Kids and Money — July 11, 2008
Welcome to the July 11, 2008 edition of Kids and Money. This is a short one, so I’ll get right to it.
Blog Post of the Week
This post brings up some interesting points about bullying and self-confidence. First off, a lot of emphasis is placed on the bully in a bulling situation. This is exactly what the bully wants, and I daresay, needs. It’s important to teach the bully to behave; it’s equally important to teach the bullied to stand his ground. Bullies are like thieves — they go after easy prey. If your child appears to be weak, the bully will smell the fear.
Bullying, as mentioned in the post, also occurs in the workplace, but often goes undetected, or — worse yet — is completely obvious but chalked up to “Oh, Bob’s just being Bob!” Bullying in the workplace is much more tolerated than on the playground. However, it’s often much more debilitating to the bullied at work than at school. There is much less mobility in the workplace than in school. Plus, there are so few leaders in business (and often it’s the leaders who are the bullies) that something about bullying is never done.
KCLau presents How inflation affects your life? posted at KCLau’s Money Tips, saying, “An article on how inflation can affect your life. Also, I am giving away a book based on a 10-year study of 200,000 managers and employees. It shows you how the best managers use recognition to engage their people, retain talent and accelerate performance. You will get this great book written by Adrian Gostick and Chester Elton – THE CARROT PRINCIPLE.
I’d agree that inflation is eating us alive. It’s the ultimate tax that affects everybody…who buys stuff (which is everybody). Yet our government has sat on the sidelines letting our dollar slide precipitously, our financial markets rot, and our corporations to leave in droves.
Anand presents How to Master Money and Wealth | The Key to Financial Freedom posted at Anand Dhillon . com, saying, “This article details a long-term approach to becoming financially free. Put this into practice and you will reach the point where you will never have to work again unless you choose to.”
This is a great article that highlights and really brings home the idea that you can get ahead by earning more than you spend.
Good summary of options we can use as parents to help our college-bound children pay for a higher education.
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