Why is school banking risky?

Parents and educators:

  • Would you let McDonald’s teach your children about nutrition?
  • Would you let Monsanto teach your kids about farming?
  • Would you let Rolf Harris teach your children about consent?

Of course you wouldn’t. You may even be aghast that I suggest such a thing.

…but what if McDonald’s paid you a commission on each item sold in the school canteen?

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Kidpreneurs on show at book launch

Feeling low? Get yourself around young people starting businesses. Their enthusiasm is contagious.

The 12 kidpreneurs selling their wares on Sunday 13 November at East Fremantle Yacht Club have given me enough good vibes to handle whatever life cares to throw my way for the rest of 2016.

Here’s the wrap up from the Showcase – who was there, how they went, and contact details in case you’d like to order some of their products or feature them in a media article. Read more

Bunny Money Book Launch & Kidpreneur Showcase: pre-event information

This post contains important information for event attendees including parking, opening and closing times, what you’ll find for sale from our kidpreneurs and Money School, and other activities you can do to make an afternoon of it with your kids.

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Kidpreneur Series: Stella’s Little Bursts of Happiness

Using affirmations to help you think positively is a popular and effective technique among adults. After reading affirmations written for her by her mum, Stella realised kids needed affirmations too – but they needed ones for kids. Enter Little Bursts of Happiness.

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Kidpreneur Series: Ben & Holly’s iLOOMinate Perth

Our third kidpreneur team is dynamic brother-sister duo, Ben and Holly. They’re making assorted loom bands under their catchy business name, iLOOMinate Perth. For those not in the know, a loom band is a bracelet made of plastic loops. It’s the jewellery choice of many students… and now me too after seeing the rainbow ones in their range. Read more

Kidpreneur Series: Beauty From Ash’s Products

The second kidpreneur in our series is actually the first one I’d met as part of this series. Her name is Ash. She is 11 years old and is the original inspiration behind the Showcase coming up on 13 November. I’m in awe of her commitment. As you’ll see in this article and on her Facebook page, she’s really put a lot of effort into creating a fabulous product and ensuring her business is sustainable.

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Kidpreneur Series: Jake’s Green Leaf Company

Our first kidpreneur in this series is eight-year-old Jake. I was lucky enough to meet Jake last week. I was blown away by his enthusiasm, organisation and ambitions for his business, Green Leaf Company. Read more

Calling Perth Kidpreneurs!

Are you a primary school student based in Perth with an entrepreneurial idea? We’d love for you to join our Kidpreneur Showcase at our ‘Bunny Money’ book launch.

Why are we holding a Kidpreneur Showcase?

We believe in raising entrepreneurial kids that can spot a problem or market opportunity and act on it. We’ve heard from some of our clients and seminar attendees recently about great examples of entrepreneurial thinking from their kids, for example:

  • Ash starting a lip balm business,
  • Kale and Jewel raising hens to sell their eggs and manure to neighbours, and
  • Charlotte and Leo running a curbside bake stall with a $40 loan from Mum and Dad.

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Tools for teaching children to save: Introducing Bunny Money

Want to get your children excited about saving? We have the book for you!

Bunny Money is the story of Nessa and Nate, a pair of twins getting $100 each from Gran for their 10th birthday. But that’s not all they get – the most precious part of Gran’s gift is the lesson she gives them about saving over the following year.

Buy the pack for $22 + postage and handling* Read more

Six ways Monopoly is NOT like real life

By Lacey Filipich, BEng(Hons), MAICD

In last week’s post, I expounded on my theories about how Monopoly (the board game) is like real life property investing. In the interest of balance, I’m following up with this post about the ways in which Monopoly is NOT like real life property investing.

It’s hardly surprising that a board game does not fully capture the intricacies and nuances of something as complex as property investment. I know you’re not silly enough to think you’ll get $200 every time you go around the block, and your kids probably aren’t that silly either… at least I hope not. However, it’s best not to fall into the trap of thinking Monopoly can teach you everything you need to know about property investing. Here are six ways in which Monopoly misses the mark…

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7 Ways Monopoly is like Real Life

By Lacey Filipich, BEng(Hons), MAICD

Monopoly and real life?

Monopoly? Really? Yes, I’m not talking about what Microsoft had in the 90’s, I’m talking about the board game we all know and love. Monopoly began life around 1903, originally (and quite aptly) named ‘The Landlord’s Game’. The version of Monopoly we are familiar with today was officially released in the early 1930’s and has been a staple in most Australian childhoods since then. In primary school, my sister and I spent many a holiday racing each other around the board to buy Mayfair and Park Lane. We had games that went on for several days and some that lasted mere minutes. Of course, a board game can never be a perfect replication of such a complex investment vehicle as property, but it was a great start that we didn’t even know we were getting!

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