45% Commission Paid To YOU!!!

Hello Fellow Parent Entrepreneurs,

I've got Incredibly EXCITING news!!!

I've put together an affiliate program with a 45% commission on every sale made to be paid out to YOU!

Whenever you refer a friend to my www.TeachingChildrenAboutMoney.com website and they buy my "The Insider's Secrets to Raising a Future Millionaire" ebook, you'll get paid a WHOPPING 45% Commission!

Pretty cool eh?

You get to share in the profits!

What better way to encourage your own children to become entrepreneurs!

Be their role model!

Just go to www.TeachingChildrenAboutMoney.com/Affiliates.html
to sign up as an affiliate and start earning YOUR commissions NOW!!!

Cheers...Amanda van der Gulik...Excited Life Enthusiast!
www.TeachingChildrenAboutMoney.com/Affiliates.html

P.S. Make sure you sign up right now to start earning a WHOPPING! 45% commission!!!

Admit Your Defeat!

How often have you tried to accomplish something only to fail and then hide your failure?

I know I have.

Be honest with yourself.

It doesn’t feel good to admit defeat but to bottle up your mistakes inside and to try to hide them will only drain you of positive energy and fill you with negative tension.

We all make mistakes, it’s nature’s way of teaching us new lessons.

I like to say, "There are NO mistakes, ONLY very expensive LESSONS!"

Don’t be afraid of failure and don’t be afraid to admit your defeat.

Not only will you be freeing yourself of all that negative energy, you will also be giving the beautiful gift of new lessons learned to those with whom you share your defeat.

Be refreshed and begin again, learning from your mistakes.

Forget school!

I know we were raised in school to feel badly about making mistakes.

Start fresh and embrace your mistakes, learn from them and then try not to repeat them.

Here’s to your new life lessons!

Cheers….Amanda van der Gulik….Excited Life Enthusiast!
Founder of the “Kids and Money” DreamRichly Group.
Founder of http://www.teachingchildrenaboutmoney.com/.

P.S. Have you created your own Mind Movie yet?

Why Business For Kids?

Dear Fellow Parents,

Today I am honoured with sharing with you a special blog post written by my good friend, Jenny Ford.

She is the owner of Cash-Smart-Kids and has three young entrepreneurial girls of her own, all with their own businesses, started at the ages of 9-12! Enjoy!

"Every now and again, I meet someone who is new to the area of
financial education, and when that happens I find that I need to go back to basics and explain why it is that we believe business experience is a vital part of a well-rounded financial education. I find that many people get focused on the earning of money when they think about business for kids.

Many people see business as difficult, and stressful, and as a complicated way to make money. It seems to them that understanding business is optional, as most kids will never need that understanding. Nothing could be further from the truth. Kids gain so many benefits from running a business, above and beyond the money they may earn.

Business Understanding Benefits Consumers and Employees, As Well As
Entrepreneurs. Even as a consumer, if you understand how business works, you are much
less likely to be conned, overcharged, or exploited. As an employee, your understanding of the business model your employer uses will make you more valuable, help you to make the right choices when using your discretion, and enable you to choose the right time and the right
supporting arguments to ask for that raise.

Business Experience Develops Character Quite apart from any financial benefit, running a business develops your child across a range of personal qualities. A business has been described as "one of the best personal development programs available". Whether it is dealing with unhappy customers, trying to make sales, managing contractors, or managing their own emotions of excitement, apprehension or disappointment, doing business will put your child in
learning situations which develop his or her character and attitude.

Business provides the best possible feedback - immediate and accurate. If you get your marketing message right, customers show up. If you treat your customers badly, they go elsewhere. We have devoted ourselves to shielding kids from the "harsh realities" of the world, but a little controlled exposure to reality is very important preparation for real life!

