You cannot become rich overnight unless of course you hit a gold mine next to your backyard. In order to become wealthy, you need to develop certain habits. Ask any one of the leading billionaires in the world and you will find a common pattern to their ways of life. So when you ask school going kids if they want to become rich, they would all say yes. However, if you ask them how to become rich, then they will have no answer to you. Listed below are 15 habits that should be taught to kids so that they can become rich in the future.
1.put a limit on
Limiting your kids to a maximum of one hour to TV, social media and cell phones per day will teach your kids not to lose focus. More often than not, kids will waste their time watching cartoons or spend countless hours on the phone and not dotheir work on time. Limit their time and you will see how they learn to become efficient.
2. Books
Make a habit of reading at least one or two educational books every month. This will give them a vast amount of knowledge about the real world that isn’t taught inside the school walls.
3 Exercise Daily
A key way to keep your mind focused is by exercising. If you develop the habit of exercising at least 20-30 minutes a day, your mind will be fresh and you can concentrate better on your work.
4. Limit junk food
You may think that kids will always want junk food and they shouldn’t be concerned about their food intake at such an early age, but limiting junk food is a must. If you eat in excess of 300 calories a day, then you will feel bloated, lazy and not feel like working hard.
5. Set goals
If you want your kids to be successful in the future then you need to instill the habit of achieving goals early on. Tell your kids to set weekly goals, monthly goals and even a long-term 5-year goals. This keeps your kids on their toes and motivated to achieve them.
6. Volunteer work
Your kids may be young to hold a job, but they can sure help out in different volunteer work. This basically exposes your kids to the working environment and what they are about to face in the future.
7. The value of saving
A successful person knows the value of saving. Similarly, your kids should understand the concept of saving. Try making him or her save at least 25% of their earnings or their gifts
8. Relationship Building
You cannot become wealthy all on your own. You need the support of various people to gain success. For that, you need to have relationship building skill. Start your kids early by making them socialize with friends and family and calling up family members on their birthdays and anniversaries.
9. mistakes are good
You have to teach your kids that mistakes are bound to happen. It isn’t a bad thing, but the idea is to learn from their mistakes. If they can correct their mistakes later on then they will go on to achieve success.
10. Managing money
The most important thing about becoming successful and wealthy is to know how to manage your money. If you have a ton of money but no idea where they are going or their inflow then you will end up in trouble very soon. Teach your kids how to keep track of their money, to make a list of their expenditure and income. Make them earn their rewards rather than demanding them.
11 Time management
Another very important when it comes to becoming wealthy is that all the wealthy people are very punctual. They do everything by the clock and hence they are so successful. Teaching your kids the concept of time management is very crucial.They need to understand that time does not stop for anyone and they need to get things done within their allotted time. Make them time efficient and they will strive for greatness.
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