There is a current trend in my country where parents are doing everything financially possible to give their children the best education. Some parents have gone to the extent of selling properties or taking loans to send their children to some of the best schools in and outside the country. I have spoken with some of them, and the reason they give is that this child will get good jobs and take care of them in the future.
I had to bring up this issue because most of them are becoming disappointed and depressed. In my location, children are seen as an investment because they have the responsibility to take care of their parents when they are retired, old, or unemployed. So parents will want to invest high in education because they think it will bring high returns. Many of these students who attended prestigious schools end up becoming unemployed and are still depending on their parents to survive. I also assume that many of them regret going the extra mile to give their children the best. They have lost money and are also in debt but their children are still dependants.
Do you think parents should have a limit on the amount they can invest in their children?
As a paprent then giving the best for our kids or children is something that we do really want to do. Why? because we dont really like for them to experience that hardship and thats why as much as we could then we would really be doing our best on providing on whats best for them,even if it means on giving it all and its something that you cant really be able to stop for parents to give it all on which it will really be just that a normal
on what are the things we would do as a parent. Although, the point above is really that indeed valid because on the time that you would be giving it all without moderation and control, or into the moment that you have forgotten on securing out some health insurances, life plans or something like this then you both husband and wife would be having a hard time or simply would be messing up on the moment that you do get old.
Yes, its true that our kids would really be leaving us on the moment that they would be making their own familyand it would be just that normal that they would be going out into that called HOME
and wouldnt really be even sure if those kids will really be looking back into their parents. This is why its important that you should really know on how to set up your savings
or insurances at least.