October 31, 2009

Guruji's Address at Jerusalem

Peace and prosperity go together. If there is peace, there is more prosperity. The whole world today is interested in having peace in the Middle East. But we know that the problem that the world faces is terrorism, which is not going to vanish so quickly.


There are two major communities in the world which are struck by terrorism – one is India and the other is Israel. No other country is affected by terrorism as much as these two countries are, especially India. Every month in the last year there has been a terror attack. This is due to fanaticism and fundamentalism, which I feel can be quelled through educating children in a multicultural and multi-religious manner. When a child grows up thinking, “Only I go to heaven.
Everybody else is going to hell,” they create a hell for everybody else.


So we need to change the Mindset among children to embrace everyone with love. This is the effort we have been making irrespective of their religious and cultural backgrounds so the mind can become calm. The mind vacillates between the past and the future all the time. We need to bring this mind to the present moment, where it is able to move forward forgetting about the past and not being anxious about the future. I would say that we have all taught people everything
other than how to learn to manage the mind. From childhood, children have anger, jealousy and hatred. We tell them don’t get angry, don’t get jealous, don’t be greedy, don’t feel depressed. But we don’t tell them how not to get depressed, how not to undergo all these negative emotions.


This is where I thought we have to use the power of the breath because the breath is the link between the mind and the body. With the power of the breath, we are able to calm the mind and improve our perception, observation and expression. Breathing has helped millions of people cleanse their own mind. Though some yoga techniques have been there since the last 5000 years, they were not shared with everybody, but kept to a few. They were very precious and only to be given to the right person. I thought that today we should open up and give this – which is so
useful to people, to everybody, irrespective of their religious background, cultural identity – something that is useful to calm the mind and to feel happy from within. I felt that it is the property of the whole world, so we must share it with everybody.


Since then we started sharing this knowledge and we have got a very good response from the people getting rid of anger, hatred and also fear. Here also, in Israel, all along the border fence, people have had so much fear that they couldn’t sleep at all because anytime, at any moment, there could be an explosion, a bomb attack, or terror attack. These people also could get over those anxieties and become calm and have that endurance. This type of work is happening.


More relevant to the business world, as you know how business markets have crashed: It took nearly 10 years for communism to go from the world. It took less than 10 months for capitalism to collapse, just less than 10 months. It’s just the greed of a few people that has made millions of people suffer. This is unfortunate.


So we have this conference, Corporate Culture and Spirituality, where we have to sit and think how we can overcome this. There are many examples among you who have done your job with integrity, truthfulness, but your example has to come in front of people. They should see this company has been very responsible or this company has been doing business with integrity and honesty. That would inspire the young business people in the world. With this idea we have been doing this Corporate Culture and Spirituality conference where people realize that trust is the
backbone of business and that if trust is lost then everything is lost. This idea is being promoted more and more so that young people have an opportunity to be inspired.


When we were all children we used to hear so many stories of Mahatma Gandhi and get so inspired by him. But today, leading examples are needed in the field of business for young people to do business with honesty and integrity. So we have started this project called Corporate Culture and Spirituality. Spirituality, to me, means that which uplifts the spirit – anything that brings up that joy, enthusiasm and harmony and creates more compassion and a sense of belongingness with everybody.


Today the Jewish community is so strong in America and very well organized. I have been a keynote speaker at their century celebrations two years ago, I think. They were so well organized and they contribute to the growth of the American economy. In India as well, we have the Jewish community. It’s a very small, but very powerful and strong community. There’s been an old Jewish community in Kerala for thousands of years and in Mumbai also. The two streams of thought, Torah and Vedas are the most ancient on the planet. The oldest of all the religions is Judaism on
one hand and on the other hand the Hindu way of life, Hinduism.


There are a lot of similarities, we both say one thing: you say, “Shalom,” and we say, “Om Shanti, Om Shanti”— “Let there be peace!” Let us all be united. The world is one beautiful family. This message we need to take everywhere, to every doorstep. One is individual peace – peace is not just absence of conflict. It is a positive inner emotion. When we feel happy, only then would I consider that we are peaceful. That happiness has to be rekindled.


