no
Sunday, September 30, 2018
Saturday, September 29, 2018
Friday, September 28, 2018
Thursday, September 27, 2018
Wednesday, September 26, 2018
September 26, 2018
financial freedom plan/
financial literacy for kids/
financial literacy for students/
how to get financial freedom/
teaching kids financial literacy
What are Your Beliefs About Money and Wealth? There Is No Such Thing As Luck Take a good look at what you have today; look at how much money you have, your possessions, and your investments if you have any. Are you satisfied, or are you just going through the motions, and settling for second best? Look around at everything you have right now, and then look in the mirror. Because.... Everything you have right now, YOU have created. Now, this might be a totally foreign concept to you; if so, I want you to open your mind and consider what I have just told you. Maybe it will be a hard thing to accept at first, but once you do, you will unleash an invincible force within you. When we're not getting what we truly desire, it's much easier to blame outside forces than to look inside ourselves..but by blaming others, we give away our power! The honest truth is that what you put your attention on expands. Do these sound familiar?
You will always get what you think you deserve. Have you heard stories about people who rise from a life of misery and poverty and win enormous sums of money on the lottery, only to become flat broke again after a couple of years? At the end of the day, It all comes down to attitude. What is your attitude towards wealth and prosperity? Do you believe that it has never been in easy reach? Write down your beliefs. Doing this will help you to find what parts of your subconscious mind are stopping you from achieving success and living the life of your dreams. Make a commitment to change your beliefs; it's all up to you. If you want to be wealthy, you need to leave behind your old attitude and develop a new way of thinking. Open your heart and be willing to receive prosperity and abundance, and it will be yours! Author Bio
Sonia Devine is a qualified professional hypnotherapist and success coach with a caring and committed approach to healing, who lives in Melbourne, Australia. You can find more of her information on attracting wealth, self image, love, relationships, phobias and much more on her website Manifest Your Success Article Source: http://www.ArticleGeek.com - Free Website Content
What are Your Beliefs About Money and Wealth
What are Your Beliefs About Money and Wealth?
By: Sonia Devine
What is your attitude towards having wealth? Do you believe it is possible to have anything that you want? Or do you believe that wealth and prosperity are reserved only for those other "lucky" people in this world? Okay, please pay attention to this: - The rich get richer and the poor get poorer
- There's never enough to go around
- I can't afford that
- Our family has always been poor - it's in our blood
- Money is hard to come by
- That's the way it's always been
You will always get what you think you deserve. Have you heard stories about people who rise from a life of misery and poverty and win enormous sums of money on the lottery, only to become flat broke again after a couple of years? At the end of the day, It all comes down to attitude. What is your attitude towards wealth and prosperity? Do you believe that it has never been in easy reach? Write down your beliefs. Doing this will help you to find what parts of your subconscious mind are stopping you from achieving success and living the life of your dreams. Make a commitment to change your beliefs; it's all up to you. If you want to be wealthy, you need to leave behind your old attitude and develop a new way of thinking. Open your heart and be willing to receive prosperity and abundance, and it will be yours! Author Bio
Sonia Devine is a qualified professional hypnotherapist and success coach with a caring and committed approach to healing, who lives in Melbourne, Australia. You can find more of her information on attracting wealth, self image, love, relationships, phobias and much more on her website Manifest Your Success Article Source: http://www.ArticleGeek.com - Free Website Content
Tuesday, September 25, 2018
Monday, September 24, 2018
September 24, 2018
financial freedom plan/
financial literacy for kids/
financial literacy for students/
how to get financial freedom/
teaching kids financial literacy
10 Ways to Make Financial Education Fun & Effective - Part 5
EIGHT: Make it
Catchy
Think of a
commercial that you have found yourself repeating. "Two all beef patties
special sauce lettuce cheese pickles onions on a sesame seed bun,"
probably brings up an image of the classic McDonald's Big Mac in the hearts and
minds of most Americans.
Ask yourself how
you can turn the information you're teaching into catchy phrases, poems, and
songs. Make information rhyme or fit into a pattern and, just know, that the
funnier you make it, the easier it is to remember.
NINE: Make it FUN!
Laughter is not
only the best medicine...it's the best learning method. Think of a time when
something was really funny to you. Do you remember what was going on? Chances
are you do.
