Only Pocketmoney?
Is it done with Pocket money?
definitely not! We are living in a reality, where in Germany 1.77 million people below 30 are highly indebted. About 8 million people in Germany are living from social contributions and only 120'000 People earn 9'000.-- Euro and more in a month. In total are living about 81 million people in Germany.
Alone this numbers should let us immediately think about how we can educate our children how to manage money. I am not only talking about how to save money, I am talking about how to find opportunities, how to build reserves and how money functions. In my blog "Assets and Liabilities" ( https://my.wealthyaffiliate.com/heartshift/blog/as... ) I was drawing already a more narrow picture about the knowledge how people deal with money.
Our children are our future and it is our responsibility to teach them how they can live an abundant life.
Teaching children how to manage money is definitely not done with giving some pocket money and with some complaints about the way they use it. It is the way of consistent including the child in money generating processes according to the age of the child.
Money generating processes can be ways how to find opportunities to make money and how one can avoid too high risks by although thinking entrepreneurial. Of course, all this has to be implemented in the daily life in careful and playful ways. The younger the child the more careful and playful.
It is to consider if you are not yet accordingly educated for yourself it makes sense to improve your skills in this field. Keep in mind it is enough if you are a little more than one chapter more advanced than your child and with this you can be already the best mentor to your child. On this way, you both can grow to an abundant life.
In my next blog, I am going to talk about how you can implement the money aspects in the life of your child and what the beneficial effects are.
Love, Martin Altherr
Join FREE & Launch Your Business!
Exclusive Bonus - Offer Ends at Midnight Today
00
Hours
:
00
Minutes
:
00
Seconds
2,000 AI Credits Worth $10 USD
Build a Logo + Website That Attracts Customers
400 Credits
Discover Hot Niches with AI Market Research
100 Credits
Create SEO Content That Ranks & Converts
800 Credits
Find Affiliate Offers Up to $500/Sale
10 Credits
Access a Community of 2.9M+ Members
Recent Comments
70
Hi Peter
long time we did not hear anymore from each other. I was very busy so it took also time to write the second part but finally out now :-) Pocket Money is not enough! Cheers, Martin
It is a topic which should be standard in all schools worldwide... Thank you for your comment Ed...
Love, Martin
Hi Ed
finally I had time to write the second part of this blog... thought I provide you with the link :-) Pocket Money is not enough! Cheers, Martin
Glad to hear that you like it, Paula! Hope tomorrow is enough time to post the second part... :-)
Love, Martin
Hi Paula
as you can see I was unable to post the second part in time. My other businesses kept me on focus... now I am back with it. Pocket Money is not enough! Just in case you are interested :-)
Love, Martin
Hi, Martin, I am always interested! Thank you for connecting.. Miss you when you are gone..☺pJ
flattering... your words making me feel good. Wonderful to be connected with you...
Love, Martin
Well, you are a shifter, as well! Glad to be an encouragement! I need to be that way more with my family! I tend to be my worst with them... I have been out of sorts trying to get a proper FTP...
i must do better! My son just walked by and shook my hand and said tomorrow is going to be a yell free day and I am going to be as polite as possible!! LOl! That melted my heart...
Hi David,
because you liked this post I thought I provide you with the link to the second part :-) Pocket Money is not enough! I was a little absent because lots of businesses were waiting for me...
Cheers, Martin
So very true I have always thought they could do with teaching this in schools to, I am working on my money management skills to always room for improvement
Great Katie... my words... I was even talking to the school at my place that I would like to give the class of my son at least a brief insight in such a world... no chance...hehehe...
Love, Martin
lol it would be a great topic for children to learn,, perhaps there are clubs much like boy scouts that would allow you to give talks or even churches
Actually a good idea... at the moment I focus on the adults who should give it forward to their children...hehehhe
Hey Katie
finally I am back with my second part of this blog. It was a very busy time so I had to pause a little on WA... Pocket Money is not enough! The link that you can find the 2nd part easier....
Love, Martin
All is perfectly well Katie and I am happy that after my pause on WA you are still here for me... :-)
Cool network, cool family....
Love, Martin
Hi Bert, I have the second part of this blog finally ready. Was very busy the last weeks... but here he is: Pocket Money is not enough! Cheers, Martin
Hi Peter,
after making a short pause on WA I am back with the second part of this blog :-) Pocket Money is not enough! Just in case you are interested.
Love, Martin
Thanks for sharing, Martin. Being sustainable and focusing the future is really important. I agree.
Hi Tarmizzy
the second part of this blog is finally online :-) Pocket Money is not enough! Just in case you are interested....
Cheers, Martin
Funny you should mention this. I wrote a post on my blog not too long ago about this exact topic. You are 100 percent right. If we don't teach them, who will.
Hi Mergie,
thank you for your feedback. That is nice to hear about your blog. Tomorrow after publishing the second part I will search your blog and read it...
Martin
Hi Mergie,
I disappeared for about two weeks for business reasons but I am back and the promised second part is finally online now :-)
Love, Martin
See more comments
Join FREE & Launch Your Business!
Exclusive Bonus - Offer Ends at Midnight Today
00
Hours
:
00
Minutes
:
00
Seconds
2,000 AI Credits Worth $10 USD
Build a Logo + Website That Attracts Customers
400 Credits
Discover Hot Niches with AI Market Research
100 Credits
Create SEO Content That Ranks & Converts
800 Credits
Find Affiliate Offers Up to $500/Sale
10 Credits
Access a Community of 2.9M+ Members
Hi Martin,didn't know you come from Germany, do my shopping many times in Waldshut. The statistics you show don't look good.
Cheers Roamy
I am from Switzerland, the neighbour of Germany :-) True, the statistics are really shocking...
Cheers, Martin
Hi Roamy
here the second part of this blog... took me a little time but finally I reached ;-) Pocket Money is not enough! Cheers, Martin