Business Experience Builds Confidence Doing business enables a child to negotiate with adults on an equal footing, as a professional supplier of good or services. The experience of being taken seriously is incredibly important, particularly in the tween and early teen years, when our culture really doesn't offer kids much opportunity to interact with adults as peers. I cannot stress enough how important it is for kids to have the sense that they can provide something of value, which adults will take seriously.

Kids are not stupid - they know when adults are cooing "oh, that's lovely" about a painting or poem, but don't really mean it. They won't reject condescending praise - any praise is better than no praise - but they hunger for real, valid affirmation. They yearn to be able to do something worthwhile, and be appreciated for their contribution with no allowances required for their age or cuteness.

Once a child knows their accomplishments are genuinely impressive at an adult level, it relieves a primal anxiety about how they will make their own way in the world as adults. Too many of our kids never get this sense of their own capability, and become children in adult bodies, still uncertain and anxious about their ability to function in the adult world. Early business experience can provide that vital sense of competence and self-sufficiency, even when the actual business earnings are no more than a few dollars.

Business Experience Teaches The Real Value Of Money When a child is too young to have a regular job, the only way they will learn the connection between providing something of value and receiving money in return is to have a business. As we all know, the "something for nothing" mentality is at plague proportions in our culture, and it causes a lot of misery.

Early business experience, coupled with parents who are responsible about allowances, will give kids a good, solid foundation of visceral knowledge that money comes as a result of providing value - and that they have something of value to offer. What better attitude to instil in your kids?

Of course, it is also important to teach them how to manage their money responsibly - to save, invest, give, and to make wise spending decisions. Business experience is not the be-all and end-all of financial education. Business education, however, makes an important contribution to
financial understanding, which cannot be replicated using allowances alone. This is why we created the Cash-Smart Kids program, to provide an integrated approach to financial education - one that covers all the bases."

Jenny Ford is a financial educator, holder of a B.A.(Hons) in Psychology, a Diploma in Training And Assessment Systems, and an Advanced Diploma in Business Management, and mother of three girls, all of whom started businesses aged between nine and twelve. Jenny's blog
can be seen at Raising Entrepreneurs. Enter the Cash-Smart Kids YouTube Video Competition
- do you know a child with a business? Make a video and they could be featured in a new book to be published in 2009.

I hope you have enjoyed this post. Jenny will be gifting us with future posts as well.

Here's to your child's business education,

Cheers...Amanda van der Gulik....Excited Life Enthusiast!
http://www.teachingchildrenaboutmoney.com/

L.M. Montgomery teaches us about the Law of Attraction!

Dear Parents,

I am presently in Prince Edward Island on a wonderful two week vacation with my 6 and 4 year old and my ever supportive husband. We are having an amazing time!

My husband and I went last night to see the newest island musical, "The Nine Lives of L.M. Montgomery". It was a musical biography of Lucy Maud Montgomery's life. Maud (as she preferred to be called) was our famous Canadian author of the beloved, "Anne of Green Gables" book. The musical was absolutely incredible.

As we were watching this incredibly accurate account of her life I was inspired to focus on the life lessons that we can learn from Lucy Maud Montgomery's life story that we can share with our children to help them to grow up to become strong, independant, entrepreneurial souls.

Here are some of the lessons that I learned last night:

1. Although Maud grew up in a world that was quite negative and dreary she was determined to write stories, novels, and poems that would inspire readers. She chose optimism over pessimism in her writing. It was a place where she could live the life that she really wanted to live, with no limits.

Here are the lessons of perseverance, determination, and the desire to leave behind her a better legacy than was her actual life experience.

How often have you become upset with your circumstances and wanted to just 'give up'? Use Maud as an example of someone who lived the life she wanted to live, even if it was only in her stories. She found her escape and she was determined to give all of her heroines a happy ending even if her own life lacked happy endings.

Teach your child never to give up, and to find a way to make the things happen that they wish to happen.

Teach them to create happiness for others even when the going gets tough for them personally.

2. Near the end of the play, one of Maud's characters, Marigold, mentions how Maud may have suffered her tragic life because she expected all of the negative things in her life to come true.

