Financial education: What is wrong about allowance system I have been restraining myself from criticizing the regular cash allowance system for kids for a long time. Seven out of ten parents in the USA provide their kids with allowance, where fifty-seven percent of American adults received an allowance…
Teaching your child about entrepreneurship Sense of initiative and entrepreneurship is one of the key competencies for lifelong learning. Any experience of running their own business will help your children practice what they learnt at school and develop new skills, such as creativity and communication. They…
Teaching your child about entrepreneurship Sense of initiative and entrepreneurship is one of the key competencies for lifelong learning. Any experience of running their own business will help your children practice what they learnt at school and develop new skills, such as creativity and communication. They…
Financial education: talk business not saving Instead of teaching your child to save, talk to them about business. The educational system and society overall are beginning to realize that financial education is important. According to the OECD, “Financial education can help enhance financial literacy by increasing…
The Harm Of Your “Wants” We children are used to that parents buy everything we want. And today we`ll discuss this problem, that not many realize. Most children on earth want something to be bought by their parents. Even you, dear readers once wanted something…
Talking about trade Trade is when you buy and sell goods and services. It can happen anytime. If any country wants goods from a different country they will trade. The process starts here. First, they manufacture goods and check their quality in factories.…
Goods from all over the world Have you ever thought about which goods surround you? Or from where most of things come from? Well if you haven`t, not to worry. Settle down comfortable in your armchair and listen carefully to what is going on in the…
Life Without Money Life without Money Have you ever thought about what would life be if there was no money? And why do you think money was invented? Well, money is a mean of exchange. Which means if we don’t have money people…
How much money should you have in the bank in order to play video games all day? “Why do we need to go to school, get an education and go to work? We just put our money in the bank, play videogames for a year and get free money.” – This was the question one of my…
Dear owners of Dan and Mike Ice-creams and Sorbets On the 7th of Novembre, 2017 I wrote a letter to the owners of “Dan and Mike Ice-creams and Sorbets”. It said the following: Hi Dan and Mike, I watched the video of you and your product with the Dragons,…