Expert Tips: Empower Your Kids for Uncommon Success by Teaching this Overlooked Skill

March 10, 2024

Parents often harbor concerns about their children’s future success and well-being, pondering whether they will lead fulfilling lives and secure stable employment. Every child progresses uniquely, but certain strategies have demonstrated efficacy in nurturing successful offspring.

Outlined below are five approaches recommended by psychologists and parenting specialists to empower parents in fostering their children’s future triumphs.

Emphasize self-assurance over self-worth

While “self-confidence” and “self-esteem” are commonly used interchangeably, educational psychologist Michele Borba distinguishes their significance in cultivating successful children. Self-esteem reflects one’s overall self-perception, whereas self-confidence pertains to belief in one’s capabilities within specific contexts. Research indicates that self-confidence plays a pivotal role in future accomplishments by reinforcing children’s faith in their skills and efforts, leading to positive outcomes such as academic achievements and athletic prowess.

According to Borba, genuine self-confidence stems from overcoming challenges, devising solutions, and rebounding independently from setbacks. To nurture self-confidence in children, parents should encourage them to tackle challenges autonomously, allowing room for both success and failure. This approach enables children to learn resilience and persist in the face of adversity.

Instill self-discipline

Studies suggest that self-control is a key predictor of future success. By teaching children to resist distractions, manage emotions, and regulate behavior, parents can cultivate intelligence and motivation. Noted psychology expert Nir Eyal recommends initiating discussions on time management with toddlers, introducing the concept of prioritizing essential developmental activities. Games like freeze tag and “red light, green light” can serve as playful avenues for honing self-discipline in children.

Foster independence

Child psychologist Dr. Tovah Klein underscores the significance of self-motivation in children’s development, alongside confidence. Collaborating with children to establish expectations regarding daily responsibilities such as preparing for school and engaging in extracurricular activities can bolster their autonomy. Bestselling author Esther Wojcicki advocates for entrusting children with tasks and decision-making to enhance their sense of empowerment.

Embrace imperfection

Encouraging children to embrace imperfection and view mistakes as learning opportunities is vital for their growth. By demonstrating empathy towards their failures and setbacks, parents can help children maintain confidence while navigating challenges. Research indicates that perfectionism does not guarantee future success and may contribute to mental health issues like anxiety and low self-esteem.

Cultivate financial literacy

Introducing children to financial concepts early on, such as earning, spending wisely, and saving for the future, is crucial for their financial well-being. Teaching financial literacy equips children with essential life skills often overlooked in traditional education settings. By engaging children in practical discussions about money and encouraging responsible financial habits, parents can empower them to make informed decisions and plan for their financial future.

By implementing these strategies, parents can play a pivotal role in nurturing their children’s success and preparing them for the challenges of adulthood.

Looking to secure your dream job in 2024? Enroll in CNBC’s comprehensive online course, “How to Ace Your Job Interview,” to gain insights into the hiring process, body language cues, effective communication strategies, and negotiation tactics. Exclusive to CNBC Make It readers, enjoy a 25% discount with the code 25OFF.

Sign up for the CNBC Make It newsletter to receive valuable tips and insights on achieving success in your career, managing finances, and enhancing your overall quality of life.

I took a $2.5 million loan to start a fashion brand — now it brings in $100 million a year
Close
Your custom text © Copyright 2024. All rights reserved.
Close