Push Your Child or Yourself? Which Type of Parent Are You?
In Singapore, parents start competing in their children’s education from a very young age. Currently, there are three main types of parents:
Pushing the Child (“Tiger mom”):
Tiger mom generally refers a form of strict parenting, whereby parents are highly invested in ensuring their children's success.
Last week, at Paris Olympics discussion, some tigers mentioned that they are planning to enroll their child in sport classes right now, aiming for them to become the next Olympic champion.
Pushing Both the Child and Themselves:
Some mothers set high standards for themselves as well.
In our community, we've seen mothers who are active in the stock market while also being strict with their children.
For example, in previous Singapore’s National Day discussion, one tiger said she would stay home and help child with homework.
Some mothers also express that earning more money now is to provide better education opportunities for their children (like enrolling in more tutoring classes).
Working Hard for Themselves, Letting Their Children Grow Up Happily:
Some parents work very hard in their careers but take a hands-off approach to their child's education.
If the child doesn't perform well academically, they allow them to pursue other interests.
The goal of earning more money is so that their child won’t have to struggle with schooling and work in the future.
Which type of parent are you?
Are You Trading Stocks to Better Support Your Child’s Education?
Leave your comments and also post to win tiger coins~~~
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I think pushing oneself is good but if pushed too much it can cause more harm than good.
if you or child have tried their best then it's good work. no need to put more pressure in this already stressed life... [What]
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Which type of parent are you?
Are You Trading Stocks to Better Support Your Child’s Education?
Leave your comments and also post to win tiger coins~~~
Many parents place extraordinary focus on making sure that their children enter into top schools. They shift homes by buying million dollar properties. By volunteering in schools and communities just to let their kids have that little bit of edge into entering a top school.
Excessive and crazy? There are many who believe that pushing their children hard will give them that edge in life to do well in future. These are the so called tiger mums.
I am honestly a failure of sg education system, I score poorly in school, nearly kicked out of university. Whereas my wife was a top student, who score As. Guess who is doing better now. [Cool]
I believe in letting my child grow and find her interests and passions. Let her find her own path. To support her, I have to work even harder and drive myself to new heights, so that I can create a safety net for her to learn, fail and grow.
At sch, I was the over-achiever who topped classes & cohorts; undeniably & unwittingly making people green with envy. As such, I have the capacity & capability to impart invaluable knowledge to my children.
I told my kids that everyone in the family should work hard tgt & play hard tgt. I want my kids to be multifaceted; to excel not only in academics, but in music, martial arts & whatever that interests them. And if I set the bar high for my children, I lead by example & set the bar high for myself too (investing).
We only live once & if it's not spent giving our best shot at everything we can while we have the time, youth, money & health for it,then it would be a waste of life isn't it?
There are many who are not blessed to see another day & have many unfulfilled aspirations. Hence, we should make every second of our time count. Don't waste precious time doing nonsense that you'd regret after.
Do something for yourself today that your future self will thank you for.
Walao, this statement sounds like the one I made lol.
I grew up in a strict household and the focus was on getting excellent grades and when I couldn't do it, then I felt like a complete failure. I kept moving on from skill to skill as I never felt I was good enough.
I later on realised that I cannot learn in a classroom setting and I'm more of a hands on person. I learn by doing myself. That's why I became a chef, learnt music and dancing.
Currently learning Forex and stocks by doing.
As a parent, I am committed to being both supportive and strategic in securing the best possible future for my child. To achieve this, I actively manage my investments, including trading stocks, as a way to enhance our financial stability and ensure we have the resources needed for my child's education.
Understanding the importance of quality education, I see stock trading not just as a financial opportunity but as a crucial tool for building a solid foundation for future expenses. Through diligent research and informed decision-making, I aim to generate returns that can cover educational costs, from day-to-day school supplies to higher education expenses like college tuition.
Additionally, by investing wisely, I hope to create a financial cushion that allows for opportunities beyond basic education, such as extracurricular activities, tutoring, or even study abroad programs. This proactive approach helps me balance immediate educational needs with long-term financial planning, ultimately supporting my child's growth and development while securing their future.
If you are not a frequent trader, in Singapore, there is an easy choice by investing stable blue chip stocks like bank stocks $DBS Group Holdings(D05.SI)$ $ocbc bank(O39.SI)$ $UOB(U11.SI)$ with much lesser volatility and distribute consistent dividends. Otherwise, can choose other big cap stocks like $SATS LTD.(S58.SI)$ $SIA(C6L.SI)$ . All these options might be a better choice if you only put your money in FD. These stable stocks usually are having a long term uptrend pattern and will suffer less pullback when market retraces. And most importantly, most of them will recover quite fast as soon as market rebounds.
However, there's always a risk in investment. Therefore, do trade wisely and rationally, all the best everybody!
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