012 - Brijesh Shah, AVP, Fixed Income, IDFC Asset Management Company Ltd.
Episode 12, Jun 18, 2022, 01:48 PM
“What I and my wife started is - involve our daughter in all kinds of small planning. Let’s say, planning a vacation. We would involve her in packing bags, and emergency requirements, all within a budget. Not only did she get a sense of participation, but over a period of time, she started aligning herself to more budget timelines. These are the kind of small processes you can use to make your children more financially aware, in a more joyful manner.”
For many of us, our first experience or lesson about financial wisdom came from our parents, and usually, it was dad or papa or appa who insisted we save for our future. Welcome to the Father’s Day Special on The Moneywise Podcast, where we discuss finance from the perspective of a father!
In this episode, Brijesh Shah, Associate Vice President, Fixed Income, IDFC Asset Management Company Ltd, and father to a daughter, shares with us how he discusses money with his children, the need to inculcate the habit of investing early, positive experiences regarding finance from an early age and the mistakes some make during their investment journey. Tune in to this fascinating conversation for timeless pearls of financial wisdom and to learn how you can talk to your family about money, savings and investment.