It is that time of the year when you start budgeting and declare investments for official purposes. This task becomes more harrowing when you are really bad at maintaining paperwork.
After watching me stumble and fumble through such tasks during the pandemic lockdowns, my daughter started helping me get more organised. These days, as she puts papers in order digitally, she also bombards me with questions about equity, risks and more. These don't just leave me stumped but also bring back that panic-stricken feeling of being in math class when a teacher asked me to solve a differential equation.
As these queries have started increasing in scope and number, I keep looking for resources that could ease these conversations. When I started this search, I was expecting convoluted explainers but to my surprise, I found engaging books and workshops that helped introduce financial literacy to children as young as seven and eight.
Gone are the days when education on money matters ended with pocket money, piggy banks or games like Monopoly. Gen Alpha kids have gone way beyond such simplistic methods.
Being the biggest influence on family spending, they are adept at online shopping and are well aware of new developments in blockchain and cryptocurrency. The fact that they have access to the digital world also means that they could be more susceptible to financial fraud and misleading information. It is for this reason that financial literacy needs to start early.
MAKE A JUMP START
この記事は Mint Hyderabad の December 28, 2024 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 Mint Hyderabad の December 28, 2024 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
Zeroing in on one's values to lift productivity
Leadership means having clarity of vision that inspires people to aspire and act
Visa issue not affecting ops: BYD
China's BYD is keen to have manufacturing operations in India as soon as 'all factors' suggest a 'go ahead', and the plan is under constant evaluation, according to a top official of the company's Indian arm.
Indigenous Approaches to Fire Control Hold Lessons for the US
America must adopt traditional techniques deployed in Australia
Tech Firms May See More Short-Term Contracts, Frequent Renewals
Indian IT services companies are increasingly seeing shorter-term contracts from clients, driven by economic uncertainty and rapid technological shifts, according to company executives and analysts.
What protects us from being stabbed in our own homes?
India extracts a very high price from those who hurt its rich and middle class but this shield could weaken
Gaza Ceasefire Begins as Hamas Names the 3 Hostages to be Released
Hamas had earlier blamed the delay in handing over the names on 'technical field reasons'
India, Oman FTA negotiations over
India is not seeking customs duty concessions on over 100 product categories such as liquor and cigarettes in the proposed free trade agreement (FTA) with Oman, which is under negotiations between the two countries, sources said.
RIL Back on Track With Q3 Show, Say Brokerages
Reliance Industries Ltd, India's most valuable company, is back on a growth path after six months of challenges as it posted better than expected earnings in the December quarter, brokerages said.
ITC Aims to Lead in All Segments: Sanjiv Puri
ITC Ltd is sharpening its competitiveness and strengthening innovative capacity under its \"Next Strategy\" as the multi-conglomerate aims to be a leader in the segments in which it operates, said its chairman and managing director Sanjiv Puri.
Indian equities not overly expensive, reflect growth prospects
We see structural shifts in India align closely with 5 mega forces driving global economic transformation Ben Powell Chief APAC & ME strategist, Blackrock Investment Institute