She made life hard on herself by keeping her true emotions locked up inside and only ever letting go in her writing (but even there, she always kept her walls up). She expected bad things to happen to her because they always had. She assumed that good things could only even happen to her in her stories. And so she lived up to her expectations.

I was very impressed with this insight, and refer it to the "law of attraction".

She expected bad things to happen and so they did. She felt she wasn't deserving of good and so she wasn't. It wasn't until after her death, when she could no longer assume only the negative, that she is finally given the full credit she so thoroughly deserved while she was alive.

What are you doing in your life that is stopping you from achieving your own happiness.

Keep a close eye on your child and how they are reacting to life. Are they expecting good things to happen to them or bad?

Make sure you step in and point it out to them, in either case, so that they may see for themself what their thoughts are doing for their actions.

3. Maud was shown in this musical portrayal to take charge of her career. When the publisher she had signed her contract with for "Anne of Green Gables" took advantage of her by paying her less than other publishers would, and by stealing her writings and locking her in to a no-end contract, she fought back.

Through years of suffering and endless lawyers bills she finally won the right to her writing freedom.

It took persistance and the absolute attitude that she knew she was being treated wrongly and that she deserved better to finally win this victory. But now her family and her PEI island are able to continue to receive their much deserved royalties and literary rights rather than her corrupt publisher.

Who in your life is taking advantage of you? What are you doing about it?

Are there any bullies in your child's school taking advantage of your child? Are they fighting for their rights or just letting themselves be run over?

There are school and private programs that help teach bully victims how to cope with bullies, and I would encourage you to look into these support groups if your child is being victomised.

Don't let your child grow up letting others take advantage of them. They will need good strong independant characters to become successful entrepreneurs.

They will need a strong sense of what is right and what is wrong as well as the instinctive insight to what is really in the grey areas of life.

These are only some of the incredible lessons to be learned from Maud's life but these were the ones I felt were most imporant to pass on to our kids to support their future entrepreneurial souls.

Here's to your child's ongoing financial success!

Cheers....Amanda van der Gulik....Excited Life Enthusiast!

============================================

To Learn More Great Lessons on How to Teach Your Children About Money,

Take a Look at My "Insider's Secrets to Raising a Future Millionaire" eBook.

============================================

The Best Way to Learn is to TEACH!

I've had a lot of parents tell me,

"I'm not very good financially, how can I teach my child to be smart with their money if I'm not very smart with mine?"

This is a GREAT question!

Have you ever heard the old saying, "The best way tot learn is to teach?"

Well, it's incredibly true!

Just because you have not been very smart with your money in the past doesn't mean that you must continue along this way.

The fact that you can see that you have not been very clever with your money in the past shows me that you are now at a cross roads. You can see what you have done wrong and are getting ready to change.

Don't wait until you get a handle on your finances BEFORE you start to teach your child about money, start today!

Right now!

Sit down with your child and show them how you have made money mistakes in the past. Then come up with a plan of how you are going to change these bad money habits for the future.

Be a rold model for your child. And don't be afraid to show your child your failures.

By showing your child that you are human, that you make mistakes you are actually helping your child to see that it is okay to make mistakes. That mistakes are just life's way of teaching you something.

I like to think of mistakes as just, "very expensive lessons!"

That's all.

Now if you make mistakes and don't learn from them, then you are asking for trouble.

If you begin on your path to financial freedom together with your child, not only will you be setting the best example in the world for your child's financial success but you will also be really connecting with them at a very personal and emotional level.

This could be the best bonding experience you ever make with your child.

Just imagine, you could be having weekly fiance meetings with your child where you both take turns describing how your week has gone financially.

Set the example, you go first. Tell your child about your week's financial successes and also about the financial mistakes that you have made this past week along with the lessons that you learned from those mistakes.

Then it's your child's turn.