Put the concepts
and information you want to teach into a game or activity that makes your
students laugh and you'll never have to 'teach' it again. When you do this,
your learners end up learning as a result of the game or activity; it becomes a
natural result of the experience. You literally weave the lessons into the
activity and before you know it, they've got it.
Note: They don't
always understand what they have just learned, but at least you've got it in
their little computer brains where it will stay and be processed until it's
needed at a later date.
TEN: Celebrate!
Imagine being
acknowledged every time you raised your hand with an answer to a question your
teacher just asked. Think about what it would feel like to have an entire group
of people snap their fingers three times just because you stood up to ask a
question or make a comment. Visualize how inspired you'd feel if the teacher
said, "Great Job!" just because you participated in an activity.
Wouldn't you be
more inclined to stay involved in the learning environment? Wouldn't you WANT
to participate? Wouldn't you WANT to show up, ready to play, eager to learn?
This is only a
partial list of benefits from celebrating learning. If it's good for a football
team, it's good for your classroom.
End Result: Making
it Sticky
All of these
teaching ideas, combined with the power of accelerated learning, makes the
information STICKY. Students learn faster, remember more and have a whole lot
of fun learning information that would probably be boring and ineffective in
any other setting.
Leaving home and
school with financial wisdom is critical to every child's success as they forge
their own way in the adult world.
By using these
teaching tips to teach financial education, you not only improve the chances
more of our youth living happy, successful adult lives but you can know that
you've been a huge part in that success. And isn't that every teacher's dream?
BONUS TIP: Use financial literacy as a platform
to teach everything else.
Do you want to
really make learning relevant to your students? Great...think about this.
What if children
learned how to read by studying business plans, reading articles about life and
health, writing book reports on success journals of all types?
What if children
learned math by creating budgets, learning to shop smart, researching stocks
and creating financial statements?
What if children
learned to write by writing business plans and advertising copy, business
correspondence and hand-written personal letters?
What if children
learned art and music by creating graphics, websites, composing advertising
jingles and more for businesses they create?
THIS would make
education relevant, experiential, effective and fun! It would be education that
would stick with your child forever, giving them a lifetime of skills and information
to make, manage and multiply their money wisely. The result? An adult who is
financially responsible and who understands the power and value of doing good
in the world.
THIS is how we
change the world...one child at a time!
For more
information on YOU can learn how to teach your financial literacy programs in
the most amazingly affective way, check out http://www.creativewealthintl.org/trainthetrainer.php
Elisabeth Donati is
the owner of Creative Wealth Intl., LLC and creator of Camp Millionaire, a
unique financial intelligence program for youth. She is an expert in teaching
the basic financial principles everyone needs in a way that is engaging,
empowering and fun.
She has a passion
for empowering women in her Creative Wealth for Women program and is the author
of The Ultimate Allowance and the weekly ezine, Financial Wisdom with a TWI$T.
For information, visit http://www.creativewealthintl.org
Saturday, September 22, 2018
September 22, 2018
financial freedom plan/
financial literacy for kids/
financial literacy for students/
how to get financial freedom/
teaching kids financial literacy
10 Ways to Make Financial Education Fun & Effective - Part 4
FIVE: Make it
Experiential (Full of Feeling)
Experiential
teaching means letting the learner physically or emotionally experience what
you're trying to learn. In the case of teaching kids about earned income, for
example, you can physically hand them money for something they traded their
time and energy for as well as money for something they did that might pay them
over and over again (write a book, buy a rental property, invest in a stock
that pays dividends). That simple gesture of handing them money elicits
internal responses that will help embed the information.
SIX: Teach to All
Three Learning Styles
Most people learn
visually, auditorily or kinesthetically or a combination of any two or three.
This means we learn by seeing, hearing and feeling, both physically and
emotionally.
Teaching to all of
these learning styles helps ensure that every student receives the information
in a manner they can process best.
As an example, when
you say, "There are five ways...", use your hand to illustrate the
number five as well as write the number 5 in a bright color on a flipchart or
dry-erase board.
Hint: Be BIG. If
you want someone to move 6", you have to illustrate this by moving
12". Use your whole body when you teach. Be excited and inspiring if you
want your students to be excited and inspired.
SEVEN: Repetition,
Repetition, Repetition
When YOU say
something, it's one thing. When you get your students to say something, it's a
completely different story. When THEY say it, it's locked into their minds in a
more profound way.
