Meditation, visualisation and positive thoughts will certainly steer us in the right direction but we just won’t get there without putting in the hard slog.
Giving my son a financial education has meant that I have had to up my game more than a hundred. I have always known the basics and luckily have been a saver rather than a spender but not much more than that.
A few years back, the mere mention of words like interest rates, inflation, Mutual Funds, ETF’s and asset classes would have been met with instant mental dismissal and shut-down.
Now three years later, ask me those same questions. Don’t expect the answers of a certified financial planner but get the answers, questions and discussion of a financially aware adult.
A mindset around saving, creating and generosity is what I am trying to develop and nurture in my son.
With this incredibly powerful financial mindset guiding his actions and behaviours, I believe he will have loads more opportunities to be successful as an adult.
WHAT A GIFT TO GIVE HIM.