Our parents are the most important people in our lives and regardless of what kind of
life they could give us, we should never complain because they probably did their best.
In this video, It will seem like I will be complaining but
I am not P, I am thankful to my parents with my life but as a realist, I believe that are
certain things that if my parents would have taught me earlier.
I would probably be better off.
I am not blaming them because they are humans and they aren’t meant to be perfect as everyone,
but if you are a dad or a mom or when you become one, you gotta make sure you teach
these things to your children, and if you are a teenager, learning these things will
make your life a hundred times better.
my parents grew up in an extremely poor family in a post-soviet republic where they had to
go through many hardships to find their way out . life wasn’t easy for them since the
beginning and all that they dreamed about was to make sure I and my siblings won’t
suffer like them.
they simply wanted us to have a better life than the one they had.
that's why they got us into a better school, they paid extra attention to our grades and
wanted us to get into college and eventually find a good job in a good company and have
a stable income.
As much as I appreciate that, that plan would have never made me financially free, I would
be living paycheck to paycheck all my life.
Only when I grew up and experienced life by myself I realized that, if I want to be on
the other side of the spectrum, I have to take some risks.
our parents love us so much they are afraid that we will get hurt if we take the extra
risk, SO they encourage us to take a more traditional path.
But unfortunately, by doing what everyone is doing, you will end up where everyone is.
So in order to make more money than most people do, you have to take a different path, which
is often more dangerous and risky.
and that's something that most parents hesitate to teach their kids, including mine.
P
we almost didn't talk about money at home.
It was something that only my parents would discuss and for some reason, my parents thought
that as I will get elder, I will learn everything on my own.
Now I am just a little kid, I don't have to bother myself with this kind of things.
I gotta go out and there and play with other kids and when I grow up I will somehow understand,
but the truth is, just because you get elder doesn't mean you will get financial literate,
they are not connected.
the only way to learn something is either experience it or learn it from someone else.
Do you remember your dad explaining to you why some people pay more taxes while others
are less?
Do you remember your parents telling the different types of income, why one person manages to
make millions while others struggle to make ends meet?
Money works in a certain way, it has its rules and principles that you have to understand
if you want to make a lot of it.
Yes of course, when you grow up and face financial problems, you will learn, but isn’t it better
if you learn them while you are still a kid so that you make wiser decisions along the
way and get financial free earlier.
And lastly, social skills can make you more money than you think.
This is something that I have learned too late in my life.
when you get into the world of business, you realize that alone you won’t go far.
You need to learn to get along with people, you need the right people on your side, you
need to be able to convince people to work with you.
Even if you are absolutely genius, without social skills you will probably won't go far.
Sometimes all that it requires a great first impression to secure that loan for your business
or attract a valuable partner.
Even if you are just an employee, the better the socials skills you have, the faster you
will be promoted and eventually be paid more.
Of course, money isn’t the only thing in life, but it's definitely one of the most
important things and the earlier you learn how money works and how to make more of it
the better it is.
So good luck!