6 Things Your Kids Need More Than Money

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Welcome back, Money Mentors!

Did you know 78% of millionaires still feel unfulfilled? Crazy, right? Turns out, a fat bank account doesn't guarantee happiness. So what does? Let's talk about the real wealth our kids need.

I learned this the hard way. Picture me, chatting with a tech millionaire who just sold his startup. Instead of celebrating, he looked... empty. "I thought this was supposed to make me happy," he said. Ouch.

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Money skills matter (keep reading those Mini Money Mentors!). But there's more to life than counting coins. Here are 6 priceless assets your kids need:

  1. Ride-or-Die Friendships: Real friends stick around when the going gets tough. Studies show strong friendships can help kids live longer!

  2. Emotional Intelligence (EQ): Understanding feelings is like a superpower. EQ accounts for 58% of job performance. That's huge!

  3. A Clear Purpose: Help your kids find their "why". It's their personal compass for life.

  4. Problem-Solving Skills: Life throws curveballs. Teaching kids to think creatively is priceless.

  5. Resilience: The ability to bounce back from setbacks is key to long-term success.

  6. Curiosity: A love of learning opens doors no amount of money can unlock.

ACTION TIME

The Intangible Asset Game

Here's a quick, fun way to explore these concepts:

  1. Write each asset on a separate index card.

  2. Spread the cards face down on the table.

  3. Take turns flipping a card and sharing:

    • A person (real or fictional) who shows that quality

    • Why that quality is important

    • One way to develop that quality

This game sparks great conversations and gets kids thinking about these crucial life skills. Plus, it's flexible - play for 10 minutes or an hour, whatever fits your schedule!

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Bonus: Keep the cards handy. When you catch your kid showing one of these qualities, point it out and celebrate it!

Remember, you're teaching priceless lessons every day. Keep it up, money mentors!

Until next time, keep building those money smarts!

Kamil Banc
MINI M🟡NEY MENTOR

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