5 Important Ways to Prepare Young Children for a Successful Life

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Teachers have a difficult task at hand.  They not only teach students about the basic fundamentals, like math and reading, but they also work hard to prepare our little ones for life in general.  A teacher’s success can seem limited, though, when you consider how fast the world is changing and the lack of attention and funds that go into our schools.  

There are simple tools and techniques we can use at our disposal to help ensure our kids are prepared for adulthood.  In fact, their time in school is their first glimpse of the outside world away from the comfort of their homes. Here are four ways we can help prepare our kids for life and for success in whatever field they choose.

#1: Give students incentives to study.  

One amazing fact about kids is, they’re all different and unique in their own special ways.  Certain subjects will be more difficult for some students than for others. A lot of schools use the satisfaction of good grades as a motivating factor to do well, but that often doesn’t translate well in the real world.  It also doesn’t give attention to the students who studied harder to grasp a concept than those who picked it up quickly.

This idea is difficult and can be discouraging for those who often fall behind.  They’re seen as lazy and are punished rather than encouraged for the extra work they put in.  Over time, a student will simply accept that they are a “C” student and are comfortable with that existence.  It can lead to more problems down the road, including a loss of confidence.  

#2: Do away with policies that discourage effort.

One way a lot of schools work to increase the graduation rate is to offer a lax set of rules for allowing students to choose and design their own workload.  While it’s understandable that this might contradict the first point made about students working at different paces, this strategy discourages higher learning at any level.  

Students who can just choose to evade subjects they don’t want to learn, take easier courses as alternatives to the core curriculum, and awarding those students diplomas simply for having the required number of credits does absolutely nothing to prepare them for life outside the school’s walls.  In fact, it does the opposite. It allows for laziness to creep in and when that student enters the real world, they will not be given the same opportunities to ‘take it easy’. 

#3: Teach methods that allow students to overcome peer pressure.

Even with elementary school students, peer pressure can offer a profound impact on how students treat their learning opportunities.  In a lot of ways, if a certain student does well, studies hard, and participates in class, they are ridiculed and bullied. They may feel the pressure to slack off in class and not be as open in their learning as they should be in fear that the same will happen to them.  

This may lead to bigger problems down the road when a student attends school/college simply for a sports-related endeavor and/or to achieve various levels of popularity.  Schools can better prepare a student by using peer pressure to their advantage, such as enlisting peer groups to help influence like-minded students to encourage each other in their academic pursuits.  

#4: Don’t make it too easy.  

As pointed out in the first point, a lot of students are disadvantaged when it comes to learning various subjects.  Where it’s necessary to offer incentives for better studies, a lot of schools just outright cut any attempts to encourage higher learning.  This is often done in an attempt to save the student’s self-esteem or even because they don’t want to put in the extra effort.

By allowing students a free pass to get out of any subject they deem too difficult does nothing but set a dangerous precedent later in life.  Instead, figure out new ways to teach those students in ways that speak to them. There is no ‘black and white’ way of learning. There’s a whole spectrum of ways to teach that can help those who have a tougher time learning.

#5: Teach them about money.

This is one area where parents are severely lacking. Most teenagers and young adults brought up today know very little about the financial world. They don’t know how to balance a checkbook or understand the virtues of saving. This lack of education will cost them severely down the road. 

Take the time to teach your children about how credit works, why they should save their money, and how not to become big spenders. If they’re going to be successful in life, then this is one major lesson they need to learn. Don’t just give them everything they want, either, but rather allow them to develop the tendency to earn what they do get. 

Being a teacher is one of the most rewards jobs on the planet.  There’s no doubt that it’s also one of the toughest. There seems to be a trend as of late to make schooling easier, less complicated, and designed to just push those who have trouble learning through the system.  In the end, that does nothing to prepare them for life.  

