Financial Education For Kids

One of the differences between rich families and poor families is that rich families teach their children about how to be rich. However, there are ways to teach any child how to be better with a checkbook. There are, of course, books and sites to help your child create a business and succeed at it. One that comes to mind is “Rich Kid Smart Kid”, by Robert Kiyosaki. Also the famous cashflow 101 for kids board game by the same author is definitely a great start.

Peak the kid interest in making money

Kids can generate their own cash flow. It’s just a matter of teaching them the basics, and then encouraging them to try things. Before you let them loose, remember to show them a few things. The most obvious thing to show them is the advantages of having their own income. For example, they can buy their own clothes and toys, as well as food. Once they realize that they can pay for things themselves, their interest in making money will be peaked.

Show them where your money goes. Specifically, show them bills, and what each bill buys the household. Also, go over the food bill, and show how much food the family eats on a monthly basis. Although there will be some dispute whether some items (such as Brussels sprouts) should be on the list, and questions as to why others (such as pizza) aren’t on the menu more often, you can show them why pizza and other fast food items aren’t bought as often because of their cost compared to normal food.

Let them experiment business

Once you’ve shown them what money can buy them, and where money goes, give them a chance to experiment. There are several ways you can do this, depending on how old the children are and what you have available. There are a lot of options to lemonade and lawn-mowing, even though they aren’t that bad to start with. They’ll probably be more able to do service-oriented businesses, especially those that don’t require a lot of skill, such as carrying small loads, baby-sitting, running errands, weeding, some farm chores, and, yes, lawn-mowing. Some kids even do well with a rent-a-kid service, where older adults just want someone to listen to them, or help them with basic chores.

Once they get their business off the floor, you can introduce the concept of advertising to them, to help expand their business, getting them new customers, to whatever limit you think they can handle. Also, don’t be afraid about calling their customers to se how they are doing, just don’t get obsessive about it or you may cost the kid customers. The input helps, especially if they have a product that they are selling.

And don’t forget to set up a banking account specifically for the child’s business. This allows you to show him how banking works, and gets him used to how a balance sheet works; both of these are obviously useful skills later on. The account will also teach the child about interest, and possibly fees, which can be frustrating, especially if the account is usually below the minimum balance. Also, when the business is shelved, the account can continue, allowing it to garner interest; enough interest and the account can help towards college.

Play with them with “Cashflow for kids”

By creating a business, even if it doesn’t last long, the child develops a certain Financial IQ; he knows where money goes and comes from, how to create it, and has a glimpse into how the world of finance. This insight will be invaluable later on, especially if the child decides to try his hand at business later on. Even if it is just a game, “cashflow for kids” board game is specially designed to teach kids about being smart with money.

Character Education For Kids is Very Important

Why Character Education for kids is so Important?

There has been a shortage of character education in schools and this is becoming more evident from the increase in the crime rate and violent incidents taking place all over the world. Studies those have been made in different countries and the subsequent research done by experts and NGOs go on to show that there is a dramatic “moral decline” in the western world including America and Western Europe as well as Australia.

Much of these destructive trends are a direct result of the modern day social ideologies and thought processes that perpetuate self-indulgence and gratification of ones own being. Modern day thought processes deeply believe in the statistical data and is therefore obsessed with the massive growth in the mass media, the online world and the social networking sites like Face book, Orkut, Twitter etc. Modern day kids often try and look for solving their problems on the net which results in utmost confusion and wrongful decision making by them.

Why is Character Education so important for modern day children? Children these days do not feel the necessity of seeking the advice of their parents and other elder and experienced people who are much more mature than they are. This is also true because most of the families have become nuclear families and parents working hard for long hours and they have very little time to spare for their children who are left in the lurch to fend for themselves in their lives of lonely solitude, grappling to find a solution to each and every problem they encounter all by themselves. Children these days are losing faith in the concept of the absolute truth which every young individual is keen to find out. Therefore, because of this, the kids come to the conclusion that whatever works out for them in the short term is the right thing to do and things that do not work for them well is rejected by their subconscious minds to say the least.

With the growing disrespect for their parents and other elders who are seldom available, there is a shockingly overindulgence in sexual activities, increase in the number of abortion cases, there has been a big rise to self destructive habits and tendencies which manifest themselves in the form of suicidal attempts, taking recourse to drugs and alcohol thus resulting in their abuse and addiction, and many other types of destructive human behavior in modern society mostly in the big cities which emphasizes that there is a major concern and an urgent need for the introduction of moral education and in the school curriculum of every educational institution.

With rising competition in schools for getting better grades, moral science and character education as educative subjects have been losing its sheen and are being ignored. It is a subject that develops a person’s character traits and personality and yet it has not been made a compulsory subject. Because of this, we have seen a dramatic rise in the cases of instances in school violence, which are fatal and non-fatal crimes like rape, sexual predators, break in burglary etc. as well as serious assaults and racial discrimination’s as seen with the Australian students in recent times.

Safety Education For Kids

I thought I was knowledgeable about the dangers our children face in our crazy mixed up world. After all I raised five special needs children as a single parent after my wife passed away. It was not until I read some articles about the dangers facing our children on the internet that I realized I was only seeing the tip of the iceberg.

