Financial Literacy for Kids

Buying gifts for kids is an engaging pursuit, because it gives you so much of joy. What will you gift your kids – for a lifetime?

The hampers and stockings full of toys and sweets will disappear in a week. You know that Santa does not come on a sledge driven by reindeer, assisted by elves and loaded with gifts.

You are the real Santa in their lives, to solve their problems and guide them in the right direction. For how long will you remain around?

I hear you say you are giving them education to build their life on. The education system does not even prepare students for a successful career or business, leave alone life.

It reminds me of a powerful statement “Let education not come in the way of your learning.” Learning is not happening in school. It is happening on Youtube, apps on the phone, online games and online learning sessions. Television and books do shape children but to a lesser extent than say a decade ago.

ARE YOU HAPPY WITH WHAT YOUR KIDS LEARN EVERY DAY?

They eat, they play, they study and they spend time online every day.

How much of it will serve them in the long run?

How much time do you think they should devote to develop atomic habits that will serve them well in the long run?

HOW IMPORTANT IS CHILDHOOD IN SHAPING LIFE?

The story of every successful person begins in their childhood. They have retained the good lessons learnt. Or negative experience shaped their determination to break out of the rut, and build a life for themselves.

The same goes with unsuccessful and miserable people too. They blame it on the kind of childhood they had, and complain about lack of opportunities.

When I see a child win accolades on a reality show, I think about the parent who helped them make a choice – to forego regular routines and evolve into something better. For every step they take towards fame, they give up something other children in their age group enjoy.