Skip to main content

Eliminating poverty: An advise for parents

Image courtesy of Stuart Miles at

Today I thought about people that have very little. The absolute reason for abject poverty is lack of education. Some individuals were born into wealthy homes while some others were born into poverty. Due to poverty as such tender age , some parents place their own financial burden on their kids. I thank Allah I was blessed with great parents. Someone once told me about a person that got into legal trouble just because the person was trying to make money for family. At the age of 14 the person had to start making money for family. The person learnt a lesson. I do believe people should be given second chances as long as they have paid for their sins and changed for good. 

Now parents hope you know you play a vital role in the development of your children psychologically, financially and others. Education is very important, and guess what apart from other great benefits it gives, it can help you achieve financial success. Correct me if I am wrong, but government provides free primary school education even in the poorest countries, so take advantage of it. While free secondary school education is available in some countries. Parents send your children to school that is the best heritage you can give them. Do not make them sit at home and help you with your trade. All you are doing is putting them at a disadvantage. Even if you cannot afford to send them to the university send them to both primary and secondary school.

I am going to be realistic with you, the wealthiest people in the world are educated. Even if your child is talented, that education will still help differentiate him or her.  Your children can then work to send themselves to the university if you cannot afford it as a parent. Some people have sponsored themselves and they ended up financially successful. In developed nations an individual can learn a trade and still make good money but not as much as the educated, however, it is not the same story in developing nations, people that learn a trade do not make much money like sewing, fishing etc

When you place your financial burden on your kids at such tender age all you do is stress and expose them to negativity. Let them be kids, they are kids. Even some children come up with the mindset that if they do not make money to contribute for the upkeep of their family they will be rejected by their family, as such they are motivated to do uncomfortable things. Do not put your financial responsibility on your kids. An advise for wealthy parents that own a company please let your children know that it is okay to work for others. I was talking to a young adult, the person was complaining about being broke cause the person's father (owner of a company) had financial difficulties so the person was not getting as much money as before from him.  I said to the person get a job, unfortunately for the person, working for someone else was belitting. It is such a pity.

Parents do not let your children grow up with the mentally of they cannot work for others cause guess what financial mismanagement do happen and if that happens, do not put them at a disadvantage, make sure they do not develop such mindset. It is good to start your own company, however, the early stage of the business might not bring income or adequate income. Some businesses do not break even till after 2 years. Bring them up in such a way that they can lead and follow.

Keep checking out my blog regularly, Cheers!


Popular posts from this blog

Work-life balance: all should attain it

Hello readers, today I will be writing about work-life balance. According to, work-life balance "is a comfortable state of equilibrium achieved between an employee's primary priorities of their employment position and their private lifestyle." All work and no play makes Jack a dull boy, thus, you should find a balance between work and play. Here are some tips to help you achieve it.
1. Do not check your email (work) after working hours, this will help improve the quality of time you spend with your family and friends. Thus, you should not be distracted by work when spending time with your family and friends. 
2. When you decide to improve the situation of your work life balance, take it one step at a time. For example if you do not get to spend time in the evenings with your family during the week days due to coming back late from work, you should decide to spend one day a week and gradually increase it to two and then three till you get to spend the…

Eid Mubarak

The world of competence

Hello readers, it has been a while. Hope you did not miss me much, the good news is I am back now. Today, I will be writing about competence.
Competence is the ability that enables a company or an individual to deploy its resources effectively. It is neccessary for a company to have a competence target in all its business activities so as to deliver value to its customers. This will help create a competitive advantage for the company.
Competencies must provide value to customers. It must be unique or able to develop greatly or be better than that of competitors. New products and services must be able to be developed as a result of the competence. It must be difficult for other competitors to obtain or imitate.
Continually producing high quality products can make a company become a market leader (which is a core competence) as it provides a company with a competitive advantage. With high quality, higher prices can be demanded by the company from customers and the company will also be able…