CHILD DEVELOPMENT PEDAGOGY

Detailed explanation-1: -While money can’t buy freedom, having enough money to not only meet your basic needs, like food or shelter, it gives you the freedom to choose what you want to do, when you want to do it. Tired of your boss or job? You’ll have the freedom to quit, if you want, which makes any job more palatable.

Detailed explanation-2: -Financial freedom usually means having enough savings, financial investments, and cash on hand to afford the kind of life we desire for ourselves and our families. It means growing savings that enable us to retire or pursue the career we want without being driven by earning a set salary each year.

Detailed explanation-3: -Wealthy people take risks to learn new things, develop new skills, and expand their comfort zones. They are likely to start a business and invest in businesses and/or real estate. All of these actions require risk but can also offer substantial rewards. What wealthy people DON’T do is gamble!

Detailed explanation-4: -In many respects, the world would benefit from an obligation on the rich to give to the poor. The mortality rate of those living in poverty would decrease and their quality of life would increase. Many see selflessness as a quality bringing happiness, so the rich themselves may benefit from helping others.