As a parent, your priority number one is to raise independent adults. Period.
Now:
How about raising "financially independent adults"?
Read on to learn 10 lessons about how you can raise financially independent children:
//thread//
Now:
How about raising "financially independent adults"?
Read on to learn 10 lessons about how you can raise financially independent children:
//thread//
1. Let them get a bad grade
Is getting a bad grade a good or a bad thing? Is losing money at the stock market a bad thing? It depends on what you learn from these lessons!
“When you fail, learn from it. There’s nothing wrong with trying again.”
Is getting a bad grade a good or a bad thing? Is losing money at the stock market a bad thing? It depends on what you learn from these lessons!
“When you fail, learn from it. There’s nothing wrong with trying again.”
2. Let them forget their homework, their stuff for gym class, their snack box
The more we help, the more we actually teach them that they can’t manage without parental supervision. This is not encouraging. Hands off from now on!
The more we help, the more we actually teach them that they can’t manage without parental supervision. This is not encouraging. Hands off from now on!
3. Let them run out of money …or even offer them a loan
Teaching your kids financial literacy should start way before they get their first pay-check. It must start with lessons on their own.
“Obstacles force you to grow. Smooth seas create weak sailors.”
Teaching your kids financial literacy should start way before they get their first pay-check. It must start with lessons on their own.
“Obstacles force you to grow. Smooth seas create weak sailors.”
4. Let them be late
As with money, time needs to be budgeted as well. Later in life, no one will wake them up and ensure they’re on time.
Let your kid seize the day.
Alone.
As with money, time needs to be budgeted as well. Later in life, no one will wake them up and ensure they’re on time.
Let your kid seize the day.
Alone.
5. Let them miss an important deadline
Imagine they’ll only figure this out as a young adult. I’m sure most of you have missed a deadline somewhen in your own journey. How did this make you feel?
Ensure your kids have the same opportunity as you to learn this valuable lesson!
Imagine they’ll only figure this out as a young adult. I’m sure most of you have missed a deadline somewhen in your own journey. How did this make you feel?
Ensure your kids have the same opportunity as you to learn this valuable lesson!
6. Let them use public transportation and eventually let them get lost and experience the pride of accomplishment when they don’t
“Life shrinks or expands in proportion to one’s courage.”
It’s time to explore!
“Life shrinks or expands in proportion to one’s courage.”
It’s time to explore!
7. Let them wear smelly clothes if they’ve missed the laundry basket or they didn’t do the laundry
The purpose behind this lesson is we want our kids to be self-sufficient when they leave home.
The purpose behind this lesson is we want our kids to be self-sufficient when they leave home.
8. Let them be ashamed of themselves for doing something that was unkind or untruthful
Instead of rushing to console your child immediately after something bad happened, allow them some time to digest the situation.
Bad kids?
Blame bad parenting!
Instead of rushing to console your child immediately after something bad happened, allow them some time to digest the situation.
Bad kids?
Blame bad parenting!
9. Let them leave unfinished homework
Yes, that’s something you may consider doing. Your kid may look bad in school, but again, this is the whole point.
Yes, that’s something you may consider doing. Your kid may look bad in school, but again, this is the whole point.
10. Let them set a goal for themselves and don’t intervene if they aren’t’ going to achieve it
If your child has a big dream, help them break it down into smaller steps and show them what needs to be achieved first in order to make their dream come true.
If your child has a big dream, help them break it down into smaller steps and show them what needs to be achieved first in order to make their dream come true.
“As your dad, I’m supposed to give you two things… roots and wings. Roots which is knowing that you have the security of a family who loves you and wings, which is the confidence to do whatever you want.”
Link to blog post on next tweet to read on:
Link to blog post on next tweet to read on:
Instead of telling your kids how to live their life, let them live theirs. Coach them on the journey. Let them see. Let them do, try, fail and learn.
If you enjoyed this thread, share the wealth and retweet now. I'll try to engage with comments as well.
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If you enjoyed this thread, share the wealth and retweet now. I'll try to engage with comments as well.
bit.ly/3gezKyL
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