In today’s Life Hack Training series, we are going to go over how to teach kids life hacks that will set them up for a lifetime of success. The first thing I want to show you today is how to make luck.
The curve going up has good luck and the curve going down has bad luck. What do I mean by that? Simply this: when the media picks up on the happening of rags to riches or reverse type stories , the part they report on is just the very end curve parts.
Teaching kids how to create their own luck is one of the best parenting hacks there is.Let’s take a financial example first (though keep in mind not all luck or success is financial in nature).
So we have Mr. Lucky, Mr. Nothing, and Mr. Unlucky. Mr. Nothing is going to do nothing and so he loses all the time we apply and has nothing to show for it. Fast forward 40 years and he has nothing left. No time and no money.
Mr. Unlucky is not going to do anything horrendous. He will put $1 a day on a credit card that has a normal 15% interest rate. Then we will fast forward 40 years like we did for Mr. Nothing. Mr. Unlucky has now spent $14,400, one dollar at a time.
So to flip that, Mr. Lucky invests $1 a day to an account that grows at 15% and, you guessed it, he has $683,662.07 at the end and he only put in $14,400. Not a bad little chunk of change for a $1 a day investment.
This is the biggest reason that I started developing these success principle concepts into simple, life hacks for kids ideas that even a six-year-old could understand.
Help Kids Realize Their Own DIY Luck is Within Arm’s Reach