You're child will be more likely to be open and honest with you if you show that you are being open and honest with them.

Have fun with it. Set a special family game night, where you play the CASHFLOW game or some other financial game together. It's a great way to open up the lines of communication.

Read books together on finances and then hold your own book club, so you can discuss the lessons together.

But most of all enjoy each moment of learning and teaching your child.

This should be fun!

Cheers....Amanda van der Gulik...Excited Life Enthusiast!

============================================

For More Great Money Lessons for Kids read,

"The Insider's Secrets to Raising a Future Millionaire!"

============================================

The Insider's Secret's to Raising a Future Millionaire

Hello Parents of Future Millionaires!

I am so excited!

My ebook, "The Insider's Secrets to Raising a Future Millionaire" has been a huge hit!

It is so heartening to know that the information, tools and resources that I have put together in my book have been able to touch the lives of so many families who really want to teach their kids all about money.

Here's what one mother wrote me:

"Hi Amanda,

I just wanted to congratulate you on a fantastic book!

I grew up in a household with a ´poverty mentality´ always struggling to make ends meet.

Since having my own children I have always want to teach them that nothing is impossible but time seems to fly by and I always think I am not doing enough to give them a financial education (too busy trying to make money to give them the best schooling I can afford!)

Your book has really given the push I needed to make this a priority. They are already 6 and
8 and I know you are right - the time to start is now.

If I say we don´t have the money for something they tell me to just go to the bank and get it - like it just appears magically.

I desperately want them to be financially secure so that they concentrate on enjoying life and there are loads of great resources in the book to help me teach them.

This is a must-have for all parents." Yolanda Solo, USA

Thank-you Yolanda, I am so pleased that I was able to give you what you needed to really get your financial education for your kids going. I'm sure that with persistence and by being a positive role-model for your children you will be able to succeed at raising your own kid entrepreneurs and future millionaires!

I'm so pleased that I was able to offer my loyal members my Last Chance Offer to get my ebook at the Pre-Launch reduced price. The ebook is now fully available and functional.

For all of you who have already purchased my ebook, a REAL BIG THANK-YOU! I really do appreciate your business and I truly look forward to working together to help your with all your educational needs and support while you are teaching your children about money.

Cheers....Amanda van der Gulik.....Excited Life Enthusiast!

Don't Be Realistic!

How often have you heard people say,

"Be Realistic,"

right after you have told them all about one of your dreams?

These lovely people are called, "dream stealers" and although they may think that they are being helpful to you to keep you on the ground and be 'realistic' what they really are doing is damaging your beliefs, your visions.

It is so incredibly important to surround yourself with possitive people who honestly believe in your visions and goals and truly want to see you succeed.

These are the people who will help you achieve your goals.

Unfortunately in your life, you will find them all around you and your child, you will come across these 'dream stealers'.

They are in your close circle of friends and family and they are hard to avoid.

It is very important to keep you and your child motivated towards your own true goals and to put up an imaginary wall between your "well-meaning loved ones" and yourself and your own family that you wish to protect.

It happens to me daily. I constantly get told by well meaning family members or friends that my visions and dreams are 'unrealistic' and that I should be 'real' and just live my life the way that they think I should.

If you've viewed my 'mind movie' then you will already know some of my own personal goals and dreams and you will know that homeschooling my own children and teaching other children about money are two very important and personal goals of mine.

Yesterday, my father-in-law, although in his mind "meant to be helpful and supportive", told be straight out that my children should be in school and that he had already noticed that my children were falling behind socially because of this 'lack' of socialization that homeschooling brings.

Now had I not had the supportive friends that I am blessed to have and also had I not had an incredibly supportive husband, then I may have taken my father-in-law's remarks straight to my heart and felt that I was doing harm to my children by following my dreams etc. etc.

Instead, however, solid in my goals and visions and constantly surrounded by possitive and inspirational, supportive friends, I was able to look past this remark and see what was really behind it.

