Encourage positive risk taking. Self confident children have the inner fortitude to try new things even if it means a chance of failure. Encourage your children to try out for the school play or enter an art contest. As a family, read a book together on a subject new to all of you. Take a fall bike ride on an unfamiliar path, even if you don't know where you'll end up.
Children soon learn they have skills to make wise choices when taking risks.
Let your children solve problems. Have them check ads or call stores to get the best prices. Ask them to brainstorm ways to earn money for their name brand items. Children develop self-confidence from solving problems appropriate to their abilities. Taken from the book, Craft Fun With Sondra.