Post
Topic
Board Economics
Re: Should there be a limit to investing in your children?
by
milewilda
on 01/08/2024, 12:32:21 UTC
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?


You are absolutely right, in as much as we should work hard and make life easy for your children it's also very vital to teach them the importance of hard work, encouraging them to have a skill or even opening up a business for them is a good way to go..so many rich parents neglect this and their children gets spoilt and over pampered forgetting thst one day their parents might not have so much money.. another reason why there should be a limit is  if that money they are always getting from you stops coming some kids might even steal from you, or those outside and this would be very disappointing to you as parents...learn to teach them the value of hardwork
It is very important to teach children the importance of real life. Due to this their way of life will be easy and orderly besides academic education to provide them with as much family education as possible. Every parent wants their child's future life to be beautiful and orderly. So they fulfill all their duties. Many say parental responsibility cannot be called an investment. Giving yourself time to be well is also an investment. Again I say that everything in the universe is reciprocated even love you can understand if you observe. So our responsibility towards the child is also a kind of investment.
Im not saying that i am rich but i do have that kind of living or financial state which is really that way more than of an average person but i do really teach my children to have that a simple living on which it isnt really that something that been raised on an extravagant way or being that too comfortable for them. I do teach them on the way on how this life works and on how hard to earn money. Making up some teachings about
simple living and being contented on what we do have.Yes, we do have that much better life but this isnt something that been acquired easily but rather its been obtained due to hard work and perseverance
us parents. It would really be just that normal that you would really be giving all for your kids on giving them a good life and living but of course only people who do mind about too much spending or providing
considered out to be an investment. lol.

If you arent that expecting something in return then you wont really be having these kind of thinking that you are already spending too much in your kids.This is why it would really be that better that
both husband and wife should really be thinking on saving up for their retirement age or on the moment that they do get old so that they wont really be that relying into their kids
and making them having that kind of responsibility once they do finish up their studies and having their own work.