Child Brands in India

Child Brands in India

Do you know that more and more child brands are entering in the Indian market and dumping their products in India. These Brands include Clothes, Games, Toys & Automobiles. Because of these brands, your child will develop a sense of living high status life style since his/her childhood.

And not having this brand will make him feel poor in comparison to his other classmates. The main problem with such child brands is that, your child will be dependent on such brands since childhood and starts thinking that having such things in possession are very important for looking rich.

And if you don’t have such kind of things, you are not rich. In short, these child brands are creating a false mindset in your children. Unfortunately, the parents are also financially uneducated and that’s why they think that they want to give their child all of those luxuries that they have not enjoyed in their childhood. And thus, they motivate their children to adopt such kind of brands.

But Don’t do this. Don’t motivate your child to buy such luxurious brands.

However, not the all the brands are harmful to your child’s mindset. There are several brands which are educational brands such as Personal Finance Games like Cashflow 101, Monopoly…etc.. are useful to teach your children good financial education since their childhood.

Cashflow 101 is a game for teaching your children personal finance and real estate investing since their childhood.

Monopoly is the another personal finance game which is very much popular.

Both of the above games are my all time favourite games and MUST play games for your child. If you really want to gift something to your child than gift the above 2 board games and play these games with your child. This will boost the financial IQ of you child by several folds.

Don’t pamper your child by giving him/her branded clothes and luxurious child. If you do this, they will grow as a Financially dependent adults. But if you give them Financial educational products, they will grow as a Financially Independent adults.