Growing
up in a small town, most of my needs were taken care by parents. However the
world changed when I boarded a hostel for my graduation and subsequently the
post graduation.
While grooming
up as an engineer, my take on money was nothing but a goal to achieve. Learning
economics for post graduation, however opened up a new frontier. Money now
appeared as a means to achieve goals.
Soon the
work life factored in and then I realised that money is a tool to achieve
certain goals in life and its not everything!
Now that
I have two kids, who belong to a dynamic world, I feel immense urgency and necessity
that they learn this fact sooner in life than later. 
Why do I feel so? 
Just
because, money being a means can be put to a good use and it can be inculcated
as a habit. It being a tool, the kids can be trained well over the years to use
it for the best. The early start also ensures balancing money matters diligently
later in life.
Good
habits are difficult to come by and once they are settled, they never leave
you!
Starting at early age also has the benefit of not getting adulterated with
twisted views. Young minds are just like the clay, mould them early and then it
easy. Have you tried moulding the clay that is exposed to air for long… then
you will understand from where I am deriving this!
I want my
children to know that money is a necessity to satisfy the basic needs and
provide comforts of life. Earning money honestly and with just means
also carries the message of dignity of labour
. Early start to saving
and investment means a long term for it to reap rich harvest! There is a thin
line between the impulsive spending and an actual need. Explaining to them with real life
situation will help them be moderate.Experience it to believe it!

With the
advent of the plastic money these days, the kids if exposed to the digital
nature of the money and threats there in will equip them with necessary caution.
Good
money habits also mean that they should understand the social responsibility.
Paying back to society in some form or other brings happiness that no money can
buy! Being sensitive towards other’s needs, if taught at the early stage of life,  will make them good human beings
and the better citizens as well!



Money is
a good servant but a very bad master.
This better be learnt early!
   — § § § § § —
This post is a part of “Importance Of Teaching Good Money Habits To Your Kids” contest by mycity4kids.com and Junior Finance Wiz


All pics courtesy Pixabay
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5 Comments

Dr. Amrita Basu Misra · October 17, 2017 at 4:44 am

This one is a very important lesson./Money is a form of energy which is a result of your work.Its the basic uderstanding of the true quality of it that helps us live better.

Upasna · November 2, 2017 at 9:08 am

A very nice quote but a tricky one to understand. You are right, the early the better. I too believe we should teach finance knowledge to kids early as I had personally faced the consequences of the lack of it. Thanks for joining #QuotedStories

    canvaswithrainbow · November 2, 2017 at 9:40 am

    Tricky to understand but if learns it a hard way, it would be too harsh! So as you said, better learn it in a soft way at the early stage of life. Thanks Upsana for visiting and sharing your views!

Vasantha Vivek · November 9, 2017 at 6:28 am

Money … Money …. And money makes your life merry. Teaching the importance of money to kids is highest responsibility of parents.

    canvaswithrainbow · November 9, 2017 at 9:11 am

    Absolutely right Vasantha! Its a great responsibility of the parents. Thanks for visiting and adding to the discussion on the topic. Glad you dropped by!

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