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Author Topic: Should there be a limit to investing in your children?  (Read 1349 times)
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July 17, 2024, 12:34:49 PM
 #221

I wasn't surprised when they made such decisions because it wasn't the first time I would seen such things happen. I am from a country where some parents don't care about their children future, some parents believe that spending money on their children education is a waste of money, while some parents will claim that they prefer to use the money to start a business than spend it on their children education. However, a lot of parents keep on saying that since they have seen many other people's children graduate from school and fail to find work, they believe that the best thing for their kids is to stop spending their money.
For those who think they can't spend much to invest in their children future it means they shouldn't bother of thinking of raising children because it is of no point having children with no plans of giving them the best. The reason why most people turn to become problem to the society is when parents are unable to give children the best for the future and young people would want to involve themselves into anything. When parents don't spend their time, money and care for their kids it always comes out with a negative outcome in the future which can also be a serious disaster to parents which it will be too late to amend by this time .

Taking good care of children and investing money on them to give a better life is a necessity and good peace of mind for every parents expecially when the old age clock.

R


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July 17, 2024, 02:12:19 PM
 #222

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?

It is not always good to invest money excessively in the development of your child. I don’t know what it’s like to raise my own children yet, but I have friends who have been raising children for a very long time. 
And they often say something strange to me: you need to live for yourself and not for the sake of your children. I think they mean that many people forget about themselves and do not spend money on themselves, but they need to keep their style and property at a high level.

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July 17, 2024, 07:39:48 PM
 #223

I think like with anything any sort of financial planning should be done with both the parents and children in mind.

This brings up something that sort of makes me laugh.  I used to date a girl in the beginning of my college career where here mother did absolutely everything for her.  She was bratty and had so few manners because her mother didn't focus on those sorts of things with her, it was just all about giving her everything she could.  I remember thinking "what a brat" as her mom would get herself in positions of not living the life she could just because she wanted to spoil her daughter.  So yeah you could definitely take it too far as a parent.

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July 17, 2024, 08:12:19 PM
 #224

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?

There is always going to be a limit to what you can invest in your children, it is defined by your income and your expenses. If someone is struggling to get by in a minimum wage job and barely covering their bills, they often go without so their children can have the basics covered. However if you are in a high end job, like a doctor for example, then they will usually send their children to private schools and give them all the extravagances they might desire in their developing years, while hopefully keeping them grounded - but the parents can still have a lot of slack left in their own income after paying for these things. I'd like to think that most parents will prioritize their children and not have any ulterior motives behind it (like expecting care when they are older)

R


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July 17, 2024, 08:36:44 PM
 #225

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?

There is always going to be a limit to what you can invest in your children, it is defined by your income and your expenses. If someone is struggling to get by in a minimum wage job and barely covering their bills, they often go without so their children can have the basics covered. However if you are in a high end job, like a doctor for example, then they will usually send their children to private schools and give them all the extravagances they might desire in their developing years, while hopefully keeping them grounded - but the parents can still have a lot of slack left in their own income after paying for these things. I'd like to think that most parents will prioritize their children and not have any ulterior motives behind it (like expecting care when they are older)
Actually its not really that an investment but rather its an obligation or something that our responsibility to spend something to  raise up our kids on which it would really be just that normal. I dont know on why it do end up on having those terms about being an investment because there's no assurance that your kids will really be looking back at you, at the moment that you do have that kind of sense of responsibility that you are pointing out into your kids then you would really be expecting something in return on which we know that its a bit absurd on this aspect. This is why it would really be important that you should really know
about your responsibility as a parent and never ever make yourself that making your kids as some sort of investment on which giving and providing it all because you've been expecting something in return in the future
about supporting you on the time that you do get old.

It would really be that just right that you should be doing your responsbility as a parent and never ever expect something in return and thats why it would really be that relevant or important
that you should really be having that kind of back up and savings both you and your wife or husband on the moment that you do get old so that you wont really be finding yourself to be that
needs support.

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July 17, 2024, 08:59:01 PM
 #226

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.
These parents are risking really high... Nothing guarantees there are going to be high paying jobs for their children in the future, neither that their children will take care them in the future. It's not an obligation by the law. It's just an ethical expectation, since it's expected the young ones take care of the older members of the family in every species of animals. However, what we see among humans is that the young generations are dropping the elders at caring centers and nursing homes.

Elders aren't seen as wise individuals the family want to have nearby. They are seen as a heavy burden the family wants to get rid as soon as possible... It's harsh to say these words, but that is what is happening in this modern world, especially among those who put money above everything else, what I believe to be the case here, since the parents are educating their children to develop that kind of mindset in the future.