Many people don't
learn the first time they are exposed to a concept, idea or piece of
information. Think of your teaching as 'exposing' them to information and know
that it takes often takes repetition for information to sink in. As an example,
in a financial literacy workshop, have your students repeat sayings and
principles like Pay Yourself First over and over again.
Hint: put
principles on large colorful pieces of paper and hang on the wall. Give
students a reward every time they hear the principles, run up and point to the
principle and make the other students recite the principle out loud.
For more
information on YOU can learn how to teach your financial literacy programs in
the most amazingly affective way, check out http://www.creativewealthintl.org/trainthetrainer.php
Elisabeth Donati is
the owner of Creative Wealth Intl., LLC and creator of Camp Millionaire, a
unique financial intelligence program for youth. She is an expert in teaching
the basic financial principles everyone needs in a way that is engaging,
empowering and fun.
She has a passion
for empowering women in her Creative Wealth for Women program and is the author
of The Ultimate Allowance and the weekly ezine, Financial Wisdom with a TWI$T.
For information, visit http://www.creativewealthintl.org
Friday, September 21, 2018
Thursday, September 20, 2018
September 20, 2018
financial freedom plan/
financial literacy for kids/
financial literacy for students/
how to get financial freedom/
teaching kids financial literacy
10 Ways to Make Financial Education Fun & Effective - Part 3
THREE: Make it
Interesting
Here's how you know
when a child or adult is bored...they LOOK bored! It's simple...no matter how
interested they might be in the topic before you started teaching, if they are
bored, you might as well forget about it.
There are some very
simple ways to make learning anything interesting. Here are a few:
1. Ask
Questions. Because questions hook the mind and keep us engaged, our brains stay
active thinking of the answers to questions and problems that are thrown our
way. Have them answer the questions out loud by raising their hands.
Two critical parts
of this type of instruction are often left out. First, make sure you
acknowledge the person for asking the question. Second, thank the person after
the question is answered. Asking for a round of applause also keeps the energy
high and makes the person feel great.
Tip: When someone
asks a question, before answering, ask the audience if someone knows the
answer. If they do, acknowledge that person by asking for a round of applause
or snaps (see Celebrating Section).
2. Ask, Don't Tell. Before 'teaching' anything,
find out if a member of the audience knows the information first. It's very
common for someone in the room to know the information you are teaching and
this will acknowledge them as well as involve the rest of the audience in the
conversation. It's great when the presentation isn't all about the presenter!
3. Use Stories and
Metaphor. Nothing is more
attention getting than a great story. Weave the information or lesson into a
story with a character they can relate to and you've got a winning combination.
Craft the character to be the same age as your audience, with similar
interests, concerns, likes and dislikes. Decide well in advance exactly what
the character will do in the story in order to learn whatever it is you want
your audience to learn.
FOUR: Make it
Active and Interactive
There is saying
that goes like this, "Everything is energy." If you've taught anyone
at all, you understand the importance of keeping the energy high in the room,
for yourself AND your learners. And this goes with any age...young to old.
Studies show that
most people learn better and remember more when they're moving in one way or
another. Incorporating the information into a physical activity helps make it
easer to learn and more fun to teach and keeps the energy high for those
involved.
In addition,
because human beings are relationship oriented, provide plenty of opportunity
for students to learn from each other and share their own experiences. This
type of educational environment helps kids know they are not alone. And sometimes
it's just more fun to learn things as a team.
One way of making
it interactive is to consider your programs 'conversations' instead of
lectures. When you have a conversation with someone, you talk, they talk, and
on and on.
A great way to do
this in a controlled way is to use CALLBACKS. A callback is when you say
something and then immediately ask them to repeat the information. An example
might look like this...
"So, one of
the most amazing ways you can invest for your future it to put money in the
stock market. WHERE can you put money?" And they say, "Stock
market."
or...
or...
"The three
assets most wealthy people invest in are real estate, the stock market and
businesses. WHAT are the three ways?" They say, "Real estate, stock
market and business."
You can also do it
this way...
"One of the
most important habits you can do with money is to Pay Yourself First." Say
that whole sentence with me. And they will repeat it.
It takes a bit of
practice but it's an powerful way to not only get them to remember what you're
teaching but to stay involved and engages.
