Over the last few days I had the privilege to learn a lot about branding when I shared the stage with brand experts Raymond Aaron and Jim Lafferty in the Success Summit. I also finished my online course on Behavioral...Read more
Summer is almost over and our kids are about to start a new school year. On May 16, 2013 I...
FQ: A WORKSHOP ON FAMILY FINANCE goes to Cebu on May 18, 2013; 1:30 – 5:30 pm at the City...
The author shares how she and her husband raised their three sons to have high FQ (Financial Intelligence Quotient) at a young age. Marty, Enrique and Anton have been speakers in a Financial Literacy Workshop for the Youth. They now have their own financial goals and keep tab of them with their individual Balance Sheets.
Read the chapter and learn a thing or two from the stories so you too can raise your children to have high FQ.
Should you wish to show your son the magic of compounding, click this link.
For related stories visit the following:
12 Year Old Investment Whiz Kid
Brothers Fausto: Teenage Investors
What We Really Need To Teach The Youth
IN A NUTSHELL:
Whatever dreams and aspirations our sons have, they will always have to deal with money in their adult lives. In fact, being good with money at an early age will allow them to follow their dreams. Money really matters; it's our tool to have a comfortable and meaningful life, the very life we wish for our sons. Let's raise our Pinoy boys with high FQ now!
LET US SHARE:
I'm sure at this point, you already have a lot of thoughts about how you can raise your children to be financially intelligent. You may want to share them. Please post your comments and stories below.
Total of 4 comments
A bit srupriesd it seems to simple and yet useful.Aug 03, 2011 / 06:13 am
Hi Joy. I'm glad you used the word "budget" instead of saying "we don't have money." This made your son aware at an early age that he can exercise decision making on purchases - that even if he has the money, he can opt not to buy it for a valid reason. So did you "buy him a budget?" :)Feb 16, 2011 / 03:32 pm
By the way, our son "Migu" is now 15, and still very much "Budget" conscious.Dec 31, 2010 / 03:43 pm
i remember we exposed our eldest son "Migu" to the word "BUDGET" when he was barely 3 y.o. Everytime he points to a quite expensive toy in the mall, we often tell him,"Lets see if we have the budget". Until one time, he commented, "Why dont we just buy a BUDGET Mom?"Dec 31, 2010 / 03:29 pm