How to Teach Kids to Resist Peer Pressure
Synopsis: Over 35% of the adolescents have lied to their parents, been pressured into doing something illegal, or forced a friend into doing something uncomfortable, all due to peer pressure, according to Survelum Public Data Bank. Find out how to teach kids to resist peer pressure in three steps. “Dad, isn’t this crazy?!” seven-year-old Lukas marveled. He and his father, Tom, had just finished reading A Strange Gift (Enchanted Collar, No.1) together. “In the...
Read MoreHow to Teach Kids the Value of Money
Synopsis: In an era when money is digitized and can be spent with a mouse click, parents are grappling with the increasing challenge of making sure their kids don’t squander their hard-earned money. Learn how to teach kids the value of money in 3 steps. “Anna, give Mike ten dollars,” I instructed my 11-year-old student. Anna opened her mouth wide in shock but couldn’t utter a word. She followed my instruction nonetheless and handed over a 10-dollar bill in a slow,...
Read MoreHow to Teach Your Children to Appreciate You
Synopsis: Parents often feel they are overworked and under-appreciated. Find out how to teach children to appreciate their parents' incredible effort of raising a family. “Only one hundred dollars?!” twelve-year-old Jason sneered at me. “What can a puny hundred dollars buy?!” I was teaching a basic finance class at an elementary school in New York City, and the topic of the day was how to convince bankers to lend the students one hundred dollars to start a...
Read MoreFool me once, shame on you. Fool me twice, shame on…???
Synopsis: Financial history is full of boom and bust. To prevent the next financial crisis, we must teach our children about the basic of finance. Learn how to talk to kids about money in a fun and exciting way. In late 2009, I was at an investment conference where Jamie Dimon, CEO of JP Morgan Chase, was the keynote speaker. He appeared to be fit and confident. Who could blame him? His company seemed the only bank that had survived the recent financial holocaust. “My daughter in college...
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