In Israel, among the youth, there is lot of frustration. Quite a few suicidal attempts are also happening. These youth need to be guided to inner peace, and this can happen just with the breath. I usually say we need to secularize religion, socialize business and spiritualize politics. Secularize religion means any religious leader cannot say I care for only my people. He should care for all the people in the world. An Imam cannot say my responsibility is only to Muslims.
He should say my responsibility is to see that all the people in the world are happy. Similarly, a Christian priest or a Rabbi, they can only say I care for all. In Sanskrit we say, “Sarvejanah Sukhino Bhavantu,” – “Let all the people on the planet be happy.” This is what I mean by secularize religion. Then fanaticism and terrorism will disappear.


The second is to spiritualize politics. If politicians are spiritual, then they care for people. Corruption and nepotism will disappear from politics. We will get back to the era of Mahatma Gandhi where politicians really cared for people. Then socialize business, which means to say every business takes some social responsibility: helps out institutions, helps out women and children – not just gives them money, but also cares for their well being.


If all your employees are happy, if they are integrated, then they will have integrity and commitment. If not, call them and sit with them, talk to them. If you don't have time for it, we can do it for you in what we call the APEX program for which four days are needed. Two to three hundred business companies have used this APEX Program where the youngsters who are the employees are given commitment and happiness from within because happiness is something that comes from within.


Q: Let’s take one idea - that the Imam will say, “we take care for all believers, not only the Muslims”, and the Rabbi will say not only the Jews, but for everyone. So what actually do we have to do to evolve because at the moment the extremists dictate the course of events?

Sri Sri: First of all, inter-faith dialogues and education for those people is essential. Second is that the people of the same community will have to identify the extremists and isolate them. For this, a neutral person needs to be there. A third party will have to come and facilitate the dialogue, re-orient them and bring them together. As you saw, we worked in Kashmir. There were 1500 Hezbollah Mohadin group terrorists who were transformed. These people came and shared, “We were doing something that was wrong. We were killing people.” They were caught in a prison in India with whom we worked.

So the first step tomorrow, I would say, is to work in the prisons with those terrorists. Through them contact other terrorists who are out there in the world. Bring them this education, this spiritual experience, a transformation in their mindset. I know it is not an immediate work; it gives results in the long term. In 2001 nobody could go into Kashmir. Businesses were shut. There were no electoral processes. The state of Kashmir was in a mess. Then, with our work till 2004, a big shift has happened. Today 69% of the people voted in Kashmir, and businesses have started though it took between 5 to 7 years. Drop by drop we would bring some difference, some transformation.


Similarly, if we can have 100 youth working for this cause in Israel and Palestine and train these people to think from a different perspective, I’m sure we can find greater peace, because I have seen this work in Iraq. I would like to give you an example of Iraq. You know, in Iraq we started the work between the Shias and Sunnis. There was such a big animosity between them. 8000 Sunnis were driven away from the Shia village. When we met one of the Sunni people, we took them to the Shia village and made them understand. Eventually they [the Shias] said that they
[the Sunnis] may all come back. This is just one example.


I know there is so much more to be done. I know we have not achieved total peace in Iraq, but we have moved significantly. We invited about 50 youth from Morocco and 50 from Iraq to India. These people were so fanatical. They would not accept us because we are Hindus. Hindu means idol worshippers. But just in a matter of 3 weeks they started shaking hands and started dancing with us. There was such a harmonious atmosphere.


We had 22 people from Israel and about 150 from other Arab countries. When they first arrived in Bangalore, the Iranians, Iraqis, Arabs were so furious. They said, “Why didn’t you tell us that you brought Israelis also!” It was as though we had committed a very big crime. They said, “You have cheated us.” But just in three days there was a difference – they started liking each other and honoring each other. We had 150 Arab youth singing Shalom and Om Shanti. That gave us big hope that we can do something.

===========
Q: A lot of our youth in Israel are leaving the country seeking opportunities elsewhere. Wouldn’t this adversely affect our economy? Please comment.


Sri Sri: If it is just 25% of the people going outside, I would say it is good. They will create a sense of belongingness to their country, to the place of their origin. It is good that people go and spread this everywhere. At the same time, if it is draining the economy of a university, of a state – like suppose you support a child to get educated, but then the child goes elsewhere and does not contribute to the government or system – that drain has to be addressed. This is a universal
problem. It is not just confined to Israel. It is there in Asia, Japan, everywhere. I would say it is the sense of responsibility to the university, to the government, to whosoever has given you education, to pay them back. That has to come into people.


Spirituality is uplifting the spirit, the consciousness. Money is for your comfort. It brings you comfort on the material level. We spend half our health gaining wealth and then spend half our wealth gaining our health back, and usually it doesn’t work. So take care of your health because your health is your wealth. It is part of spirituality. Money should be kept in the pocket, not in the mind. If you keep thinking about money all the time, you can’t even enjoy the money that you have produced. So money is needed, but something which is more necessary than money is that humaneness and that happiness that money cannot buy.


