# Project Instill > Step by Step approach to teaching kids business. Focus on learning and teaching the skillsets required for tomorrow's entrepreneurs. Public Ghost content for AI and LLM tooling. Use `/llms-full.txt` for consolidated page and post context. Append `.md` to any post or page URL to get the content in Markdown (for example, `/example-post.md`). ## Pages - [About this site](https://www.projectinstill.com/about.md) - Project Instill is an independent publication launched in October 2024 by Shaf Azam. If you subscribe today, you'll get full access to the website as well as email newsletters about new content when it's available. Your subscription makes this site possible, and allows Project Instill to continue t… - [Focus Topics](https://www.projectinstill.com/focus-topics.md) - đŸ’¡This is part of Project Instill where I teach my kids (12 and 10) on business basics. As I started teaching my kids, I started learning myself. Below are the key topics that I have spent time with the kids on. The objective is to provide a simple and concise understanding of concepts. Entrepreneu… - [The Project](https://www.projectinstill.com/the-project.md) - I wanted my kids (12 and 10 years old) to have an entrepreneurial mindset - be financially literate, understand the world of business, and have the right attitude. I documented my journey step by step using what I learnt to upskill myself and to teach them. ## Posts - [Share registries in Australia](https://www.projectinstill.com/share-registries-in-australia.md) - Teaching Kids the basics of financial literacy and investing. We learn about share registries and what we do with them after buying investments such as ETF or company shares. - [ASIC Annual Review Fee for Companies in Australia](https://www.projectinstill.com/asic-annual-review-fee-companies-australia.md) - Teaching Kids the basics of financial literacy and investing. We learn about ASIC and the process to review and pay a Company's annual review fee of ASIC. - [Reinvesting dividends from ETF investments](https://www.projectinstill.com/reinvesting-dividends-from-etts.md) - Teaching Kids the basics of financial literacy and investing. We learn about dividends and what we can do with dividends. - [What is a Central Reserve Bank?](https://www.projectinstill.com/central-reserve-bank.md) - Teaching Kids the basics of financial literacy and business. Help them understand the role of the central reserve bank in a country and setting rules and regulations for the operating banks within the country. - [How do banks make money?](https://www.projectinstill.com/how-do-banks-make-money.md) - Teaching Kids the basics of financial literacy and business. Help them understand how we use banks and how banks use money to generate more money. Do we really need the banks? - [Investing in ETFs - Buying and Selling on CommSec](https://www.projectinstill.com/investing-etfs.md) - Teaching Kids the basics of financial literacy and investing. Step-by-step instructions on using CommSec to buy and sell ETFs. - [What is investing? Why invest?](https://www.projectinstill.com/why-invest.md) - Teaching Kids the basics of financial literacy and investing. Finding ways to increase the future value of our current money is called investing. Help them understand growth rate, inflation, and more to understand why we need to invest. - [Introduction to Real Estate Property Investment](https://www.projectinstill.com/real-estate-property-investment.md) - Teaching Kids basics of property investment. Pros and cons of property investment, the financial model, booking keeping and accounting. - [What is Bookkeeping? What tools/software's are used for bookkeeping?](https://www.projectinstill.com/bookkeeping.md) - đŸ’¡This is part of Project Instill, where I teach my kids (12 and 10) financial literacy and business basics. What did I want to do? * I wanted my kids Ash (12 years old) and Adh (10 years old) to get an understanding of accounting concepts... gradually. * I wanted to use this opportunity to make th… - [Introduction to ETFs: What are ETFs and why invest in ETFs?](https://www.projectinstill.com/etfs.md) - đŸ’¡This is part of Project Instill, where I teach my kids (12 and 10) financial literacy and business basics. What did I want to do? * I wanted my kids Ash (12 years old) and Adh (10 years old) to understand the concept of ETF (Exchange-Traded Fund). * I wanted to take the opportunity to learn what… - [What is Accounting? Accounting Basics: Key Terms and Concepts](https://www.projectinstill.com/accounting-basics.md) - Teaching Kids Accounting basics: Revenue, cashflow, expenses — what does it all mean? A simple approach to learning the basics of accounting. - [What is a Trust? What are the different types of Trusts?](https://www.projectinstill.com/trust-structure.md) - [Family Trust and Holding Company Structure](https://www.projectinstill.com/trust-and-holding-company-structure.md) - Teaching Kids about Shaf's structure of Trusts, Holding Company and Operating Companies to manage key considerations such as tax implications, dividend distribution and asset protection with a long term strategy. - [Recording an Expense with multiple line items in Xero - Vodafone Mobile Bill](https://www.projectinstill.com/expense-xero-multiple-line-items-vodafone.md) - Teaching kids about recording a bill that has multiple line items into Xero as an Expense bill to pay. - [Recording a refund in Xero](https://www.projectinstill.com/refund-xero.md) - Teaching kids about recording a refund in Xero bookkeeping. - [Bank Reconciliation in Xero](https://www.projectinstill.com/reconciliation-xero.md) - Teaching Kids Business. What does the term reconciliation mean in bookkeeping? It's the process of checking if the records we have are correct. Read this article for step-by-step instructions on how to reconcile in Xero. - [Recording an Expense of different currency in Xero - Atlassian Invoice for Confluence](https://www.projectinstill.com/atlassian-invoice-xero-expense.md) - Teaching kids about expenses and bookkeeping. This article explains the steps in recording an Atlassian invoice for Confluence that is in USD, but paid with our base currency AUD Card. - [Recording an Expense in Xero - SquareSpace Domain Renewal](https://www.projectinstill.com/squarespace-invoice-xero-expense.md) - Teaching kids about expenses and bookkeeping. This article explains how a domain registration/renewal invoice looks like and how we enter into Xero as an expense. - [Invite a user to Xero for Bookkeeping](https://www.projectinstill.com/invite-user-xero-bookkeeping.md) - đŸ’¡This is part of Project Instill, where I teach my kids (12 and 10) financial literacy and business basics. What did I want to do? * I wanted to give my kids Ash (12 years old) and Adh (10 years old) access to Xero so they can add the invoices/bills we pay. * I gave them access to Xero after intro… - [What are Expenses in Accounting? An introduction into expenses in bookkeeping for kids](https://www.projectinstill.com/expense.md) - Teaching kids about expenses and bookkeeping. Expense means Money going out. - [The Ideal Characteristics and Skillsets for Tomorrow's Entrepreneurs](https://www.projectinstill.com/entrepreneurial-mindset-children.md) - đŸ’¡This is part of Project Instill, where I teach my kids (12 and 10) financial literacy and business basics. I started trying to identify what I wanted in my children. Yes, we want our kids to grow up as good citizens caring for the world, but I want my kids to be able to demonstrate specific chara… ## Optional - [RSS Feed](https://www.projectinstill.com/rss/) - [Sitemap](https://www.projectinstill.com/sitemap.xml) - [Full content of pages and posts](https://www.projectinstill.com/llms-full.txt)