Safety education for kids and teens is critical and should be on the top of every parent to do list. Parents must take action immediately to assure the safety of our kids not only on the internet but in other life events as well.

Here are some really frightening statistics from law enforcement agencies:

*When your child enters a chat room and engages in conversation with someone there is a 50% probability that the stranger they are talking to is a pedophile pretending to be a child.

*At any time you are on the internet there are over 5 million pedophiles online with you.

*Your child can gain instant access to 1.8 billion pornographic websites.

*Even if your child has no interest in porn sites there is a 25% chance your child will still be exposed to pornographic images without warning while surfing the net.

*Around 75% of our kids will share personal information over the internet that could cause them or their family to be at risk.

*33% of our children will be subjected to cyber bullying, a serious danger on the internet.

*41% of cyber bullying victims will not tell friends, family, or teachers about the incidents and will keep the pain and depression they are experiencing to themselves, sometimes resulting in suicide (Bullycide is the new term).

*Online predators target kids 14 and older 77% of the time. 22% are between 10 and 13 years of age.

So we take a sigh of relief when they shut off the computer and go outside to socialize.

Then I see that according to statistics from another source violent crime statistics:

*47 murders as a daily average are committed!

*257 reported forced rapes as a daily average are committed!

*1142 reported robberies as a daily average are committed!

*2364 reported aggravated assaults as a daily average are committed!

Like most statistical data found in research the stats above are a few years old. Ask yourself if you think things have gotten better or worse over the past few years? I thought you would say that and I agree that things have gotten worse.

With all of this in mind we must figure out a way to provide safety education for kids and teens. It is not an easy task.

A parent must judge at what stage of development each child they have is in and tailor the education towards that level of understanding. There is a fine line as to how much information to give a child who is functioning on the level of an 8 year old and the information you would give a child operating at a level of a 15 year old.

Value Education For Kids

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Parents want their children to exemplify high moral standards as they grow into adults. There are a number of different ways to value Character education for kids at home.

Below you will find a list of four suggestions to help you begin teaching values to education for kids. These are simple ideas for spending more time together with your children and helping them learn the values that are important to you.

1. Eat Dinner Together.

· Eat around a dinner table to stimulate conversation and listening. Adults and children can share equally in the discussion. There is a lot of teaching and learning that goes on in these casual conversations.

· Family problems can be worked out with daily dinner conversations. When kids feel listened to they will be more comfortable discussing family and personal issues with you. Often, problems can be solved while they are still small.

· Make meal time a place for positive conversation. This isn’t the time to criticize someone or complain about your day. If it’s been an especially bad day, spend more time actively listening.

· Active listening by a parent or adult helps a child feel loved. Active listening includes using your ears, eyes and heart. Children will choose to be a contributing member in a family where their opinions are acknowledged.

2. Read Together.

· Reading stories and books together is a special time for bonding. It is quality time for both parents and children. Many positive things can happen during reading time.

· Choose stories that are appropriate for the child’s age and interest. There are also many books that both older and younger children can enjoy. Ask your local librarian for suggestions.

· Reading is a safe way to teach about actions and consequences. Help your child imagine what it would be like to be a particular character in a story you’re reading. What would your child do in a particular circumstance?

· Reading inspires imagination. Books can make everything seem possible; they allow your child to dream and try out different roles.

· Read for your own pleasure. Your child will observe your example, and know you value reading in your own life. Knowing this helps kids to balance some of the appeal of electronic media.

3. Play Outside.

· Playing outside helps a child develop physically and mentally. Running, climbing and jumping all help a child grow strong. Dress for the weather. You can be outside most days of the year.

· The freedom of being outdoors, in a safe environment, allows a child to use his imagination. A child older than a toddler can be encouraged to make up games and entertain himself or herself.

· Play with your kids; they will love you more for it. Also encourage your child to learn to play with other children. Be aware of bullying when children are playing together. Make sure your child knows it’s not acceptable to be bullied or to bully someone else.

· If you live in an urban environment, take the time to point out nature wherever you can find it. Every so often take an outing somewhere your child can experience being in nature.

4. Teach Independent Decision Making.

· Allow children the opportunity to make some independent decisions. For example, a toddler can choose between two outfits. An older child might like to choose what vegetable they would like for dinner or decide what to work on first during homework time.

· As the child grows, the choices can expand. Children need the chance to experiment with what it feels like making their own decisions. One of the goals as parents is that children grow to become responsible and independent adults. Practicing making good choices is part of that process.

· Whenever possible, children should experience the consequences of their decisions. For example, if a child chose to procrastinate and had only 15 minutes to study for a math quiz that they did poorly on, help them to understand that they aren’t dumb and that the test was not impossible. Doing badly might have been a direct consequence of choosing not to leave enough time for study. Help your child decide on a new work plan that might have a better consequence or outcome next time.

Eating together, reading, playing outside, and encouraging independent decision-making are four things you can do with children at home to help teach values. Kids develop good values though a culmination of skills they are taught at home and time spent together in families.