5 Simple Ways To Teach Children Financial Literacy

What can you do as a parent to help solve the financial literacy crisis?Gone are the days when having a piggy bank or jar to save spare change in. With the recession the whole world is facing and in particular the soaring inflation in Zimbabwe, it’s time children learn a bit more about money. This is good foundational learning that they can build on later in life. 

Earn: It’s a good lesson for children to learn the value of work. You can give them jobs around the house or a neighbour’s house to earn some money. For example, they can help a relative clean out their house before moving or cutting grass for trusted neighbours. Put the money in the piggy bank or jar. Have the child check the contents every few days to determine what the amount of money in there.

Spend: Each time money is spent, have the child subtract the amount from the total. This also teaches children about mathematics as well, which is an added bonus. You could take a child shopping and explain how you set aside a certain amount for food and have the child subtract each item from the total amount. This will also teach them about budgeting.

Save: When kids see a new toy, they want it and the urge is strong. You can give the child a choice though, either they can have immediate satisfaction by using the money they saved or they can set aside money each week or month in a separate jar for the expense. Have a countdown each time the child comes closer to the goal they have set and make sure they realize the strides they have made in their quest.

Borrow: If a kid needs to borrow money for a special treat or are short on their goal, give conditions to borrowing. If the child doesn’t pay back the amount when they say they will, add on a penalty fine such as 10c for each day late or however much will help the point across without feeling like they are being punished. Have the child subtract the amount each day to show if they don’t pay on time, there are consequences.

Invest: Investing can be cool even for youngsters. Ask your child what products they like to buy and why? Research has stated Millennials and teens invest in products with positive corporate social responsibility. Have a child research where their favorite products come from and how the company gives back to the world. This will also teach them about the environmental impact of their desired gadgets/things.

Visit our website www.html.co.zw  or contact our loan officers on: 0777 558 725/ 0771 326 918/ 0771 326 921 for tailor made financial solutions.

5 Fulfilling Ways a Loan Can Change Your 2019

So you have put down your resolutions for the year but some of them might still be unrealized by the end of the year because you just  do not have the finances to action them. This is  where a loan comes in with a much needed cash injection to take care of the financial side of things. Here are 5 ways to get the best out of this year with a loan: 

1) Be Your Own Boss

Do you have a business idea that you have put in the back burner because you lack the finances to get  it off the ground?

Well then, with a loan, you could alter the course of your career in one fell swoop. Use the money you receive to set up your own business at home. Transform your garage, your apartment, or a room in your house into an office space and be your own boss.

Being self-employed comes with a lot of benefits, and with a loan in your corner, you could purchase all you need to kick-start your new career. Whether it’s computers, catering, making furniture, a second-hand car – a loan will sort you out, regardless.

2) Stimulate Your Grey Matter

These days, up-skilling should be a priority no matter  what industry you’re in. There is always something new to learn especially with the opportunities technology brings. You can enrol in a course that will help you enhance your knowledge and skill. A loan could help you sign up for the relevant courses and help you get all the study material and equipment you require.

In fact, you could even see your Personal Loan as an investment. By using the money you get from a loan to improve and develop other skill sets, you could move on to a higher paying job in a variety of fields.

3) Renovate

Use the loan to spruce up your home or apartment, re-upholster your old furniture, buy some modern dйcor, and brighten up your walls with a new lick of paint.

Or how about retiling your roof and installing a skylight to give your home a facelift. From new curtains, to carpets, to floorboards, to bookshelves – you could do a ton of things to uplift your living space and give yourself a new lease on life.

After all, it has been scientifically proven that the more pleasing your immediate surroundings are, the better your mood is.

4) Get Hitched

You might be thinking of getting married by the idea of financing  a wedding gives you palpitations.

This is understandable since weddings can be an expensive affair, especially considering all the catering, decorations, halls, hotels, and everything else it entails. If you aren’t prepared, it could inflict severe damage on your finances.

With a loan, you and your betrothed could take care of all your wedding expenses and even treat yourselves to a fabulous honeymoon soon after.

5) Go on holiday

If you are like any other adult out there, chances are you haven’t taken a holiday in a while and it’s probably beginning to show negatively in your work, and relationships. All work and no play makes you a bit unable to deal if we are being honest.

With a loan, the world is literally your oyster. You could use the money to book yourself a little away time at that amazing local hotel, maybe a camping trip to become one with nature or even let your feet guide you to a cool beach somewhere.

Visit our website www.html.co.zw  or contact our loan officers on: 0777 558 725/ 0771 326 918/ 0771 326 921 for tailor made financial solutions.

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.
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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.
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