The present generation doesn’t worry what others think of them. They are not interested in showing off as much as the previous generation used to. Wealth is a status symbol, a symbol of respect, but that is no longer so in the younger generation. This is something very good. They earn money just for themselves and not to show their status, not to show it to others. And the younger generation, I would say, has become much more intelligent because they see that many people have a lot of money, but no happiness. They are not friendly, not happy, and they are
always stuck. The younger generation feels that they need to get the maximum out of their lives. That difference is there. The only thing is that the generation gap needs to be bridged. This can happen with understanding, through education. I would say that youth are very brilliant these days, very thoughtful and useful, if they don’t fall into the trap of alcohol and drug addiction. This is the danger for them – if they are deluded into all sorts of intoxication, which is a sorry state.

October 29, 2009

QnA with Guruji at Israel

*Q: What is the way to free myself from attachments, especially emotional
hurt of the past as well as trust and mistrust? How can I free myself to be
able to trust again after betrayal and not remain suspicious or cynical
because of that?*

*Sri Sri: *One thing we need to remember is that the whole story will be
finished here! All of us will be gone! We will all go under ground. Life
will come to an end, right? If we look back and see so many people we once
knew are now gone. Those who were with us, they are all finished. More will
go. Everybody will go and one day we will also be gone. This is the
permanent truth, the definite truth in life.

I was just thinking today is my mother’s 10th death anniversary. Already 10
years have passed! Time goes, things change, when we see life from a broader
angle what is emotional hurt then? Somebody said something and it hurt us
and we cried; somebody said a good thing and we laughed. What’s the big deal
about it? Sometimes you’ve said something and it hurt someone, but that was
not your intention. Hasn’t this happened to you? How many of you have
experienced this? You have scolded your daughter/son many times haven’t you?
What if they hold on to that all their life and say I will not forget that
you hurt me. What would you say to them? “Come on let it go, I didn’t mean
it”. Isn’t it? Or “I was stressed I was upset, I was not in a good mood so I
said something”. Don’t you expect people to let go of the hurt that you have
caused them?

You want people to let go of the hurt you caused them. In the same way don’t
you have to let go of the pain they have caused you? If someone has hurt you
earlier, it is due to selfishness and because they don’t know how vast life
is, how beautiful life is. They are selfish because they are afraid. They
are selfish or self-centered because they don’t have knowledge in their
lives. Nobody taught them how to love people, how to be silent, how to be in
this beautiful knowledge. It is not their fault. Is it their fault? If you
have not learnt how to read and write, is it your fault? Society teaches
you. Your teachers, parents take you to school, make you learn and then you
learn. In the same way there was no system for them to learn about life from
a broader angle. So you can only be compassionate towards them. They have
not had a chance to learn, there was no guide, no teacher. They were not
exposed to spirituality. They were not exposed to mannerisms. So they were
small-minded selfish people. That was their up-bringing. So what will you
hold on to? “Oh you hurt me!” Come on let go! Life is moving. When you die,
you will be asked two things: How much love have you given and how much
knowledge have you acquired in your life? It shouldn’t matter what others
have done to you but from your side you should be compassionate. If people
are good towards you, be happy. If they do wrong, have compassion. Life can
only swing between happiness and compassion. There is no third option. In
our life we have lost people who have been very dear to us. What do we do?
That is how life has been designed. We move on. We will also die one day. So
let’s move on with commitment. When we are sad, we pray for strength and
when we are happy we pray for the strength to serve.
====
*Q: Is wanting to find a lot of love in your life considered to be
feverishness? *

*Sri Sri:* If you are aware of the feverishness, “Oh I want it”, then it is
feverishness. Otherwise you just relax. Suppose you want to go to Jerusalem.
You think about it and then you go. Your feverishness is ‘Oh I want to go to
Jerusalem, Oh I want to go…’ Feverishness is ‘Oh I want a boyfriend, or I
want a girlfriend’. Looking at every girl and every boy, running after them,
annoying them, this is feverishness. Have you seen sometimes how people
annoy you? Girls here may know better. A boy is in love with you and keeps
running after you. How many of you find it irritating? So, only you can
decide if it is feverishness or not.
====
*Q: How can I free myself from the polarity of dependence and independence
so that I will be free for real?*

