Money Skills For Kids

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The education system today may be fantastic at teaching our children reading, math and writing skills, but when it comes to teaching them about real world issues like money, it gets a failing grade. Where did you learn about money? Did you have rich parents that taught you everything? Did you read about it? Or did you learn by trial and error in the real world? As a parent, the best gift you can give your child is knowledge about these basic money management strategies

Pay yourself first

Managing money and building a secure financial future is not all about rates of return and investment amounts but more about habits. As soon as your child is old enough, and starts dealing with money, start teaching them one of the core principles of wealth creation, pay yourself first. We all know if we take the route of paying all the bills and then investing what is left over, there never seems to be any left over. So instead, take the alternative approach of paying yourself first. Teach them to get in a habit of setting aside 10% of whatever they earn and put that money aside for long term investing. They are to treat this like any other bill the HAS to be paid. This money can then be invested to start the little miracle of compound interest working for them. By starting them with this habit at a young age, they will continue the habit into their adult lives when they actually have bills, but with the confidence they can actually pay their bills.

Dollar cost averaging

This is another habit strategy to teach your children. As children are entrusted with money, even if it be a small amount from an allowance or money from a part time job, once they start employing the “pay yourself first” they might have income to invest. By setting up a regular amount they invest every month they will start accumulating wealth. There are thousands of mutual funds available and a good financial advisor or your bank can recommend one that matches your child’s risk profile, but by investing a set amount every month, the price will have less impact on their wealth accumulation if they employ dollar cost averaging. When prices go down, as they will at times, you just buy more shares. For example

  • Month 1 Invest $50 Share price $10.00 Buy 5 shares
  • Month 1 Invest $50 Share price $5.00 Buy 10 shares
  • Month 1 Invest $50 Share price $7.50 Buy 6 2/3 shares

Think you lost money? The share price is down 25% from $10 to $7.50? But in actual fact your investment of $150 has grown to $162.50 – 21 2/3 shares X $7.50. You bought more shares when the price was “cheap” at $5.00!

Rule of 72

When making future investing decisions, this little rule will come in handy when making investment decisions. The rule simply states the number of years for money to double is … READ MORE ...


Preparing Your Kid for School

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Preparing her child to the entrance to the infant school is a topic of interest for many parents. This is a year that is said to be pivotal because the child learns to read and write. As a parent, the big responsibility is often very heavy on his shoulders. So to help you live more calmly this time here are some tips.

Resume to school

It is common for children to have staggered hours during the holidays. Also it is important to plan before the school year, an adjustment period where you will sleep your child earlier and earlier in a progressive manner. Also, on day j, it will be returned to school rhythm and be in shape for new learning he has to do.

Defuse the situation

Do not harp on him for all the holidays he will enter the high school. And it’s time over for fun. But you say that this is a year like any other, and what he’s capable as others, to learn all new things, because they’re adapted to their age.

Share your feelings

If you’re feeling particularly stressed out by this autumn, take the time to ask about the reasons for your fears. Try to think back to your own PC and you remember what you felt at that time. If you experience problems getting this back on its own, call a friend or professional who assists in this process. By expressing your emotions, you will avoid projecting concerns about your child that does not belong to him.

Tempt

Tell him what an extraordinary year it will be, a year during which he will learn to read and write. Then discover all the best stories. He can write all the words he knows. It will also be able to write beautiful letters to everyone he loves. Children are usually happy to do this learning.

Arrange a place to work

With the kid entry to school comes homework. Therefore it is important to organize a space where he could study. The best is to install a desk in his room so it is quiet. If it is not possible, make sure that when he’s doing homework, there’s the least possible entertainment, like television or brothers and sisters who are near him.

Encourage autonomy

This is the beginning of a succession of years that your child will have homework to do at home. Knowing that this is a cause of repeated fighting with her child, it is useful to bring it now to work independently to reduce opportunities for conflicts and focus on relaxation, sharing and exchange. In doing so, your child can also derive pleasure and pride to get there by himself. It will then very soon realize that academic success is of value for oneself and not to please each other. For this it is necessary that he had the opportunity to do things by himself as soon as possible. So rather than imposing things all the time, offer the opportunity … READ MORE ...


