Personal Finance
How To Raise A Financially Confident Kid
By ValueChampion  •  June 25, 2021
When we value ourselves and have a positive self-esteem, we naturally feel confident in our ability to achieve the bigger things in life. The same goes for children. When kids have a positive self-image, it influences their attitude, energy level, and even their response to peer pressure. Unlike children with lower self-esteem who second guess their decisions, those with higher self-worth are more driven to try their best and achieve what they want, despite external setbacks. Having confidence at a younger age also impacts your child's ability to approach problems more rationally. To nurture financial independence in your children, consider using these real-life ways to build your child's financial confidence. Let Kids Make Their Own Money Choices According to psychotherapist and author, Amy Morin, one mistake that parents commonly commit is to let their child escape responsibility. You may think that letting your little ones make their own decisions and...
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By ValueChampion
We distill sprawling marketplaces—for insurance, credit cards, bank accounts, and more—down to choices that represent a sweet spot for value—as in offering the features, returns, or experience we think you need for the smallest outlay. We ask: Is the return on a particular purchase or decision worth the cost or risk of that option, and how does the choice stack up against other options?
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