Here are some points about his remarks that I will share with you so that you too, may be able to look past the remarks of your own 'well-meaning' friends and family and know that there are other people out in the world just like you who also need support and that you are not alone in your dreams.

1. Firstly, I must tell you that my father-in-law is a teacher and so must take it at some level personally that we chose not to send our chidren to school.

I can fully understand his concern. School is what he knows, this is what he feels comfortable with.

I am confident that if he took the time to really get a full understanding of all that is involved with homeschooling socially then he would change his perception.

2. Secondly, his perception of my children's lack of socialisation skills was also affected by the fact that he had only ever observed their social behaviours in a country where they didn't speak the native language.

Had he seen how they react socially in an English speaking society instead of the Dutch speaking society of his island then he would have been better able to see that my children were a little bit at a disadvantage.

Most children would feel slightly out of place in a country where they do not speak the language.

Ironically, the beauty of us taking this trip to this beautiful Dutch speaking Carribean island, is that my children are now learning to speak Dutch and are making many new and interesting friends.

Again, had I not had that solid background of exceptional support people in my life then I'm sure I would have found it incredibly hard to deal with these types of negative comments and would surely take most of them very personally.

Now, however, even though it will still never feel nice to have 'dream stealers', I am able to take a step back out of the situation and see their comments for what they really are.

You have a support network here. We truly want to see you succeed.

I look forward to reading your comments on this post and reading your own experiences to share with our readers so we can continue to build a strong possitive support group for each other as we follow our dreams for ourselves and our children.

Cheers......Amanda van der Gulik......Excited Life Enthusiast!

Why Should We Teach Children About Money?

Dear fellow Concerned Parent,

I am constantly asked why is it so important to teach our kids about money?

Shouldn't we just let our kids be 'kids' and let them worry about money after they grow up?

These are very good questions and I completely understand why concerned parents ask this.

We assume as parents that our schools will teach our children everything they will need to know to be able to become independant young adults but we forget that 'teaching children about money' is not in the curriculum.

Now let me give you statistics that may shock you:

1. Did you know that the number one reason that young couples divorce today is because of money stress?

2. Did you know that the majority of bankruptcies today are applied for by adults 25 years and younger?

Do you want your children to end up as one of these statistics?

No, I didn't think so, and neither do I.

That is why I now am actively teaching my children about money.

So where do you begin?

I simply suggest you begin by encouraging your child to come up with a creative way to earn their own money, so they will feel the pride they deserve from their own efforts.

Then I suggest you encourage your child to split their money into four categories (or piggy banks):

1. Savings (for that rainy day emergency)
2. Investings (you can start them off with simple small stock investments in quality stocks)
3. Charity (teach your child now while they are young to give away some of their money to help others so they won't turn into Scrooge! AND they will get an incredible sense of responsibility toward humankind and nature, and that will only strengthen their characters and help them in their day to day struggles in life)
4. Spend the rest, FAST! (let them feel the rewards of their harded earn cash quickly so they stay excited to continue along this entrepreneurial path.)

I hope this has been helpful and look forward to hearing your comments or other suggestions.

Cheers....Amanda van der Gulik.....Excited Life Enthusiast!

============================================

For '50 FREE Money Making Ideas for Kids' click here.
Help your kid find some easy ways for kids to make money.

============================================

Cash-Smart Kids - Teaching Kids About Money and Business

Hello Parents,

I've just come across an amazing site. These parents have three young girls and all three of them started their own businesses in elementary school!!! Not bad, eh?

Here's a small exerpt from their site, click the link to read the full story.

Cash-Smart Kids - Teaching Kids About Money and Business: "more and more parents are realising the importance of providing their kids with something better than the standard basic school education about money and business.

In today’s economy, we need to raise our kids to be self-reliant. Getting a good job in this day and age is no longer the passport to financial security it once was. Employees, even highly skilled ones, face an uncertain future, hoping and praying that the environment is kind to their employer, their geographical area, and their industry."

