Allowance Secrets – To Give or Not To Give?

As you may know by now, I have a passion to help young people become financially well educated and some while ago I met another entrepreneur on the internet who is also passionate about helping kids with their money.

Let me introduce her:

“Amanda van der Gulik is a homeschooling momepreneur and very savvy young woman who is giving away a terrific e-book called, “Allowance Secrets: To Give Or Not To Give?”, which will help you make up your mind on whether or not to give your kids an allowance.

She has spent months compiling over 200 pages of valuable and helpful information about the financial repercussions of giving your children an allowance, or not.”

Amanda knew that I shared the same vision, although I am focussing more on teenagers upwards and she asked me to write a chapter for her “Allowance Secrets” ebook.

I was extremely flattered to be asked as I am still just getting involved in this area, but I wrote my chapter and I have since had the opportunity to look at this ebook myself.

It is an amazing and thought provoking collection of ideas and suggestions about allowances. Most importantly the overall idea behind the book is that there is no right or wrong answer to this question and that parents should make their own decision about what suits them best.

This is a really useful book which is broken down into various sections so that you can look at the one that suits your own ideas and read what each author has to say, but you can also look at the other sections and have the information to weigh up for yourself.

With the amount of work that has gone into this ebook I am surprised that Amanda has decided to give it away, but she, like me, is passionate about getting this information out to those who need it. By not charging for it she can make sure that those who will benefit from it can have access to it.

I applaud what she has done and I would definitely recommend that you download a copy for yourself or for someone you know who has children or grandchildren – or might be planning to have children!

Here is what Amanda has to say about the book itself – I thought that I would let her own words speak for themselves:

Kids Allowances

People seem to ask the same questions about kids allowances again and again.

“Should I give my child an allowance?”

“How much should I give my child as an allowance?”

“When should I start giving my child an allowance?”

“Will an allowance ruin my child’s entrepreneurial spirit?”

Allowances are a very touchy subject and it really comes down to each individual’s personal strategies for financial education for their child. Teaching children about money can be very difficult and confusing for the parent as well.

Most of us were raised with the value that “money is evil”, or “you don’t need to have money to be happy.” But have you had a good look around you lately? Can you find me a family who are in a lot of bad debt that are not stressing about their finances? Maybe money doesn’t make you happy but not having money will make you a lot more unhappy, I can tell you that for sure.

Just imagine, you have a recurring income of more than $10,000/month. How would that feel? Would you feel stress-free because you are now able to pay off all of your expenses and thereby not create any bad debt? How will you feel when you have money left over at the end of every month instead of living paycheck to paycheck?

What if you were financially able to give away 10% of your income, every month, without even noticing the financial impact? What would you give it to? Who would you like to help? How would it feel to be able to help others in need with the extra money that you are earning without even feeling the financial impact? It would be a pretty awesome feeling right?

So how does this tie into the topic of allowances?

Some people suggest that allowances are a way to teach their children about money. Others suggest that allowances gives their kids the chance to learn to handle money without losing their shirt.

Here are some of my own suggestions on the topic to get your financial juices flowing.

Maybe when we give our child an allowance it might start to create the feeling of entitlement in our child?

What if by giving our child an allowance we were actually hindering their financially creative minds?

Would they be so used to just getting money that they wouldn’t even bother to come up with creative new ways to earn their own money?

And what about pride of ownership that comes when we are finally able to acquire our dreams by our own means instead of just as a gift from someone else?

These are just a few of the topics discussed in Allowance Secrets.

Allowance Secrets is the ultimate Guide to allowances. Over 20 experts have contributed to this project.

I would love to hear your feedback about this book. Was it useful to you? Did you learn something new? Did it make you change your ideas about allowances? Was anything missing that you would like to see?

I can then pass this feedback on to Amanda so that together we can all help to get the best information out to as many parents and grandparents as possible. After all these will be our future business leader, bankers, politicians etc!

What can Mind Movies do for us?

The past few months have been a time of reflection:

I am sure that I am not the only one who has gone through these thoughts (and plenty others in the same vein).

As I learned more about Internet Marketing, through Alex’s coaching, my contacts with other students and general reading and observation, I found myself focussing more on why I was doing this.

