Radhika Gupta said that we should never let money affect our sense of self-worth.
Radhika Gupta said that money has a real purpose and hence, earning and saving money is important.
We all want money-saving and investment tips in today’s world. Sometimes financial services come in handy and sometimes, we get some financial literacy through YouTube videos. But beyond growing our net worth and increasing our corpus, we should also carefully define how we think about money. And Edelweiss CEO and MD, Radhika Gupta has come to our rescue.
Radhika Gupta recently shared the top five money lessons she wants to teach her child first. The head of the Mumbai-based investment and financial services company, Gupta has a son named Rémy Gupta Moniz, and she has already disclosed that she has set up an index fund for him. On Sunday, she tweeted, “Five thoughts about money that I want my child to learn first.”
Gupta first tweeted that money does have a real purpose. “It enables you to fulfil your dreams, it makes the little and big things in life easier. It adds comfort, and it enables moments of joy, for you and the people who care for you. So earning money and saving money is important,” she added.
She said that money cannot define us and we should never let it affect our sense of self-worth or our confidence. “Never let it affect how you are and behave with others either, because people are more than their bank balance,” she wrote.
Emphasising the significance of gratitude Radhika said, “You have more than I did and I have more than my parents did because each generation has worked hard. Use what you have to take another leap, to take risks, to create opportunities that we never had,” she tweeted.
As part of her fourth tip on her Twitter thread, she wrote, “Greed takes you down. Finance is one of the best-paid industries in the world, yet the biggest and best fall hard because of greed. Know the value of “enough” and never take a shortcut to earn money. It can never be worth it.”
Radhika Gupta concluded, saying we should focus on managing our biggest asset which is our talent. She tweeted, “Your parents have earned a living managing money. But first, focus on managing your biggest asset- your talent, and you are playing in one of the best markets in the world- India. Learn to read, write, think, fall, rise, dream, create and build.”
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