Articles & News About Money & Coin Collecting

Teach Your Child About Money

What are we teaching our children about money? Hopefully something!

I remember when I was growing up, our family did not discuss money. Money was a taboo subject, discussed by the parents and handled by the father.

This is one thing that I wish that was discussed more openly when I was younger. Just a little guidance such as "save 10% of your income" and I would have been fine!

How I wish I could turn back the clocks of time. How I wish I was encouraged to save even 1% of my income. When I look back at the year I started working until this year 2003, I'm not saying I would be a millionaire but I certainly would have been much better off!

Now a grown woman I have acknowledged and accepted the past and moved on to a great future. My bank account is increasing each year, I am currently purchasing rental properties and I am feeling incredible being and doing what I love-a Prosperity Coach!

Now I don't necessarily encourage parents to show the kids your mortgage statements but I think it is vital that children know that (while the subject of money may be a tad embarrassing for some parents) it IS a necessary part of life. As you start teaching your child, start slow and encourage them to believe in themselves and their future.

Here are some tips to help your child attain prosperity even at a young age:

1. Buy a piggy bank for your younger children. Allow them to choose whatever color shape or size they desire. Invite them to put their pennies into their piggy bank. Once in a while they may count their pennies and reward themselves if they desire.

2. When your children have proved themselves to handling their pennies, take them to open their own bank accounts. Encourage them to save at least 10% of what they receive as gifts (I know I used to receive money as gifts when I was young!  )

3. Your child should be encouraged to donate or contribute another 10% of their savings. Donate to the church, to the homeless, to the depressed, or to a charity of their choice. This would help the youth become more rounded, become more respectful of others regardless of the situation and become more appreciative of their own lives and their own prosperity.

4. Many young children think that "money grows on trees". I applaud this abundance in them (although they may not know that the Universe is in fact limitless) and think we should encourage and nurture this... to some extent!

5. Talk to the kids and let them know that this paper and metal stuff called money is brought about by YOU working. Whether or not you work or you have inherited a large fortune, don't encourage laziness in your child. They need to be able to work for free sometimes to learn the value of hard work.

6. Money101 is not taught in schools. Where your child's future is heading depends on what you want your child to know. Prepare your child for their future.

7. When your child is old enough encourage your child to purchase a journal or a diary where they can record their dreams and desires. This allows them to dream big and look forward to their lives ahead-filled with prosperity.

8. If they can manage and understand the budgeting process I'm all for it. When grandma gives them money for their birthday, after they have put aside 10% each for savings and for donation to a charity, allow them to budget for the remainder.

9. I'm sure there are loads of chores around the house, washing the dishes, cleaning the rooms, etc. Give your children an allowance but let them work for it.

10. Let the kids participate in the family's money decisions. They may not understand everything but their minds will open up to the energy that money has and will prepare them for their lives ahead.

The kids are our future. I know it may sound a little cliché but the fact is... they are. If you truly interested in your child's future prepare them and trust that the process will work and they will be A-okay! I guarantee it!

About The Author

Sandra Baptist works with persons who desire to attract, enhance and increase a more prosperous life. She empowers brilliant highly motivated men and women to transform their negative beliefs about money so as to attract more wealth, more success and more prosperity into their lives. For free consultations contact her at tel: 1-800-666-4754 or at http://www.EliteCoachingGroup.com

Sandra@EliteCoachingGroup.com

Other Article Sites

findabook.com  moneycd.info  a-mortgage.info   about-lemon-laws.info  aboutstudentloans.info
all-about-publishing.info  auctions-articles.info  bestcollege-university.com  bestispconnection.com
biblefolder.com  blogger-website.com  books-used.info  brokers-guide.info  buywindows.info  cable-dsl.info
career-miner.com  carpel-tunnel.info  cashinaflash.info  cashloanreviews.info  casinobell.com  chat-house.info
clearmycredit.info  collegeloantips.info  crones.info  depression-articles.info   dirnic.net  dishguides.info
divers-below.com  expodog.info   financewizz.com  fire-insurance.info  getgood.info  handleit.net   it-idea.info
health-supplies.info  hosting-right.com  insidealert.com  insurance-facts.info  jobs-employment.info
justgood.info  lookgold.net   lowcost-travel.info  money-source.info  myhostzone.info  numisblog.com
peoplesearchfinder.info  pr-articles.info  realeas.com   refinancing-guides.info  spyware-remove.info
telelot.info  the-law.info   toppaid.info  travel-deals.info  travelcorrect.com  wedding-guide-site.com
your-blog.info  your-credit.info

