The importance of teaching children hard work and determination

There are lots of different things to be thinking about when it comes to parenting and teaching our children. But one of the things that we need to make sure that we instill in our children from an early age, is the importance of hard work. Experts have found that when we teach our children the value of work and the importance of it and that of determination, it helps to improve self-esteem, as well as helping emotional development. So there are plenty of reasons why it is a good thing to do. This is never more important than raising children in this day and age.

We can get so used to things being available at the touch of a button, that it can be hard to wait for things. Which is why more than ever, teaching our children the importance of waiting for things and determination, will help them in so many ways. So here are some of the ways that you can encourage your children to stay on track and show them that hard work really does pay off.

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Praise Effort

There is a reason in school that report cards often have an attainment score, as well as an effort score. That is because in some areas our children may struggle, but if they are putting in plenty of effort into it, then you can’t ask for more. So praise the effort that they put into things, and they will learn that effort (or hard work) is an important thing.

Don’t Help Them Too Much

It can be really hard to not help our children when they need a little help. But often, when we do too much for them, it doesn’t help them to learn or grow. So placing them in some difficult situations, but ones that are not impossible, is going to help in a big way. They will learn what works, and even when things don’t go well, they can learn to keep trying and learn that precious skill of determination.

Encourage Work

As our children grow, then there can be things that they can do around the house to earn pocket money. And this is important to start from fairly early on (though it could be for whatever reward you see fit). When the time comes for them to be able to earn money for themselves, then you should encourage them to do so (for a small number of hours). You could even look at things like apprenticeships for 16 year olds, so that they can learn a skill, as well as a small income. It can give them a confidence boost, and get them used to working hard.

Be a Role Model

It can be so hard as parents to teach your children to work hard, if you are not doing that yourselves. Which is why you have to practice what you preach, in all areas, when it comes to your children. So show them what working hard looks like, and they will have some stellar examples to follow.

How To Set A Good Example Of Handling Money For Your Children

Becoming a parent is one of the most rewarding experiences in life. However, the pressure to set your children up for the best start in adult life can seem like a monumental task. Teaching your child to cook, do their own laundry, and clean the bathroom all takes time. However, the most strenuous of lessons can be handling money. Money stress has the ability to keep you up at night, and can even be the main reason for relationship problems and family feuds – something everyone wants to protect their children from. Below are a few ways you can best educate your child on dealing with money and give them their best chance in life.

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Teach Your Child The Time Value Of Money

Earning pocket money is a given in many households with young children, however helping them to understand the time value of the money they receive may not be. Everyday life really does revolve around money. The tap turns on because your water bill is paid, and you get up every morning for work to ensure you have the money in order to pay that bill. Simply sitting down with your child, whilst playing a game of shop, to explain why the cashier is at work every day can help your child to comprehend the process of money, and why they have to earn it through doing chores.

Allow Your Child To Gain Experience Purchasing

Depending on the age of your child, you may think it is too early to allow them to go up to the counter themselves and purchase the fidget spinner they wanted so badly. However, giving them the experience of asking a shop assistant for help and advice on a purchase could start to build a good foundation for their spending habits. Encouraging your child to really think about and research their purchases to ensure they are getting the best price available, and highest quality. Just like you would seek advice on investments and pensions from wealth management services – you can educate your child on seeking advice on their purchases – no matter how small they may be.  This will help to set in a place a healthy and intelligent habit that will continue into their adult life.

Teach Them About Waste

Opening your child’s eyes to food waste and the cost of breakages could help them to understand the value – and the privilege – of money a little better. Accidents, of course, happen, and even more so when you have children. However, you can help your child to be more careful by explaining to them that what they have broken cost money, which is now having to be thrown away. It’s the same process with food. The rule “no sweets before dinner” is important to reduce the amount of food wasted in your household – explain that food also costs money and throwing it away is not only a waste of food but money too.

Hopefully, this has given you a few ideas on how best to prepare your children for their independent, working life. It is never too early to start instilling good habits, and they will certainly thank you for it later on in life.

Tips on Teaching Children About Money

Children tend to think that money grows on trees. Most children can’t walk through a shop without asking if they can have something. A simple ‘no’ may result in a meltdown if you have an infant in the family. It’s all part and parcel of parenting, but so is teaching your child about money. There will come a day when your children will have to know that you work hard to give them what they have and that the value of money is important. So, how do you teach a child about money?