I came to the conclusion that it was because I was sick and tired of all the struggling in my life, that I knew I was capable of more and that my life (and that of my family) could and should be so much better.

So what has been holding me back?

After all I am an educated, intelligent person. I am honest and hardworking. Why have I had to cope with so many difficult situations relating to finance, work, family etc?

I deserve better and I certainly want more freedom in my life than I have had until now.

So I have been looking into the power of my own mind and those things which have held me back. I have been reading about the Law of Attraction and other related subjects.

Although there is so much to learn and try out in these areas, one thing that I have realised is the power of our mind is so great if it is correctly channelled.

There are many diferent ways of doing this and one is through the use of written affirmations.

I have to admit that I have struggled with this, so I was looking for something else that would help me to focus my mind and to use its power to achieve those things that I was aiming for.

I had heard about Mind Movies through Amanda van der Gulik and her Teaching Children about Money website (as many of you know this is the area that I am working in now).

I hadn’t really done much about it, but she emailed me recently that Mind Movies were doing a new launch and were giving away six pre-made Mind Movies. I decided that I had nothing to lose and since I have started working with Amanda I trust her judgement.

Well I went to have a look at what was on offer and I was really excited by what I saw and by the possibilities it presented.

I downloaded the pre-made Mind Movies and began looking at them regularly. Now not all of the images and words in these pre-made versions will suit us all, but they are written and designed to touch many aspects of our lives and there will be something for everyone. If you want to see these pre-made movies for yourself then check them out here.

By looking at these pre-made movies I have been thinking about what I wanted to put into my own movie(s) and so far I have come up with some things, but I know that there are plenty more to come – after all I want the best for my life and that of my family.

Mind Movies has just reopened and so I have bought the information on how to make my own Mind Movie. This includes $2000 worth of bonuses which are really good – including Amanda’s pre-made Mind Movies for Kids and a free upgrade to the next version of Mind Movies when it comes out later on (though this is a limited offer).

There are some other upsells with this package, including 7 Secrets to Happiness by Natalie one of the Mind Movies team and Lynda Dyers’ How To Series of videos, which I have also purchased. Finally there is the option of the coaching course, which I haven’t currently taken because I am doing other coaching at the moment and need to concentrate on one thing at a time!

There is a 30 day trial to Subliminal Success Accelerator which can be cancelled before payment begins. This allows you to watch the Mind Movies in the background of your normal desktop view. You can continue to work as normal whilst it is running, but you can adjust both the sound and opacity levels to suit your own working environment.

I tried this out this morning with one of the pre-made movies (as I haven’t yet made my own). It is a really excellent way of keeping images, thoughts, words and sounds (if you want) in front of you without having to stop and look at something else. We recognise the power of subliminal images, so this is a great way of putting our own images in front of us, instead of being bombarded with negative and other unwanted images from outside. You can set up several movies which can be left to run all day if you want to, just turning up to full viewing at the beginning and ending of the day (or whenever you want to).

There is plenty in this package to keep me occupied for a long while and as it helps me to achieve my goals (and keep me out of the gaols of negativity, self doubt etc.) I know that it will be worth it.

However I need to take ACTION. Last night I read Gary Simpson’s new ebook: “The Internet Marketing Mindset – How to Program YOUR ‘Newbie’ Mindset For Internet Marketing Success.”

Well, as I commented on Gary’s blog he has been reading my mind again. This is so much in tune with where I am at the moment. I urge you to go and download it as there is so much great information in there, as ever. Then do leave Gary a comment once you have taken advantage of his generosity in giving away this ebook.

Without action, all our reading, looking, and imagining will remain just that – dreams.

So to keep myself on track I have decided that I will post regularly here about how I am progressing with both the MindMovies and the other upsells I have purchased.

I would love you to help keep me on track with this by following my journey and subscribing to my RSS feed for new updates. Please feel free to comment on this and if anyone else purchases this Mind Movies creation kit let me know how you are getting on with it too.

I am sure that by using this tool well I will start to achieve my goals – Amanda van der Gulik says that since she started using Mind Movies last year she has achieved 3/4 of hers and there are plenty of other testimonials from people who have used this method.

After all if Frank Kern has used this method to help him achieve his success then I’m sure that Mind Movies can do this for us too!

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