Srinagar, April 14 -- It's essential to educate children about the value of money and the principles of saving and investing. By introducing concepts like savings, earnings, and investments in their formative years, children can grow up with a strong financial foundation.

Today, technology simplifies financial education and investment. With smartphones, people can easily manage investments, even opting for Systematic Investment Plans (SIPs) in mutual funds-affordable and adaptable products. Asset Management Companies provide the tools needed, without the necessity of traditional custodians.

Educating children about the value of patience in investing is crucial. Understanding that investments like equities and markets may fluctuate in th...