Post
Topic
Board Economics
Re: Should there be a limit to investing in your children?
by
Cookdata
on 06/08/2024, 17:35:55 UTC
When it comes to the aspect of education there shouldn't be a limit to investing in that, a well respected man I know that's very rich doesn't play with his childrens education, he pays a about 1 million naira each for their fees and the kids are very intelligent but when it comes to giving out money to everytime like some wealthy parents do it's not an option for him, a lot of wealthy make this mistake... sometimes it's important for kids to learn valuable life lessons even if there were born with a silver spoon, they most be taught financial management and discipline

A very rich man that has ₦1M to pay for his children school fees has the capacity to sure secure job for them. The place we come from don't value education, you don't get job after schooling and getting good grades, you either end up as Point of sale terminal money dispenser or you set a business that wouldn't last a year as the government policies aren't favorable to do business, a bsc graduate will be spending 24/7 time on ticktock begging for gifts because of unemployment, I'm ashame.

If I have the means to sponsor my kids out to the western regions, I will definitely find the means to make sure they stay there after their school because that's where I know there education is going to be worth the time spent and will eventually get paid. Not all the ones here where you get paid monthly check that can't even for your annual rent.