Coin Collecting At FindaBook.com
Search For Books On Coin Collecting

Historical Silver Dollar Value Trends Reveal Coins Destined for Bullish Futures
Analysis of U.S. Peace silver dollars (minted 1921-1935) indicate only a few dates of this artistically acclaimed coin series are good bets to enjoy strong price advancements in the future. This conclusion is based on proven performance over a period of many years.

Old Coin Value - What's Important
Thank you for being interested in our work. We hope to be of service with the following guidelines. Everything you have as probably some sort of value attached to it. Sometimes this value is founded on how you feel about a certain item, while other items are given values assigned by others. The same applies to old coins and other coins in you collection. While professional coin dealers or expert coin collectors will know the old coin value for various coins, we may have no idea about this. This is the main reason why you should acquire as much knowledge as you can about evaluating old coin value and what their price is. The knowledge you will gain is priceless. You will be able to get a ruff idea about what you can expect to get from the...

Hammered Coins of England is Increasing in Popularity as a Medium and Marketplace for Collectors of Old Hammered Coins
Hammeredcoinsofengland.com -- the website of the company which buys and sells old hammered coins -- is rapidly increasing in traffic as collectors visit their website to read their articles on hammered coins, buy and sell, as well as evaluate and give opinions on coins.

Leading Coin Supply Company "Wizard Coin Supply" Launches Book Advisory
Wizard Coin Supply, a global provider of coin supplies and coin collecting accessories, is proud to announce the launch of its New Book Advisory.

Challenge Coins - A Special Type of Coins
For your convenience we have published this article in order to let you know of everything related to the Challenge Coins. Enjoy ?

Canadian Coin Prices - Evaluate Your Coins
I trust that you will take a few moments to read this article. If this is the case then lets get started.

American Eagle Gold Coins: Why These Gold Bullion Coins Are a Worthy Investment
There's never been a better time to buy American Eagle Gold Coins An economic recession is almost assured

Buying Coins at Local Estate Sales: A Shopping Guide For Collectors of Estate Sale Coins
What Is An Estate Sale An estate sale is generally a liquidation of physical assets from a home

Buy Silver Coins With Confidence: A Guide To Selecting Reputable Silver Bullion Dealers
With the price of silver exploding in recent years, there seems to be no lack of silver bullion dealers advertising their services online Trying to find a reputable dealer can be a bit confusing for the novice silver coins investor

Coin Collecting: Tips On Quarter Collecting
Anyone and everyone could make collecting coins one?s hobby. However it is believed that at present 106 million Americans are into the hobby of collecting quarters. Collecting quarters involves men, women, and children of all ages.

Coin Collecting Supply Company "Wizard Coin Supply" Launches New Website
New site will provide a comprehensive catalog of coin collecting supplies and educational resources for coin collectors.

Hammered Gold and Hammered Silver Coins: Evaluating Their Price
When it comes to evaluating the price of hammered coins it is much more challenging than it is for other items that are still manufactured today. That is why both buyers and sellers have to be extra vigilant in ensuring that they buy and sell for a fair price. If you are considering selling or buying hammered coins, make sure that you seek professional advice before doing so and that you do not simply jump in at the first offer.

Gold Coins and Gold Bullion Remain a Safe Place For Your Money
The Bull and The Bear are continuing to bang heads Wall Street and even Main Street USA, and I am sure even your street is in shambles

Collecting Rare Old Coins
---------- Getting your coin collection on the go isnt as tricky as you might consider and there are a quantity of avenues you can follow. Almost all of it depends nevertheless on why you desire to become a coin collector. If youre doing it just as a peaceful pastime then you have no problem and can get started pretty much off the bat.