Kids learn a lot by doing and through experiences. There are several childhood experiences that help kids learn useful skills that will benefit them in their adulthood. A key experience that every child should have at least once is some form of a fundraising activity. Fundraising helps teach children valuable life skills that can lay a foundation toward their future.
Teamwork
In essence, fundraising is a means for reaching a common goal. Whether the school needs $1,000 to fix their roof or new equipment for gym class, teamwork is needed to raise the required funds. It’s important that kids learn to work efficiently toward the same overarching goals as a team. Synergistic teamwork is a skill that’s needed in school and in the workplace. As children go into higher grades, they will be tasked with group projects with classmates who they may not know as well as their friends. In the workplace, teamwork is essential among co-workers to get the job done.
Money Management
Children participating in a fundraising effort learn that time is valuable. When fundraising, the organization must save the money in its entirety until the monetary goal is reached. Children seeing this responsible act will learn that they must also save their money as adults to pay their monthly bills or to save up for something they really want. Instead of asking their parents for that cool new bike, the child will learn to save their allowance earnings, birthday and holiday money, and any money made by their own efforts to purchase the bike once they’ve reached their specific monetary goal.
Handling Rejection
Being told no is just a part of the fundraising experience. Not everyone is able to monetarily support a fundraising cause. Learning to handle rejection will help children to handle situations at home, school, or the workplace. At home, parents may not be able to afford a new toy due to household expenses. Maybe he or she wants to do a free time activity at school, but too many kids are already doing the activity. Whatever the situation, children will learn how to better handle rejection if they’ve taken part in helping out with a fundraiser.
Participating in fundraising efforts is a whole new experience for children. Exposing them to this activity early on will help them to develop teamwork skills, money management abilities, and the ability to handle rejection. These are all key skills to learn for adulthood, so learning them early on as children will help them grow into responsible and prepared adults.
Want to teach your kids how to manage money? The Homey App can help! View our price plans here.