Learning about Finance Management from Classic Folk Tales
Since antiquity, many allegories and tales have been made for the purpose of not only entertaining children, but also in to educate them about various moral lessons that will build up their characteristics and how they should tackle their lives as they grow. Even films made by Disney that has been transformed into classic tales are imbued with vital lessons which children will greatly benefit from.
Despite there being a plethora of films in the Disney line of products, majority of them delves deeper into improving social aspect of children along with their capability to execute decisions. Other than socializing and decision-making however, there are also a few on their collections that are equipped with lessons regarding money and how to handle and look after it.
The Little Boy with his Nuts
There was a day when a child found himself with a jar filled to the brim with nuts which then made him put his hand inside it, getting an enormous amount of the nuts that can fill his hands. The unfortunate event happened and the kid found his hand awfully stuck inside the jar which was later given solution by a man passing him, who told him that he should find satisfaction with less nuts to get his hands out from the jar.
Achieving financial goal can be further improved with the help of the lesson in this tale as it imparts to its readers the importance of not challenging too much than you can handle as it is wiser to pick challenges that you can conquer. One small challenge at a time can get you ultimately closer to that financial goal you’ve been vying for, making it important not to be too ambitious and instead, taking it slowly but surely.
The Pinchpenny Elder
Once there was an Elderly miser who found himself wanting to get a massive hunk of gold to the point where he surrendered and sold all of which he possessed. The man gave the gold a good burying spot for safekeeping but was unfortunately robbed away from it during his sleep, which then left the man empty-handed, broke and continuously complaining about a loss which was already evident from his lack of wise idea for it.
The golden lesson that can be derived from the story of the old man, is to make sure that you always utilize your money and not let it stagnate like what the old man did when he buried the gold. By doing what the old man did, you can even end up relying on installment loans for people with bad credit, which may end up lessening your credit even more and continuously damage your reputation sooner than later. With this kind of possibility, it is vital that you always plays any extra money you have in savings or investment, in order to guarantee yourself that they will be improving in times to come.