$Tiger Brokers(TIGR)$ I am a t-To The Moon - Tiger Brokers Online Investing Community - To The Moon

$Tiger Brokers(TIGR)$

I am a type 3 parent - working hard, letting children grow up happily (can I do otherwise with 2 teenagers? 🙂)

Reflecting on my journey as a parent and looking to instill financial prudence in my 2 teenagers, here are areas that I think I should start, stop, and continue doing.

Start

- Involving Them in Financial Discussions: Begin including teenagers in conversations about household finances, budgeting, and investment decisions. This will help them understand the importance of financial planning.

- Educational Resources: Introduce them to age-appropriate books, online courses, or even podcasts about personal finance and investing. Resources like "Rich Dad Poor Dad for Teens" by Robert T. Kiyosaki can be a good start.

- Workshops and Seminars: Look for local workshops or online webinars that focus on financial literacy for teenagers. These can provide structured learning opportunities.

- Investment Clubs: Encourage them to join or form an investment club at school. This can be a great way for them to learn from peers and stay engaged.

- Practical Experience: Set up a custodial investment account where they can make small investment decisions under my guidance. This hands-on experience can be invaluable.

Stop

- Avoiding Money Talks: I tend to keep financial matters private. I need to try to be more open. Shielding them from financial discussions can prevent them from learning important lessons.

- Overemphasizing Success: While it's important to share my successes (not many though), I should also discuss my mistakes and what I learned from them. This will teach them that failure is a part of the learning process.

Continue

- Leading by Example: Continue demonstrating prudent financial behavior. Actions speak louder than words, and they are likely to emulate my habits.

- Encouraging Education: Keep supporting their educational goals and explaining how financial decisions can help achieve these goals. This reinforces the connection between financial prudence and personal aspirations.

Thoughts?

Push Your Child or Yourself? Which Type of Parent Are You?

In Singapore, parents start competing in their children’s education from a very young age. Currently, there are three main types of parents. 1. Pushing the Child (“Tiger mom”) 2. Pushing Both the Child and Themselves 3. Working Hard for Themselves, Letting Their Children Grow Up Happily: Which type of parent are you? Are You Trading Stocks to Better Support Your Child’s Education?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

