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Time to Raise Money-Smart Children in Kashmir
['Irshad Mushtaq', 'Irshad Mushtaq Is A Srinagar-Based Writer', 'Educator', 'Investor', 'Entrepreneur With Over Years Of Experience In Financial Markets', 'Personal Finance. He Is The Founder Of Mi Securities', 'An Authorized Mirae Asset Sharekhan Outlet', 'A Certified Nism', 'Amfi Professional With Expertise In Mutual Funds', 'Equities']
Kashmir Observer
A Kashmiri teen taps his phone at a local bakery to pay, and the transaction completes in seconds.
Jobs remain scarce, self-employment rises, and families depend on seasonal work in orchards or tourism, remittances from abroad, or a single paycheck.
Lessons begin at home with a piggy bank, pocket money, and goals like saving for a book or cricket bat.
Children quickly learn that money stays limited and saving takes priority over spending.
Children learn that life and health coverage maintains stability during illness or loss, preventing the need to sell assets.