Creating Opportunity for Our Children's Future

"It's difficult to make predictions, especially about the future." ~Yogi Berra

With the advent of AI, I'm still think the following are good areas for our kids to learn and improve their opportunities in their future.

• Higher Education - IMHO, there are two paths to take.    Education for a degree in well paying profession such as engineer, doctor, and veterinarian.   While getting a professional degree, broaden education to develop critical thinking ability.
  
  If my kids aren't getting an educational degree in a profession, I would recommend getting a job and get a broadening education while employed.
  
  
• Skills Identification/Development -  Learn what they are good and and develop.  I like the Japanese Ikigai approach of finding a blend the following for successful job:  What you love; What you are good at; What the world needs; and What you can be paid for.  My role as a parent is the help them learn what they are good at. 
  
  A good approach to finding what kids are good at is to give them the opportunity to try a lot of options.  In my kids case, this led to a few things sticking, which is great.  I also believe that people should do something they love, but not necessarily for work.   Playing sports/a musical instrument, or a hobby is a great opportunity for loving what one does.  It also is a great anchor for future social relationships in school or work.
  
  
• Reading, Science, Art and Music Experiences Development.  This will enhance creativity and innovation copiabilities.   AI is based on knowledge that already exists.   Humans are still needed to deliver "new" through creativity and innovation.   AI may be able to assist in creativity and innovation, but won't be the main instigator.  Creativity and innovation capability will be the great differentiator in one's future employment.  
  
  
• Personal Finance Skills Development -  Personal involvement in effectively managing money is even more important than making money.   This is the quiet part of personal finance that few people talk about.  Just paying someone to invest, do taxes, plan estate transfers, etc. is not enough.  One needs to sufficiently involved and educated to make good decisions.

Doing the above will give our kids a good start for succeeding in the future.

For more on New Beginnings, check back every Sunday for a new segment.

This is not financial, higher education, nor child raising advice. Please consult a professional advisor.

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