3 ways you can influence your child’s gratification style
YOU influence your child’s financial learning and gratification style. Gratification styles are one of the most common concepts in financial learning. If you have not heard of it, let’s watch this video to get an idea of what gratification is. While this may sound like “grown-up stuff”, we experience gratification from young. Although children tend to prefer instant gratification,...Read MoreUnderstanding Bank Accounts
Chances are we all have more than one bank account. As the world switches increasingly to being cashless, bank accounts become more important. They are now the new substitute to our traditional wallets. bank accounts money management. Depending on your preference, you may have one or many accounts. Choosing suitable accounts is similar to buying wallets that meets your needs. It is important...Read More3 Key Money Values To Teach Your Child
Teaching kids about money is challenging. We often learn how to teach the value of money by observing our parents, through collective wisdom on social media and having conversations with our children when opportunities arise. This means that children do not get a holistic and complete view about how to manage money. Their learning is limited by what they are exposed to. After talking to...Read MorePaying Children To Do Housework
I recently interviewed two mothers who had contrasting views on the idea of paying their children to do household chores. Both were right in their views – the one who refused to pay wanted her children to learn to help out with housework as a form of contributing to the family without the expectation of being rewarded financially. On the other hand, the other wanted her children to...Read MoreThe Art of Respect in Parenting
We did a recent survey where surprisingly all parents unanimously shared a view that successful parenting is having their children grow up healthy and respectful. Interestingly, academic success was not a priority. Although, it was mentioned in passing as a means to ensuring that the child grew up to have enough. With the resounding mention given to respect, we thought we will flash this out...Read MoreBrain skills: Increasing Your Child’s Ability to Learn
With the recent lock-downs due to COVID-19, the focus on learning delivery has shifted from the traditional classroom and teacher-led style to digital student self-directed learning. As teachers scramble to determine the most effective way of delivering their lessons, students too had to adapt to this new way of learning. The Internet is a double-edged sword. It provides vast amounts of...Read More
