Who's More Important - Parents or Children?

Children are a gift from above and there is no value to associate the joy and blessing they bring to a couple.

With the arrival of a child, parents tend to divert all their attention to the little ones.

The question is "Who is more important? Parents or Children?"

Consider this analogy:

1. You make reservations for a Presidential Suite in an exclusive resort. This suite costs a bomb and you really look forward to enjoying it.
2. You then make plans for transportation to the resort.
3. Upon confirming your transportation plans, you begin your journey
4. As you are travelling, you have a puncture or meet an accident. What next?

• Are you prepared for this circumstance?
• Will you ever reach the destination?
• If you do not reach the destination, you would have wasted all the money spent on reservations for the Presidential Suite right?

Is this not the same for planning for parents & children? While it is good that you have created a huge $$$ for your children's education, what about their daily needs from now till their University days? Do they have enough for their daily needs (food, clothing, shelter) - maintaining their lifestyle?

Have you calculated the daily expenses of your children?

No. of children  * daily expenses per child

Total expenses * 365 days * no. of years

(above calculation does not include inflation)

Do you realize that this amount to quite a significant amount? Parents need to first take care of themselves before their children. This will ensure they have enough to complete their journey when they enter University (for instance).

Even the airlines recognise the importance of caring for the parents before children. Shouldn't you?

NickG Financial Designer provides specialized & customized advice/planning for parents
Email: gloriouscash@live.com
Facebook: http://www.facebook.com/nickg.advisory