By Terry Mazzer
"Tell me and I will forget ... Show me and I may remember, INVOLVE me and I will learn and understand =>>> Let's look at why the playing of financial board games can make a huge impact on your child's future.
1) Games reveal a lot about a person's behaviour.
As you watch and listen to your kids, others playing the game and yourself as well, do they/you...
- Take losing well or are they a sore loser?
- Boast about winning?
- Cheat to win or to gain an advantage?
- Bend the rules?
- Argue over small details?
- Have a game plan or just react to situations?
- Have to have it all NOW and can't delay their gratification?
Plato said, "You can learn more about a person in an hour of play than a year of conversation."
2) Financial Games create a safe environment...risk taking is encouraged.
Some kids know that it is better when you don't 'have a go' because they could set themselves up for failure. When they play financial board games, they are able to take risks and not be penalised too much.
3) Financial Games give you feedback about how you are playing.
You and I know that, when we make a mistake in a game, we quickly try to correct it. I remember my brothers and parents letting me know and they would suggest what to do. Does that sound familiar to you?
Parents, these games also give you the chance to comment on your kids' behaviours.
4) Financial games increase the learning process of your children.
When our kids are playing these games, they are using many different learning processes...talking, listening, watching, reading, critical thinking and moving. They are also learning to work smarter, not harder.
Isn't that what we want to do with our money? Have it work SMARTER, not harder?
Losing and making money are a critical part of the real world. By being involved, our kids' learning is accelerated and stimulated.
5) Financial games teach our kids valuable financial skills while they are having fun.
When our kids get money, they get control over their financial future. Financial games teach our kids about the importance of paying themselves first. They learn the importance of buying assets and keeping their expenses low.
This will increase their passive income and so they eventually become financially free.
Here's what I invite you to do now:
- Turn off the TV, the computer, the Xbox and start playing financial games. Your family will have valuable interaction time together.
- Buy some financial intelligence board games, such as Monopoly, Cashflow for Kids or Cashflow 101.Have some fun!
- Play the games as often as possible. Repetition reinforces the concepts presented. The sooner you start, the easier it will be for your kids.Let's make it a habit.
Can you see that this means your children are intently watching and learning, consciously and subconsciously, from what you DO with money, what you SAY about money and from the EXPERIENCES you're providing them with regard to money? Give them the opportunity to live an abundant, successful and happy life.
Here's What I Want You To Do Now - Claim your instant FREE access to a MP3 recording of one of my teleseminars by going to http://www.SecretsToRaisingSmartRichKids.com - you'll get practical tips and valuable information about this critical topic and you can ask me your most burning question about 'Raising a Smart Rich Kid'.
P.S. By the way, do you know someone else who would benefit from this article? Please send them the link to it......and you can, can you not?
From Terry Mazzer - The Raising Smart Rich Kids' Mentor - "Work SMARTER, not harder"
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