Cheers....Amanda van der Gulik....Excited Life Enthusiast!
=========================================

FREE ebook, "50 Money Making Ideas for Kids"
http://www.teachingchildrenaboutmoney.com/

=========================================

The Money Mammals - Teach Children About Money Through Music!

I have come across a great site with incredible tools for teaching children about money.
They are called The Money Mammals.

Here's what kids are saying about money.


And here's an example of how The Money Mammals can help teach children about money.


Here's to our continued success in teaching kids about money!

Cheers....Amanda van der Gulik....Excited Life Enthusiast!

Kids Business Ideas - Highly Recommended eBook

Hello Parents,

I have just come across an amazing resource guide with 83 Ways for Your Child to Start Earning Money Right Away! Similar to my own "50 Money Making Ideas for Kids" ebook, this "Kids Business Ideas - Money Making Inspiration For Kids And The Parents Who Love Them" ebook is a must read for kids who would like to find some ideas for ways that they can earn money during the summer and beyond.

Hope you enjoy it and if you have any feedback on the ebook please do let me know so I can publish your thoughts on the book and let us know how the ideas helped your child.

Cheer....Amanda van der Gulik....Excited Life Enthusiast!

TEACH YOUR KIDS ABOUT MONEY

Can You Indulge Your Kids and Still Teach Them to be Responsible About Money?
by Jean Chatzky - from Oprah.com

"Whether you've got a toddler or a teen, teaching kids how to spend and save money is one of the most important jobs you'll face as a parent. The lessons you impart now can have a huge impact on how hard your child works, whether or not they get into debt and how well they can budget and plan for the future.

If recent surveys are any indication, kids can use the help. Few kids age 12 to 21 understand even basic financial terms, according to Phoenix Student Fiscal Fitness Survey. Only 12 percent could define the word budget.

But kids certainly know what they want when it comes to money—they want more. Our consumer-driven society teaches them that material things will make them happy. As adults, we know that's not true, and it's our jobs to make sure our kids understand that. Of course, a little overindulgence is perfectly natural, especially among this generation of super-involved parents. If your kid routinely wants the next great toy, video game player or trendy pair of shoes, and then grows tired of whatever it is they just bought within a few days, that's a sign you're erring on the side of spoiling them.

What can you do to help your kids avoid this fate? These two easier-said-than-done rules of parenting can be the keys to success."

To read more about the "two easier-said-than-done" rules of parenting click here.

I hope you've found this interesting and the statistics eye-opening!

Cheers.....Amanda van der Gulik....Excited Life Enthusiast!
www.TeachingChildrenAboutMoney.com

Launch of My Kids and Money eBook!!!

Hello Parents and Friends,

I am very excited and pleased to let you know our “Insider’s Secrets to Raising a Future Millionaire” eBook is finished.

It has taken a lot of effort and time (I was still working on it at 2 am this morning.)

I am very proud of the finalized product.

Read what my dear client, Yolanda, has to say about my new book:


"Hi Amanda,

I just wanted to congratulate you on a fantastic book! I grew up in a household with a ´poverty mentality´always struggling to make ends meet. Since having my own children I have always want to teach them that nothing is impossible but time seems to fly by and I always think I am not doing enough to give them a financial education (too busy trying to make money to give them the best schooling I can afford!)

Your book has really given the push I needed to make this a priority. They are already 6 and 8 and I know you are right - the time to start is now. If I say we don´t have the money for something they tell me to just go to the bank and get it - like it just appears magically.

I desperately want them to be financially secure so that they concentrate on enjoying life and there are loads of great resources in the book to help me teach them. This is a must-have for all parents."

Yolanda Solo

Thank-you Yolanda for your inspiring words, I will continue to do my best to help you teach your kids about money.

