This week (4/21/2011) on the CEO Kids Chat we be hearing from Patti Handy, The Teens Cash Coach!
The CEO Kids Chat will start at 5:30 PM PDT. Here is the link to the chat room: http://tweetchat.com/room/ceokidschat
What do you want to ask Patti, The Teens Cash Coach? Ask her your questions on Twitter!!
Enjoy Patti’s Awesome Article!!
We’ve often heard the saying, “it’s not what you say, but how you say it that matters.”
I agree with that statement; however I have a slight twist to it.
With the present state of the economy, we have watched many families struggle, if not our own family. People are fearful, worried about their future, their kids future, finding a job, paying the mortgage or putting food on the table.
As parents, we are concerned that our kids will be traumatized by these experiences and somehow lead a life of ongoing
challenges.
The language you use when speaking with your kids can dramatically affect whether they see “challenges or opportunities”, “tests of strength or life as unfair”, “tests of courage or I give up.” Here are three tips that can help you when speaking to your kids.
Tip #1
When the kids are pleading with you to buy something, rather than saying, “we can’t afford that” respond with, “that is not a good use of our money right now.” This statement shifts the mindset from ‘living in lack’ to ‘living with choices.’ We all have choices; we just need to be aware they exist.
Tip #2
Empower your kids by shifting the opportunity to them. In the above example when your kids are asking you to buy something, your response could be something like “what can you do to afford buying this for yourself?” Now your kids have an opportunity to think about how they can make their own money and become independent from mom or dad.
Tip #3
Perseverance in life is a crucial life skill to teach your kids. Whether you are following your dream or getting out of debt, never giving up is a powerful message to give your kids. When talking at the dinner table or on a drive, bring up this important topic and discuss examples in your own world.
Kids are watching you and how you respond to life. Give them the gift of a strong mindset by shifting your own thoughts and beliefs.
As a speaker, author and founder of Teens Cash Coach™, Money Coach, Patti Handy is determined to teach one million teens how to master money. From school assemblies to boot camps for teens, she engages, entertains and empowers teens to create the life they deserve. Patti’s quick wit and sense of humor make all her presentations interesting and fun experiences for teens.
[...] you need to train your kids in entrepreneurship at an early age. One week the chat topic was "3 Tips for Talking to Your Kids About Money." Go back and check it out and stay tuned every Thursday at 8:30 p.m. [...]