Women are one of the most critical business drivers in today's global economy. They represent half of all international business graduates, comprise a large part of the work-force, and formulate 1/3rd of the total percentage of entrepreneurs worldwide.
Today, we are proud to see women who have committed to diversified roles in all professions worldwide. Their ability to be efficient managers has pushed them to explore new paths and reach new heights.
At the same time, however, women are not as financially literate as their male counterparts. They are often under the impression that financial matters are better-taken care of by men or that they have to rely on a family member for financial management support.
Independent research conducted to look at women's financial literacy projected that women were more likely to fail at a financial literacy quiz than their male peers. The data suggests the low ability of women to decipher the terms involving in-depth financial...
Have you ever asked your kids where do they think Money come from?
Believe it or not, your kids start to make financial decisions at a very early year, even 3 years old.
If you are not sure about this, ask yourself, who chose the cereal and juices in the Household? Where do they choose to buy it? At the grocery store, right? They are pointing out what they want.
Most kids don’t understand where the money is coming from, but they assume that all they need to do is ask and it is given.
If you want your kids to learn the correct concepts about money from a very early age, then they need to be clear about where the money is coming from.
You can also give them tasks so they understand that money is an exchange of value.
Teaching them to have their own business at an early age will also teach them the path of entrepreneurship.
Have them read kids books about money.
When you start teaching your kids numbers and how to count, instead of paper or marbles, teach...
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