*Sri Sri : *There is nothing called total independence in life. Forget about
it. If you are thinking I want to be totally independent you are not. Till
the age of 15, 16 or 17years you were not independent. You were born
dependant. Somebody had to lift you up. Somebody had to change your diapers.
Somebody had to wash you. Somebody had to feed you. Somebody had to bathe
you, put you to bed. You were born dependant and in the end will also remain
dependant. When you die you are not going to cremate your body. When you are
sick somebody has to attend to you. You cannot operate yourself. You cannot
be your own doctor. After 50 – 60 years, it becomes so obvious that you are
dependent on somebody. To some extent you can’t say I am totally
independent. Somebody has to do something for you. Just the fact that you
pay them some bills, it doesn’t mean you have become independent. You are
just getting it done as an exchange. You are helping them a little bit but
you are still your dependant on them. Suppose no one wants your bills,
nobody wants to work for you, what will happen to you? Because you have some
paper bills and people want those currency bills it gives you an illusion
that you are independent. Money gives you a false notion that you are
independent. You may have money, but what if nobody wants money, then what
will happen to you? You are dependant. So life is a swing between
independence and dependence. At the same time you are independent to think,
you are independent to act, you are independent to have a say over you
feelings, control your feelings, if you want to feel good, it is your
choice. If you want feel bad it is your choice.

You should listen to the *Ashtavakra *knowledge. I have spoke about it in
this. Life is a combination of both independence and dependence. If you want
to be kind you are totally independent to be kind. If you want to have good
manners you are totally independent to have good manners. It doesn’t depend
on others. If you want to speak sweetly its totally dependent on you to do
that. If you want to blame somebody or be rude to others you are totally
independent to do so. You have to choose what you want to be independent
about and what you want to put yourself through. You may think financially
you are independent, but I tell you if you cannot endure certain derogatory
remarks from one of your friends or family or someone, you are not
independent. If someone blames you or tells you bad things about yourself
then you will come to know how independent or dependent you are. If you are
really independent then nothing can bother you. You move with zeal, with
vision, with a smile.
====
*Q: How to get joy in life?*

*Sri Sri: *Forget about getting joy, it will come to you. You should just
relax.

*Q: I am a very happy woman and blessed with a lot of things, so why do I
bother about being over weight?*

*Sri Sri: *You know a man or woman cannot live without botheration. That is
why I started the Art of Living, to get more botherations! So this is a good
botheration, at least it will put a break on you not to take a second scoop
of ice cream. You will not stretch your hand for the second piece of
dessert, or second piece of apple pie. You will stop at half. It is good to
have a little concern, otherwise when you grow older you may have to pay a
lot of bills to the doctor. So it is better to keep a check on the weight
unless you want the doctors to become rich. That is your choice!
====
*Question: What do I do about the guilt I have of not being able to love
some people in my family or even blood relatives?*

*Sri Sri: *Don’t force love out of yourself. Take it for granted that
certain feelings, connections or love is already there. You don’t examine it
every day right? Do I love my mother or my father, or that person? - though
you may not like their behavior. If your father and mother are old and
cynical you may feel very irritated and may not like their company because
they put you down or sing the same old song. Likes and dislikes arise from
the head. I’m sure deep in your heart there is love, a certain feeling
there. It is because it exists that you are asking this question. So it’s
just that you don’t want to recognize your love for them although you love
them. There is a deep connection of love but you don’t like their behavior,
the way they act or their mindset. It’s just an external thing. It’s
perfectly okay. Never doubt your love for people. The love is always there
and it will be there. Just take it for granted.
====
*Q: Whatever I did this year professionally did not work. I studied Hindi,
Massage, Physiotherapy and Anatomy. I really want to succeed. Please help!*

*Sri Sri: *There is a lot of work to be done. There are a lot of needs. 30%
of the Europe is depressed and we have this beautiful knowledge that can
help people overcome depression and suicidal thoughts. It would be very nice
for us to work together towards a vision of a world with less suffering. I
would like to have many youth to do Art of Living work full time. 3 - 4 days
to go out and teach everybody. Once you become a teacher you can teach,
create a community for Art of Living here. You can have your own ashram
here. Meditate here. Each one can do their job, and still contribute. It’s a
common pool where everyone can contribute. You can start up a community
kitchen. You don’t have to worry about grocery shopping. One person can go
shopping, one person can cook, and everyone can take it in turns. A small
community of 60 to 100 people can live like this. There can be celebration,
meditation and yoga.

