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Want to teach the next generation the nuances and importance of finance? Fret not, for Purva Aggrawal's The FinKids is here to help!
Want to teach the next generation the nuances and importance of finance? Fret not, for Purva Aggrawal’s The FinKids is here to help!
At The FinKids, we have created a toolset that allows children and parents to normalise the money talk in a creative and fun way. We support studies that speaking to children about money at a young age helps raise sound and responsible individuals.
On their website right here!
Three pieces of research: 90 percent of children under one year use handheld interactive devices. This includes the exposure and effect of invisible money with the digitalisation of finance and banking.
The University of Cambridge said that money behaviour gets set by the age of seven. Meanwhile, the Australian financial planning commission said parents don’t want to speak to children about finance and money as it is a burdening topic.
These are all sides of the same coin. So we joined the dots together. Since the children’s behaviour is changing due to heavy tech supply, we decided to change parenting as well. And at The FinKids, we decided to de-burden the parents and make the topic affirmative and positive.
With The FinKids, we are solving tomorrow’s problem today. Teaching kids about finances is the need of the hour and our interactive teaching methods only help them understand it better. After all, don’t we all want to raise financially responsible adults?
Reader, writer and a strong feminist, I survive on coffee and cuddles from dogs! Pop culture, especially Bollywood, runs in my veins while I crack incredibly lame jokes and puns! read more...
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We are conditioned to normalise domestic violence out of fear of abandonment. Thinking that 'trauma bonding' is better than no bonding holds us back from speaking up!
(Trigger Warning: This post may be triggering for survivors of domestic violence. This post has been published especially to honour the International Day For The Elimination of Violence Against Women.)
Everyone said my perfect husband was like Lord Ram…. but this is how he took unfair advantage of my tolerance!
My grandmother was very fond of my husband whose name is synonymous with Lord Ram’s name. Every call she made to my husband started with the bhajan “Aaj sab mil mangal gao, Awadh mai, raam aye hain“. (Hail everyone, sing praises, Lord Ram has come in the kingdom of Awadh.) It was a mandatory welcome song whenever she met him or even spoke to him on the phone. Yes, his attributes were like that of Lord Ram. His attitude, chivalry, persona, fair skin, smile, height, physique and charm illustrate the perfect image of Lord Ram.
He was a generous man but she hardly knew much about the investments or their financial health. A couple of times, she had asked him and he had been vague. Now when she thought about it...
He was a generous man but she hardly knew much about the investments or their financial health. A couple of times, she had asked him and he had been vague. Now when she thought about it…
The Muse of the Month is a monthly writing contest organised by Women’s Web, bringing you original fiction inspired by women.
Chandrika R. Krishnan is one of the winners for the November 2021 Muse of the Month, and wins a Rs 750 Amazon voucher from Women’s Web. The juror for this month, Anuradha Kumar commented, “This introspective, quiet, story with its depiction of the relationship between two relatively older people is quite impressive. A lifetime spent together can bring familiarity and still allow for many mysteries and secrets. Also, the structure of the story, shifting from an external perspective to an internal monologue is well-done.”
For nurturing a successful future, simple and intelligent steps need to be taken now, including - learning the benefits of budgeting.
All parents see a dream of their dear little ones being successful in life; yet, for nurturing a successful future, simple and intelligent steps need to be taken now, including – learning the benefits of budgeting.
The primary values of life are as important for children as receiving their primary education. Along with that, it is important for parents to make their little ones understand the economic value in life on an early basis. This would make it much easier for them to value money when they are closer to entering the real world for earning their reputation along with money. For the coming future, it is important to engage kids and teenagers to know and have control over how their expenditure by setting accurate saving goals with help of their parents.
Teaching children about money could help them establish a vibrant sense of monetary habits for the future. Having your kids develop the initial financial knowledge, helps them face and be ready for the financial matters of the future and to know the role and benefits of budgeting.
Parents take great pains to educate and arm their children with knowledge. However, most parents are likely to negate teaching kids about money altogether.
Most parents limit their children’s interaction with money and finances to increasing their allowance as they grow older. In fact, in India, even older children are kept in the dark about the status of family finances – the thought behind it is – so that children do not grow up with a sense of insecurity, especially if the family is struggling.
However, this sort of financial illiteracy can be damaging, making either children averse to money management as adults or lulling them into a false sense of security that money is only to be spent, and not saved.