Last week I had the privilege of meeting with David Sweet with North Shore Weekend. In case you missed it, here is the result:
A recent British study found that “most children of seven knew how to recognize the value of money and to count it out, understand that money can be exchanged for goods, as well as what it meant to earn money and have an income. They could also plan ahead with money and delay a decision until later, and they understand that some choices are irreversible.” It also found that “early experiences provided by parents, caregivers and teachers which support children in learning how to plan ahead, in being reflective in their thinking and in being able to regulate their emotions, can make a huge difference in promoting beneficial financial behavior.”
Told ya so!
“Money Habits are ‘Formed by Age 7′” – The Telegraph
April is an odd month to write about giving gifts. Usually, I reserve this topic for the holiday marathon we all go through in the fourth quarter each year. But the reality is that we give gifts all year–birthdays, anniversaries, milestone achievements and of course, the many “other” holidays we are called upon to memorialize with a gift. (Note to my dear daughters: Mother’s Day is right around the corner.)
Our first impulse on any of those occasions is to head to the store to buy something, wrap it and proudly deliver it to the person of honor. Maybe it’s time to think about gift giving differently. Would you rather have another sweater, gift card or tchotchke? Or some uninterrupted quality time to spend with the people you care about?
I began to ponder this during a recent mega gift-giving moment in the life of my own family: The celebration of my father-in-law’s 90th birthday. Continue reading
In The Media
