great Tool For Potty Training!

Corolle Paul or Emma Drink-and-Wet SET potty dollsThis is the... Read More

Empty Nest Syndrome

Paula's last child had just gone off to college and... Read More

Watch Your Language! - How Parents Can Help Kids Help Themselves

'I felt great until I walked into the classroom -... Read More

Car Wash Fundraiser Preparation

Are you considering a car wash fundraiser for your group?... Read More

Parenting - The Irrational Vocation

There are some grounds to assume that a cognitive dissonance... Read More

Frequently Asked Questions About Reading To Your Child

Are you worried about your child's reading habits? Perhaps you... Read More

Develop Your Childs Genius: Training Your Child for Success

This time, I would like to talk about a subject... Read More

How To Teach Children Loyalty and Dependability

Individualism is a common thing in today's modern society. Many... Read More

Detox To Help Conception

Detox To Conceive.. If you're having trouble conceiving... Read More

Understanding Why Your Child Has Been Recommended for Testing

You have just received a call from your child's teacher... Read More

Saying No To Our Children

Saying no to our children is not always easy or... Read More

Preparing Your Child for the Three Rs

There is little doubt that reading, 'riting and 'rithmetic are... Read More

Five Tips for Successful Grandparenting

1. Boundaries are necessary for control and safety.All children need... Read More

Helping Your Teen Get Back to School With Clear Skin

Backpack? Check. Notebooks? Check. Ink-pens? Check. Clear Skin? Mommmm!If you... Read More

walkway lighting fixtures induction circle Pete's produce ..