FINANCIAL FREEDOM: PRACTICAL LESSONS FOR CHILDREN
June 14, 2021
Financial freedom implies that you get to make life decisions without being overly stressed about the financial impact because you will be prepared.
In order to minimize or avoid the financial entanglements which results in complications in the long run, the behaviour of financial discipline has to be inculcated into children at a tender age.
Showing children how to be financially savvy involves teaching them the basics such as how to budget, earn, spend and save that will establish good money habits for life. Money management is a vital life skill and it is never too early to teach our children about this important life skill.
At a young age, children need to be taken for grocery shopping and given real money to manage for themselves as that enable them to learn responsibility and decision making.
Also, children need to understand the need for saving therefore, from their money they should be able to save, spend and give while being able to explain the rationale behind their decisions. A piggy bank is also a great idea, but teach it visually. Take a clear container and make a big deal about how the container is filling up – the growing aspect of money, having more than the day before.
Furthermore, they should know the benefits of paying bills on time as delaying can attract high interest as well as tarnishing the credit record. Monopoly is a very good game to encourage many different 21st century life skills including strategy that offers ways to manage your money while teaching you about guiding a secure financial future.
Another important lesson that children should be taught at a young age is entrepreneurship, as having a hands-on experience of running an enterprise enables them to grasp lifelong lessons which can come in handy in the long run whether they fail or they succeed.
Financial freedom is a result of a disciplined behaviour premised on the SAVE
, SPEND
and GIVE
notion.

At Gaborone International School, we often speak to parents who carry both excitement and concern about their children’s future. Many wonder whether their child will cope with academic pressure, adapt to independent living overseas, stay emotionally strong, or successfully compete in an increasingly global world. These are very real concerns, and as educators, we see it as our responsibility to prepare students not only for examinations, but for life beyond school. Academic excellence remains a strong foundation. Through the Cambridge IGCSE curriculum, students develop internationally recognised qualifications that open doors to universities around the world. Our students consistently achieve outstanding results, and many can study abroad directly after IGCSE without needing AS Level studies. The strength of First Language English at GIS, together with the fact that learning and communication across the school happen in English, also gives students an important advantage when applying internationally. However, future success is about far more than grades alone. To prepare students further, GIS regularly hosts visits from international universities, including institutions from South Africa, Switzerland, and Canada. These engagements help learners and parents better understand global opportunities and career pathways. Students also participate in excursions to companies, institutions, and factories, giving them valuable exposure to different professions and working environments. One of the greatest transformations I have personally witnessed involved a student who began as extremely shy and reserved. She rarely spoke publicly and lacked confidence in her abilities. Over time, through opportunities provided by the school, she slowly found her voice. Today, she runs her own student career guidance consultancy and even speaks at national events. Her journey is a reminder that confidence can be taught, nurtured, and developed when students are consistently encouraged to step forward. GIS intentionally creates those opportunities. Students participate in debate and public speaking clubs, present during assemblies from Form 1, facilitate workshops, elect class monitors, and choose their own sports captains. During Entrepreneurship Day, students run their own business stalls and experience real decision-making, teamwork, and responsibility. Through Culture Week, students celebrate diversity and learn to appreciate different backgrounds and perspectives. These experiences help students become adaptable, confident, and culturally aware — qualities universities and employers increasingly value. Equally important is learner support. We understand that academic pressure can affect confidence and well-being. GIS has a resident psychologist who supports students emotionally and psychologically, while our restorative approach to discipline focuses on growth rather than punishment. I have seen learners who once struggled with anxiety and mental blocks go on to perform exceptionally well in their final examinations because they felt supported, understood, and guided. The world our children are entering is also rapidly changing technologically. GIS responds to this through Robotics, EdTech, and a strong focus on future-ready skills. Together with the ADvTECH Global Competency Skills and RDI (Respect, Diversity, and Inclusion) frameworks, and Community Service programmes, students are taught adaptability, collaboration, leadership, empathy, and responsible global citizenship from an early age. Ultimately, our goal at GIS is simple: to help every learner achieve their aspirations. We want students to leave our school academically strong, emotionally grounded, culturally aware, and confident enough to thrive anywhere in the world.



