5 Fundamentals of Modern Education

In these modern times, it has become increasingly important to shift educational fundamentals to suit the current times. The classroom has become part of the global village and students need to be taught how to now successfully navigate this space while still maintaining the upward trajectory of gaining knowledge and becoming useful members of society. Gone are the days when the educational curriculum was filled with theory and just enough practicals to just pass exams. Here are 5 fundamentals of modern education that can give students higher chances to succeed in this information age:
1. Entrepreneurship:
Entrepreneurship is a dynamic process of vision, change, and creation. It requires an application of energy and passion towards the creation and implementation of new ideas and creative solutions. Essential ingredients include the willingness to take calculated risks in terms of time, equity, or career; the ability to formulate an effective venture team; the creative skill to marshal needed resources; and fundamental skill of building solid business plan; and finally, the vision to recognize opportunity where others see chaos, contradiction, and confusion.
It is more than the mere creation of business. Although that is certainly an important facet, it’s not the complete picture. The characteristics of seeking opportunities, taking risks beyond security, and having the tenacity to push an idea through to reality combine into a special perspective that permeates entrepreneurs. This can be effectively taught through school projects.
2. Cooperation: 
Cooperative learning is a method of teaching considered vital to today’s educational environment. Students can be put into smalls groups to complete certain tasks. Cooperation is beneficial because knowledge is exchanged and converged through social interaction.
When the grade of an entire project depends on the group as a whole, students are encouraged to share opinions and knowledge. This offers a less competitive learning environment. Weaker students or those that are less apt to share ideas openly or take part in classroom discussions are encouraged to participate. This helps build self-confidence in those students.
3. Financial Independence: 
One of the biggest steps toward leading an independent life is financial independence. This type of self-sufficiency starts by taking control of your money that you earn and accepting that it is yours to spend. Money is necessary to live and live in our society and it pays learning how to navigate finance. Money management; the process of managing money, including budgeting, investing, banking and taxes should be basic skills students should know.
4. Creativity: 
Creativity is the ability to think in unconventional ways, to take initiative, and to take appropriate risks. It makes your mind active instead of passive. Curious people have active minds and the mind is a muscle; the more you work it the stronger it becomes. It opens up new worlds and possibilities.
Being curious helps you see things that you wouldn’t typically see. Curiosity and imagination leave no time for students to embrace boredom. They are central elements of critical thinking. We need to be curious. Developing their capacity for imagination, creativity and empathy will be increasingly important to their competitive advantage in the future.
5. Technology:
Technology is now at the centre of our world, bringing people from different walks of life together and making the learning process that much richer. The once complicated task of researching can be made much simpler just by access to a computer, tablet, or phone and the internet. Students of these days would be hard pressed to imagine a world where information wasn’t on the tips of their fingers. Computerization means being part of the global village and this means easy ways of sharing information. This opens up a whole lot of possibilities like blogging and vlogging. Content creation is a whole industry now and students can be more than the traditional educational system allowed.
Ensure your child has the right foundation by providing them with the adequate resources that will foster their growth. Visit our website www.html.co.zw for tailor made financial solutions today to assist you in this regard.

Interesting Tip To Help You Save

Treat yourself, but use it as an opportunity to save.
 Match the cost of your nonessential indulgences in savings. So, for example, if you splurge on a smoothie while out running errands, put the same amount into your savings account.
And think of it this way, if you can’t afford to save the matching amount, you can’t afford the treat either.

Monday Motivation: Frame Your Financial Goals

You have started saving, but will you have enough to buy a house 10 years down the line, or even a car five years hence? People tend to save aggressively and invest with extreme vigour, but do so blindly, jeopardising their goals.
This is a mistake common to most investors, irrespective of the age group. The next step then is to frame your goals. Don’t just make a mental note of the things you want to finance, but write these down in detail.
Split your goals into three categories: short-, medium- and long-term goals. Then list each one clearly, along with the number of years to achieve each, and the exact amount you will need. Once you have penned down your goals, you will be able to determine how much and for how long you will need to invest. Read more at: //economictimes.indiatimes.com/articleshow/52807644.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Resolutions To Help You Save Money In The New Year

Find ways to generate side income: 
Picking up extra income can be a wonderful financial resolution. In a suffering economy, the peace of mind and supplemental income that comes with a second job or side business can be a great buffer against the stresses of economic strife.
Even an extra hundred dollars a month can be a great way to reach other financial goals like paying down debt, making an extra mortgage payment or starting an emergency fund.
Start a rainy day fund: 
If you don’t already have one, it’s a worthy New Year’s Resolution to start one. We are living in uncertain times and you  want to be ready for any form of emergency. Imagine if you lost your job but still had to cater for your living experiences?
You want to be able to have a ready solution. And in Zimbabwe, it’s even better if your rainy day fund is in hard currency since our financial climate is rather uncertain. Make sure you set aside enough to take care of your specific needs.
Invest in your retirement: 
These  days it’s hard to trust someone else with your future planning and so it is very important to plan for the day when you can no longer earn an income but need  to pay for all sorts of things. Work will have stopped but life will continue and with it comes rent, transport, food costs, etc.
Setting aside money for the future, even if it’s just in a savings account can start you on the path to a financially secure retirement.
Build a budget: 
Starting off the year with a budget is an easy resolution and your budget doesn’t have to be in a fancy spreadsheet with graphs and charts. A simple, handwritten list of expenses and incomes can get you started, and can be expanded later if needed.
The hard part of this resolution is committing yourself to watching, modifying, and adhering to your budget over the course of the year. Consider putting your budget in an easy to see place like your refrigerator or computer desktop so that it will be a constant reminder of your financial goals and your commitment to those goals. #2019 #moneygoals #moneylenders