Tag: Kids
5 Easy Steps To Spoiled Kids
by Coach on Sep.23, 2009, under Kids & Money, Money & Life, Positive Thinking, Student Loans
Financial Habits start from childhood. You might be asking, “how does a kid have financial habits?” Here’s an example:
Example: A two year old tells his mom he wants a new toy car. The mom says, “no!” and the two year old throws a fit. After ten minutes of crying, the mother takes the child to the toy store and buys a new toy car. The kid begins learning at age 2 that by crying he can get what he wants. After high school, the same kid decides college isn’t “for him”. After all, his mother will “take care” of him. As an adult it becomes hard to function in society because the real world doesn’t deliver what he wants when he raises his voice or throws a fit. This leads to all kinds of complications: financial issues, health issues, emotional issues, relationship issues, work related issues, etc. (Never the goal of parents, but true.)
5 Easy Steps To Spoiled Kids
1. Don’t encourage them to learn, grow or gain knowledge and be sure to tell them what they “can’t” do instead of what they “can” do.
