Money Life Balance - E-book - ePub

Lack of financial literacy among children can lead to poor money management skills in adulthood. If you would like your child to learn about balancing immediate gratification with long-term goals in real life, this book is here to help your child. Money Life Balance uses great pictures, making it more interesting and memorable for the children. The book is among a series of the Kids Financial Story Books available to help reinforce kids' understanding of the significance of practicing patience and embracing a long-term perspective to maximize their wealth. Book Summary: In the small town of Bellagio, two best friends, Jeremy and Kobby, set out on a quest to discover the secret to maximizing life's enjoyment and wealth.
They started by exploring books on money management and happiness at the local library. Along their journey, they learned that true happiness came from more than just money and that a balance between enjoying life and saving for the future was crucial. When they encountered an amusement park, they resisted the temptation to spend all their savings and instead allocated a portion for delightful experiences while still saving.
They understood the importance of forming precious memories without depleting their entire budget. At a marketplace, they met a wise merchant named Mr. WiseBuffet, who taught them about investments and the potential for long-term growth. Following his advice, they started investing in stocks and bonds, diversifying their portfolio to mitigate risks. They embraced patience and a long-term perspective, knowing that wealth would grow steadily over time. As their investments grew, Jeremy and Kobby used some of the returns to enrich their lives, explore new hobbies, and support meaningful causes.
They continued to save and invest wisely, striking a balance between enjoying the present and securing their financial future. Through their journey, they learned valuable lessons about balancing immediate gratification with long-term goals, finding joy in experiences, and making wise investments. They discovered that by embracing this approach, they could create a fulfilling life while maximizing both enjoyment and wealth.