The whole atmosphere will become so uplifting! In the Bangalore Ashram, we
have 800 people living together. Before we were only 10 to 12 people. Now
there are so many people who want to come and live here at the ashram that
we don’t have place. It’s because nobody needs to worry about their
electricity bills, house, tax, and food. It is all being taken care of and
everybody can contribute in whichever way they want to. The same is
happening in Germany, Canada, USA and has recently started in Argentina. Our
life is too short to spend time on unnecessary and unwanted things. Half of
life is anyway spent on sleeping. The Next 40 to 50 years or for however
much longer you will live on this planet, do you need people to take care of
you, do things for you, or do you want to do something for others and for
the society? Helping others and serving society, wouldn’t that be a good
idea? There should always be somebody to think about others, to care for
them and to help them. I want you all to think about this. I don’t want to
call it an old age home. These old age homes are very depressive. Ashram is
a place where there are old people, young people, children, everyone lives
together. So the younger generation is enriched by the experiences of the
older generation, and the older feel enthusiastic with the young. We can
create this type of atmosphere. What do you think?
====
*Q: I am a coward. All my life I have been afraid of every little thing. I
see risks and danger in my way and fear everything and everyone. I’m afraid
to get hurt. How do I overcome all this?*

Sri Sri: First of all remove this label – ‘I am a coward’. Who said you are
a coward? Drop this label. When you label, like the saying in the bible ‘As
you sow, so shall you reap’ you go on encouraging that. You are wonderful.
We are all here to support you, and I am here to support you, and everybody
here will support you! Don’t think you are weak. Just drop it.
====
*Q: Can one do hollow and empty meditations at home as well?*

*Sri Sri: *At home you don’t need to do that. Just sit and it will start
happening. You give a car to the servicing garage and then you when you get
the car you simply run it. It’s already ready. Everyday at home you don’t
need to service it. But everyday you wash the car, so similarly you should
just close your eyes and meditate.
====
*Q: I have learnt to accept people as they are. However we have also learnt
the concept of responsibility. I have a 13-year-old son. He is mature,
breaks rules, leaves school in between, doesn’t learn, doesn’t come home on
time, and hangs around with friends. That concerns me. How do I complete my
role as a mother, accept him and place limits?*

*Sri Sri: *You are already doing it. It is very difficult to manage or deal
with teenagers. Sometimes you need to be strict, and sometimes loving as
well. It’s like riding a horse. Sometimes you can let loose but sometimes
you hold on tight. So managing teenagers is like riding a horse.
© The Art of Living Foundation

October 16, 2009

Dry Sweets

Do not be surprised if you are offered dry fruits every where you go this diwali. This Diwali, there is a high chance that the sale of sweets will be very low and sales of dry fruits very high. Reason? Since ganesh chaturthi, lots of fake mawa, a main ingredient in making of sweets, and their notorious manufacturers have been held. The market has also seen lots of fake clarified butter (Ghee) occupying the shelves of grocery stores. Even the Ghee-racketeers  have been cracked down. The result is a severe shortfall in genuine Ghee and mawa. Adding to the bitter woes of sweet mart, the prices of sugar have shot up to Rs.35 per kg, from mere Rs.17/kg. The effect is the cost of production of the sweets is too high.


Also there is no guarantee of the quality of sweets. Corporates gift their clients and partners with exotic sweets. But the news of food poisoning due to consumption of sweets are making rounds, so no one is taking chances this diwali to offer sweets. To be on the safer side they are offering dry fruits which entail no risk and the business relation still can be maintained!

I have bought lots of laddoos from the a trustworthy shop. And I now I am going to eat them. So meet you after I finish those tasty laddoos! You too get something delicious to eat...

Jai Gurudev.

October 15, 2009

Turn down the volume...

An Advertisement shows Ranbir Kapoor asking the tele-viewers to do, this diwali, something never done before! That is turn down the volume by avoiding noisy crackers. I feel so proud that I have been doing this since last 14 years.

It makes an economic "non-sense" to buy noisy crackers and burn them down in matter of seconds. Now-a-days you can hardly buy any good crackers in Rs.1000/-. And what ever you buy in that amount can be burnt down in just two minutes. Wooooooshhhh... You money worth thousand rupees just vanishes in thin air... that too polluting it, making the air difficult, for the people with respiratory problems, to breath.

