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Give Your Kid Problems To Solve Using Everyday Items

Team AckoFeb 24, 2025

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Financial Literacy for a Secure Future

Your child at this stage is capable to handle small, basic problems in everyday life. Foster creative ways of using new and diverse items to facilitate problem-solving skills in your child. You can use things which he encounters on a daily basis, but which are not part of his play. For example, you can give him a lock and some different keys. Let him fit each key and find the correct one. Give him a jar with different-sized lids and let him find which one fits.
If he asks for help or gives up, offer some advice or tips, but curb the impulse to jump in and solve the problem for him. This will teach him that he can do things independently without having to always rely on someone else.
If your child gets frustrated or stuck, teach him how to deal with the situation by keeping calm, looking at the problem from another angle, and trying a new or different approach. This will teach him valuable lessons for dealing with real-life problems as he grows older.

Financial Literacy for a Secure Future

As your child grows, every moment becomes an opportunity to nurture their curiosity about life. Why not introduce them to practical lessons that will shape their future? Concepts like saving, budgeting, and planning aren’t just about money—they’re about building a life of security and stability.

Take life insurance policies, for example. Rather than viewing it as a complex financial product, you can explain it as a promise to protect families and secure dreams. By planting these seeds of knowledge early, you’re giving your child the tools to grow into a confident and responsible adult who understands the value of financial planning. Teaching your child about practical tools like term insurance, such as 1 crore term insurance, can be one of the great lessons. Demonstrating how a term insurance premium calculator works may help your child learn the importance of planning, with explanations adjusted for their age and understanding.

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Disclaimer: This content is for informational purposes only, based on industry experience and secondary sources. It is not a substitute for professional advice. Please consult a qualified expert for health or insurance-related decisions. Content is subject to change, refer to current policy wordings for specific ACKO details.

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