One additional way
to keep the energy high in a learning environment is to be very aware of these
three states: physical, emotional and mental. If you sense that the energy in
the room is going down, all you have to do it change ONE state and you'll
change all three. Because learning is incredibly 'state dependent', learning to
recognize and change your learners states is one of the most valuable skills
you can learn and use.
For more
information on YOU can learn how to teach your financial literacy programs in
the most amazingly affective way, check out http://www.creativewealthintl.org/trainthetrainer.php
Elisabeth Donati is
the owner of Creative Wealth Intl., LLC and creator of Camp Millionaire, a
unique financial intelligence program for youth. She is an expert in teaching
the basic financial principles everyone needs in a way that is engaging,
empowering and fun.
She has a passion
for empowering women in her Creative Wealth for Women program and is the author
of The Ultimate Allowance and the weekly ezine, Financial Wisdom with a TWI$T.
For information, visit http://www.creativewealthintl.org
Wednesday, September 19, 2018
Tuesday, September 18, 2018
September 18, 2018
financial freedom plan/
financial literacy for kids/
financial literacy for students/
how to get financial freedom/
teaching kids financial literacy
10 Ways to Make Financial Education Fun & Effective - Part 2
This is a great article that we have broken down in to 5 parts.
Whilst nearly 10 years old, the basics still ring true.
Ten Components Of
Accelerated Learning
ONE: Make it
Relevant
Human beings generally
have no interest in learning that which they don't see as relevant to their
lives in some way. We all know what happens when we put people in an
environment where they are asked to learn something they don't want to learn or
aren't interested in. They start talking to each other, fidget, figure out ways
to leave, daydream or doodle in their notebooks.
It's even more
obvious with children. If you ask them to sit and watch something or listen to
someone talk for any period of time, they wiggle and squiggle, roll their eyes,
talk and ask lots of questions like, "Is it over yet?"
Yet put them in
front of something that they find interesting, and even a two-year-old will sit
still.
Topics must be made
relevant and interesting or the information falls on deaf ears, and eyes. Even
if YOU think the information is absolutely necessary, if it isn't relevant to
the one you want to teach then you are wasting everyone's time and energy.
So how DO you make
financial freedom and security relevant to an 8-year-old or a 12-year-old or
even a 16-year-old? Great question.
The answer involves
going into their world. In order to figure out how to relate what you want to
teach them, you must understand what it's like to be 10 or 12 or 16. Only then
can you begin to shape your message in a relevant way that will reach out and
grab them.
Find a way to
relate it to their lives. You can start by asking them what matters!
TWO: Enroll Them
Once you figure out
how to make your financial education program relevant, your next step is to
enroll them in the idea of learning. Enrolling is how you 'hook' your audience;
get them to want to be there. When your audience is properly enrolled, they are
ready to learn.
Here are three
basic verbal methods the professional experts use to enroll their audiences:
1) Enrolling
Questions & Scenarios.
Asking your
audience a couple of relevant questions can immediately get them involved in
the subject matter. Raise YOUR hand and get them to raise THEIR hand in
agreement. Enrolling questions usually come in pairs and your goal is to enroll
100% of the audience. Sometimes this means thinking on your feet!
In a course about
money, you might ask...
"How many of
you like to spend money on things that you want?"
"How many of
you want to grow up to have all the money you want and need so you can live the
way you want to?
You can also use
something like this...
"Imagine just
for a moment, waking up every morning with the ability to do whatever you want.
If I told you I had the secrets to that kind of life, would you want to learn
them?"
A simple way to
enroll children, in particular, is to invite them to visualize a particular
situation and ask for their advice and feedback about how they would handle the
situation. A good example would be "wanting a new pair of shoes but not
having enough money" or "having a friend who asks you to borrow
money". The more we can invite them to role-play situations that help them
experience "financial risk", the better they will be prepared to
handle those situations. Another scenario would be asking children to visualize
what they will be like when they are older. Ask who will be paying for their
food when they leave home, who will buy the gas for the car, stuff like that.
Bottom line...ask
questions that will eventually reach 100% or your audience.
2) Announcements
with meaning.
This is a way to
reconnect with someone who has mentally left the room and "jar" them
back into the program. An announcement goes something like this: "I was
sick and tired of being broke!" or "The time is NOW!"
Bottom line...make
announcements with a strong conviction.
3) Staggering
Statistics.
This type of
enrolling method involves using well-researched statistics. The statistic you
use must be 100% true or you will lose your credibility. The statement is used
to get your audience's attention.
