Saturday, November 30, 2013

Financial aptitude

We often hear people complaining that the young today do not know what is hardship and therefore do not appreciate the value of money.  To a great extent, it is true.  Hence it is important for our teens and tweens to be financially literate.

The school only teaches mathematics but does not focus on financial aptitude.  The end result?  They will end up like most of us who will work hard all our lives for money and never know how to let the money work for us.  Furthermore gone are the days of pension schemes.  Job security is almost non existent.

Something of sharing.

Emotional quotient

What is emotional quotient?

Simply put, EQ is the ability to manage oneself and others.  In this Internet age, nearly everything is just a click away.  The huge challenge is to teach our young about the value of delayed gratification and exercising self control.  EQ deals with both intrapersonal and interpersonal skills.  For example, a teenager may have a creative idea within him but lack the self confidence to express himself or not know how to communicate in a succinct manner.  This will impede his ability to succeed and will minimise instead of maximising his potential.

Something for sharing.