Advertising
Advertising

Teach Your Kids on the Value of Money

Teach Your Kids on the Value of Money

J.D. at Get Rich Slowlyfound a great story on a dad teaching his kid the value of money.

There are reason behind all those overspending by teenagers or young adult with their credit cards – they do not know the actual value of money. Training them in the young age on how to use the money wisely can develop their sense of value and financial management skills:

The big problem I see with either of these methods is that most parents don’t teach any lessons beyond this and their kids learn that money is for spending on stuff, period. There are no lessons about making money earn more money. There are no lessons about the actual value of money.

Money is not everything, but good to be smart on it.

How Do You Teach Kids the Value of Money? – [Get Rich Slowly]

More by this author

Leon Ho

Founder of Lifehack

Book summary: A Technique for Producing Ideas Finding Your Inside Time 10 Ways to Extend Laptop Battery Life Bob Parsons on His 16 Rules for Survival Free note taking templates and techniques

Trending in Lifehack

1 The Lifehack Show Episode 8: On Personal Success 2 How to Stop Procrastinating: 11 Practical Ways for Procrastinators 3 The Lifehack Show Episode 6: On Friendship and Belonging 4 Why Do I Procrastinate? 5 Root Causes And How To Tackle Them 5 The Power of Tapping into Your Hidden Creativity

Read Next

Advertising
Advertising
Advertising

Last Updated on September 22, 2019

The Lifehack Show Episode 8: On Personal Success

The Lifehack Show Episode 8: On Personal Success
In this episode of The Lifehack Show, we interview Robert Glazer, who is the founder and CEO of Acceleration Partners, and author of the book Elevate: Push Beyond Your Limits and Unlock Success in Yourself and Others.

Robert shares with us how capacity building can radically improve your life and how his new book acts as a guide to getting started.

    Robert Glazer

    Episode 8: On Personal Success

    Also available on Apple Podcasts 

    Featured photo credit: Austin Ban via unsplash.com

    Read Next