We read about them in the newspaper and watch them on television
every day: people who have the creativity to develop an idea, the
confidence to take the risks, and the tenacity to turn the idea into a
successful business. Many parents hope that one day their own child will
enjoy the level of success that is attainable through entrepreneurship -
not only the potential financial rewards, but also in terms of personal
development and fulfillment. Here are six tips to help steer your child
down the road to entrepreneurism.
IN PICTURES: 6 Millionaire Traits That You Can Adopt
- Teach Kids about Money
By teaching your child about money, you help them discover the relationships between earning, spending and saving. In doing this, children also begin to understand the value of money. This financial literacy can begin at a young age with simple money concepts like counting coins and making change for purchases. Older children can learn about savings accounts, balancing a check book and creating a personal budget. The key is to teach a concept and let them try, even if it means a little extra time in the grocery store while a youngster painstakingly counts out coins from the piggy bank. (For more tips, check out 5 Money Skills To Teach Your Kids.)
To read the full, original article click on this link: 6 Tips For Turning Your Kid Into A Entrepreneur
Author: Jean Folger
