I had the opportunity to meet the author Daphne as she launched her book in Singapore. I read her book and was moved by how she turned her heartbreaking event of supporting her terminally ill child and the financial roller coaster that she endured through those times of economic crisis. It is amazing that she's turned her life around in 2 years and is now financially free in the worst economic downturn most people are experiencing.
I had the fortune of attending one of her workshops soon after reading the book and brought my wife and 5 year son. Initially I was skeptical that I could teach a hyperactive 5 year old boy who could barely count, never mind adding and subtracting , to understand concept of money and its value.
It was interesting as Daphne explained the concept with easy stories and examples for the kids to grasp idea of money as a game. In fact, the boardgame she developed helped to expose the kids to the concept of saving, spending and even investing very quickly. The great thing is that it is grounded in daily activities that a parent can take home and link with the kids own real life activities.
It took us a while (2 weeks) to get ourselves and our son on a new paradigm as Daphne suggested. That the kid is now empowered to make his own decision on his money. It was interesting when we went to the toy store and instead of constant battle of "I want this" and "No you can't", we turned it around to say "You can choose to buy anything you want with the funds you have. And we will help you accumulate those funds (stickers). You have the power to choose. So choose wisely". It was funny as we repeated a few times and kept showing him the system of how he now had his own fund that he control and a system that he can earn his own.
The benefit of the system after 1 month?
We managed to get him to do certain activities like homework, reading on a more regular and voluntary basis.
He appreciates the value of the stickers (which we tie a certain value to each) that he has earned to enable him to get his own dream toy.
He doesn't just demand for toys willy nilly each time we go out (he does, but now he pauses when he know what we are going to say and then thinks about how many stickers he'd give up for that one instead of the original toy he's been working for). It's like any of us adults who get so easily distracted with bright shiny objects.
It's funny when he remarked at a party the other day when another kid was demanding to buy a toy when passing a toy vendor cart and he was also similarly attracted but we said "Remember you have a choice and what you have in your bank".
His remark after a pause , "Oh yeah, I don't really need this one and i have almost my 15 stickers for my toy.". Then he told the other kid "Do you have enough stickers to get your toy? You need to earn enough stickers to get what you want you know?". I couldn't help but smile. It is starting to work.
- 语种： 英语
- ISBN: 1432749900
- 条形码: 0884624632492
- 商品尺寸: 15.6 x 0.8 x 23.4 cm
- 商品重量: 218 g
- ASIN: 1432749900
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