Find out the best money lessons from mother on this mother’s day 2024. Mother’s day 2024: As Mother’s Day draws near, I cannot help but contemplate the fundamental financial lessons I acquired from my mother during my upbringing. These invaluable teachings were not imparted through a structured educational program, but rather integrated seamlessly into our everyday routines. It shaped my perspective on money. It establishes the groundwork for financial autonomy.
Mother’s day 2024: best money lessons
Here are the following best money saving lessons from mother on this mother’s day 2024;
Consistent saving
Like many mothers in India, my mother also gave me a small piggy bank and encouraged me to save any extra change I received.As time passed, the coins accumulated, and she would assist me in counting them. This shared experience among numerous Indian mothers instilled in me a habit of consistent saving that I continue to practice today. It will definitely pass on to my own children. Nonetheless, for my children, I will also teach them how to invest their money and make it grow. Educating children on financial management is crucial from the very beginning. It is just as essential as other aspects of their value system.
Establishing financial objectives
When I showed interest in getting a new bicycle, my mother took the opportunity to educate me about setting goals. Together, we devised a savings plan where I would contribute a portion of my weekly allowance towards the bike, and for every deposit, she would provide some interest. This experience taught me the gratification of working towards a goal and reinforced the concept of planning for future expenses. This highlights the significance of instilling financial literacy in children from a very young age.
