Lesson #4
It is never to early to teach the value of a dollar
There are far more important things in life than money. But if you ask my soon to be six-year-old son, money definitely matters. I am not sure if it is the recent currency section in school or an innate fascination with cash, but this boy loves his money! He loves counting money specifically and dreaming up ways to earn more and more. One might say this would be an opportunity to teach that there are more important things in life, which I wholeheartedly agree. But I am choosing to take his lead and spin this love for dinero into something positive.
There are so many differing opinions on how to raise a well rounded child in today's society. Do we hover too much? Are we too quick to praise the smallest accomplishment? Do we plan too many activities and and not enough time for free play? It is easy to drive yourself crazy over the best approach. But I do know that one value is very important in our family and that is working hard. Our family motto is "Always try your hardest and never give up."
My husband and I did not come from wealthy families but we both focused on education and working hard to be successful. I don't think it is too early to teach that if you work hard and come up with creative ways to earn money, you can be as successful as you want.
Max is really starting to learn about how to be an entrepreneur at an early age. He is consistently making lists of chores he can do to earn some extra money. From folding and sorting laundry to assisting in the kitchen, this kid is out to make a buck! His insatiable appetite to earn more and more can be very difficult. I am taking this opportunity to teach that you have to be patient and save your money to have money. Some chores are expected without payment and others can be small jobs with earning potential.
Today was a big day for Max. He received one of the best birthday gifts a kid could ask for from his grandparents. MONEY!!!!! This has definitely given him a jump start on his nest egg. Rather than running out to the toy store to spend, he is tucking it away in a safe place and already thinking about how to add to his stock pile! I think this kid has a career in finance!
It is never to early to teach the value of a dollar
There are far more important things in life than money. But if you ask my soon to be six-year-old son, money definitely matters. I am not sure if it is the recent currency section in school or an innate fascination with cash, but this boy loves his money! He loves counting money specifically and dreaming up ways to earn more and more. One might say this would be an opportunity to teach that there are more important things in life, which I wholeheartedly agree. But I am choosing to take his lead and spin this love for dinero into something positive.
There are so many differing opinions on how to raise a well rounded child in today's society. Do we hover too much? Are we too quick to praise the smallest accomplishment? Do we plan too many activities and and not enough time for free play? It is easy to drive yourself crazy over the best approach. But I do know that one value is very important in our family and that is working hard. Our family motto is "Always try your hardest and never give up."
My husband and I did not come from wealthy families but we both focused on education and working hard to be successful. I don't think it is too early to teach that if you work hard and come up with creative ways to earn money, you can be as successful as you want.
Max is really starting to learn about how to be an entrepreneur at an early age. He is consistently making lists of chores he can do to earn some extra money. From folding and sorting laundry to assisting in the kitchen, this kid is out to make a buck! His insatiable appetite to earn more and more can be very difficult. I am taking this opportunity to teach that you have to be patient and save your money to have money. Some chores are expected without payment and others can be small jobs with earning potential.
Today was a big day for Max. He received one of the best birthday gifts a kid could ask for from his grandparents. MONEY!!!!! This has definitely given him a jump start on his nest egg. Rather than running out to the toy store to spend, he is tucking it away in a safe place and already thinking about how to add to his stock pile! I think this kid has a career in finance!
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