7 valuable money lessons you can learn from your kids

Be bold and fearless in making investment decisions. Adopt that side hustle you’ve always wanted. Trust your instincts when you make financial or investment decisions.

Honestly, where would we be without our parents? In fact, we wouldn’t be who we are today without them. So, cheers to every parent out there, whether you’re a single mom, single dad, or a full-fledged family, we honor and appreciate everything you do.

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From teaching kids to put on their pants to telling them why biting the cat’s tail is a bad idea, parents constantly impart knowledge to their kids. But, as teachers, parents can get so busy educating children to navigate the world that they often forget to learn from kids as well.

Here are 7 lessons you can learn from your kids.

To be fearless 

Children jump, climb and tumble. They taste and try without being hesitant. They run headlong into experiences. It’s a good reminder to parents that being bold and daring makes for the best memories and interesting life.

The same goes with your finances, make bold investment decisions, take a bold step to adopt that side hustle you’ve always wanted. Head straight on to those financial goals you’ve wanted to achieve, knock yourselves off and do what it takes. You might just end up enjoying all the extra money that comes in. 

To trust your gut

We come to this world with this “inner knowing”, “intuition”, “instincts”, or as most would say, “gut feeling”. Children pay attention and are known to trust the “knowing” feeling inside them. They are observant and know better than most when to pull back on circumstances.

Parenting comes with this skill, there’s just something on the inside of you that tells you when your child needs attention. Similarly, when you make financial decisions or investment decisions, channel those parental instincts to know what works for you and where you need to be investing consistently to earn a profit.

To be carefree

Children are unstoppable. They don’t fall for self-imposed mental boundaries. Instead, they stay and live in the moment when they feel joy. Living in the moment is a different kind of enjoyable. So don’t get carried away by the rigid “American Dream” of big houses, fancy cars, so much so that you forget to create memories in the present. Sometimes just choose to spend your money on experiences rather than McMansions and Mercedes.

To express freely

Children scream when they’re mad. Squeal when they’re happy. Wail when they’re sad. As parents, it’s good to remember that your soul should let it out rather than keep it bottled in.

When it comes to investing your money, “go long and get loud,” or “go short and get shrill.” Adopt these tactics to take on your positions in stock investments, then do your thing in spreading the word and persuading others to follow along.

To be imaginative

Children are imaginative that there’s no limit to the number of questions they can ask you. They peek into cupboards, and push buttons and do all sorts of things to answer their curiosity. As an adult, it is important to remember that being inquisitive is how we learn. And there is always more to learn.

Before you choose an investment, understand the nuances and the risks involved. The world has plenty of information. Pick your brain to ask the right questions and get hunting on finding those answers.

To believe in yourself

Whether a firefighter, the president, a space cowboy. Children believe they can be anything because they don’t mentally limit themselves. Their dreams are not dictated by their perceived flaws but rather by their interests and passions.

If you’re hesitant about embracing that side hustle, or creating a tutoring business or freelancing on the weekends, or start a blog and sell handmade items on Etsy to create another income revenue for yourself, remember to believe in yourself. If you don’t, nobody else will. It starts with you!

To be passionate

A craft, a car, a robot, or a dollhouse can keep a child entertained and busy for hours, sometimes even days. Children discover and embrace new activities with love and excitement. They put their whole selves into the endeavor. Remember to not temper down your passion but rather embrace it—it’s how greatness is achieved.

It’s National Parents Day. Honestly, where would we be without our parents? Truth be told, we wouldn’t be who we are today without them.

So, cheers to every parent out there, whether you’re a single mom, single dad, or a full-fledged family, we honor and appreciate everything you do.

From teaching kids to put on their pants to telling them why biting the cat’s tail is a bad idea, parents constantly impart knowledge to their kids. But, as teachers, parents can get so busy educating children to navigate the world that they often forget to learn from the kids as well.

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This page is purely informational. Line does not provide financial, legal or accounting advice. This article has been prepared for informational purposes only. It is not intended to provide financial, legal or accounting advice and should not be relied on for the same. Please consult your own financial, legal and accounting advisors before engaging in any transactions.

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