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Let Them Handle It

As your child gets old enough to do sums, let them handle money. Use the money to work on their mathematics skills at home. You’ll be surprised how a jar full of pennies can occupy a child. You may also want to let them calculate what they spend when you’re out shopping. For instance, if your child has birthday money to spend, ask them to stay within their limit by adding up the cost of their items. You can also ask them to pay at the till and wait for any change.

Give Them a Goal

If there’s a particular toy your child wants to buy, ask them to save for it themselves. As parents its an instinct to provide your child with their needs and wants, but it’s a valuable life lesson. Offer to give your child pocket money in exchange for good behaviour, completed homework and completed chores. Agree on an amount per week and let your child work out how long it will take him/her to save for what they want.

Explain Bills

Unless you explain it, your child may not realise there’s such a thing as an electricity bill. Children have a habit of leaving lights on, wasting water and leaving the TV on when no-ones watching it. If you explain that every time they put a light on it costs money, they may think twice about doing it. You can also save money by switching energy providers. You can compare energy providers at Selectra energy comparison specialists.

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Teenage Spending

As your children get older, their wants get more expensive. When your children turn sixteen, encourage them to get their first job and save for the things they want. That may be their first car which could be the most money they’ve ever spent. Teach them how to budget their money so they have money left over to save and put towards a reliable car. Here are some of the best new cars for first time drivers.

Be Open

Remember the old chestnut, ‘not while you’re living under my roof’? Past generations didn’t tend to explain why they had to say no. If you haven’t got the money to buy something your child wants, tell them why. Explain that your money has to go towards higher priorities. They won’t always understand but giving them a reason is better than telling them that you know best. They’ll thank you for being open and honest in the long run.

Teaching Your Kids To Help Their Kids Make Smart Financial Choices

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Money isn’t the most important thing in this world; family is. Nonetheless, your family can benefit greatly from making smarter financial choices. Furthermore, it’s never too early for the children to start learning. They will inevitably pick up habits from their parents and their grandparents. As Grandma or Grandpa, your job is to ensure that those influences are of a positive nature.

The only way to accomplish this challenge is to work together as parents and grandparents to ensure that the children get the very best support. Here’s what you can do as the most senior member of the clan to make it happen.

Lead By Example

You can’t possibly expect your children to become educators unless they’ve been educated themselves. Therefore, financial responsibility needs to start with you. Only then will it trickle down to your grandchildren.

At your advanced stage in life, life insurance should be one of the top items on your agenda. You can visit lifeinsuranceforseniorsover80.com for more info on the best deals and coverage around. Once this is in place, you’ll gain a huge sense of relief knowing that the family is in a better position. Frankly, that’s one of the best parting gifts you could ever leave.

More importantly, though, your commitment to the cause should encourage your children to employ better habits too. If that doesn’t result in a better financial education for the grandkids, nothing will.

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Make A Joint Investment  

Investing savings in an effective manner has become more important than ever, especially as we are living longer. With the cost of living climbing at a far too rapid rate too, building that nest egg for future years will be vital for your kids and your grandchildren. Subsequently, this is one area where you can have a telling influence on their futures.

As an older and wiser member of the family, your input can be extremely useful during this time. The best way to handle this is to be actively involved. Real estate is a particularly popular option for joint family investment. Understanding the different types of ownership, along with the other key elements, will serve all parties well.

In addition to boosting the financial futures of yourself and your children, it will have a huge impact on the grandchildren. Not only because the profits gained will have a direct influence on their lives, but because they’ll pick up important life lessons too.

Teach The Importance Of Budgeting

Even if you live a self-sufficient life, there’s no doubt that you will have encountered moments in earlier life where every penny counted. Your children probably have too, but may have forgotten those lessons now that their troubles in the past. But guess what, those difficult moments are still to come for your grandkids.

With this in mind, cutting unnecessary overspend is something the whole family should be involved in. Whether it’s using coupons for cheap groceries or tailoring broadband packages isn’t overly important. Reducing waste removes financial strain and leaves more capital for life and investments.

Embracing those improved habits is one of the greatest life lessons that you’ll ever impart on both generations. Do not underestimate it for a second.

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Encourage An Appreciation For Hard Work

No two families are identical, especially with regards to financial standing. Whether you’re rich, poor, or somewhere in between will have a major impact on many factors. Regardless of your unique situation, though, gaining an appreciation for the value of money is important for all.

