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?
I think the answer is "no" there's no limit on the amount of money we invest in our children, what really matters is if we have the money as long as the money is there is good to give our children the best education because some day they will be the one to represent use. though their are some people who has limit on the amount they can invest in their children, probably they can decide to erroll their children in one of this local schools that can't even teach very well as a result of being greedy mean while they have the money to take their children to one of the best schools.
probably after all days of their studies and it turns out that those children are not well educated who will be hold responsible for that? Of course the parents will be hold responsible for it this is why we don't need to be greedy more especially when it has to do with our children's studies we need to take it very serious. Actually selling your property so as to clear your children's school bills is not a bad idea, taken a loan to pay your children's school bills is not also a bad idea but you need to make sure that you have a source of income so that you can be able to pay back the loan because you can't really predict what will happen you. know investing in our children is just almost the same thing with crypto Investment, you know sometimes you can experience lose in the market and sometimes you also profit from your investment, you know their are some parents who Invested heavily in their children hoping to get a good return but on the contrary it turns out not to work as it is planned probably most of those children can even end up becoming a thief and also engaging their self in cult group so at this point all the effort of the parent because a waste.
That's okay: not all kids are Harvard guys. Not just overeducated clones. We need artists, plumbers, and intellectuals. Diversify instead of pursuing Ivy League? Disclose everything to our kids. Whatever gets them going: music, computing, carpentry. Maybe your kid will be Steve Jobs, not Einstein. Those are worth more than expensive degrees
No matter the money, raising well-rounded people is important. Creative, adaptable, and maybe world-changing kids. Instead of a one-size-fits-all education, let's experiment. Crypto crazes are worse investments than this
Many countries around the world have lots of seized BTC to sell and this will add more selling pressure to the BTC market, but that's OK. The Mt.Gox repayments are a good news for all the Mt.Gox investors, who kept waiting for years to get their BTC back.
