Teaching Children Value Of Money
It doesn't help to get your child everything he or she is asking for.
That is not an expression of your affection.
Rather it is a reflection of your ignorance about the world and irresponsibility as a parent.
Your child should be equipped to handle both the good and the bad in life.
Both gains and losses.
Both achievements and disappointments.
This has got nothing to do with being ambitious.
There are people successful in career who just squander money after expensive gadgets and stuff.
Career is successful, but life aimless.
They don't know why they are buying all these for, are they getting satisfaction out of it?
No.
They are not satisfied with the product because as soon as a newer model comes, they go for that.
That means the present one is not giving them happiness which they thought it would at the time of purchase.
Mostly these people have parents who did not teach them value of money when they were young.
Money comes out of effort, out of hard work.
If you respect somebody's work or your own work then you should respect its output also.
We say work is worship.
Then its output also should be treated with respect.
Lakshmi Devi stays only with such people who are responsible.
My father used to say: during his school days, unless a pencil comes to a state it is so short that you just can not hold it in your fingers unless it comes to that state, his father will not get him a new one.
That is in spite of the means to buy dozens.
This has gone deep into him.
Even today in his eighties, he will not get anything that is not necessary.
Such people can face any situation in life.
Any resource crunch they can face.
They can handle.
They are strong enough to handle any resource crunch.
Because they have been trained that way.
Today you see most of our youngsters.
One salary cut, they are shattered.
Covid 19, loss of job they are shattered.
They don't know what to do with life.
One reason, they have created so much unwanted things around them that managing them itself needs money and effort.
A simple life is easy to manage, always.
Before you buy anything for your child that he or she asks for make the child to ask.
Why do I need this?
Can I manage without this?
Are there alternatives?
How is it going to help me?
No, it is not too early.
It can happen only at that age.
This habit can develop only at that age.
Not any later.
Then only it will stay.
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