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 More
As I write this, half of 2020 has gone and most of us spent the first half of the year dealing with the curve-ball of figuring out how to deal with the pandemic.
Now that countries are slowly opening back up, we are all trying to determine how to get our lives back to ‘normal’. During this period, some of us got more present to how lives can be reset. Others, like me,...Read More
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
In our earlier article, we explored how a habit loop can be formed, and the impact it might have on our lives. Life skills habit
As William James, a famous psychologist, once said:
All our life, so far as it has definite form, is but a mass of habits
Achieving financial well-being is thus also about mastering our habits so that the good ones remain to make our lives more efficient while the...Read More
As I read Charles Duhigg’s “The Power of Habit“, an “OH” moment occurred to me. Most of the actions I perform each day were not a product of my decision-making but a habit. Habits developed through choices that I make intentionally at the beginning, and then at some point as the brain looks for ways to save effort, becomes auto-pilot.
Duhigg puts it this...Read More