Is the Money spent on Your kid an Investment or an Expenditure

financial-planning

Investing Planning:

Investing on our kids can be considered as an emotional long term investment and there is no other investment which is as important as investing on a kid is for any parent. We always dream of making our kids doctors, engineers, MBA’s, Civil Service Officers and many more right from the day one of their birth. In the process of realising our dreams we spend a huge sum of our earning or saving or wealth on them. You may wonder why I am counting the money spent on our own kid or why I am talking about investment and expenditure.

Yes, just for a minute think practical and say why we want our kids to be in a better position or why we want kids.

Of course, the answer should be, either we want them to take care of us when we are not earning; or when we can’t help ourselves; or we want our own kid as the representative of our family in our absence; or we want the continuation of our family tree. And please be little more practical to accept the fact that all the other material things you create in this earth are mostly created for our kids or will be transferred to our kids, right from our house, investment in various means and your name and fame.

The process of bringing up a kid till he/she becomes a grown up and matured man/woman in the society is a very long term process and the risk is very high during this time like investing in stocks. Investing in stocks may give you huge returns sometimes and may not return even the principal amount sometimes. Similarly, investing on our kid may yield us back huge returns (which can be name, fame, wealth, etc) or many a times it may not even consider us as the owner of that investment.

Yes, dear readers, that is what is happening across the globe in many families today. Most of the parents have lost complete ownership right on their kids. It is high time to understand whether we are spending our time and money in the right way or not. We must also recheck whether this spending is expenditure or an investment.

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