Harvard University reveals that financial success in adulthood is not correlated to grades, but rather to these 3 qualities

The success of children in the future is not highly correlated with grades, but depends on many other factors.

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Every parent wants their child to excel academically, to be proud when their child’s high grades are recognized at school. Many parents even put pressure on their children because of their academic achievements. However, a study by Harvard University in the US has shown a different perspective. According to the research, successful individuals who are good at making money do not rely on their academic achievements in school, but rather on three qualities:

Boldness and prudence

Being bold and daring is a quality of successful people. A shy child will not dare to take any breakthroughs. When a child dares to do things that others don’t, they have the opportunity to create their own career achievements. Wang Yung Ching, the founder of the Formosa Plastics Group, had to bear a debt of $600,000 when he first started his business. However, his decision to start the corporation was not impulsive but based on thorough market research, realizing the future potential of the industry. This means being bold but with caution and a solid foundation, not reckless. Being bold leads them onto a new path, thinking and doing what others dare not. Being cautious ensures they stay on the right track and avoid foolish risks.

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Financial management skills

As people often say: “If you give up, you will achieve.” This means that a person who can make money must know how to spend and manage money. “Stock market guru” Warren Buffett has a special understanding of money management due to the influence of his family from a young age. When he was just 5 years old, Buffet opened a lemonade and candy stand, sold used golf balls, soft drinks, and newspapers. Thanks to his early experience in managing money, he became successful as he grew up. It is important to train children in financial management skills. A person who can make money but cannot manage it will lose it. A person who only hoards money without knowing how to invest will let it go to waste.

Flexibility of mind

When it comes to flexibility of mind, we have to mention Jack Ma, a billionaire who has participated in many events and speeches over the years. Almost every time he has to interact and ask questions with journalists and guests, Jack Ma not only expresses many viewpoints and shows a sense of humor but also often comes up with wise responses. This is thanks to his flexible mind. A flexible mind helps children quickly grasp new things, explore problems and phenomena, and find better solutions. A flexible mind requires good logical thinking to perceive issues. Cultivating flexibility and logic in children gives them agility, always keeping up with changing circumstances.

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Therefore, instead of pressuring your child to study for high grades, parents should focus more on equipping their children with essential life skills. School grades are not meaningless, but they do not determine your child’s future based on the qualities they possess as mentioned above.

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