Perhaps something
like...
"Our country
is currently in debt to a tune of over $11 Trillion dollars!"
"College students are moving back home at an unprecedented rate!"
"College students are graduating with $_________ in credit card debt, with no ability to make the payments."
"College students are moving back home at an unprecedented rate!"
"College students are graduating with $_________ in credit card debt, with no ability to make the payments."
Along the same
lines, don't hesitate to provide a group of children or teens with real
statistics...
o like the fact
that it takes approximately $300,000 to raise a child from 0-17.
Then ask them how
many children they want to have!
o like how much
they'll end up paying for that first new car they finance.
Ask them if they
think the car was really worth it?
o like how much
buying a $4 coffee drink adds up to over 40 years at 10% interest.
Ask them if they'd
rather live on that money later or drink it once.
Bottom
line...startle them with facts!
Regardless of which
methods you use, be concise, powerful and full of conviction. Pay attention to
the response you get from your enrolling methods so you continue to modify for
each presentation or class. You will quickly find that the more time you spend
crafting your enrolling questions, the better and more effective your teaching
experiences are for your students.
Bottom line...find
a way to hook them and you're half way there.
For more
information on YOU can learn how to teach your financial literacy programs in
the most amazingly affective way, check out http://www.creativewealthintl.org/trainthetrainer.php
Elisabeth Donati is
the owner of Creative Wealth Intl., LLC and creator of Camp Millionaire, a
unique financial intelligence program for youth. She is an expert in teaching
the basic financial principles everyone needs in a way that is engaging,
empowering and fun.
She has a passion
for empowering women in her Creative Wealth for Women program and is the author
of The Ultimate Allowance and the weekly ezine, Financial Wisdom with a TWI$T.
For information, visit http://www.creativewealthintl.org
Monday, September 17, 2018
Sunday, September 16, 2018
September 16, 2018
financial freedom plan/
financial literacy for kids/
financial literacy for students/
how to get financial freedom/
teaching kids financial literacy
10 Ways to Make Financial Education Fun & Effective - Part 1
This is a great article that we have broken down in to 5 parts. Whilst nearly 10 years old, the basics still ring true.
Money. No matter
how you look at it, on some level, you need it.
You need it for
shelter. You need it for food. And you need it for a zillion other things that
make life a little more convenient and enjoyable.
Whether you love it
or despise it, it's part of life and the sooner you learn how to make it,
manage it and make it grow, the sooner you begin to enjoy its potential to fill
your life with experiences that bring joy to you and those around you.
The ability to
manage money wisely directly correlates to the ability to live independently
and successfully, so it's no surprise that there are hundreds of financial
literacy curriculums available to empower children with the critical financial
tools and information they need.
The challenge with
most of those curriculums, though, is making them fun and effective.
Most financial
literacy curriculums are flat out boring. They are missing the one component
that makes them effective...a profoundly unique delivery method.
Key Component: The
Delivery Method
We've all
experienced exciting, mind-stimulating presentations that made learning fun and
easy and we can all point to those that were boring and irrelevant that served
as merely a means to catch up on doodling practice or missed sleep.
Creating a
stimulating learning environment in which to teach financial education to kids
and teens has its particular challenges.
Not only it is
challenging to convince kids they need to know this information NOW but we're
teaching to generations of children who are used to being entertained.
Given these
challenges, how DO you make financial education fun and effective for kids of
any age? We've found the answer: use Accelerated Learning!
The Key to Teaching
Financial Education: Accelerated Learning
Accelerated
Learning (A.L.) is the most advanced teaching and learning method available
today. It's the most powerful tool available for speeding and enhancing both
the design process and the learning process. Based on the latest brain
research, it has proven again and again to increase the effectiveness of
learning while saving time and money for the instructor.
Accelerated
Learning, in a nutshell, is TEACHING to all three learning styles (visual,
auditory, and kinesthetic) USING all three learning styles and doing it in an
environment that both enhances and encourages learning.
Effective
Accelerated Learning techniques makes learning any kind of information fun,
enjoyable and easy to remember.
So, since
Accelerated Learning makes teaching any topic easier and more effective, let's
look at how we can apply this methodology to make financial education work for
you.
There are basically
10 components of Accelerated Learning you can apply to make any financial
literacy program fun and effective for your students, regardless of age!