"Teaching Your Kids The Importance Of Saving

It is my opinion that, as parents, we have an obligation to teach our kids about saving and financial matters in general. I believe that teaching our kids about saving and financial matters is just as important as teaching them honesty and integrity, and even sexual matters. Yet, as is the case with sex, many parents are uncomfortable teaching their kids about financial matters.

I believe this is a big reason why we have a savings crisis in America. In the first half of 2005, the national savings rate fell to ZERO, down from a high of over 10% in the early 1980s. By the end of last year, the national saving rate had fallen into negative territory, -0.5% according to the Commerce Department. The Commerce Department calculates the savings rate by taking the difference between after-tax income and all expenditures, including housing, food and clothing.

Every three years, the Federal Reserve conducts an in-depth consumer survey called the Survey of Consumer Finances. These surveys glean lots of data on trends in consumer saving and spending. The latest report for 2004 found that only 40.8% of all households actually save on a regular basis, and in reality, that number may be high. In addition to the negative savings rate, the American Bankers Association reports that the average US household has over $8,000 in credit card debt. Credit card abuse by college students is epidemic.

I could go on with troubling statistics on debt and the lack of savings, but the point should be obvious. If we are going to educate our kids about the importance of saving, we must not only teach them, but we must also practice what we preach. Kids whose parents don't save are not likely to be good savers either."

I found this article on localhs.com and really liked how he spoke to us about kids and money.

I hope you enjoyed this one.

Cheers...Amanda van der Gulik....Excited Life Enthusiast!

So What About Allowances?

CatastropheWaitress

Hello Friends,

I have been asked again and again about allowances.

The questions are numerous but the main ones are:

"Should I give my child an allowance?"
"How much should I give my child as an allowance?"
"When should I start giving my child an allowance?"
"Will an allowance ruin my child's entrepreneurial spirit?"

I understand your questions.

Allowances are a very touchy subject and really come down to each individual's personal strategies for financial education for their child.

Teaching children about money can be very difficult and confusing for the parent as well.

Most of us were raised with the value that "money is evil", or "you don't need to have money to be happy." But have you had a good look around you lately? Can you find me a family who are in a lot of bad debt that are not stressing about their finances?

Maybe money doesn't make you happy but not having money will make you a lot more unhappy, I can tell you that for sure.

Just imagine, you have a recurring income of more than $10,000/month. How would that feel?
Would you feel stressfree because you are now able to pay off all of your expenses and thereby not create any bad debt?

sharon_tenenbaum

How will you feel when you have money left over at the end of every month instead of living paycheck to paycheck?

What if you were financially able to give away 10% of your income, every month, without even noticing the fiancial impact? What would you give it to? Who would you like to help? How would it feel to be able to help others in need with the extra money that you are earning without even feeling the financial impact? It would be pretty awesome right?

So how does this tie into the topic of allowances?

Here are some of my own suggestions on the topic to get your financial juices flowing.

1. Maybe when we give our child an allowance it might start to create the feeling of entitlement in our child?

2. What if by giving our child an allowance we were actually hindering their financially creative minds? Would they be so used to just getting money that they wouldn't even bother to come up with creative new ways to earn their own money?

polyfaze

3. And what about pride of ownership that comes when we are finally able to acquire our dreams by our own means instead of just as a gift from someone else?

These are just a few of my thoughts on this matter. I'd love to hear from you some of your ideas, suggestions or questions on the subject of whether or not we should be giving our children an allowance or not.

Maybe you have some ideas on easy ways for kids to make money so they won't need an allowance? I'd love to see your suggestions on my blog.

Cheers.....Amanda.....Excited Life Enthusiast!
http://www.teachingchildrenaboutmoney.com/

Kids and Money

Welcome and thank-you for taking the time to visit my blog.

Teaching Kids about Money has been my passion now for a few years.

When Children understand how to use their money then they will be able to become financially independant from a very young age.

Let's make future your child a Young Entrepreneur together! Today!

Cheers.....Amanda van der Gulik......Excited Life Enthusiast!