doing fifo financially smart

ACORN LIFE PATH

7 GLADALAN WAY, PIARA WATERS WA , 6112
P: 1300 309 012 M: 0459 111 890
Ruth@AcornLifePath.com.au
www.acornlifepath.com.au
  • Take Charge of Your Child's Financial Future
  • Contact

An amazing journey starts when you take on the role as a parents, your children are witnessing first hand the blood, sweat and tears it takes to create and maintain family life. But what you may not realise is, they are absorbing everything you are doing like a sponge and this will have an immense influence on how they will model their future.

Your child’s early habits will come from copying the behaviour of people they interact with on a daily basis, this is you and your immediate family and potentially close family friends. What they will also be influenced by is your level of financial literacy.

Research shows that wealthy parents tend to pass on their wealth habits to their children, while parents who struggle financially usually have children modelling a similar behaviour. What you are doing now with your money your children will be watching, learning and absorbing.

It is vital that you are able to lead by example and develop a positive relationship with money. If up to this point you haven’t had the best relationship with money or haven’t had the chance to talk to your children about money, that is okay! The good news is that there is an awesome eBook for you to teach your children what it takes to be financially independent and safeguard your child’s financial future. You can purchase your very own copy of this newly released eBook called “Smart Kids, A Parent’s Guide to Raising Financially Healthy Children” written by the team of financial educators at Acorn Life Path.

The Smart Kids eBook is a step by step guide showing you how to introduce vital financial concepts right from day one through to young adults. You may be already giving your children pocket money and think you have all basis covered, but did you know that you can learn how this will cost you nothing? True financial independence is more than just learning about pocket money. Below are some of the financial concepts covered in this awesome read:

  1. How to develop your own positive relationship with money
  2. Understand how to Pay Yourself First and why this is important
  3. Understand the different types of children’s bank accounts
  4. Introduce age appropriate financial lessons for toddlers through to young adults
  5. Set and achieve savings goals
  6. Chores, how to set them and keep your children motivated to do them
  7. What it takes to raise a budding entrepreneur
  8. Ensure your children develop a cost of living awareness
  9. Everything you need to know about your teen’s first job
  10. What is a debt? What is credit? How to ensure your child doesn’t get financially trapped when they leave home.

The list of inclusions in this easy to read and humourous eBook goes on. In total there are eighteen financial lessons to help your child become financially aware from a young age.

The benefits of raising financially aware children are priceless and include:

  • understanding money needs to be earned, not given – instils a strong work ethic
  • understanding about saving to buy rather than borrowing money you haven’t earned
  • reducing the likelihood of them treating you like an ATM
  • reducing the likelihood of having to bail your child out of debt later in life
  • increasing the likelihood of your child becoming financially secure and at a younger age and most importantly showing how they can afford to look after you later in life!

As you know raising a family and being parents is not easy and my hat is off to you wonderful mums and dads doing everything you can to help provide for your family. We all need shortcuts to simplify our lifestyles and this Smart Kids eBook is everything you need to help you raise financially healthy children.

To purchase your copy today for just $15 Click here http://www.acornlifepath.com.au/smart-kids-parents-guide-raising-financially-healthy-children/

Smart Kids, A Parent’s Guide to Raising Financially Healthy Children has been recently reviewed by www.ReadersFavorite.com and awarded a 5 star review!

Smart Kids, A Parent's Guide to Raising Financially Healthy Children

Review written by Madhavan for Readers’ Favorite

Smart Kids: A Parent’s Guide to Raising Financial Healthy Children by Acorn Life Path is a useful tool to all parents wanting to raise a child who is aware of the cost of living and who will also become an economically responsible adult. Financially aware children contribute in a healthy way to society and it also instills a strong working ethic. The author tells parents to be role models to their kids as most kids tend to copy the behavior of their parents. So it’s very important to set a good example to them when it comes to finances. The book has excellent tips and techniques on how to contribute to a bright financial future for kids while growing up.

Readers can relate well to the author’s suggestions and they are simple to incorporate into one’s daily life. Negative views on money should not be passed on to kids, hence it’s important to watch our words on the topic of money while speaking to kids. The author also advises readers to first educate themselves before they can teach their kids proper investment strategies and kills. The color pictures complement the concepts. It’s a good guide for everyone who wants to help their children prioritize their spending and set financial goals. I found the book extremely useful and the author also speaks about bank accounts and opening a long term savings account for kids.

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Written By ACORN LIFE PATH

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