Family & Parenthood 02 (Jan 10 - Aug 10)

Re: Family & Parenthood 2 (Jan 10 - Mar 10)

Postby kennynah » Mon Feb 22, 2010 1:46 pm

MM :

perhaps you could advice your aunt to remind her son to provide for her... sometimes, young people don't realize this until they are told...
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Re: Family & Parenthood 2 (Jan 10 - Mar 10)

Postby millionairemind » Mon Feb 22, 2010 2:02 pm

kennynah wrote:MM :

perhaps you could advice your aunt to remind her son to provide for her... sometimes, young people don't realize this until they are told...


K - OK. I will see if I can ask my aunt next time I see her.

This cousin of mine is only 9yrs younger than me. I think a decade is really a generation gap.
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Re: Family & Parenthood 2 (Jan 10 - Mar 10)

Postby winston » Mon Feb 22, 2010 4:10 pm

Hi MM,

Insurance Agents need to be seen as successful else they will not be respected by their clients. Therefore, things may not be what it looks like.

Take care,
Winston
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Re: Family & Parenthood 2 (Jan 10 - Mar 10)

Postby Poles » Mon Feb 22, 2010 4:17 pm

millionairemind wrote:At an extended family gathering over Chinese New Year, I learnt from an aunt that his grown up son who is doing well in his career as insurance agent never brings any money home, even though he is still staying with the family.

My aunt is a factory production worker and makes just enough money to keep the family afloat. Her husband has been out of work for 4 yrs now due to an injury, though previously he was an odd job worker.

My aunt laments to me that my cousin drives a car and yet does not contribute financially to the family.

This is not the first time I have heard of such stories from elderly people. Sigh... its probably a sign of the times. Everyman for himself while the responsibilities to take care of one's parents is cast aside in pursuit of materialism :(



this is pretty common........many youngsters assume /pretend the home is a Doremon's pocket......
i have seen worst than this....."negative equity" if u understand what i meant.
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Re: Family & Parenthood 2 (Jan 10 - Mar 10)

Postby Poles » Mon Feb 22, 2010 4:18 pm

winston wrote:Hi MM,

Insurance Agents need to be seen as successful else they will not be respected by their clients. Therefore, things may not be what it looks like.

Take care,
Winston


i would advise them to "tone down" if they are looking for big fish.....
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Re: Family & Parenthood 2 (Jan 10 - Mar 10)

Postby kennynah » Mon Feb 22, 2010 7:08 pm

put in some effort...give $50 also better than nothing... it's the thought behind the effort that's important here...
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Re: Family & Parenthood 2 (Jan 10 - Mar 10)

Postby Cheng » Mon Feb 22, 2010 7:12 pm

millionairemind wrote:My main hope is for my boy to be able to grow up independent of us, to be a fully functional adult when he turns 18 that he will not need to get an allowance from us, just like when I stopped getting an allowance from my parents after I turned 18.

If I can achieve that, then I would have succeeded at parenting ;)


Hi MM,

By 18-19 your boy should be in NS? If he wants more allowance, he should be able to pick up trading. I'm curious, when will you start teaching him the art of trading? :)

My dad was like you, he never spare the rod haha... But not as fierce as you, wack until 1 cane divided by 2. :P When I entered secondary school, canning cannot work anymore.

For me, I stopped taking allowance from my parents when I enter army at 20. I explored into the investment world at 18 and fired my first bullet at age 21 with my savings accumulated since young. But last year, my dad insisted that I take allowance from him even though I can support myself haha... So I just accumulate and reinvest again, I went for a holiday last yr with the profits and there is this great sense of satisfaction. I gave some profits to mom too, to buy groceries for a few months. :D

Cheers!
Cheng
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Re: Family & Parenthood 2 (Jan 10 - Mar 10)

Postby millionairemind » Mon Feb 22, 2010 7:36 pm

Cheng - You are a good son :D Very independent minded... Excellent :D

We've always believe 棒下出孝子

You started trading early. I wished I started at your age so I can gain even more experience :D

My son knows what I do for a living. He also knows the basics of trading cos' if you ask him, he will say "buy if its going up, sell if its going down" :mrgreen:

I will probably start him on trading with real money when he gets to P3/4. Let him get a firm grounding in mathematics first before I start. No need to be too complicated, just one counter at a time with $10,000 of tuition money. Of course, he has got to start with paper trading first :D

It's always the emotional control that matters in the market. This is something that I am also learning everyday about myself :D

As for me, I did not get any more money from my parents once I got enlisted into the army. Recruit's pay sucks :D, but you make do.

I got thro' university with a scholarship and my first job was in the US so it helped me to gain independence as a separate entity from my parents. Those 6 years overseas really helped me in my own development.

My main aim is for my son to leave the house after NS, perhaps go to the US to study or study in a local u but go to US or China to work for a few years.
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Re: Family & Parenthood 2 (Jan 10 - Mar 10)

Postby winston » Sun Feb 28, 2010 10:16 am

The most important thing that you can teach your children is that Well-being abounds. And that Well-being is naturally flowing to them.

And that if they will relax and reach for thoughts that feel good, and do their best to appreciate, then they will be less likely to keep the Well-being away, and more likely to allow it to flow into their experience. Teach them the art of allowing.

--- Abraham

Excerpted from the workshop in Milwaukee, WI on Wednesday, July 5th, 2000 #363

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Re: Family & Parenthood 2 (Jan 10 - Apr 10)

Postby winston » Tue Mar 16, 2010 1:11 pm

Guidelines for Living with Children by Bob Tschannen-Moran

Just in case you have not had enough Guidelines for Living, the North Carolina Developmental Behavioral Pediatrics Online website offers the following 10 Guidelines for Living with Children. If you find them interesting or want to learn more, I encourage to visit their site for a full description.

1. "Catch 'em being good." -- The single most important rule in living with a child is to find things to praise
2. "Let them help you." -- The second most important rule is to let your children help you
3. Monitor your children. -- When your children are playing quietly, catch them being good! Don't ignore them.
4. Home routines and responsibilities should (within reason) be orderly and predictable.
5. Discipline and enforcement of discipline should be as matter of fact as possible. -- Follow through with logical consequences.
6. Lectures belong in lecture halls; not in homes. -- Do not lecture your children, not even under the guise of reasoning with them.
7. Show sympathy when you discipline. -- Be empathetic but don't give in.
8. Prompting and modeling, or imitating. -- Children learn by what they see, and hear you and others do.
9. Be a mother, not a martyr. -- Find a good babysitter or preschool, and take a breather.
10. Parents are teachers. -- Whether you program it or not, whether you intend it or not, you teach your children through your interactions with them. What you do is more important than what you say.

http://www.dbpeds.org/articles/detail.cfm?TextID=17

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