I believe the limit when investing in a child's education must be what the family can afford to pay. Nothing exaggerated like selling properties should be done. The most essential material in someone's education is love, followed by attention and care.

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July 18, 2024, 05:33:57 PM
 #227

I believe the limit when investing in a child's education must be what the family can afford to pay. Nothing exaggerated like selling properties should be done. The most essential material in someone's education is love, followed by attention and care.

In case a child is a prodigy, he is doing great at school and show interest to knowledge, would you still not go over your limit to send your kind into most affordable college? What if the kid is next Nobel prize winner, or you feel like he is about to invent something, but he lacks some specific knowledge. Would you still send him to local or average school or university?

R


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July 18, 2024, 10:56:53 PM
 #228

It is not always good to invest money excessively in the development of your child. I don’t know what it’s like to raise my own children yet, but I have friends who have been raising children for a very long time. 
And they often say something strange to me: you need to live for yourself and not for the sake of your children. I think they mean that many people forget about themselves and do not spend money on themselves, but they need to keep their style and property at a high level.
Pampering children is one of the obligations of parents, but if you do it too much, it's not good because I think when parents pamper their children too much or invest excessive money in their children's development, they are afraid that the child will become dependent. Where many things have to be resolved with their parents, whereas in general it is better for us to be independent. Even though it is their right, there will be a lot of unpleasant talk if they are still dependent on their parents. I myself don't think about depending on my parents even though my parents are rich.

Different people's attitudes are a given, there are people who maintain their own level of style even though sometimes it is forced. And it's natural because I think everyone has an attitude of prestige that has been there since birth. However, the point is that anything done excessively is not good and is not recommended, so limiting everything regularly is something that must be done.

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July 26, 2024, 03:18:48 AM
 #229

It is very natural for parents to nurture their children but exaggerated behavior in child rearing poses a threat to the children as well as to the parents later in life. So I believe that parents can get good feedback from their children only if they are balanced in raising their children or investing in them.
Parenting is very composery, not a favour to your children, a good and honest parent will not sit and said he is waiting for his children to bring profit of what they have invested on them, most of the time some parents are the courses of children failure because they put that him mind that the children must be rich forcing them to do what they can't do, they normally stop children from pursuing the own dream which they think they can perform well and bring out a better result but since parents believes in a particular way that if their Children focuses on this area he/she can do better, must of the time it's work out while some failed.

The important of parenting is that non parents wishes their children to live they had, they prefer better life for them that why each parents have to hold their own responsibility
It is a very simple fact that parenting is a responsibility not a favor and there is no arguing about it. Parents take the responsibility of taking care of the child until the child is not able to take care of himself and his own responsibility. But many times it is seen that some parents are so much worried about their children that they harm them in order to do them extra good which they don't understand at the time. But when they realize later there is nothing left for them to do. Because when the soil is raw it can be shaped as desired, but when the soil hardens it cannot be shaped as desired. So I think moderation in anything is very important. Nothing exaggerated can give good results.

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barisbilgili
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July 26, 2024, 05:01:06 AM
 #230

Pampering children is one of the obligations of parents, but if you do it too much, it's not good because I think when parents pamper their children too much or invest excessive money in their children's development, they are afraid that the child will become dependent. Where many things have to be resolved with their parents, whereas in general it is better for us to be independent. Even though it is their right, there will be a lot of unpleasant talk if they are still dependent on their parents. I myself don't think about depending on my parents even though my parents are rich.

Different people's attitudes are a given, there are people who maintain their own level of style even though sometimes it is forced. And it's natural because I think everyone has an attitude of prestige that has been there since birth. However, the point is that anything done excessively is not good and is not recommended, so limiting everything regularly is something that must be done.
The role of parents is indeed quite influential for the future of children, everything starts from education since childhood and indeed spoiling children excessively is a big mistake unless the child is still too young but slowly there will be a distance that requires the child to be independent.

Likewise in investing in children's education, we must see our own abilities and also financial capabilities to be able to complete it.
And regarding the limits of investment in children, I think it is not too excessive as long as it remains positive and still within our reach.

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HelliumZ
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July 26, 2024, 10:26:12 AM
 #231

I will not put any limitation about bitcoin for my child as I will give my child proper knowledge about different virtual currencies along with formal education and make him an expert about virtual currency. We may have initially limited knowledge about virtual currency but I will not put any kind of limitation on my child but I will give him advanced knowledge about bitcoin, about bitcoin investment, so that my child will not have any kind of limitation in investing. do not fall into

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July 27, 2024, 02:01:36 AM
 #232

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?

