I hope my lockdown video for this week will help and amuse you! The points in it are so important that I’ll list them again in this post.
- START WITH A MORNING WALK – it’s VITAL. With gyms in Sydney still closed, it’s even more critical. Don’t lie in bed ruminating with “Should I get up or not? … it’s cold … I’ll do it tomorrow … “. Sound familiar?
I absolutely promise that the very day you start this new routine you’ll never look back. Your eyes and your cheeks will glow, you’ll feel more positive, and tackle the rest of your day with more energy than you thought you had. In fact, some people I’ve talked to have slowly cut their dependence on antidepressants with regular walks. Its effects are even better in the gym, once it reopens! Read the 20 Benefits of Walking in Move! 1.0 again.
- Have CITRUS FRUIT and at least 2 glasses of water before your walk. After 7 hours or so of sleep, you must hydrate! Water stimulates your colon – perfect with your walk to prevent constipation.
- FREE YOUR MIND while you walk. Look at the trees, the sky, listen to the birds. No talking on smartphones – especially if the kids are out with you. The hour or so you have on your walk is precious. Don’t waste it. Attend to any young kids at home, and then take them out with you.
- Use your family lockdown time WISELY. Infants and toddlers can be draining I know, but try talking calmly to them, sing a song together or hum a tune.
- Teach kids HEALTHY EATING. Start with helping them understand the body’s digestive process. Knowing how their heart, lungs, liver and kidneys function reinforces the importance of eating and exercising well. Read my post on ‘Sweet Addicts, Healthy Kids’. There are excellent books available suitable for kids 5 years and up, and I’ve put up a couple on the video. Order 1 or 2 online if you can – I recommend the Australian site ‘Booktopia’.
- Teach kids to SAVE. Principles of building wealth and saving is what ALL children should be taught – and it’s your job! Critically they must learn that money is not about greed and power, but having choices and being financially independent. Start with credit card debt. $1000 owed could double and even triple over time if not paid off in full. But saving only small amounts can increase month after month, as long as they keep saving.
- Teach kids SHARES – from as early as 8! If they save only $500, you can buy shares for them until they turn 18.
Explain bank interest to them, and how today’s rates are so low that shares are the go. If they’re mature enough, throw LICs and ETFs at them. I cover this in Invest 3.0. They could buy a share in a store they actually go to, eg. JB Hi-Fi or Athlete’s Foot.
They love their smartphones don’t they? Do they know who their phone internet provider is? Telstra, TPG or Aussie Broadband perhaps?
Ask them what they think their phones and iPads are made from? Statistica.com provides very useful smartphone data for them to look up – eg. iron, lead, zinc, tin, copper and aluminium to name a few. Now, which ASX companies produce these materials? BHP and Rio Tinto are 2.
Get the kids to pick 2 stocks each, eg. JBs and Athlete’s Foot. They can start a ‘pretend’ watchlist on the ASX website. Check the share prices with them often. At least 1 person in the family will be hooked, want to know more and do their own research – exactly what happened with me. I sat with Dad everyday while he showed me his list of rubber and tin stocks!
Now, isn’t this so much better than talking about nothing or posting on social media? Time is their greatest asset: make sure they know how to use it!