Don’t save up for the next Christmas

I decided to write this post 2 months out from Christmas. Why? Because I want all the madness and stress to die down first before launching into analysing the insanity of the past 2 months … and the continuation of that insanity thereafter to ‘start saving up for the next Christmas’. Let’s start with the months leading up to Christmas. There is joy in the air, there’s anticipation for the presents we will receive, but for most parents, there’s stress.
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New Year’s resolutions: write it down … or not

Like most people, I have always made New Year’s resolutions. In the days leading up to New Year’s Day, I start to think about what I will resolve to do over the next 12 months. Without fail, every year, when I wish everyone I meet on 1 January a Happy New Year, I inevitably always follow up with “So what is your New Year’s resolutions?” Just as often I am asked for my New Year’s resolutions. Like most people, I
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New plans for existing business ventures

My last post for 2017 was about the kids’ entrepreneurial results for 2017. In January 2018, we sat down and did some goal-setting, planning and mapping out our ‘future’ (the next 12 months) for the kids existing business ventures. I began by asking the kids to identify the following for each of their various business ventures: Which business ventures they had fun doing (Fun factor: not fun, okay, fun) Which business ventures made the most money How much effort was
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Results for 2017 Goal: being a kidpreneur

In January 2017, I decided to record my journey to being more intentional about teaching my children about money. For 2017, my plan was to focus on cultivating my children’s entrepreneur spirit. I previously wrote about one effective way to teach children to become entrepreneurs. As the year draws to a close, I thought I would share the results of my kidpreneur’s business ventures over the last 12 months. Some of these activities occur only at certain times of the year
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Parent vs child: differences in natural tendency

I have written about everyone having a natural tendency when it comes to spending or saving. For some people, saving comes naturally for them but spending doesn’t. I call them ‘natural savers’. For many people, spending comes naturally and saving is difficult. I call them ‘natural spenders’. Differences in natural tendency What happens if the parent’s natural tendency is different to the child’s natural tendency? What if the parent is a natural saver but the child is a natural spender?
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