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		Brent Prockish Brent Prockish Team at Total Lending Concepts Phone: 913-444-9194 License: 229476 Brent@TLCLender.com www.BrentProckish.com

May 2011 April 2011 March 2011 February 2011 January 2011 December 2010 November 2010		Wanting What's Best for Your Children Ensure Your Family's Future Happiness and Success Remember, we all want the best for our children. In terms of the life path children will choose, this sentiment has two meanings for the parent. The first has to do with your children's happiness, and their ability to carve out a niche in a field that truly makes them happy. The second is your children's financial stability as an adult; the ability to make choices that will set them up for a relatively comfortable future. What Makes Your Child Happy? We've all heard that when it comes to happiness regarding one's chosen profession, it's all about getting paid for something you'd do for free. If you agree with this philosophy, then applying it to your children requires figuring out what they'd do "for free". What makes them tick? What are they drawn to? Where do they naturally excel? So often we can look at other parents and see them living vicariously through their kids. The really hard part is figuring out if we're doing the same thing. Are your kids involved in every activity imaginable? Do they have somewhere to be (aside from school, of course) every day of the week? Take a step back and ask yourself not only if those questions apply, but does it sound like fun? So much of childhood is about fun experiences. Sometimes it's actually the "fun" part of life where kids learn their most valuable lessons, like kindness, team work, and self-esteem. No one is saying extra-curricular activities are a bad thing. Actually, when handled correctly, they also teach the aforementioned lessons a child needs to learn. What's important, however, is to think less about where you want your kids to excel and more about where they're inclined and what they enjoy. If you're going to crack down on anything, make it schoolwork. That's something you can make a case for no matter where a child's interests lie. This attitude, along with attentiveness to the child, is where to begin when trying to figure out how your child thinks. Take notice of the things they like. Are they an athlete or an artist; a musician or a mathematician; a teacher or a humanitarian? Or, do they show shades of a few things? Remember, it's not important that your child does everything with skill. Sometimes, it's more important they just have a good time doing it. Once you figure out the happiness part, guiding them in the right direction gets a little easier. What Can Help Your Child Succeed Financially? The second issue that's a part of wanting the best for our kids has to do with financial stability. Everyone's heard the adage, money can't buy happiness, but how many of us truly believe that – at least, to a certain extent? Truth be told, it's not the money that buys happiness as much as it is the peace of mind that comes from financial stability. So let's start there. Let's start with the idea that it's not important for your child to make a ton of money; rather, it's for them to become financially stable. How do we accomplish that? For starters, it never hurts to begin teaching them about finances at an early age. Get them to understand the idea that money doesn't grow on trees. Rather, it's something you work for, oftentimes really hard. An allowance is a good place to start. Let them deposit their own money in the bank, and show them how to keep track of it. As they get older, don't be afraid to demonstrate things like how to balance a check book. Have discussions regarding some of the pitfalls of credit cards. The point is that it's important to address this stuff, and don't assume that your child is going to learn it on their own. Once a child has an understanding of how to make money, as well as how to hold on to it, you are well on your way. The next step is helping them figure out what they'll do to earn a living. For this, go back to the first item we discussed, figuring out what makes them tick. If your child wants to be a doctor, chances are that as long as they get into medical school, they're going to be alright. But what if your kid is an artist or a musician – potentially lucrative professions, with the emphasis on "potentially"? This is where having a "Plan B" comes into play. Support your child's dream with the utmost energy but encourage them to develop a back-up plan, utilizing the very same talents. Musicians, artists, and those with similar talents can teach these subjects, write about them, own businesses pertaining to them, and the list goes on. Whatever the case may be, it's your job as parent to point out the different options. Good luck to everyone who's a parent, for your job is more difficult than any profession your child will ever choose.

Total Lending Concepts NMLS #1043976 (Corporate) #2348348 (KS Branch) 6900 College Blvd., Suite 800, Overland Park, KS, 66211 (KS Office) 219 E Broadway, Columbia, MO. 65203 (MO Office) You are receiving a complimentary subscription to YOU Magazine as a result of your ongoing business relationship with Brent Prockish. While beneficial to a wide audience, this information is also commercial in nature and it may contain advertising materials. INVITE A FRIEND to receive YOU Magazine. Please feel free to invite your friends and colleagues to subscribe. SUBSCRIBE to YOU Magazine. If you received this message from a friend, you can subscribe online. UNSUBSCRIBE: If you would like to stop receiving emails from Brent Prockish, you can easily unsubscribe.

Brent Prockish Team at Total Lending Concepts 6900 College Blvd., Suite 800 Overland Park, KS 66211

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