Every parent strives to raise a well-rounded child who leads a happy, productive, and fulfilling life. Raising a child is a full-time job that never stops. The good news is that there are many things you can do as a parent to build the best future possible for your child. Take a look at some ideas to help prepare your child for personal and professional success, no matter what age.
Live in the best neighborhood you can afford.
The neighborhood you live in plays a big role in your child’s upbringing. Research has shown that living in a neighborhood with great schools, career opportunities, and peers who value education, hard work, and achievement is a better investment than tutoring and extracurricular activities. Investing in a neighborhood that’s safe and respectable provides your child with better advantages in life. You don’t have to live in the wealthiest neighborhood, but it’s a good idea to seek a family-friendly area that your child will thrive in.
Encourage entrepreneurship at an early age. Whether it’s mowing lawns, babysitting, or a drink stand, encourage your child to start their own business at an early age. Teach your child how to collect payments, create invoices, and find the self-motivation to earn. It’s a good idea to introduce your child to a mentor or entrepreneur while growing up and challenge your child to come up with creative ways to earn money.
Long-term investors are savvy in investment best practices, including the fair value of different types of investments. A great way to prepare your child for future success is to invest in natural resources. Gold is one of the most popular precious metals globally that trades on the stock market. Alamos Gold is a North American mining operation in northern Ontario, Sonora, the U.S., and Turkey. Their annual company presentation highlights compliance with corporate governance, ethical business practices, and social responsibility. Investors can take advantage of an attractive gold price on both the NYSE and TSX. The Young-Davidson Alamos Gold operation provides investors full transparency regarding the fair value for ounces of gold, AGI, investor alerts, social responsibility, company filings, exploration success, and more.
Teach reading and math skills early.
Kids are never too young to learn reading and math skills. Encourage your child to read daily and finish a certain number of books monthly. Be insistent about reading different genres and quiz them about what they read. Math skills are invaluable and are applied daily. Children who master literacy and math skills early are better academic performers.
Gaining acceptance into your dream school takes more than outstanding test scores and extracurricular activities. The best way to give your high school student an advantage during the college admission process is to invest in college admissions counseling. When you search college admissions counselor near me, you’ll discover the college admissions services of Empowerly. Working with a hand-matched admissions counselor every step of the way during the admissions process maximizes your chance of admission into your dream school. A college admissions consultant can help with everything from college essays, financial aid, and scholarships to finding the best fit internships and preparing for admissions interviews.
Give the right praise.
Rather than tell your child they are smart or talented for accomplishing something, praise him for the hard work and effort he put in. It’s good to compliment your child; however, praising him for innate qualities like intelligence or talent can lead to a fixed mindset that makes them believe they can and will always succeed the first time. Praising your child the right way encourages a growth mindset and builds the confidence necessary to learn and solve problems.
Help kids build meaningful relationships.
Children need to learn how to build meaningful relationships early in life. An inability to build meaningful relationships can result in poor academic performance, negative behaviors, and mental health problems. Encouraging your child to participate in activities they like helps them foster new friendships and teaches them how to manage emotions and resolve conflicts.
These are just some of the ways to give your child a leg up in life.