Practicing the lessons of ‘Millionaire next door”

For quite sometime my older one – Lydia has been saying that she want to learn to play Piano. We called up the piano instructor in town and he wanted us to wait till she became seven years old and guess what? Now she is seven and she is after us. We couldn’t resist her interest so there we went and signed her up for piano classes.

Teacher mandates that we have an instrument at home to practice (he only teaches one day/ week and the student has to practice at home) which we don’t have and we had to make a decision whether we are going to buy one or not. When we enquired, it is working out to be beyond our family’s budget. I guess the weakening dollar and the inflation have didn’t help but Lydia’s interest has been so strong that we want to do the right thing.

We decided to buy it but how? I remember reading a book called ‘Millionaire next door’ while living in the US and learnt how actually people become rich and on what the rich people spend. By no stretch of imagination, I dare not identify myself as rich but one thing that was mentioned in the book about rich people do, impressed me so much that I talked to my wife and she readily went along with my decision to buy the Piano.

Lesson is this: Save on anything that you possibly can (however little it may be) and spend as much as you possibly can on your children to broaden their horizon of learning. What do I have more than my children to live for? We talked to Lydia about the cost of the instrument and how she needs to make use of this. She has readily agreed to do that and we are happy to have purchased the Piano. Saturday will be her first Piano class and she is having sleepless nights to wait.