27/10/2024
I have been closely understudying Tony Elemelu for more than a year now due to the love and passion I have for business. Tony Elemelu once shared the story of his daughter Oge, who earns 250 dollars every month working for the family business when she is at home for vacation.
For the daughter of a billionaire, 250 dollars is actually a pittance, but Tony mentioned that he encourages Oge to save and invest from that 250 dollars that Heir Holdings pays her, and then Oge gives him a breakdown of how she invested at the end of the month.
Tony is teaching Oge that every penny counts and is earned for
He is also teaching her not to be entitled to other people's money, to save her income and invest and most importantly, to develop the financial prudence and money management skills that she will need when she takes over the family business from him.
Dear Parents, what are you teaching your children?
Things will only get better when we understand financial principles and learn how to manage every resources God puts in our care.