How Can I Help My Child Achieve Their Dreams?
One of the main parts of being a parent is nurturing your child’s hobbies and aspirations. This way, they can make their dreams a reality. However, for this to happen, a lot of work needs to be done behind the scenes. You can put things in place that can help to support your child as they work toward their goals, both in the present and the future. As a result, you can feel proud knowing you did all you could to be there for them when they were young and fledgling.
Financial Goals
Many goals and dreams that a child might have may also require some form of financial backing, whether this be gaining a qualification, starting a business, getting married, or even going on a nice holiday vacation. Rather than them needing to find the money in a short space of time, you may be able to use the entirety of their childhood to start putting money aside for their future. You can achieve this in the form of a junior stocks and shares ISA in your child’s name. A parent can open an account when their child is born and continue depositing into it until that child is an adult (in the eyes of the law.) At this point, they may be able to withdraw the money to use as they see fit. Hopefully, "as they see fit" will mean it will be spent on helping them achieve the important goals you both had dreamed up when they were merely small children.
Extra Curricular Goals
Getting your child involved in extracurricular activities while they are young can also aid them with their future endeavors. This may especially be the case if some of those extra curricular activities match what your child would like to do in the future. If not, there might be some skills or tools that your child could take from these activities that could allow them to get ahead. For example, a child who is on the debate team now might have some of the skills required for job interviews, or even being able to make a convincing argument without the need for dramatics or raising their voice when the two of you have a disagreement. A child who explores 4H or the Future Farmers of America, might learn skills to help them have a future career in Agriculture.
Self-Esteem Goals
Above all, give children positive reinforcement. This can include the use of positive phrases that boost their confidence. While you may not want your child to be cocky, improving their self-esteem helps them to speak up for others, have the courage to pursue their dreams, and it gives them the drive to not give in when things get difficult. With a good measure of self-confidence, no matter how many setbacks they face, they will continue to look for different ways to achieve their goal, simply because they have a good foundation of perseverance and know that someone out there has their back.
While some (many) of your child's dreams might be unrealistic, realistic dreams can be achieved with hard work and dedication. As a parent, think about the many ways you can support your child to have the money and skills they will need to make those dreams come true. Whether you start a rainy day fund with your kids or just go play in the rain, it's never too late to be present in your child's life; and that is the best way to help your child achieve anything.
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