Something a little different…

I thought I’d send you a tip that’s a little different today. In fact, it’s more about money management than property.

You might know that our money management skills are something that we learn a lot about from the behavior of our parents and other adults around us as we’re growing up.

The problem is that right now we live in an environment of massive debt…

…and I don’t mean the sustainable kind that you accumulate in order to build your property portfolio more quickly.

Many children are learning from adults who are having trouble managing their finances and are picking up their attitudes and habits.

Mary Hunt, the author of ‘Debt Proof Your Kids’ once said “Values are more often caught than taught”.

That’s a really good phrase to keep in mind whenever you’re around children.

Whether they’re you’re own kids or they’re a friend or relatives, think about how you talk about and behave with money.

You’ll be surprised what they’ll pick up. For instance, in a survey of children published in a 2002 issue of “Parenting” only 6% of children DIDN’T think that money can buy happiness and 68% thought they’d be happier if they woke up tomorrow with $10,000.

They’re pretty scary statistics and these ideas about money have to have come from somewhere.

Sure, children pick things up from television, radio, friends, and a lot of other sources…but one of the greatest sources of influence is the adults around them.

Here are a few phrases that you might use in everyday life:

“We can’t afford it”

This reinforces a poverty mentality in children and teaches them to shut their minds to other possibilities.

Instead of using this phrase, give a reason as to why they can’t have what they want right now.

When you take the time to explain things, children learn that buying decisions are not always based purely on money.

 “Someone has to pay the bills”

This may be true but it’s not your children’s fault. We need to remember that we are the ones who have the power to decide whether or not we have children.

When people use this phrase it can invoke guilt, which a child may then relate to money. Many people struggle with this later in life and find themselves having to justify every day purchases to themselves.

 ”I don’t need it, but I really want it”

Using this kind of phrase encourages instant gratification and impulse buying.

It is a good idea to teach children how to evaluate purchases, rather than encouraging them to make buying decisions based solely on the fact that they want something.

It may seem unusual for a real estate course to contain information on teaching children about money, however because I take a holistic approach to the whole process of building wealth, money management and prosperity awareness, I think it is such an important topic that it should be included in my Super Secrets To Real Estate Wealth course .

We’ve always talked about money and investment issues in our family because so many people reach adulthood without having had any sensible financial education. In fact, most young adults start their working lives in debt. This is not a good basis on which to build wealth.

I’d love you to have the resources at hand to teach your children about money matters and thats why my Super Secrets To Real Estate Wealth course contains lots of tips and ideas such as these, to teach your children about managing money and investing. So many people have told me that they have learnt much more through the course than just property investing.

How many other real estate investing courses have you come across which take this same approach?

My guess is none!

That’s because with over 28 years of practical, hands-on real estate investing experience and a grown up family, I can speak from personal experience and an in-depth personal knowledge. I’ve done the hard yards and I know what works and what doesn’t. Most other people teaching real estate investing only present a part of the total picture because they haven’t been around for long enough and don’t know the WHOLE picture.

Some of the students of my course have learnt about business, goal setting, planning and of course teaching their children important money and financial skills. I’m sure you too will enjoy major benefits by owning this valuable course.

It truly is the most comprehensive real estate investing course available in Australia today!

Warm Regards

Hans Jakobi – Your Wealth Coach®
Real Estate Secrets