Note: The following
information is completely relevant for speakers, presenters, teachers or
coaches in the financial education arena. The techniques work with all ages and
with all topics.
For more
information on YOU can learn how to teach your financial literacy programs in
the most amazingly affective way, check out http://www.creativewealthintl.org/trainthetrainer.php
Elisabeth Donati is
the owner of Creative Wealth Intl., LLC and creator of Camp Millionaire, a
unique financial intelligence program for youth. She is an expert in teaching
the basic financial principles everyone needs in a way that is engaging,
empowering and fun.
She has a passion
for empowering women in her Creative Wealth for Women program and is the author
of The Ultimate Allowance and the weekly ezine, Financial Wisdom with a TWI$T.
For information, visit http://www.creativewealthintl.org
Thursday, September 13, 2018
September 13, 2018
financial freedom plan/
financial literacy for kids/
financial literacy for students/
how to get financial freedom/
teaching kids financial literacy
RAISING FINANCIALLY FIT KIDS
This is a great
book by Joline Godfrey. While the revised edition is a few years old, the
information contained in the book is great.
A summary from
Amazon is below, and a link if you want to buy the book.
This combination
parenting and personal finance book helps parents teach their children key
money skills–such as saving, spending, budgeting, investing, building credit,
and donating–that they’ll need to become financially secure adults.
In this updated
edition of Raising Financially Fit Kids, Joline Godfrey shares knowledge
gleaned from two decades of preparing children and families for financial
independence and stewardship, philanthropic effectiveness, and meaningful
economic lives. At the heart of the book are three big ideas:
• Financial
education is not just about the money; it’s
about building
great families and raising self-confident kids who have the tools to realize
their dreams.
• Financial
sustainability means living within one’s means and acquiring skills to create
and manage human and financial capital.
• Giving wisely is
a global citizen’s responsibility.
Designed for
parents, grandparents, mentors, advisors, and educators, Raising Financially
Fit Kids uses ten core money skills applied across five developmental life
stages: children, tweens, middle schoolers, high schoolers, and
twenty-somethings. Each stage includes age-appropriate activities that make
financial fitness fun, from mall scavenger hunts to financial film festivals.
In this global economic landscape, we all need
financial fluency. Whether your child is five, fifteen, or twenty-five years
old, it’s never too late to teach financial literacy. Raising Financially Fit
Kids prepares your children for the complexities of living in a global economy
and helps your family up your game from good to great.
Buy the book by clicking here
Sunday, September 9, 2018
September 09, 2018
financial freedom plan/
financial literacy for kids/
financial literacy for students/
how to get financial freedom/
teaching kids financial literacy
Financial Advice From KIDS
A bit of fun for a Sunday morning - the kids' view on finance
Saturday, September 8, 2018
Wednesday, September 5, 2018
September 05, 2018
financial freedom plan/
financial literacy for kids/
financial literacy for students/
how to get financial freedom/
teaching kids financial literacy
Generational Wealth - 3 Tips To Create, Build, And Protect Your Family's Generational Wealth
Most of the western
world is bankrupt in their thinking. Generational Wealth is a term we should
all know and understand. For most families on the western hemisphere this is an
uncommon mindset but, if you examine the eastern parts of the globe you will find
examples of generational wealth spanning century's and not just cycles.
A simple definition
of generational wealth is 'the passing down of stable, significant financial
resources to future generations'.
Here are 3 Tips To
Create, Build, And Protect Your Family's Generational Wealth.
Tip #1 - Build
Wealth In Something That Holds Or Increases In Value
Physical assets
like land, art, and gold, outlast and outperform riskier paper assets like
stocks and bonds. Indeed, stocks can perform well for long periods however;
stocks, bonds, and even cash all involve some claim on a third party. Every
paper currency in the history of the world has eventually proved worthless and
there is little reason to believe the reigning paper money champions of today:
the US dollar, euro, or yen will prove different.
By virtue, the
value of land, art, and gold, are intrinsic. Absolutely some liquidity is
needed for day-to-day expenses but, in these physical holdings there are no
issuers who can suddenly make your land disappear or turn your gold into
confetti.
Tip #2 - To Protect
Generational Wealth, DON'T Divide It
Different
personalities equal different investing ideas. Generally speaking, when mom and
dad die, their assets are divided among the children. When family assets are split
up each child has the power to do with their share as they please but, all too
often the financial discipline of mom and dad is not an inherited trait and
fortunes typically change.
