Tuesday, October 22, 2013

Cha-Ching! Cha-Ching! ... Earn, Save, Spend, Donate

Mother is feeling well and would attend her Novelty class and I got an invite from Janette Toral. So I consider it a free time for me. Had breakfast with mother and she did eat and it was one less worry. She is my mother and I do worry but the relationship between an adult mother and son is so different. I have to treat her as a capable adult less she take offense or erode her confidence.

The invite is definitely something new : first time for me to hear of Cha-ching! Sound of a cash register - problem is, how does one really pronounce it? Cha as in hard Ka or the soft Tsa? Whatever, not going to go into debate over that - its cartoons thus it aims to entertain BUT to teach kids of 7-12 financial literacy.

Cha-ching is shown under the Cartoon network and partnered with Pru Life UK, there is also support from DECS. The audience was then a mix of children ( 7-12 ages) and adults primarily composed of teachers, media, and some parents.

The event was an eye opener, it made me think about social status. Although Prudential Life had partnered with both private and public schools : majority was with private schools. I can only presume that it is because children who study in public schools are more aware of the importance of money, how hard it is to earn for their parents, to save for their education and thus how they have to spend more wisely... and that they are usually on the receiving end of donations. The private school children are usually not aware of money problems, thus in the question and answer portion, two questions from two children were raised that elicided some smile: 1) how do you create cartoons? and 2) why do they only one set of clothes?

The CEO pointed out that children should know between their needs and wants and that they should be able to save ... hmmmmm .... and in the open forum, it was pointed out that there should as well be financial literacy for parents. AH!!!!  Good thing my Mother is not there. My mother had always been industrious and thus she had earned and saved all her life - and spending it was never a question for her. She always point out that regrets come in the end and that she would rather buy than regret not buying. You like it? Buy it!

My Mother is 72 and at times she shows her frailty - and I do agree with her. I always consent to whatever she wants. No use arguing on stressing what she simply needs, its her money. What is the use of saving it since she would point out another fact about money : you cannot take it to the grave!

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