Coping With the Pressure of Keeping Kids Ahead

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All parents want to see their children get a head start in their life. With more and more knowledge being required to be learned and retained by children in the modern age, the pressures of keeping your child ahead of the game can easily take a toll on the parent and also the child.

As communities become more segregated between selective and public schooling, parent know that from an early age, they must teach their children how to learn and become quick and effective learners. Without the proper advice, this can easily lead to excessive stress on the child without additional or visible benefit. In many modern countries, children are exposed to high number or hours spent under additional tuition, in the hope that this will excel them to the top of their class.

It is important to provide not just an education to them with academic skills, but to also train them with good eye to hand coordination. This should not be just involving computer games and modern methods where they interact only with themselves, but parents should aim to get their children outside and involved in team sports, or activities such as camping. Learning skills which are not usually contained in the school curriculum is an important step in building the child up to lead and analyze situations which at times can only be solved by intuition.

If you child is spending too much time in tuition, and you still do not see any improvement, then rotate them with other methods of learning. There are many online classes which are just as effective when it comes to their speed of progress. Many children are nervous when taught by another individual, and sometimes when they learn under the guidance of an online narrator or presentation where they can rewind and playback the training, this will suit their style much more effectively.

Also remember to assist them as much as possible in areas outside of knowledge intake. Look after their diet by not feeding them unnecessary ingredients such as preservatives, which can be hidden in many foods such as bread. Do not give them too much sugar, as it will cause spikes and troughs to their energy levels. If you expect them to do some study, then do not over feed them as they will become lethargic after a big meal. Instead, it is much better to provide them with steady smaller meals spread throughout the day. This will also allow their minds to take a break and relax every couple of hours.

Children need interaction. And this does not mean interacting with just a PC. If you need to teach them responsibility, then a pet which they maintain is a good way to showing them these skills. A dog can assist the child when they are studying, by helping them to relax and almost forcing them to go for walks, which is important for their overall health and relaxation. This will not only remove the pressures that … READ MORE ...


Homeschooling should be available to every child, because it benefits them in numerous ways. Some view home schooling as too extreme. Others see it as an alternative to public and private education. Homeschooling provides children with a better education than any public or private school ever could. It can be individually customized for each child’s needs. Whether a child has a learning disability or is far ahead of those her age, homeschooling can be tailored to help her achieve success. Homeschooling makes families stronger. Homeschooled children perform better academically than their publicly and privately schooled counterparts. Study after study has shown homeschoolers score higher on standardized tests than those from institutional places of education. Whatever the reasons for the decision to homeschool, the benefits for the child and his family are enormous.

It Is About The Children

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Homeschooling can be individually customized for each child’s needs. In public schools, there has been a push for “mainstreaming” students. What this has really done is to put children with learning disabilities right back into situations for which they are not equipped to deal. If a child has attention problems, the over-crowded and over-stimulating classroom can be a nightmare. Homeschool is the perfect option for him. Not only can the learning environment be tailored for serenity, it affords him freedom that he could never even hope for at public school. Away from the rigidity and noise of the classroom, the child can follow his own schedule. He can practice his spelling words while doing sit-ups. He can recite his multiplication facts as he combs his hair. Imagine what would happen in a class of thirty-five third graders if they all chose to do their assignments not sitting quietly at tables or at their desks.

If a child is considered “gifted” in any way, the same problems can occur. If public education maintains that all children should participate in their studies as large groups and not as individuals, then there is no room for exceptional children. If a bright child is forced to conform to the learning needs of the majority, they will not reach their own potential. Often they will finish their work well ahead of the other students and due to boredom, become disruptive and then are labeled “troublemakers.” Homeschooling is perfect for these children. For a child who likes to be challenged, a customized setting allows them more positive learning experiences.

Homeschooling makes families stronger. Many people comment on the negative changes that have come about in our society. Crime rates have risen. Some say that this country’s citizens do not seem to care about each other as much as they did in ages past. With the advent of the computer age, this is quickly becoming a society that avoids personal interactions. This is the perfect time to get back to strengthening the most important of all relationships. Whatever an individual’s personal opinion is on the state of the nation, there is usually one point where most come together: The relationship between a child … READ MORE ...


