There is a Malay proverb that says, “Melentur buloh, biarlah dari rebungnya”…
Translation: “If you want to carve bamboo, carve it from its base”
I firmly believe that, if you want to teach your child something GOOD… you better teach them when they are still YOUNG….this is BECAUSE, when you teach them when they are still young, they will LIVE TO REMEMBER!!! 🙂
One of the things, that, parents NEED to share with your child is, the HABIT OF SAVINGS…
I remember, when I was in primary school, I have this big, big transparent savings tin in my room. My mother gave me $0.50 of pocket money each day, and I will diligently put in $0.10 every day. (that’s 20% savings)
I continue, to do so until it become a habit. A habit which I continue to practice till today…. 🙂
Another habit, which parents need to preach to their child (notice, I use the word preach) is BUY only when you can AFFORD. I realised, while doing fact finding with clients in roadshows, that many youngsters today having credit card debts.
That is not healthy and never it will be healthy….@ 2% interest per month, 24% interest per year…The interest is simply too much… 🙁
Inculcating that habit of “BUY only when you can AFFORD” is extremely crucial…
Okay…Now, you may be telling me….”Helmi, we already know the importance of savings blablabla…….So, what is the best methodology to teach OUR children these good MONEY values….???”
Simple…..Its by preaching….You do it, and they follow.
If you want your child to love reading, you too need to love reading books. You need to show them, prove to them with your actions that you LOVE reading books.
If you want your child to love to eat vegetable, you too need to show your child that you LOVE to eat vegetables. You need to show them, prove to them with your actions that you LOVE eating vegetables.
If you want your child to love to SAVE money and not spend lavishly, you too need to show your child that you LOVE to SAVE money and not spend lavishly. You need to show them, prove to them with your actions that you LOVE to save money and not spend lavishly.
So remember…The way to share with your children GOOD money values is by “preaching” and not by “teaching”….
Show them, lead them as an exemplary model. When you teach, you may be doing the exact opposite. (Example, you watch TV while your child is busy studying)
BUT when you preach, you walk your talk and substantiate your beliefs with actions. Actions speak louder than words.
All the great successful people on earth are great “preachers” and not “teachers”..
Example, Prophet Muhammad SAW, Mahatma Gandhi, Barack Obama…..
So remember….Preach your child of good money values, and they will heed your advice!!! 🙂
p.s. By the way, if you wish to discover a simple & halal way to create a positive monthly cashflow and calculate your net worth for FREE, then please click here…
- My Quitting Story – Why I Left My Old Agency For The “Greater Good” - May 27, 2024
- Islamic Financial Consultant, Helmi Hakim is back…. - February 7, 2023
- 5 Secret Ways To Make You Feel Better When Handling Challenges In Your Life - May 22, 2021
This post was written by:
- My Quitting Story – Why I Left My Old Agency For The “Greater Good” – May 27, 2024
- Islamic Financial Consultant, Helmi Hakim is back…. – February 7, 2023
- 5 Secret Ways To Make You Feel Better When Handling Challenges In Your Life – May 22, 2021