3 important tips on how to manage Finances from a father to his son this Father's Day - A best Heritage
3 important tips to make your children financially independent It is said that ……… A FATHER IS ALWAYS RIGHT BEHIND HIS SON HE WILL ALWAYS BE NEAR TO US HE FOLLOW US WHERE WE WANT TO GO WHEN HE HOLDS THE HAND THERE IS NOTHING TO FEAR The primary concern of parents is to ensure that their kids are financially independent. When your children are on the cusp of starting their careers, it can be a good time to help them understand how to manage finances. This will not only give them a good financial foundation but discussing with them about money will be crucial for their personal development. I feel discussing these 3 important financial aspects with children can help them in making prudent investment decision in future. · Set a discipline for savings and investment Explain to your children that it is important to invest and save money in a disciplined manner. They can start with investing 1% of income and then gradually scale it up to 5-10%. Most people