click here

4 Ways To Teach Your Kid To Build Wealth

Welcome to Qotion.com!
Qotion.com is a website for you to browse and discuss financial products. Currently, we are undergoing further development, and hope to serve you when we relaunch the site with new features.

10 replies [Last post]
User offline. Last seen 2 years 46 weeks ago. Offline
Qotioneer
Joined: 02/08/2008

Lesson 1 -
Teach your children the importance of saving and investing a portion of each and every dollar that they earn.

Lesson 2 -
Teach Your Children To Spend Their Money Wisely

Lesson 3 -
Teach your children to put 100% into whatever job they have.

Lesson 4 -
Teach your children to pay themselves first.

qwerty123's picture
User offline. Last seen 2 years 19 weeks ago. Offline
Moderator
Moderator
Joined: 03/18/2008

i guess theses lessons will depend on their age...
slowly impart these lessons to them..if you rush things through, they might lose their interest as children's attention span is very short..

Deathsender's picture
User offline. Last seen 3 years 14 weeks ago. Offline
Moderator
Moderator
Joined: 03/06/2008

Kids when they are too young, they wont listen to those lessons, they are more interested in playing and buying lots lots of toys.

----------------------------------------------------------------------------------------
Contest theory: More entries = More chances - Concept of Probability.
Time & Tide waits for no Man.

qwerty123's picture
User offline. Last seen 2 years 19 weeks ago. Offline
Moderator
Moderator
Joined: 03/18/2008

make them play monopoly games...haha

User offline. Last seen 2 years 26 weeks ago. Offline
Junior Qotioneer
Joined: 03/17/2008

When i was in K1, I don't even know what $ is .. Kind of slow back in those days...

qwerty123's picture
User offline. Last seen 2 years 19 weeks ago. Offline
Moderator
Moderator
Joined: 03/18/2008

same for me...i only know how to get money from my mother to go to the mamashop to buy snacks...hehe

Deathsender's picture
User offline. Last seen 3 years 14 weeks ago. Offline
Moderator
Moderator
Joined: 03/06/2008

Does it really work.. especially for nowadays kids... very brand conscious... always ask money from parents for this lah that lah.... ma chiam treat the parents like ATM. Hiazs tough life now...
----------------------------------------------------------------------------------------
Contest theory: More entries = More chances - Concept of Probability.
Time & Tide waits for no Man.

qwerty123's picture
User offline. Last seen 2 years 19 weeks ago. Offline
Moderator
Moderator
Joined: 03/18/2008

Deathsender wrote:

Does it really work.. especially for nowadays kids... very brand conscious... always ask money from parents for this lah that lah.... ma chiam treat the parents like ATM. Hiazs tough life now...
----------------------------------------------------------------------------------------
Contest theory: More entries = More chances - Concept of Probability.
Time & Tide waits for no Man.

ya lor...that's happening to my younger sis too...
only know how to get money from my mother to go out shopping and dining with her friends.
and always call my father to pick her up...really pampered child...

sometimes i really hate her...she don't know how to earn money and yet spend so much...

Deathsender's picture
User offline. Last seen 3 years 14 weeks ago. Offline
Moderator
Moderator
Joined: 03/06/2008

Nowadays kids are like that hiazs... next time my kids ... i will either give them 3 choices during holidays... more tution / take up course / work ...no sitting around at home and shaking leg.
----------------------------------------------------------------------------------------
Contest theory: More entries = More chances - Concept of Probability.
Time & Tide waits for no Man.

qwerty123's picture
User offline. Last seen 2 years 19 weeks ago. Offline
Moderator
Moderator
Joined: 03/18/2008

Deathsender wrote:

Nowadays kids are like that hiazs... next time my kids ... i will either give them 3 choices during holidays... more tution / take up course / work ...no sitting around at home and shaking leg.
----------------------------------------------------------------------------------------
Contest theory: More entries = More chances - Concept of Probability.
Time & Tide waits for no Man.

hmm...but at least give them some break during their holidays??

Deathsender's picture
User offline. Last seen 3 years 14 weeks ago. Offline
Moderator
Moderator
Joined: 03/06/2008

qwerty123 wrote:

hmm...but at least give them some break during their holidays??

That will depends on their behaviour and performance before the holidays... If they study alot and do well or work hard then theres room for some leeway during holidays ... if not hehe nope.
----------------------------------------------------------------------------------------
Contest theory: More entries = More chances - Concept of Probability.
Time & Tide waits for no Man.

click here