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
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.
work life factored in and then I realised that money is a tool to achieve
certain goals in life and its not everything!
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.
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.
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!
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!
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.
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!
a good servant but a very bad master. This better be learnt early!