When the assets
remain intact and are managed as if they were a company, families will view
their wealth differently and might not hesitate making a $5 million investment.
As assets pass down the generations, each generation does not view the assets
as "theirs" but rather views themselves as guardians of something
greater.
Tip # 3 - Foster
Attitudes Of "Wealth" In The Next Generation
Once you've
attained your wealth (or while creating it) talk to your children on how you
made it; why you made it; and what you want done with it once you pass it on.
Also, consider delaying the transfer of wealth until after age 30. This allows
for kids to earn their own success rather than having feelings of entitlement.
Conversations of
wealth with your heirs (children) should be a regular occurrence around the
dinner table. This will also afford you the opportunity to "evaluate"
whether or not they are suitable to carry on your fortune.
In today's economy
it's imperative to educate yourself on ways to create, build and protect your
wealth. If done properly you too can have generational wealth for your family.
If this information
has been helpful and you've found value please like it, post it and share it
with others.
As an independent
insurance advisor and income protection specialist for almost a decade, Ryan
has been providing clients with customized personal insurance and financial
solutions through disability, life, critical illness, long-term care, and other
personal insurance products while providing strategies for hedging income and
preserving wealth.
Article
Source: http://EzineArticles.com/expert/Ryan_D._Forrester/2093018
Tuesday, September 4, 2018
Monday, September 3, 2018
September 03, 2018
financial freedom plan/
financial literacy for kids/
financial literacy for students/
how to get financial freedom/
teaching kids financial literacy
Invest in Your Financial Literacy
We know so little
about finances. We are not taught at school about finances. There is a reason
behind it though...
Because of these
you should make it imperative to invest in your own Financial Literacy (FL) as
I like to call it.
This is your
future. Invest in yourself. Invest in your future. Do not keep spending money
on things that are not investments, instead invest in yourself. Invest in your
financial development. To quote Sharon Lechter, co-author of "Rich dad
poor dad":
"I love my children and want to
ensure they get the best education possible! Traditional schooling, while very
important, is no longer enough. We all need to understand money and how it
works."
So true. I see so
many people around who have no idea how to manage their finances and do nothing
to secure their future. They get to their retirement age and they realise how
little they're going to get from the government. And they go from one day to
another carefully spending their money so that there is enough by the end of
the month.
Why not think about
your future now and make sure that when you get to your retirement age, you
won't have to worry about your retirement because you will have enough money to
live the way you want? Invest in yourself! Buy books and dvds to learn. I keep
investing in myself and it pays off. I buy books and dvds and I attend all
seminars I can. I am investing in myself and so could you. And so Should You!
Take every opportunity to learn something useful, something that will help you in
your life.
I believe that
there are books that Everyone should read. Books that everyone would profit
from. Books I recommend to everyone I know. Books that everyone should buy and
read it every now and then. One of them is "Rich dad poor dad" by
Robert Kiyosaki. It is an amazing book that will teach you financial literacy
in an easy way. Here's what Zig Ziglar - a world renowned author and lecturer
said about this book:
"To get over the top
financially, you must read Rich Dad Poor Dad. It's common sense and market
savvy for your financial future."
I've read probably
all Robert Kiyosaki's books and they're all amazing. And I wanted to buy them
to read them over and over again so imagine my absolute surprise when I came
across them in my library a few days ago:
I didn't hesitate
even for one second. I grabbed them without looking at the price! These books
are worth any money! These books may save you so much money that they could
easily be sold for thousands of pounds! But they only cost about £10 each.
Here's the best part though. I found them on sale in the library (they often
sell books they don't need) and these books cost me £1 each! Unbelievable!
But here's the best
bit about these books that I purchased from the library - the library doesn't
stock these books! Let me say it again - the library doesn't stock these books!
Can you believe that?! Such amazing books, they're selling them and they don't
even have them in stock so that people could read them!
So your homework
for this week is to invest in one of these books at least. And read them of
course!
Speak to you soon.
You can buy "Rich Dad Poor Dad" from Amazon.
As I'm writing it,
you can get it for under £6! That's an amazing value!
Did you like the
article? Why not pay me a visit at my blog at: http://www.makeyourwayup.com/ to find more articles from me.
Article Source: http://EzineArticles.com/expert/Marek_Mularczyk/2058923