Hi Guys,
This is the 3rd of the 4 articles to read, apply and comment as part of your Course work. Click on this link to go to the website: http://www.drwealth.com/2014/10/08/5-tips-to-raise-financially-savvy-kids/
Read the article on 5 Tips to Raise Financial Savvy Kids.
Comment on it and share 1 application lessons from it under the comment here below.
Have fun!
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We need to know that money does not come to us magically and should not spend too much on something we do not need.
ReplyDeleteNURUL ISTIGHFAROH - QK1404A
It is a must to educate our children on the various investment concept, so that they would know the importance of saving money. One common way is to persuade them to be involved in investing,Parents should pick up on roles such as helping them to pay interest ,It may be a good thing where teenagers should be taught more advance financial concepts , which may reap benefits when they step into the society to work.
ReplyDeleteTan Wei Xin- QK1404A
1 lesson from this article would be to educate our kids early and make them realise that money does not come easy and free . They should work for every penny and if possible get them to start saving be it a few cents or dollars .
ReplyDeleteRADIN KAMARUDIN
QI1404B
It is important not to pamper our kids with whatever they want. They need to learn from young that if hey want something, they have to earn it as money does not come easily. We must also teach them to save so that they will have a secured future.
ReplyDeleteAKMAL
SQ1404A
acknowledged & trsfd
ReplyDeleteWe should make sure our kids are independent at a young age so that they would know the value of money. They should differentiate between the needs and wants. So that they will have a bright future ahead.
ReplyDeleteMohana
SQ1404A
We should make the kids understand that money do not come easily.The parents can ask the kids to run errands, and pay them a little money to make them happy and also know how much effort they need to pay off, in order for the money to be in your pocket. Let them have a taste on how tired it will be for their parents in work.
ReplyDeleteKai Xun
SQA1404A
A parent should teach their children the importance of money and why it they should save at a young age, whether it is a few cents or dollars. In this way, when they grow up, they would limit their expenditure and save more.
ReplyDeleteWe should also tell them that money does not come easily, thus, parents should teach their children to identify what the kids needs and/or wants so that the money is well spent.
Timothy Dalton
SQ1404A
Parents should be teaching their children from young about the importance of money through actions and make them understand the value of money so that they will be more independent and will know how to manage their money wisely in the future.
ReplyDeleteReshma
SQ1404A
I learn from this link that i should educate my kids on the importance of money, how to use them wisely and how to let money grow more money.
ReplyDeleteI should also let them know that money is earn through hard work and sweat, without these, they would not earn anything
Chia Zi Qi
QI1404B
Money does not grow on trees and is earned with our blood,sweat and effort that we put in and that money should not be poorly managed.
ReplyDeleteToh Jun Pen
QK1404A
Younger generation kids should not take advantage of their parents who had worked so hard just to make sure that their children receive quality education and sufficient food. In return, i feel that it is important for the kids to realize that "you reap what you soar", nothing in this world comes for free. In order to be successful, sacrifices has to be made, in exchange for prosperity and fame. To thank their parents and government who have consistently provide morale and financial support, in my opinion, the kids should contribute to the society be it financially or knowledge, so as to return a favor to the respective supporters.
ReplyDeleteLau Mei Hui
SQ1404A
We should make our children to be used to saving money since young so it will be a habit till they grow old. I learn that by making the children realise that money is not free but need to be achieve by working will make them realise how precious the value of money and this will make an impact on them to appreciate money.
ReplyDelete- Muhd Faiz (QI1404B)
We should educate our future generation about the importance of money.
ReplyDeleteLet them know the value of money so they will know how to manage them in the future.
Nothing comes easy without a certain price .
Jinghong QI1404B
Trsfrd for comments as at 19 Nov
ReplyDeleteBy engaging in outdoor sports and activities, they are able to save money and less electricity bills for the parents when they pay for their child's gaming at home.
ReplyDeleteGOH HAO WEN SQ1404A
ReplyDeleteMoney comes hard money goes easy
ReplyDeletedarren ng wei ren
Qi1404b
From this article, I find it it is a very important factor to educate children in managing finance. For example, the first example. "Money does not grow on trees" We must educate the children that we are living in a reality and we need to work for money.
ReplyDeleteThis article is very good as it shows important tips n how to raise financially savvy kids.
Muhammad Syafiq Bin Azman, SQ1404A
It is of utmost importance for the younger generation to know the value of money. Kids should not be overly dependent on their parents and they should know how much their parents sacrifice which should teach them that nothing comes by easily.
ReplyDeleteSoamu
SQ1404A
Trsfd & acknowledged.
ReplyDeleteWe must educate our children on the fact that money does not come easy and free from as early as possible. They must learn that if they want want something, they have to make sure that they earn it.
ReplyDeleteAizat
SQ1404A
Noted and transferred
ReplyDelete