How Study Methods Differ From Person To Person

Not everyone studies best in the same way. There are various different ways of studying, but people often find that they only learn a couple of ways to study at school. You don’t have to rely on school to teach you how to study. In fact, it might be best for you if you get to explore different study methods on your own. You can explore various types of study in your own time to see what works best for you. Everyone has a different learning style, and you might find that you’re more of a visual or aural learner, rather than someone who can study through plain reading and writing. Different personality types can find different study methods more effective.

Extroversion

If you’re an extrovert, you enjoy being around other people and tend to be comfortable in groups. That’s not to say you don’t like being alone, but you get your energy from being with others. Extroverts can benefit from study methods such as finding study partners who you get along with. Try to put a little extra attention into what you’re doing, and avoid rushing ahead.

Introversion

Introverts often find that they’re better off studying alone. Even though you enjoy time with others, you can find it a lot easier to study when left to your own devices. Introverts are often great at planning and analyzing, so use these strengths to your advantage. Making lists and schedules, thinking carefully about matters and taking thorough notes can help you to study effectively.

How Study Methods Differ From Person To Person

Sensing

If you’re a sensing personality, you connect with the world through your senses. Being very observant can be an advantage for you, and you may also be a very visual and hands-on learner. That means that using methods like flashcards, diagrams and hands-on activities can help you to study effectively. You might find Cornell note taking useful; take notes in lectures in one column and ask yourself questions based on your notes in another column.

Intuition

Intuitive personality types want to know the why of everything, from why the sky is blue to why people play USA lotteries every day. Your study methods might include studying in short blocks of no more than 45 minutes so you can use your energy productively. If you get bored with lots of small details, try looking for bigger connections between the things you’re studying.

Thinking

People who are thinking types prefer to focus on logic than emotions or intuition. This can often be an advantage for you when you’re studying, particularly in scientific or fact-based subjects. However, there are times when you might need to push yourself to think outside of your comfort zone sometimes to be more creative or empathetic.

Feeler

On the other hand, feeling personality types might have the opposite problem. If you make decisions based on your emotions, it can become an issue if you’re writing an essay or presenting a paper. Even though you might be bored by statistics and facts, it’s important to … READ MORE ...


How to Study Physics Effectively - 1

Although the main purpose of education is to train people to think clearly about problems in life, most students do not give enough thought about finding the best way to carry out this chief activity – studying. The purpose of this article is to impart students with best ways to study physics effectively. Physics is described as the science of “why things work.” It deals with concepts such as heat, sound, light. Learning physics isn’t a walk in the park, it takes hard work. The points listed here will tell you how to work through the process of studying effectively but it cannot tell you shortcuts because there are none. Every suggestion listed here has been of use to someone. Remember, no two students study the same way, try out the different schemes listed here and develop a system that is most suited to you.

Read the topic before the lecture

It is better not to come across a topic for the time in class. Read the upcoming topic the day before it is covered in the class. Read the fundamentals and try not to get fixated on the mathematics of concepts. Doing so will build a strong foundation of the topic upon which you can apply the mathematical skills that will be taught in the class the next day.

Pesky Laws and Equations

Physics is a subject that is rich in laws, equations, and formulas. Don’t just memorize these laws and formula, rather, work through its derivations. Once you learn the laws and equations at this level, memorization comes easily. Employ this method and try studying a few important laws in physics such as the zeroth law of thermodynamics, Newton’s laws of motion and see the difference for yourself.

How to Study Physics Effectively

When you study, really study!

While studying, much of your time is lost in slipshod thinking, loafing around, daydreaming and following the blind alleys of thought. Probably, you have experienced times when your process of learning was rapid and easy. Try figuring out how this happened and duplicate the occurrence. While studying, keep your personal worries aside. If you have personal worries, get help and get it sorted.

These were a few tips to help you study physics effectively Above all, keep trying. Lastly, remember that everybody studies in different ways at different speeds and you don’t have to beat yourself up if your friend covers the syllabus faster than you. There are lots of interesting and engaging content at BYJU’S that can make you curious. You can subscribe to BYJU’S YouTube channel to learn about the different concepts in Physics like amplitude modulation, quantum mechanics and many more. You can also have a glimpse of how BYJU’S app is changing the way students learn.

 

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