India, Feb. 23 -- Amrita Choudhary (name changed), a top-brass management professional in an MNC was one of the many people across the country who had to face the axe due to the economic disruption unleashed by the COVID-19 pandemic. A single mother of a teenage daughter, Choudhary had a harrowing time until she was employed again. Having exercised financial prudence for years, she had an adequate buffer that helped her sustain a few months without an income. However, the turn of events also led to the realization that as parent it was extremely important for her to start building her 15-year-old daughter's money management skills - something which she had procrastinated for years.

"Adolescents today are living in a world that is highly ...