Saturday, September 1, 2012

Where is your lemonade stall?

The short monsoon is over and sun is out again. The sun’s scorching heat leaves us pining for something cool. At such times, what a relief it to come across young little kids with smiling faces, beckoning us to have some lemonade from their stalls.

Lemonade stalls, such a simple and yet an effective way to instill entrepreneurship skills in kids at a young age. There are so many ways in which we can encourage kids to be more responsible at a young age.

My first video game was from the money I earned by selling ice cream at a fair. It was a great experience and taught me big concepts such as inventory, sales, marketing, discounting in simple hands on way.

In our effort to provide our child with the best and give him all the comforts of life, we forget these important lessons that can help your child form a strong foundation. So go on, encourage them to take up a small project.
While there are plenty of ideas to help kids understand the value of money, to instill a sense of creativity in kids and at the same time help them get awarded for their efforts. Here are a few to get you started. How about a little arts and crafts show? Get some kids together over the weekend, help them create small items such as greeting cards, decorative pieces and then have a small exhibition in the house in the evening.