Dad’s money secrets: Timeless financial wisdom for Gen-Z

financialexpress.com:

By Krishnan Vishwanathan

Do you remember the first time you held a coin in your hand, marvelling at its shiny surface and imagining all the possibilities it held? For many of us, that moment wasn’t just about spare coins—it was the beginning of a journey into the world of money, guided by the wisdom of our fathers. On Father’s Day, let’s take a nostalgic journey back to those formative years, where Dad’s money secrets were our first glimpse into the complexities and possibilities of financial management.

In a world where Gen-Z is shaping the future of finance with their digital savvy, the timeless lessons from our dads continue to hold value, especially in the realm of finance. From the clinking of coins in a piggy bank to the convenience of digital transactions, Dad’s teachings were rooted in practicality and wisdom. Join me as we delve into the treasure trove of Dad’s financial wisdom and uncover the lessons that complement the digital landscape of Gen-Z’s financial habits.

While Gen-Z embraces digital transactions and online financial services, the essence of financial responsibility remains paramount. My father never sat me down for a formal lesson in budgeting or saving, however his actions spoke volumes. I watched him meticulously manage our household finances, prioritizing savings and investments. His dedication to financial responsibility served as a silent yet powerful lesson, shaping my own approach to money management and inspiring me to lead by example for my children. It is imperative that the Gen-Z understands the importance of financial responsibility and have a role model that they consult and follow instead of just depending on their own expertise. The GenZs might be tech savvy but some learnings come