There is such an emphasis on schooling in this day and age and I can honestly see a decline coming for the traditional way of schooling. At least in America you have the entire school system is in haywire, with all this shit about pronouns and folks who can't tell if they are a boy or a girl its just bizarre & definitely not something I want my children to be a part of. From K-12 we are seeing a huge increase of children being homeschooled- parents trying to put their kids in these high level schools . As far as college goes, I am trying to set aside for each of my kids a college fund, but honestly my goal just like any parent is to encourage them to work hard to try and get a scholarship whether it is academic or athletic. early on I think are just wasting their time. If you can homeschool do it, if you can't figure out how to because homeschooler test scores are better and its proven! Kids only need like a few hours of school a day, the rest of the day should be spent being creative and having fun & focusing on a sport or a skill or even a business.

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July 27, 2024, 05:17:37 AM
Merited by ChiBitCTy (2)
 #233

It is not always good to invest money excessively in the development of your child. I don’t know what it’s like to raise my own children yet, but I have friends who have been raising children for a very long time. 
And they often say something strange to me: you need to live for yourself and not for the sake of your children. I think they mean that many people forget about themselves and do not spend money on themselves, but they need to keep their style and property at a high level.

I think like with anything any sort of financial planning should be done with both the parents and children in mind.
This brings up something that sort of makes me laugh.  I used to date a girl in the beginning of my college career where here mother did absolutely everything for her.  She was bratty and had so few manners because her mother didn't focus on those sorts of things with her, it was just all about giving her everything she could.  I remember thinking "what a brat" as her mom would get herself in positions of not living the life she could just because she wanted to spoil her daughter.  So yeah you could definitely take it too far as a parent.
I think this is an important point that every parent should know. I don't think it's a good idea for parents to invest in their children by selling their property. As parents we also need time to have fun and we don't have to sacrifice everything for our children. If I were a parent I would give what I can to my child. I want my child to be able to understand the financial situation of his parents. I prefer to give my time and education of attitude to my child because it will be the foundation of his life in the future. I often find incidents like what you said @ChiBitCTy, sometimes parents spend their wealth for their child's education but they don't pay attention to their attitude and morals. They only think that by sacrificing a lot of money their child will be educated in a prestigious university and will become someone who is moral and successful in the future. In fact, the most important education is what is obtained from parents, not from the school environment.



R


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July 27, 2024, 08:51:45 AM
 #234

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?


You are absolutely right, in as much as we should work hard and make life easy for your children it's also very vital to teach them the importance of hard work, encouraging them to have a skill or even opening up a business for them is a good way to go..so many rich parents neglect this and their children gets spoilt and over pampered forgetting thst one day their parents might not have so much money.. another reason why there should be a limit is  if that money they are always getting from you stops coming some kids might even steal from you, or those outside and this would be very disappointing to you as parents...learn to teach them the value of hardwork

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July 27, 2024, 10:57:28 AM
 #235

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?

In my opinion I don't really see educating a child as an investment plan but rather a responsibility and obligation that has been from creation.
It has always been that the parent of any offspring bears the responsibility of nurturing till maturity when they will become independent of their own and continue the same process which is essential for existence. So if the parent loves the child and desires the best for the child it doesn't mean the child owes him or her in return. But thesame goes to the child in the sense that he/she may love his/her parents and decide to care for them.

But that doesn't mean the children can't be invested upon either,the children may turn to be part of the parent's investment plan when the parent establishes a family business maybe a company or a factory depending on the kind of business that suits his investment strategy.
I've seen many businesses that is been controlled by members of one family and it continues even to the great grand children. So in that sense it becomes investment to me.
MissNonFall9
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August 01, 2024, 04:23:41 AM
 #236

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?


You are absolutely right, in as much as we should work hard and make life easy for your children it's also very vital to teach them the importance of hard work, encouraging them to have a skill or even opening up a business for them is a good way to go..so many rich parents neglect this and their children gets spoilt and over pampered forgetting thst one day their parents might not have so much money.. another reason why there should be a limit is  if that money they are always getting from you stops coming some kids might even steal from you, or those outside and this would be very disappointing to you as parents...learn to teach them the value of hardwork
It is very important to teach children the importance of real life. Due to this their way of life will be easy and orderly besides academic education to provide them with as much family education as possible. Every parent wants their child's future life to be beautiful and orderly. So they fulfill all their duties. Many say parental responsibility cannot be called an investment. Giving yourself time to be well is also an investment. Again I say that everything in the universe is reciprocated even love you can understand if you observe. So our responsibility towards the child is also a kind of investment.

