Guiding teens to make career choices with money savviness in mind

Did you think about the reality of the career you chose when you were in high school? Did you think about how you would be spending your time? What about how much money you would be making? Or how much it would cost you to obtain a degree and take out a student loan?

Choosing a career path is messy business when we are young, and a lot of emphasis is placed on making this one decision However, it is never just one decision It is just a starting point to start discovering your skills and where you can add value. For many of us, we maybe chose a career, or a degree and then found ourselves in a very different career years down the line.

For some, they find themselves loving what they do and for others they discover that they chose a career they do not enjoy.

How can we better support our youth as they embark upon this journey. Graeme Codrington from TomorrowToday Global says that instead of asking “what do you want to do”, we should be asking youngsters “who do you want to become?” We become more through the actions we take, the fears we face and the growth that occurs as we rise to the challenges in our lives.

In their book “Quit like a millionaire”, Kirsty Chen and Bryce Leung explore the ideas of choosing a career based on earning ability and potential, using this earned income to build passive income and therefore financial freedom early on in life so that one can then pursue passion projects without worrying that it must bring in money.

The ideas of careers, retirement and making money are changing at a furious rate and we need to help our youngsters think about this as they make decisions early on in life.

At Money Savvy Humans, we have created an innovative programme that helps teens to think about their careers and future with money in mind Not in a way of money is the everything, but rather, how can they make money savvy decisions early on in life so they can make enough to pursue their passions without worry, support themselves and their families and add greater value to the world.

We help them consider how to fund their goals. For example, do they want to study at university and have the money to do so, do they want to start a business? And we help them become money savvy so that they know how to make money, manage it, grow it and protect it.

Rachel Rodgers, author of the book “We should all be millionaires” reminds us that our greatest asset is our earning potential. Our youth need to see their earned income as a great resource that can be used, not to just buy stuff, but to build additional income streams and wealth so that eventually they do not have to rely on earned income alone.

Money Savvy Next is about helping teens look at their future in a different way, consider how things are changing and what they can do now to build a future they will love Time is our greatest resource, and we want to help young people use their time in the best way possible to build a life they want, have financial freedom and add value using their unique talents. We also know that money can give us more time, freedom and choice. And isn’t that what we ultimately want for those we love?

Its time to live the life of your dreams and not the life of your means! Financial freedom starts with financial education.

Email us to find out more about the programme and how we can support you and your teens in becoming more Money Savvy.

www.moneysavvyhumans.co.za kathryn@moneysavvyhumans.co.za