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Your Child is Ready for Some Critical Thinking

Team AckoFeb 11, 2025

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With collective thoughts and growing understanding, your child is now ready for some critical thinking. Critical thinking is required in your child to gain confidence and make decisions on their own about certain things. It is a collection of different skills that help them in making decisions independently.

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What you need to know 
You can start your 7-8 years old on developing this skill from now. They have to be able to enjoy thinking to understand there might not be one possible solution but many to any kind of situation, and have the skill to judge what is right and which is wrong. As a parent you can introduce this habit in them academically and during school holidays.

What you can do
You can ask them to be very clear and if they do not understand something then to ask for explanations and not hesitate. Asking questions help them to think broadly. And advise them to be accurate in what they learn, provide them the means to check for the credibility. Inspire your kid to be logical in asking relevant questions to the topic in discussion and letting them explain how they arrived at the solution and whether their assumptions are correct. Teach them to be fair in the decisions they take showing empathy to others in their thinking process.

Planning for Your Child’s Financial Security

The growth and success of your child are not only associated with education and skills; the small decisions you make today as a parent firmly lay the groundwork for your child's secure tomorrow. When it comes to financial security, life insurance is an effective tool. You can choose from various types, such as whole life insurance, endowment plans, ULIPs, term insurance, and more.

You can also opt for a 1 crore term insurance policy, which offers robust coverage at low premiums that fits within your budget. You can also use a term insurance plan calculator to tailor your policy based on your requirements and your child’s goals. Remember, selecting the appropriate plan based on needs is critical so your child has adequate funds to fulfil all their dreams.

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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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