The Home Bank
" Teach your children about money at the earliest stages in life so when they ask it from you they will always think about savings, investment and not sweets, cakes, chocolate etc." - Wilson Masaka, youth advocate & social entrepreneur
Blog:- www.wilsenx.blogspot.com
One day I was delighted when my son Adrian (9 yrs) told me that I owed him the Kes 30 shillings, that I took from his savings (home bank). This is before we bought this tin that has one slot that allows coins to go through unless we break it.
The vital skills I transferred here are; responsibility, accountability and security which aren't easy to achieve unless you make deliberate efforts.
The secret is nurturing this value in your children by starting with the smallest units (coins) even if you have money.
Let them learn the WHY and HOW, it isn't about thinking of notes or bigger values. Even if you are poor or in financial difficulties you can still instill this golden value in your children as they grow.
Youth Space #YouthAndMoney
Did you know the same money you're misappropriating today might cause you some sleepless night in future?
Best quote about money;
- "An investment in knowledge pays the best interest". –Benjamin Franklin
- " It’s not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for". –Robert Kiyosaki
No comments:
Post a Comment