We all inherently know that experience is the best teacher. It is not a new concept. But a couple of years ago, I was working with a graduate student from Arizona State University (ASU) who was studying the effectiveness of the CASHFLOW game as one of his projects. In his research, he had come across The Cone of Learning by Edgar Dale. The Cone of Learning absolutely validates the need for and value of experiential learning.
I was thrilled with the validation that the Cone of Learning provides to our efforts in developing experiential learning tools. However, I was also extremely disappointed to see that little change has occurred since Dale released the Cone of Learning in 1969. Why on Earth has our educational system NOT responded to this valuable information by developing more experiential learning tools?
Please take time to study the Cone of Learning and think about how it applies in your life. Develop your own personal stories that you can share with your children about how you have learned various things during your lifetime. Share your experiences, both successes and "learning opportunities" with your children. By telling your family how it applies to you personally, you make it more real.
THE BEST WAY TO LEARN IS TO TEACHI have often heard it said, and it is even in some of the bestselling books I co-authored, that the best way to learn something is to teach it. I totally agree, as long as you are honest with your students! You may feel uncertain about teaching your children about money, or helping them start a small business, because of your own uncertainty. This is why we created this product. By learning together, you are not only teaching your children essential lessons and skills, you might actually learn a few tips for yourself through the process!
By mastering the ability to “create a business” and to make money doing it, you will see an increase in your child’s self confidence and sense of self esteem.
One of the greatest fears we live with is the fear of running out of money. Adults struggle with that fear all the time.
- What if you could prevent that fear from ever entering your child’s mind?
- Imagine the power and self-confidence your child will develop.
- Imagine your child being in control of money instead of being a slave to money.
- Imagine the advantage—the competitive edge—your child will have with this knowledge and ability.
