Appreciate for the micro analysis on financial discipline at early stage. But i have a query - How can we fix the amount of financial monthly allowance for our kid?
Yes. Value of Money, value for money, must be imbibed at younger age. Coming era is going to be crucial in this sense. Value of/for money, physical exercises, spiritual upliftment, emontional balance, and living peacefully with everyone with time constraints. These values should be imbibed from the young age/childhood, as our ancestors, parents, grand parents did to us. Such articles are welcome by one and all, I hope. Dr. Ashish Urkude
Congratulations for this write up based on experiences. But I many parents will imlement it. My advise to all the parents is develop this methodology from their own family itself. It's possible everyone can do it.
Your tips and advice is very useful in present days sceniaro. We make must future generation financial savy and responsible Indians in financial matters.