MatthewWalter
08-21
MatthewWalter
Great tips

Leave a comment

1

15

1

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":339377133981888,"tweetId":"339377133981888","gmtCreate":1723896578123,"gmtModify":1724225909951,"author":{"id":3566854457101758,"idStr":"3566854457101758","authorId":3566854457101758,"authorIdStr":"3566854457101758","name":"HMH","avatar":"https://static.tigerbbs.com/4f9d0a9264992f1a8f444997883a3f1a","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":4,"crmLevelSwitch":0,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-3","templateUuid":"1026c425416b44e0aac28c11a0848493","name":" Tiger Idol","description":"Join the tiger community for 1500 days","bigImgUrl":"https://static.tigerbbs.com/8b40ae7da5bf081a1c84df14bf9e6367","smallImgUrl":"https://static.tigerbbs.com/f160eceddd7c284a8e1136557615cfad","grayImgUrl":"https://static.tigerbbs.com/11792805c468334a9b31c39f95a41c6a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.12.06","individualDisplayEnabled":0},"individualDisplayBadges":[{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Have published 3 or more picked posts, and have published at least one picked post and participated in comments within 30 days","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":0,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.12.22","individualDisplayEnabled":1,"backgroundColor":{"dark":"#675a37","tint":"#f9ebc2"},"fontColor":{"dark":"#ffffff","tint":"#ab7a0e"}}],"fanSize":222,"starInvestorFlag":false},"themes":[{"themeId":"35293516aee34406a4399b67aa1eada3","categoryId":"d3c66e9d6c224ba082ca76ee654847ca","name":"Push Your Child or Yourself? Which Type of Parent Are You?","type":0,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/detail&rndata={\"themeId\":35293516aee34406a4399b67aa1eada3}&rnconfig={\"headerBarHidden\": true}","description":"In Singapore, parents start competing in their children’s education from a very young age. Currently, there are three main types of parents.\n1. Pushing the Child (“Tiger mom”)\n2. Pushing Both the Child and Themselves\n3. Working Hard for Themselves, Letting Their Children Grow Up Happily:\nWhich type of parent are you?\nAre You Trading Stocks to Better Support Your Child’s Education?","image":"https://community-static.tradeup.com/news/0b6fa476c14d4ac61caf43cb74720a7d"}],"images":[],"coverImages":[],"html":"<html><head></head><body><p><a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$</a>&nbsp;</p>\n<p>I am a type 3 parent - working hard, letting children grow up happily (can I do otherwise with 2 teenagers? 🙂)</p>\n<p>Reflecting on my journey as a parent and looking to instill financial prudence in my 2 teenagers, here are areas that I think I should start, stop, and continue doing.</p>\n<p>Start</p>\n<p>- Involving Them in Financial Discussions: Begin including teenagers in conversations about household finances, budgeting, and investment decisions. This will help them understand the importance of financial planning.</p>\n<p>- Educational Resources: Introduce them to age-appropriate books, online courses, or even podcasts about personal finance and investing. Resources like \"Rich Dad Poor Dad for Teens\" by Robert T. Kiyosaki can be a good start.</p>\n<p>- Workshops and Seminars: Look for local workshops or online webinars that focus on financial literacy for teenagers. These can provide structured learning opportunities.</p>\n<p>- Investment Clubs: Encourage them to join or form an investment club at school. This can be a great way for them to learn from peers and stay engaged.</p>\n<p>- Practical Experience: Set up a custodial investment account where they can make small investment decisions under my guidance. This hands-on experience can be invaluable.</p>\n<p>Stop</p>\n<p>- Avoiding Money Talks: I tend to keep financial matters private. I need to try to be more open. Shielding them from financial discussions can prevent them from learning important lessons.</p>\n<p>- Overemphasizing Success: While it's important to share my successes (not many though), I should also discuss my mistakes and what I learned from them. This will teach them that failure is a part of the learning process.</p>\n<p>Continue</p>\n<p>- Leading by Example: Continue demonstrating prudent financial behavior. Actions speak louder than words, and they are likely to emulate my habits.</p>\n<p>- Encouraging Education: Keep supporting their educational goals and explaining how financial decisions can help achieve these goals. This reinforces the connection between financial prudence and personal aspirations.</p>\n<p>Thoughts?</p></body></html>","htmlText":"<html><head></head><body><p><a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$</a>&nbsp;</p>\n<p>I am a type 3 parent - working hard, letting children grow up happily (can I do otherwise with 2 teenagers? 🙂)</p>\n<p>Reflecting on my journey as a parent and looking to instill financial prudence in my 2 teenagers, here are areas that I think I should start, stop, and continue doing.</p>\n<p>Start</p>\n<p>- Involving Them in Financial Discussions: Begin including teenagers in conversations about household finances, budgeting, and investment decisions. This will help them understand the importance of financial planning.</p>\n<p>- Educational Resources: Introduce them to age-appropriate books, online courses, or even podcasts about personal finance and investing. Resources like \"Rich Dad Poor Dad for Teens\" by Robert T. Kiyosaki can be a good start.</p>\n<p>- Workshops and Seminars: Look for local workshops or online webinars that focus on financial literacy for teenagers. These can provide structured learning opportunities.</p>\n<p>- Investment Clubs: Encourage them to join or form an investment club at school. This can be a great way for them to learn from peers and stay engaged.</p>\n<p>- Practical Experience: Set up a custodial investment account where they can make small investment decisions under my guidance. This hands-on experience can be invaluable.</p>\n<p>Stop</p>\n<p>- Avoiding Money Talks: I tend to keep financial matters private. I need to try to be more open. Shielding them from financial discussions can prevent them from learning important lessons.</p>\n<p>- Overemphasizing Success: While it's important to share my successes (not many though), I should also discuss my mistakes and what I learned from them. This will teach them that failure is a part of the learning process.</p>\n<p>Continue</p>\n<p>- Leading by Example: Continue demonstrating prudent financial behavior. Actions speak louder than words, and they are likely to emulate my habits.</p>\n<p>- Encouraging Education: Keep supporting their educational goals and explaining how financial decisions can help achieve these goals. This reinforces the connection between financial prudence and personal aspirations.</p>\n<p>Thoughts?</p></body></html>","text":"$Tiger Brokers(TIGR)$ I am a type 3 parent - working hard, letting children grow up happily (can I do otherwise with 2 teenagers? 🙂) Reflecting on my journey as a parent and looking to instill financial prudence in my 2 teenagers, here are areas that I think I should start, stop, and continue doing. Start - Involving Them in Financial Discussions: Begin including teenagers in conversations about household finances, budgeting, and investment decisions. This will help them understand the importance of financial planning. - Educational Resources: Introduce them to age-appropriate books, online courses, or even podcasts about personal finance and investing. Resources like \"Rich Dad Poor Dad for Teens\" by Robert T. Kiyosaki can be a good start. - Workshops and Seminars: Look for local workshops or online webinars that focus on financial literacy for teenagers. These can provide structured learning opportunities. - Investment Clubs: Encourage them to join or form an investment club at school. This can be a great way for them to learn from peers and stay engaged. - Practical Experience: Set up a custodial investment account where they can make small investment decisions under my guidance. This hands-on experience can be invaluable. Stop - Avoiding Money Talks: I tend to keep financial matters private. I need to try to be more open. Shielding them from financial discussions can prevent them from learning important lessons. - Overemphasizing Success: While it's important to share my successes (not many though), I should also discuss my mistakes and what I learned from them. This will teach them that failure is a part of the learning process. Continue - Leading by Example: Continue demonstrating prudent financial behavior. Actions speak louder than words, and they are likely to emulate my habits. - Encouraging Education: Keep supporting their educational goals and explaining how financial decisions can help achieve these goals. This reinforces the connection between financial prudence and personal aspirations. Thoughts?","highlighted":1,"essential":1,"paper":1,"likeSize":15,"commentSize":1,"repostSize":1,"favoriteSize":0,"link":"https://ttm.financial/post/339377133981888","repostId":0,"isVote":1,"tweetType":1,"viewCount":519,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["TIGR"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":true,"length":1729,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":340767573520608,"commentId":"340767573520608","gmtCreate":1724226153812,"gmtModify":1724232000253,"authorId":9000000000000488,"author":{"id":9000000000000488,"idStr":"9000000000000488","authorId":9000000000000488,"name":"MatthewWalter","avatar":"https://static.tigerbbs.com/673f24849e790c3aa318f19aa443d828","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":339377133981888,"objectIdStr":"339377133981888","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Great tips","text":"Great tips","html":"Great tips","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/339377133981888"}