Managing money, as we all know is crucial in every aspect of life. From raising a ‘kid’ to ’retirement’, money is needed. Income generation, investment and savings all requires effective money management on your part.

Imparting the money management knowledge to children right from the early age will be rewarding in the long run. Since children spend most of the time at home, parents should make them realize the importance of money management.
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The arrival of a newborn brings happiness and is a reason to celebrate. Being a parent is a ‘dream come true’ for all of us and all our troubles take a backstage. Parenting a child is however not easy, as it demands a lot of planning ahead and responsibility.

One question is sure to cross every parent’s mind “Can we take good care of our child?”

The ground reality is that you need to be emotionally as well as financially prepared, to take the job of being a parent. On the financial front you would have to ensure that you have sufficient finances of both near and future expenses – right from their birth till the time the become independent.
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(I was in the middle of a traffic jam.)

Oh gosh! What to do now as I was invited for soccer match by my friend, Nike.I had to reach the stadium by 2 pm. But I was finding it hard to drive as the vehicles were jostling hard to get ahead. As I looked into my watch it was already 2.45 pm and I was cursing the situation badly.

Anyhow I reached the stadium by 3.15 pm. I parked the car hastily and went inside the stadium. The match was about to end.
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Finances Finances where are you,
Recession in the economy and the debt is due.

Business is down and philanthropy is low,
For Lehman brother’s, it’s a financial blow.
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I was taking a morning stroll in the park near my house. The weather was cool and soothing. Children were playing and ladies were trying hard to shed those extra pounds. Some people were laughing like anything, which was a part of their exercise, I suppose.

I was also in a good mood as today was my brother’s wedding. Soon I sat on the bench to take a breath.It seems like me and brother was in the school and both of us were known for our escapades in our neighbor. But now he was getting married. I was really happy for him and was gifting him a new car on this auspicious occasion. But I was little confused as to: Which color should I choose for the car? Which brand I will take…
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It was 8:00AM in the morning.
“Wake up you lazy fellow…” My dad shouted at me and said, “Idiot you are getting late for your lawn tennis match.”With eyes half opened I said, “Just a moment Dad. But as soon as I saw the clock, I was shocked as it was 8:05 AM and today I was having the finals of lawn tennis match at 10:00AM.

Soon I jumped out of the bed and went for the morning chore activities.By the way, now I was not a regular lawn tennis player. I was playing the charity matches.At my school level I was a lawn tennis champion and have brought many accolades to the school.
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Totally exhausted coming back from office, I rang my home door bell. My mother asked me why you are so tired and I said the same hectic schedule mother. My mother went to the kitchen for preparing tea.
Lying on my sofa, I was relaxing and succumbed to slumber.

Soon I found myself in a beautiful place with beautiful flowers along the flowing stream, and everything there was spreading happiness. Totally amused, I wondered where on earth you can find such a beauty!As I was exploring the place, I saw a man watering the flowers.
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Managing money sounds too easy, isn’t it? But actually when it comes to managing your hard earn money, it becomes a Herculean task. At the end of the month you may feel like you have goofed up your already tangled finances. Moment of anxiety followed by confusion, you ask yourself –“where did I spend my money?”

It is because of these two simple words: “managing money” that in its absence even the illustrious Lehman brothers ended into a dire state of misery.
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