Whether you grew up in a household that was plagued with debt, or you simply want to make sure that your kids make the right money choices when they grow up, you will discover that understanding things like debt and figuring out how to handle money is something kids should start understanding early. Some kids have a knack for managing money, while others seem inclined towards being spendthrifts, but remember that money management is something that can definitely be taught, and when you are thinking about how to get the point across, keep a few things in mind. First, there [...]
Money Smart Parents Produce Money Smart Kids!
by adminDid you know that children are really just the same as little adults, they have all the same faculties that adults have with the possible exception of vocabulary and experience.They usually have a far more imaginative mind than adults and are far more open minded. We generally allow our children to explore their imagination through role play, dressing up and playing games. When was the last time, with the possible exception of Halloween, that you saw an adult swash buckling a wooden sword like Captain Jack Sparrow?It is only when we grow up that we get conditioned by our paradigm. [...]
Seven Myths About Kids and Money – Busted!
by adminAlthough may parents believe that teaching kids about money isn’t necessary, the fact remains that today’s young adults are falling deeper and deeper into debt. There are many ways to teach your children about money, and be rest assured, young or old, they can learn. There are seven misconceptions parents have about kids and money – but by letting go of these myths, you can teach your children to be financially responsible adults.Myth #1: My child isn’t old enough to learn about money management.Saying your child isn’t old enough to learn about money management is like saying your child isn’t [...]
Measurable Goals For Performance Management
by adminIn a recent email to me, mezhermnt subscriber Corina from Hong Kong asks:“This will be the first year my company uses the SMART approach to do performance management. As a manager, I am supposed to set up measurable objectives for my subordinates. It’s not a problem for me to set up measurable objectives for my assistant managers as they have deadlines to meet. But when it comes to my secretary and the clerical staff, I am not sure how to set measurable goals for them as their duties are very routine and tedious. Could you give me some examples?”Are deadlines [...]
SMART Goals – How to Guarantee Project Benefits
by adminNo longer is it enough just to complete projects on time and on budget. Companies can’t afford to waste time and money on projects that fail to deliver measurable benefits. In these difficult economic times it’s more important than ever to deliver expected benefits, ensure organizational readiness, stakeholder engagement and solution adoption. Easily said, of course, but hard to do in practice because there is often no process or expertise in place to make it happen.The key to consistently delivering benefits lies, upstream of project execution, in the strategic planning process, when senior management define their business objectives and SMART [...]
