Comments on: The Simple Dollar Weekly Roundup: Leadership Edition

By: Holly

Holly — Thu, 02 Jun 2011 11:23:28 +0000

Forgot to add:
We did teach them directly about checking accounts, savings account and credit/debit cards.

We taught by example about shoe, clothes, personal care items and grocery shopping.

Neither daughter graduated from college w/ANY debt. Only DD1 ended up w/student loans for grad school as she did it in 13 months. DD2 did grad school on the pay as you go plan over 6-7 years.

By: Holly

Holly — Thu, 02 Jun 2011 11:18:27 +0000

Kids generally learn as much if not even more by example vs. outright teaching. I see it in my 2 and their approaches to spending, saving and planning. They have totally different approaches and neither matches mine but bits & peices are there as matches their own time constraints & lifestyle (DD1 has 3 kids, DD2 only 1 & both work FT).

By: Riki

Riki — Wed, 01 Jun 2011 16:21:40 +0000

Leadership is a skill that needs to be practiced. Reading books can provide interesting insights and strategies, but ultimately you need to actually get out there and DO it.

By: Justin

Justin — Wed, 01 Jun 2011 14:43:12 +0000

Thanks Trent. I’d never heard of the Canadian Finance Blog, but I liked their post on financial literacy falling on the parents.

I think thats something that most parents don’t do! For example my dad would tell me to save money, but he didnt provide any type of incentive or proof as to why its so good.

He, like many other Americans who do the same, are practicing “do as I say, not as I do”. THey don’t save, but expect their children to!

By: valleycat1

valleycat1 — Wed, 01 Jun 2011 14:34:59 +0000

Another factor in successfully leading a community organization is to be sure you strongly believe the organization’s cause and its means of addressing that cause. I know several people who have started their own effective community groups after identifying a need, connecting with a small group of like-minded people, and growing it from there. Otherwise, becoming a leader usually is a function of becoming active in a group and gaining the confidence of the other members so that you organically grow into the job.