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Most of us wish we had learned about investing earlier in our lives so why not teach teens about investing now?
Most teens while doing reasonably well in school and staying out of trouble for the most part, seem to have a stunted sense of purpose.
My 11-year-old daughter Kyra came out of one of our mindset training sessions all excited. She ran to me and asked “Mum, is this meant to be a secret?”
Nobody would bring a sword to a gunfight – not unless they had a death wish. Yet this seems to be a good analogy of how we’re equipping our kids for the future.
Most parents haven’t had the money talk with their kids. And who can blame us?
Most of our kids live in a bubble of privilege with little to no awareness about the value of money.
Kathy is in her second year at university and a whiz at physics and math. But she doesn’t have a clue how to budget the allowance her parents send her every month.
Crushing credit debt, rampant financial crime, a looming economic crisis every couple of years – why are our kids still not being taught how to handle money?
Our experience over the last two years has enabled us to come up with a ‘Secret Sauce’ that we will now use in all our programs.
Most people think that financial literacy has to do with math and formulas and is nothing that young children would easily grasp – but that’s a popular misconception.