management is important and children need to be encouraged to embrace the culture of saving at a young age. Children should not be allowed to spend lavishly and to save money gifted to them.
“We believe that our children have to learn about money saving to ensure that they have financial liberation. When one spends money recklessly, one will become a slave to money. But when one has a good saving culture, money will be useful for one and that is what we intend to teach our children.” “Children have to know that money management is what is needed to attain financial freedom and we have decided to start teaching our children right from when they were young now in order not to make the mistake of becoming lavish spenders when they grow up, ” he stated.
He stated that when children learnt by themselves, they would learn better rather than being taught or compelled to do certain things.
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