![How To Teach Money Concepts To Children How To Teach Money Concepts To Children](https://cdn.magzter.com/Outlook Money/1702460644/articles/4D5nmZhSB1702544178604/HOW-TO-TEACH-MONEY-CONCEPTS-TO-CHILDREN.jpg)
Planning for children’s future is one of the most important goals for most parents. But what is equally important is inculcating the right financial and savings habit among children so that they can build a secure future for themselves when they are ready for it. A recent panel discussion, organized by Aditya Birla Sun Life Mutual Fund in association with Outlook Money, discussed this important aspect. The topic of the discussion ‘The ABC of Money: Guiding Children’. The panelists were K.S. Rao, head of investor education and distribution development at Aditya Birla Sunlife AMC; Amit Trivedi, an author, speaker, blogger, and trainer; and Shweta Jain, a certified financial planner and founder of Investography Pvt. Ltd. The panel was moderated by Nidhi Sinha, Editor, Outlook Money.
START EARLY
Rao said that it is important to teach financial literacy at the school level but since that is not a reality, parents need to take up this challenge themselves. “Parents are the best teachers when it comes to values, whether it is about teaching the value of money or other values. to teach anything, and not only the value of money, but even moral and social values. They can lay the foundation for children.”
この記事は Outlook Money の December 2023 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は Outlook Money の December 2023 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
![BUDGET & YOU: NEW REGIME BEATS OLD IN FY26 BUDGET & YOU: NEW REGIME BEATS OLD IN FY26](https://reseuro.magzter.com/100x125/articles/242/1986892/AL9eehLaS1738922072410/BUDGET-YOU-NEW-REGIME-BEATS-OLD-IN-FY26.jpg)
BUDGET & YOU: NEW REGIME BEATS OLD IN FY26
Lower tax slabs and nil tax on incomes up to 12 lakh has not only provided relief to middle-class families but also rendered the old tax regime irrelevant for most of them. The government also renewed its focus on senior citizens
![Consistent Returns In Hybrid Space Consistent Returns In Hybrid Space](https://reseuro.magzter.com/100x125/articles/242/1986892/uC04jgKjc1738923455673/CONSISTENT-RETURNS-IN-HYBRID-SPACE.jpg)
Consistent Returns In Hybrid Space
The Indian equity market is going through rough waters, leaving investors uncertain about whether to choose equity or fixed-income investments. Experts, meanwhile, predict higher volatility and recommend a safer approach.
![BEHIND THE MIND GAMES THAT END IN 'DIGITAL ARREST' BEHIND THE MIND GAMES THAT END IN 'DIGITAL ARREST'](https://reseuro.magzter.com/100x125/articles/242/1986892/S_R9_u7rp1738921635809/BEHIND-THE-MIND-GAMES-THAT-END-IN-DIGITAL-ARREST.jpg)
BEHIND THE MIND GAMES THAT END IN 'DIGITAL ARREST'
The new scam of digital arrest employs psychological pressure to dupe vulnerable victims, who go through a phase of trauma and fear. We tell you how it works, whether the government is doing enough to curb the menace, and how you can keep yourself safe
![Boost To Consumption, But Don't Buy Blindly Boost To Consumption, But Don't Buy Blindly](https://reseuro.magzter.com/100x125/articles/242/1986892/RkFaNnSve1738922764004/BOOST-TO-CONSUMPTION-BUT-DONT-BUY-BLINDLY.jpg)
Boost To Consumption, But Don't Buy Blindly
With the budget putting more money into the hands of people to boost consumption and increasing foreign direct investment in insurance, certain consumer-oriented sectors, such as FMCG, auto, as well as manufacturing are expected to do well, but think before investing
![Pre-Existing Diseases In Insurance Pre-Existing Diseases In Insurance](https://reseuro.magzter.com/100x125/articles/242/1986892/Tbwx9k2nk1738924157520/PREEXISTING-DISEASES-IN-INSURANCE.jpg)
Pre-Existing Diseases In Insurance
Understanding pre-existing diseases (PEDS) in health insurance is crucial because they can affect your coverage and premiums. Pre-existing conditions, such as diabetes or heart disease, are health issues you may already have and know of before purchasing insurance.
!['Govts Are Often Influenced By Private Interests, And Don't Focus On Health' 'Govts Are Often Influenced By Private Interests, And Don't Focus On Health'](https://reseuro.magzter.com/100x125/articles/242/1986892/ICqM9vE_p1738921236240/GOVTS-ARE-OFTEN-INFLUENCED-BY-PRIVATE-INTERESTS-AND-DONT-FOCUS-ON-HEALTH.jpg)
'Govts Are Often Influenced By Private Interests, And Don't Focus On Health'
Longevity is not about going to the gym or having superfoods, but living in an environment that promotes a healthy lifestyle. Dan Buettner, the Blue Zones founder, National Geographic fellow, best-selling author and the producer of the Emmy Award-winning 'Live to 100: Secrets of the Blue Zone' series, learnt this during his decades-long research into five blue zones of the world. In an interview with Nidhi Sinha, Editor, Outlook Money, as part of the Wealth Wizards series, he talks about another kind of wealth, a healthy and fulfilling long life. He also talks about blue zones, and how policy matters when it comes to improving the health, lifestyle and longevity of the population
![The 'Gap' In Long-Term Returns The 'Gap' In Long-Term Returns](https://reseuro.magzter.com/100x125/articles/242/1986892/zvhXcv2Rv1738923207243/THE-GAP-IN-LONGTERM-RETURNS.jpg)
The 'Gap' In Long-Term Returns
There is a significant gap in the nominal and inflation-adjusted returns across asset classes. So, reading long-term trends is important before making investing decisions
![Changed Jobs? Where is Your EPF Money? Changed Jobs? Where is Your EPF Money?](https://reseuro.magzter.com/100x125/articles/242/1986892/Y5LAg0qTF1738920169349/CHANGED-JOBS-WHERE-IS-YOUR-EPF-MONEY.jpg)
Changed Jobs? Where is Your EPF Money?
For many employees, transfer of EPF becomes a nightmare when changing jobs. We give you the likely problem scenarios and what you should do for a seamless transfer of your EPF upon changing jobs and states
![Old-New Break-Even Point Is High Old-New Break-Even Point Is High](https://reseuro.magzter.com/100x125/articles/242/1986892/V45SWe10n1738922995624/OLDNEW-BREAKEVEN-POINT-IS-HIGH.jpg)
Old-New Break-Even Point Is High
The break-even point for deductions to choose between the old and new tax regimes has increased to ₹8.50 lakh for income of ₹24.75 lakh and above. Normally, deductions and exemptions commonly claimed by salaried individuals do not exceed ₹8.50 lakh
![How Not To Be Financially Vulnerable How Not To Be Financially Vulnerable](https://reseuro.magzter.com/100x125/articles/242/1986892/8n0L6r42_1738923887063/HOW-NOT-TO-BE-FINANCIALLY-VULNERABLE.jpg)
How Not To Be Financially Vulnerable
We often naïvely assume that our monthly pay cheques will cover whatever life throws our way. But it may not cover all our emergencies, which is why we need to create a safety net