Hello everyone.

What i want to discuss here is probably what you have not heard or read before and probably what you might not have practiced before.
Secondly, the post might not interest you and so will it not interest many. And finally, its not for everyone, only for the very few who are disciplined and responsible when it comes to money. According to Benjamin Franklin who said "he who lives without discipline, will die without honour".

Now to my topic. How do you turn your children to rich and independent kids? The answer is very simple, all you need to do is teach them how to save. Let me share an experience with you. A father has a family of four i.e. the father, the mother two kids; a boy and a girl. During the festive periods he faces the challenges of taking care of virtually all the bills in the house alone and he wanted a way out and he wanted everyone to support him willingly to reduce his burden and that without asking. What he did will blow your mind away.

This is what he did; on the eve of the new year i.e. 31st of December, he requested the services of a furniture maker or the one we all call the carpenter to build for him a strong four (4) safes, what the yoruba people call "kolo" with a padlock and key attached to it. When he got to the house he called a family meeting and said one our new year resolution is to start saving and that every member of the family will have a safe (kolo) including himself. They are expected to put in it any careless legitimate cash that slips into their hands through out the year and that no matter what happens the safe can only be open at the end of the year.

Aside the fact that the safes are strongly built, he only has access to the keys of all the safes well hidden.

The race began, the experience began, the journey began and savings began. Despite challenges, everyone kept a disciplined attitude and no one even talks about opening the safe or anything relating to it. All challenges faced where overcame during the period as they all bonded together to see the outcome of daddy's experiment. As the year go by it turns to be an exciting experience and everyone got use to it and waiting to see what will come out of it.

Once in a while daddy sneaks to the children's room and drop some cash in their safe without their knowledge and sometimes he did with their knowledge just to encourage them so likewise does mummy. The journey continues and so it comes to the end of the year as God was faithful keeping everyone alive. Now this was the result:

On the 23rd of December the next year, everyone gathered round and everyone brought their safe out. The carpenter was invited to break the safes as daddy has dropped all the keys in the pit toilet. You will be amazed to find what was inside each safe as no one would have believed they have saved so much within the period. All the needs of the family and that of each family members where met and even beyond expectation and it turned out to be the very best festive period ever for the entire family. I will not tell you the rest, am sure you can imagine.

After this experience the family continued the tradition until today, house rents were paid without loan, school fees without borrowing, cars bought and houses built without sweat.

In summary, you can do the same, be discipline and teach same to your children and train them on independent saving techniques like the one i taught above. When they get these monies teach them to invest and you will discover in no time your kids will become rich and independent.

If you need my advice on what kids can invest on after saving and become rich and independent buzz me. However, my services are not free. Thank you.

B. B. Emmanuel

+2348062451455
bbemmanuell@gmail.com
whatsapp: +2348062451455

Nice one. I think I will give it a try.

Tundeiab:
Nice one. I think I will give it a try.

Please do, and at the end of the year i will love to have the feedback. Remember, discipline is key. You are welcome

Is a nice one, may not be the safe thing but something similar to it. It is same as adequate financial planning

sirbestman:
Is a nice one, may not be the safe thing but something similar to it. It is same as adequate financial planning

Yes, when their savings increases, it can always be fixed in the bank.

hahaha.
my mum taught us that. we all had safe's while growing up. she was a teacher, and the small wooden box was collected from her office free of charge. i remember i sometime made extra hole to allow some coins come out of that i i can use and buy sweets. When the safes were opened, the money was used to buy things for the owner. Things like new school bag- knap sack, shoes etc. So my parents saved money that they should have used on us- (to buy those things) by making us save.

mercylicious:
hahaha.
my mum taught us that. we all had safe's while growing up. she was a teacher, and the small wooden box was collected from her office free of charge. i remember i sometime made extra hole to allow some coins come out of that i i can use and buy sweets. When the safes were opened, the money was used to buy things for the owner. Things like new school bag- knap sack, shoes etc. So my parents saved money that they should have used on us- (to buy those things) by making us save.

Now that you remember isint it quiet an experience? Thanks for sharing.