Spend & spoil or teach financial discipline !

Time to go back to routine after a week of festivals. Last two days to reflect and introspect. We worked very hard, earn good money to enjoy the life now at our mid-life. So when we spend money on leisure with family we enjoy but are the kids getting spoiled.

Lets take the situation. You have been on a holiday with family. Some good resort, good food, nice site seeing. A money is likely to show off. You don’t mind. You have worked hard for such days. The kids enjoy, too. Back to home, you want them to use this financial status as a platform to do what they like as a career. Being passionate about something. But nothing happens. You see the kids wasting their important years of career. They consider this as a privilege and the financial status as perpetual. One day you are sharing this with pain to someone. The conversation sounds , ‘ Hey its you who spoiled the kid !’

The dilemma to the parents like you and I – should we spend on those leisure although not extravagant or should we live simple life with no such fun in spite of hard-earned money being in pocket ?

 

Are we Indian Families at cross roads !

It’s a celebration time for most of Indian families. We wish to forget all our worries, sorrows and difficulties. However , are we half-heartedly enjoying these moments. Another mind keeps on telling us – this is not a true way to enjoy. What makes us feel a bit empty in spite of almost everything being available. Do we feel lets be ignorant about such thoughts to be happy !

Most of the Indian parents who are at 50s and have worked very hard to gain financial stability are today at cross roads. Childhood was a simple world. We did our career in difficult and turbulent business environment. Now exposed to even complex, uncertain world at office, society and mots importantly at home.

Take a simple example. During Diwali; we are supposed to follow certain rituals on every day. One side; we see quite a few follow it thoroughly. Other side; we do a few and don’t follow some. Those which has been followed; we don’t feel the conviction or faith as childhood days. Its not only because we have grown old. Its something else.

Are our faiths, beliefs , values of a simple family person being challenged ?