What money is, how to make it, how to manage it? These things are just not addressed in the course of standard education.
And here’s the problem, we go to school, for 15-20 or even 30 years and we learn about dozens of subjects, everything, but money and then we graduate and we spend most of our waking hours every day for the rest of our lives trying to make money.
A subject which we learn absolutely nothing about in school.
Does this ring a bell with you?
I know so many intelligent, talented, disciplined, hardworking people that are just completely clueless when it comes to the subject of money. So, it should be no surprise that we have serious money problems in our society today.
• Most of us are in debt that we can’t seem to get out.
• We are confused and angered by the widening gap between the rich and the poor.
• Financial problems among couples are the leading cause of divorce in other countries.
• Poverty, or lack of money, is a leading cause of crime.
Many people wonder how poverty can still exist in a world that’s so incredibly wealthy.
Well, yes, we do have serious money problems, but WHEN have we ever attempted to educate anyone properly on this issue, especially our kids?
What kind of disconnect allows us to totally disregard such an incredibly important subject from an educational system?
How do we expect anyone to learn anything about money if we don’t teach it to them?
Here’s the sad truth, when it comes to money, we’re expected to figure it out all on our own.
We’re not expected to discover the principles of physics in the real world after we graduate, we’re not expected to figure out geometry on our own, we’re not left to wrestle with verb tense, or multiplication, or igneous rocks, or cumulus clouds, but somehow we’re expected to discover the principles of money and wealth creation all by ourselves, and I’ll tell you, that’s really hard thing to do.
So, how do we fill in the gap?
In the book, Rich Dad, Poor Dad by Robert Kiyosaki, he said,
“Often, traditional education teaches us nothing but how to become a hamster in a wheel. We learn to narrow our focus, specialize; our main strategy for gaining wealth is to work as hard as we can.”
That’s our real skill; working hard. But many of us are, Kiyosaki argues, one skill away from wealth.
Following the advice of his “rich dad,” he recommends not specialization, but deep learning in multiple areas. For years, he worked in different areas of his “rich dad’s” companies. He worked in accounting, service, sales, and marketing. And then he began his own adventures in the military and a series of industries, always striving to learn more and more.
Kiyosaki says, “The point is that real learning comes through experience, and when it comes to understanding how to generate wealth, that experience comes best through work itself—or it should. If you’re not learning from the work you do, change jobs. If you’re not stretching enough beyond what you already know, take a second job. As you learn, learn to teach what you know, and to show others why it’s important. Above all, giving is the secret to wealth.
Being a parent today, and being aware of this gap, now, it becomes our responsibility to fill in the gaps. The first, most important and foremost strategy, we need to do is fill in our own gaps.
I encourage you to, study, learn and be excellent in money managing on your own first. So you can teach the right principles to your child.
Does that make sense to you?
Personally, me and my husband set aside 10% of our income in educating ourselves. We invest in seminars, both local and international, because we believe that, we need to learn first, so we can teach our children the right path. Don’t think that education is only for your kids.
It is true that, the youth is the hope of the world, but we are our children’s hope. If we can’t figure out things on our own, how do you think they can figure things out on themselves?
Continue learning. Invest in learning.
I am hoping that this blog opens your eyes to the real danger of keeping ourselves and our children in the dark.
Learning with you,
Read more:
- 5 Money Habits To Avoid Telling Your Kids
- Money Jars (for kids to teens) – Explained from Magandang Buhay Show
- How can your Financial Success be the Formula for Failure to your Kids
- How to Spark Up your Child’s Entrepreneurial Spirit
- Money Learning Activities for Kids
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