IT SEEMS like just yesterday your little darlings were in diapers. Now they're finishing high school and talking about spending the next year overseas in order to "discover" themselves.
Being the sensible parent that you are, the thought of sending your baby on an experimental 'journey of self-discovery' doesn't seem appealing. All you want for your child is to spend the next four years working hard to become an accountant-yet they will have none of that! Children might quote the need to 'discover themselves' as a reason to take a gap year, but most parents (realistically) feel that their children can discover themselves quite well in the comfort of their own home.
However, if you want to be considered a cool, hip parent, take a look at the opportunities related to a gap year, which will hopefully ease your mind.
Firstly, self-discovery is one thing, but bear in mind that when your child is overseas, they're going to be working in menial jobs for minimum wage. Every person I've spoken to, who has been on a gap year, has had an epiphany as a minimum-wage worker.
Esta historia es de la edición November 2022 de Personal Finance.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición November 2022 de Personal Finance.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
'Hack' your money psychology
Spending too much money? Tempted by sales? These money psychology hacks’ can help
Accounting tips for small businesses
It's important to properly manage your business finances
KIDS AND MONEY: FIVE WAYS TO START THE CONVERSATION
WHEN IT comes to teaching young children about the world, parents may feel that some topics—like politics and religion—are too tough to broach.
REDUCE THE PAIN OF DOWNSCALING
Investing in a holiday home as a retiree
THE RISKS INVOLVED IN INVESTING
Finding the balance between eating well and sleeping well
TESLA: WHY IT MIGHT BE TIME FOR MUSK TO GO
What 2023 holds for the electric vehicle company
FINDING SOMEONE TO STEP INTO YOUR SHOES
The Eskom crisis demonstrates again the importance of proper succession planning—loDSA
BORROWING MONEY ISN' ALWAYS A BAD THING
On the contrary, debt can be a sensible way to build wealth
WILL SOLAR POWER INCREASE THE VALUE OF YOUR HOME?
The upfront investment is high, which you'll want to recover when you sell
WHERE NEXT FOR THE GLOBAL ECONOMY?
Why central banks face an epic battle against inflation in 2023