by Amanda van der Gulik
Give them once-in-a-life-time opportunities
Is there a home task that needs doing but you don't have the time to do it and it's not one of the kids regular home tasks? Would you be willing to pay someone else to do it?
That's one of the kinds of opportunities where your kid can start to understand how to earn cash by giving effort without creating the 'pay me to work' mentality.
Give the opportunities a time limit. Make them true once-in-a-life-time opportunities:
"I really need to fix the pocket on these jeans but just don't have the time, if you'd like to earn some cash, you can sew it for me but you only have till the weekend to get it done. If it's not done by then, I'm going to the local dressmaker to get it fixed. Let me know if you'd like me to consider you for the job first. I would pay our dressmaker $12/hour, so if it takes 15 minutes then that's $3.00 you could earn."
Give your kid opportunities to make their own cash. If they don't take it, then they may regret that later when you follow through and give your dressmaker the job:
"Yup, that's right, I paid the dressmaker to fix my pocket, it took her 30 minutes, so I paid her $6.00 for the job. The job is now gone. If you want any other opportunities let me know and I'll let you know when once comes up but I'm not going to wait for the work."
Scarcity of time is a great tool for coaching. Regret of not earning the cash, and jealousy that someone else got the job instead, can be great tools to teach your kid to take opportunities when presented and not to wait, cause life's opportunities will pass you by and find another ready soul if you're not ready for it.
OPPORTUNITIESISNOWHERE
See how your kid reads that.
A pessimist will read: Opportunity is Nowhere
An optimist will read: Opportunity is Now Here
The opportunities always exist, where it is, whether it's nowhere or now here, is totally up to you!
That's an important life lesson that our kids need to understand if they are to succeed in life and live a life of abundance.
Abundance does not come by opportunities alone, but by those who take the opportunities!
Try this lesson on your kid and don't give them allowances to the opportunities. Set the limits and the consequences and then let them learn from them, either by being rewarded (doing the sewing and getting paid) or by the missed opportunities (giving the opportunities to the dressmaker).
If they take the opportunities and are rewarded with the payment. They will feel good about themselves and about the reward. They will get a desire to find more opportunities: both to grab those that come their way but also to start looking for them everywhere.
If they don't take the opportunities then they learn also. Click here to read more...
Create a Healthy Wealth Mentality in your kid.
Cheers...Amanda van der Gulik...Excited Life Enthusiast! ;o)
P.S. Did you find this article helpful? If so, then please help me empower more kids, teens and their families by clicking the 'like' button and 'sharing' it with your friends on Facebook, Twitter, Snapchat, Instagram, Pinterest, etc. Thank-you for helping me empower more Healthy Wealth Mentality kiddos. We need them! :D
Amanda uses story-telling to teach kids and teens the fundamentals of cash so your kid will learn these in a fun and memorable way, without feeling like they're being TOLD what to do! Amanda has been a special guest on Radio Disney, featured in The Costco Connections Magazine both in Canada and the USA and on numerous parenting shows around the globe. For a short time, Amanda is giving away 7 FREE Gifts for Coaching Kids About Cash at www.TeachingChildrenAboutMoney.com, make sure you grab yours before they go away!
Give them once-in-a-life-time opportunities
Is there a home task that needs doing but you don't have the time to do it and it's not one of the kids regular home tasks? Would you be willing to pay someone else to do it?
That's one of the kinds of opportunities where your kid can start to understand how to earn cash by giving effort without creating the 'pay me to work' mentality.
"I really need to fix the pocket on these jeans but just don't have the time, if you'd like to earn some cash, you can sew it for me but you only have till the weekend to get it done. If it's not done by then, I'm going to the local dressmaker to get it fixed. Let me know if you'd like me to consider you for the job first. I would pay our dressmaker $12/hour, so if it takes 15 minutes then that's $3.00 you could earn."
Give your kid opportunities to make their own cash. If they don't take it, then they may regret that later when you follow through and give your dressmaker the job:
"Yup, that's right, I paid the dressmaker to fix my pocket, it took her 30 minutes, so I paid her $6.00 for the job. The job is now gone. If you want any other opportunities let me know and I'll let you know when once comes up but I'm not going to wait for the work."
Scarcity of time is a great tool for coaching. Regret of not earning the cash, and jealousy that someone else got the job instead, can be great tools to teach your kid to take opportunities when presented and not to wait, cause life's opportunities will pass you by and find another ready soul if you're not ready for it.
OPPORTUNITIESISNOWHERE
See how your kid reads that.
A pessimist will read: Opportunity is Nowhere
An optimist will read: Opportunity is Now Here
The opportunities always exist, where it is, whether it's nowhere or now here, is totally up to you!
That's an important life lesson that our kids need to understand if they are to succeed in life and live a life of abundance.
Abundance does not come by opportunities alone, but by those who take the opportunities!
Try this lesson on your kid and don't give them allowances to the opportunities. Set the limits and the consequences and then let them learn from them, either by being rewarded (doing the sewing and getting paid) or by the missed opportunities (giving the opportunities to the dressmaker).
If they take the opportunities and are rewarded with the payment. They will feel good about themselves and about the reward. They will get a desire to find more opportunities: both to grab those that come their way but also to start looking for them everywhere.
If they don't take the opportunities then they learn also. Click here to read more...
Create a Healthy Wealth Mentality in your kid.
Cheers...Amanda van der Gulik...Excited Life Enthusiast! ;o)
P.S. Did you find this article helpful? If so, then please help me empower more kids, teens and their families by clicking the 'like' button and 'sharing' it with your friends on Facebook, Twitter, Snapchat, Instagram, Pinterest, etc. Thank-you for helping me empower more Healthy Wealth Mentality kiddos. We need them! :D
Amanda uses story-telling to teach kids and teens the fundamentals of cash so your kid will learn these in a fun and memorable way, without feeling like they're being TOLD what to do! Amanda has been a special guest on Radio Disney, featured in The Costco Connections Magazine both in Canada and the USA and on numerous parenting shows around the globe. For a short time, Amanda is giving away 7 FREE Gifts for Coaching Kids About Cash at www.TeachingChildrenAboutMoney.com, make sure you grab yours before they go away!
