My childhood always filled with lots of dolls and toys as most of the relatives lived abroad, when they visited me they bought toys, I never lack toys. In my childhood, I never cried for toys but ya chocolate, I always asked for it.
I and my younger brother used to stay together with my mom. Ok! back to the topic of budgeting, earlier when I was 10 my mom taught me to save money and buy useful things, Either it will be chocolate or it will be useful school stuff. I often argue with my mom, why can’t she buy for me so I can save my money, but she never did.
Slowly me and my younger brother learned to save money and spend that on us, we both enjoyed buying chocolates, pickles (nalika achar), stickers and icecreams.
By the age of 14, I and my younger brother started buying pets like dove & rabbits, breed them and resell that with profit. This way we got a hobby to grow our savings and express our love for nature. With that savings we used to buy gifts for mom on her birthdays.
My motive to share my personal stories with you lovely people is to make you understand, rather than facilitating your kids with every desire use this opportunities to teach them life skills. In this fast phased society we all had awe stuck in the biltz and glamour of shopping shrees and offers. So financial freedom will be the most important life skills we all need to teach our kids, which starts with saving.
Parenting ConFusion 