ACCORDING TO THE AUSTRALIAN Institute of Family Studies, Australian children are being affected by the long work hours endured by their parents.
A study of 10 and 11 year olds with a working mother or father found that 35% felt their father worked too much and 27% said their mother worked too much.
It's no surprise that children spell love T - I - M - E. So these results may not be all that unusual after all.
Parents were also feeling the pressure, and finding the right balance between the demands for paid work and the demands of children is often a very difficult prospect.
I've always been a big fan of working my head off so that when I'm with my kids I'm truly present. I feel the difficulty lies that when some parents are with their children, they're not really WITH them.
They're thinking about work, their relationships and what it will take to get that project completed on time. They're distracted, and their children feel this disconnect. I feel that it's not just the time away from their children that's the problem, it's also the lack of focused attention and eye contact that they offer their children when they are with them.
If you're working like a Trojan, learning how to trade, just know that a brighter future awaits you. A time where you won't have to exchange hours for dollars and where you can live by your wits, earning in a few hours what others earn in a month.
With dedication and support, that time may be closer than you think. Sure, you have to be prepared to get your life a little out of kilter to begin with, and be willing to see the world through different eyes - but the results are worth it.
Don't you think?
Your kids certainly do.
There’s a double crunch here because parents are starting to doubt that their children’s futures will be bright. At the recent World Economic Forum, managing director Lee Howell said that "financial woes are driving parents to fear for their children's future."
Mr Howell continued, "For the first time in generations, many people no longer believe that their children will grow up to enjoy a higher standard of living than theirs."
I have to admit - this terrifies me. Not only will this type of thinking clamp down on prosperity thinking, it's likely that these attitudes and 'money scripts' will be passed on to the next generation. Instead of being surrounded by feelings of abundance and opportunity, parents who feel this way are likely to fill their children's minds with fear.
Unless you make a stand and stop this type of thinking in your household, it is very likely that this will become a self fulfilling prophesy. Find a child today and fill their thoughts with positive views about the availability of money in their future.
Tell them that if they work hard enough, they can achieve anything that's humanly possible. Refuse to listen to the poverty mindsets of those who try to poison your children's future.
Curious about the sharemarket? I’m not surprised. If you feel that there are some areas you need to improve with your trading and your mindset, grab my free newsletter and free 5-part e-course from www.tradinggame.com.au. I’d love to be by your side as you progress on your trading journey.
Louise Bedford (www.tradinggame.com.au) is a full-time private trader and author of four best-selling books – The Secret of Writing Options, The Secret of Candlestick Charting, Charting Secrets and Trading Secrets.