Helping your child help their children to achieve this is best done through making kids work for their money. Of course, young kids shouldn’t be made to do some overly strenuous work. Still, using chores and other tools to promote the feelings of satisfaction gained from working is beneficial. And it will go a long way to aiding them through later life.

In truth, this financial astuteness also encourages an improvement to general personality too. For this reason alone, it’s one of the most important tips you could ever apply.

Be Prepared For The Worst

It’s one thing to get yourself in a comfortable situation for the moment. But what would happen if an unexpected issue occurred? As a wise head, you’d probably be ready to roll with the punches. How about the kids and grandkids, though?

If the answer isn’t an emphatically positive one, a change needs to be made. Workplace injuries, car accidents, and other issues could change a life in a heartbeat. Those impacts aren’t limited to health either and will cause financial problems. Learn about the available legal help at munley.com to help keep the whole family protected. Even if there isn’t a problem yet, knowing how to deal with those situations will remove a huge sense of fear.

Home security and similar preventative measures should also be on the agenda.In an ideal world, they’d never need to use those facilities anyway. Nonetheless, it’s imperative that your kids are aware of them. In turn, they can ensure that their children don’t enter adult life ignoring those factors too.

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Avoiding Temptations

Perhaps the most valuable lesson to teach your family is to stop rushing in to make luxury purchases. Let’s face it; clever advertisers are fantastic at encouraging us to spend money that we don’t have on things we don’t need. While life is to be enjoyed, putting ourselves under long-term stress is not an option.

Therefore, teaching the importance of organization and prioritizing is pivotal. Mortgages, debt repayments, and bills should always take precedence over personal treats. Even if your grandchildren are young, teaching them this at an early age is advised. After all, financial responsibility is a key life element that schools fail to acknowledge.

Once again, the only way to achieve greatness is to work together as a family. If you are repeating the same values that their parents are teaching, the grandkids will soon take note. A brighter financial future for the entire family awaits.

Teaching Your Kids to Take a Stand Against the Bullies in Life

Bullying is something we see in all walks of life and at all ages. The exact cause of bullying can be related to problems in someone’s life, but when you grow up into an adult you’ll realise that some people are just chaotic and spiteful. At a young age, a bully is usually formed due to neglect or bad parenting, but when someone grows older there is really no excuse to resort to playground tactics and tyrannising others—it’s just childish.

However, teaching your children how to deal with the bullies in life is going to be a key component in their development. Whether it’s bullying within the school, at university or in the workplace when they grow older, there are some basic foundation elements that will help them deal with all forms of bullying.

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Teaching them about respect

Respect is something that should be taught at a young age. Far too many parents put a heavy emphasis on respecting elders or seniors, but you should also be teaching children about respecting their classmates and even those who are younger than them. Age shouldn’t be something that sets you apart from others or something that makes you feel superior. It’s a sign of how long you’ve been on this earth, but that has no real bearing on your status over others.

We see this a lot in the workplace. A senior member of staff will try to exert his or her power in status over others, or an employer might give ridiculous orders and think they are above everyone else. While there is a need for leadership in the office, there’s a distinction between a good leader and a tyrant and this is what your child should be learning.

Seeking help

If the bullying has gone too far and your child feels like they are in danger, then it’s best to teach them to seek help. Speak to a parent, a figure of authority such as a teacher, or an older student such as a sibling. It’s best that your child doesn’t bottle up those emotions to a point they feel lonely.

Later on in life, we might experience similar bullying from our employers or people that we work with. For instance, you might have suffered an accident at work and your employers might not believe that anything is wrong with you and force you back to work. You can deal with this in the same way a child turns to a figure of higher authority—by contacting a lawyer such as Jacob Partiyeli to give you advice and help you deal with workplace bullying and also your injury.

Making a stand

You should be teaching your child not to succumb to the demands of bullies and to make a stand for themselves. If they believe that something is unfair, then they need to act on it. For instance, if they are being pushed around at school, teach them to calmly ask the bully to stop. If they see someone else being bullied, then they should attempt to help that person. While making a stand and protecting someone else can be a gamble, they can help that person in other ways such as comforting them and making friends with them.

Again, this happens later in life too. You might see an employee being shouted at or ridiculed at work because of his or her choices, but instead of joining the bullying your child should learn about respecting that person and making a stand.