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milewilda
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August 01, 2024, 12:32:21 PM
 #237

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?


You are absolutely right, in as much as we should work hard and make life easy for your children it's also very vital to teach them the importance of hard work, encouraging them to have a skill or even opening up a business for them is a good way to go..so many rich parents neglect this and their children gets spoilt and over pampered forgetting thst one day their parents might not have so much money.. another reason why there should be a limit is  if that money they are always getting from you stops coming some kids might even steal from you, or those outside and this would be very disappointing to you as parents...learn to teach them the value of hardwork
It is very important to teach children the importance of real life. Due to this their way of life will be easy and orderly besides academic education to provide them with as much family education as possible. Every parent wants their child's future life to be beautiful and orderly. So they fulfill all their duties. Many say parental responsibility cannot be called an investment. Giving yourself time to be well is also an investment. Again I say that everything in the universe is reciprocated even love you can understand if you observe. So our responsibility towards the child is also a kind of investment.
Im not saying that i am rich but i do have that kind of living or financial state which is really that way more than of an average person but i do really teach my children to have that a simple living on which it isnt really that something that been raised on an extravagant way or being that too comfortable for them. I do teach them on the way on how this life works and on how hard to earn money. Making up some teachings about
simple living and being contented on what we do have.Yes, we do have that much better life but this isnt something that been acquired easily but rather its been obtained due to hard work and perseverance
us parents. It would really be just that normal that you would really be giving all for your kids on giving them a good life and living but of course only people who do mind about too much spending or providing
considered out to be an investment. lol.

If you arent that expecting something in return then you wont really be having these kind of thinking that you are already spending too much in your kids.This is why it would really be that better that
both husband and wife should really be thinking on saving up for their retirement age or on the moment that they do get old so that they wont really be that relying into their kids
and making them having that kind of responsibility once they do finish up their studies and having their own work.

Justbillywitt
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August 01, 2024, 05:17:32 PM
 #238

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?
For me I will say parents should not spend all their resources to train their children in school. Yes school is good but they should also make some savings to give their children a start up capital to start up their dream business when they graduate from universities. Any parents that send their children to school mean well for them, because education is vital for personal growth. spending on children education should have a limit, because things are changing as there are there are no more government jobs and the private sectors are sacking more than they are employing. So instead of sending a child to a school where you will pay over $5k as fees for an academic year, you can decide to send the child to a school where you will pay $2k and save the rest. If you do this and when  the child graduate without job, you can give the child the capital saved to invest in businesses. When this is done the child won't have to depend on his parents again for survival and he won't spend countless years waiting for jobs that ain't coming forth. He will be an employer of labor instead of waiting to be employed.

R


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MarissaLopez
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August 02, 2024, 08:52:22 AM
 #239

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?

From my own point of view investing on ones child is a good thing but it's not an avenue or a medium of investment having mindset of getting your rewards when the child come of age, definitely investing in a child should be parents priority but not making it as a formality cause most kids grow these days to forget how far their parents have invested in them as pertaining education and want the Best when they are literally out and doing well in the society.what about those kids that didn't get much investment by their parents cause their parents can't afford the best but they still come out best in the society and make their parents proud.

So what I'm saying is give your child the best you can,not by going extra miles to take loans,I know most parents do that but a child that knows what the parents have gone through for him or her would do well to make their parents proud with or without them investing on them on such rates.
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August 02, 2024, 09:58:02 AM
 #240

It is very important to teach children the importance of real life. Due to this their way of life will be easy and orderly besides academic education to provide them with as much family education as possible. Every parent wants their child's future life to be beautiful and orderly. So they fulfill all their duties. Many say parental responsibility cannot be called an investment. Giving yourself time to be well is also an investment. Again I say that everything in the universe is reciprocated even love you can understand if you observe. So our responsibility towards the child is also a kind of investment.

It is very appropriate to say that the responsibility of our own parents is a form of real investment in our lives today, as well as our responsibility to our own children from now on. Because everyone also really wants to see their children be independent in life and be able to find beautiful things and live very orderly without any problems so that there are many parents who are still trying to make their children smarter and more independent in important things in real life. Apart from that, the time we use now is a very valuable asset for ourselves and also for our children in the future, so we should not spend it in places that are less useful for our lives and our children, both now and in the future.

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