It happened exactly 14 years ago, when my dad had to sit at home because of the lock-out at the company dad worked at. No salary for one month. That too during diwali. We had to face very dire circumstances. My family had to live life with a very tight fist that month. Even the daily newspaper had to be stopped. That diwali, I decided not to buy any crackers, The money that had been kept aside for crackers, I used it to buy clothes. And asked dad to save the money that was to be spent on clothes to keep the family-fire burning. It was my first lesson on austerity. That diwali taught me a very precious lesson. You do not need riches to enjoy the moment. In fact, One needs nothing to enjoy the very moment. Because joy is the very essence of the moment.

Since then I have celebrated every Diwali by buying new gadgets, clothes, games CD etc. etc. but not the crackers. They simply cause noise and sound pollution. Its up to you to choose wisely what to do? Diwali is the festival of lights and celebration. Not a festival of cacophony and suffocation! If I can celebrate 14 Diwali's without bursting crackers. So can anyone! Finally its your decision... Isn't it?

Jai Gurudev.

October 12, 2009

Conquering my fears!

An incident that happened with me on Sunday made me realise that FEAR per se is an illusion. It is what we cook-up in our mental kitchen. I swim regularly but in 1.5 meter dept of the pool. The deepest end of the pool is 2.0meters. That's were my feet do not touch the pool floor. I had a big mental block of going to the deep end. In the pool I swim the majority of the crowd is at the shallow end (1m. deep) And at the deepest end there are hardly 2 to 3 swimmers. So I always wished to reach that end one day. Yesterday was the day! My friend, Nikhil, coaxed me towards the deep end. I mustered great courage and moved forward. The experience after reaching the deep end without breathing-in the water was ABSOLUTELY EXHILARATING!!! Its true that Dharr se age badho, Dharr ke age Jeet hai! (Move beyond fear, Success lies beyond fear.) I have a goal of completing 4000 meters of freestyle swimming in one shot. And conquering the primal fear has helped me move ahead towards completing the goal. If any one of you (readers) are interested in knowing the techniques or tips on swimming then you can mail me at the address given in the Mail Me section (on the right-side of the blog). Jai Gurudev!

October 9, 2009

Pocket Money is Recession-proof!!!

In past one and a half year, most parents have witnessed the tyranny of economic recession. It has definitely affected their wealth. However, The pocket money of their children seem to be recession proof. According to surveys conducted by the major research houses, like Nielson Survey, the pocket money levels have remained inelastic during the recession period. The primary spending of the teens remain dining and shopping. And the latest entrant is the mobile bills. Even after spending hours together in schools, classes, sports park, these kids have something or the other to talk. A humorous message must be circulated to at least 20+ friends else you are labeled as "uncool" or unkewl as they say. The bill ranges from modest Rs.250 to Rs.2500 per month. And this is no exaggeration! Kids in south mumbai just seem to have much to talk about. Nowadays, Teens and kids have much say over their spending habits. Earlier the parents decided whether the kids persistent demand should be met or not? Lately, dual income parents have serious lack of time to pay any attention to their kids. All they do is deposit some of their income into their kids bank account and the kid rightfully withdraws the moolah whenever needed. In my yonder days, Dad would hand over Rs.100 in denominations of ten, and would say, 'This is your pocket money for current month spend wisely.' Now kids just SMS or mail their parents notifying that their bank account needs a "Cash Reload". Within minutes, thanks to the internet banking facility and online fund transfers, the transaction is met in minutes! It is observed that the kids emulate the spending habits of their parents from a very tender age. Kids from tight fisted family will develop a habit of saving more than spending. Kids, belonging to family who shop till they drop, end up dropping their bank balance to near zero! Some families who are financially literate teach their kids how to maintain statement of expense. These kids for sure will be the next Kishore Biyanis and JP Morgans of future!Parents spend most of their income on kids for their education. Apart from education, seventy percent parents spend on additional learning tools and tutorial classes for their children, over 80 percent spend on toys and entertainment for their children and over half spend on extra-curriculum activities such as sports and musical instruments learning etc. Despite a sticky economic environment, two thirds of the parents think their current spending on their children is just right and 83 percent do not have plans to cut back, it's music to the ears for children-oriented businesses. It is good that kids nowadays are taking the decisions to purchase the products they want by themselves. Ideally, this can help the kids a lot in planning their own financial future. Parents can involve these kids/teens in their decision involving financial acumen. Our next generation is going to be financially smart and excellent decision makers. Only a good parenting can harness the best talent from the young generation Jai Gurudev