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Your Child Needs A Stronger Self Esteem Now For Better Emotional Development

Team AckoFeb 11, 2025

At this stage, building self-esteem in your child is very necessary as this boosts their confidence and helps the child to develop pride and self-respect in themselves, as well as in what they do. Your child is slowly facing life’s challenges now and they will get to know their abilities through the challenges they face at this age, and learn how to go beyond them to gain success.

What you need to know
Let your kid experience new situations, make new friends, play challenging games. These help to enhance their confidence. Let them make mistakes (not with harmful result though) and learn from them. When you have set rules for their discipline in studying, playing, household chores, make sure they follow them, and applaud their efforts on completion. This will build their self-esteem as well as make them follow the discipline set by you.

Contents

Planning for Your Child’s Financial Security

And if you made a slip-up, acknowledge it and apologize – this teaches your child, who still looks up to you for guidance, to accept their own mistakes and get over them. Do note that acknowledging the good aspects in your child and encouraging them is more important and goes a long way in them trying out new challenges than just praising. Praising is making them look good, encouragement makes them feel proud of their effort in doing something.

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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