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The possession of money is less important than how you use it

Jun 04, 2017 Letters

Dear Editor,
I read the recent letter about respected local outfits coaching ‘John and Jane Public’ in financial management, in advance of envisaged benefits to be reaped once Guyana’s economy is given the boost expected because of oil and gas. A good step to take! Years ago, while still in the workforce, I learnt that it is not only a case of how much money one brings into the home that matters; it is mainly a case of how one uses that money. To live – to exist at all – one needs shelter and food. Try to make sure those ‘musts’ are put aside for the purpose, then, carefully allocate the rest according to priorities. Alas, some people are better at this than others- “and thereby, hangs a tale”.
However, we must all try to do the best we can with what we have. Sometime ago, I suggested to Brits that children should be introduced to financial affairs during the last term at primary school – at age 11. By dividing the class into two teams, giving each the same amount of money to prepare the identical meal, then, judge at the end who makes the better meal at less cost. Most primary schools have kitchens, so the operation could be done on the premises. This seems a good start. (“Tasters” could be chosen from another class). Although Guyana may not have kitchen facilities in primary schools, the idea may be adapted to fit. “As the twig is bent….”
Geralda Dennison

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