They will go into the world lacking proper problem-solving skills to handle the difficult times.  Offer incentives and teach in ways that speak to each individual student. You’ll be amazed at the results and how eager they will be to learn if it’s done in the right way for their brain to interpret.  

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Teaching Kids about Financial Responsibility

Credit & Debt Settlement , Personal Loans , Saving

It happens in a blink of an eye. We spend our childhood getting just about everything we could ask for. Our parents worked very hard to give us a good life and to make us smile. If you were like me, you had a room packed full of toys, most of which you didn’t even play with. No matter what toy I had, my mind was always on the next thing. Then one day, it all changes.

Kids have virtually no concept of money. If they want or need something, it’s often provided for us. As we get older, we start to pick up a little more responsibility. Whether it’s your job to clean up after dinner, take out the trash, or vacuum the floors, we start to learn about work for the very first time.

A lot of parents will teach their kids that if they want that new toy, then they must earn it. But often, the biggest lessons of all are rarely taught. We all know as we get older that we must work for our money, but the concept of saving is seemingly lost on younger generations. Whatever they get in, they must spend immediately.

Spending Less than You Earn

According to Forbes, most 20-year-olds aren’t saving their money. They live right at where they can afford, opting for the more expensive car or apartment rather than living under their means and saving that money for later. Forbes also suggests, in their article 20 Things 20-Year-Olds Don’t Get, that young adults should learn how to spend 25% less than they make.

This is especially important when you consider that teens and young adults hop from job to job. They don’t have a steady work or credit history, yet they are at risk of making their financial life much more difficult if they don’t get spending under control earlier in life.

Here are several ways to help your child prepare for adult by teaching them financial responsibility.

1) When they’re younger, buy them a piggy bank.

A lot of kids already do have a piggy bank, but not a lot of parents use it as a method of teaching about savings. Once they start being able to help out with chores around the house, having them earn an allowance. When it’s time to get paid, it would be beneficial for you to sit down with your kid and go over their ‘budget’.

Yes, give your kids a budget! Do they want that new toy? Find out how much it costs and create a goal for them to save at least half of its value. When it’s ‘payday’, show them the money they earned. Discuss with them about how much they want to use right now (let’s say, for the ice cream truck? To get a dessert after dinner?), and how much to put in the piggy bank for the toy.

2) Offer a bonus for extra work.

The idea isn’t just to teach them how to save money, but how to have a good work ethic. Reward them for doing extra work around the house. If their only job is taking out the trash and keeping their room clean, but they start helping do the dishes and taking initiative, don’t be afraid to give extra.

In the real world, they’re going to have to hit the ground running. There will be no laziness on the job or slacking off. Once they know the value of hard work, they will be prepared to go to the extra mile for what they want in the future.

3) Show them how to budget for expenses,

A lot of kids love to go shopping with their parents. You can use this to your advantage by getting them involved in the shopping process. Disclose to them what the budget will be for that particular shopping trip. Sit down and go over what you need to buy. Show them how to clip coupons and find the better deal on items.

4) Teach them how to balance a checkbook.

This is one lesson that rarely gets taught to children. It can be a good way help them understand the importance of having good math skills. When they decide what they want to do with their allowance money, teach them how to keep track of the amount of money they have in their piggy bank and how much they’ve spent on junk.

It can be quite eye-opening for them to see how much money they wasted on things that could’ve gone to better uses. Not to mention learning a basic skill everyone will need to know.

5) Don’t forget about credit.

At every college around the country, credit card companies line up ready to get your kid to sign up. In fact, one of my closest friends told me about how he got into major credit card debt. It started the same way it does for a lot of students. His first year in college, they had tables everywhere for students to sign up.

Of course, he didn’t know a thing about credit cards, minimum payments, interest rates, or building credit. He was young and all he knew was he had a card with a certain limit on it. Before he knew it, he was thousands of dollars in debt and now in his 40s still trying to pay that off. It’s a warning to every parent who sends their kid off without knowing how credit works.

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