13.) Describe a time when you received money as a gift.

13.) Describe a time when you received money as a 

gift.

- When did you receive it?

- What did you do with it?

- How did you feel about it?

In India it is very common to receive money as a gift and here I would like to talk about a time when i received money as a blessing from an elder family member.

Particularly, very recently my maternal grandmother had visited our house and she had brought a lot of  sweets and gifts for us. She had visited our house because there was a house warming party at our new house. After completing the holy rituals she had given me 2100 rs as a blessing from the elders. I felt really happy at that time.

I gave that money to my mother, since in my culture, money given as a blessing is not spent and is kept in a locker for it to foster the good vibes in the home.

I always feel happy when my elders give me some sort of blessing; it may be money or sweets since their blessings save us from negativity and bad energies.

Follow-ups 

Q1 In your country, do parents give children money for doing housework?

In my country, India, it is not  usual for parents to give money to their children for housework. There maybe very few parents who do this and it is mostly considered as the children’s responsibility to help with the housework. Tu

2. Is it important for children to have a right attitude towards money?

Yes, it is very important for children to have the right attitude towards money. Children should learn the importance of money and learn how to save it starting at an early age, so that this habit continues in the future when they start working and earning. 

3. What do you think of the saying; love of money is the root of all evil?

i actually feel greed is the mother of all evil, because apart from parents and family, it is the money which stands by a person in times of need; but becoming greedy and doing unfair things to get it can be troublesome for everyone.

4. Is it important to teach children how to manage their pocket money? Or Is it good and necessary to teach children to save money? 

Yes, it is very important to teach children how to manage their pocket money so that in their adult life they understand the value of money and are better at managing their finances in the future. 

5. What kind of occasions require people to send money as gifts?

Occasions like birthdays, weddings, congratulating someone on the birth of a baby, and some other 

such occasions require people to send money as gifts, especially in Indian culture. In addition it can be  because people are unable to decide about the gifts 

6 Why do people rarely use cash now?

No that's not the case, people use cash at almost every place but yes with advent of digital payments one can actually pay money by using the phone and it is becoming very popular but cash is indespensible part of our life.

7 When do children begin to comprehend the value of money?

Not untill they become responsible for their own needs and learn how to earn money in the right way. 

8 Should parents reward children with money

This Depends on the kind of mentality you want to develop in them, if you want to make them employees, rewarding money is good. If you want them to be owners, then they should learn how they can earn money by understanding the work and how to do it in an efficient manner.