You are the Master of your Fate, the Captain of your Soul.
Henry FordRead
We teach children to save their money. As an attempt to counteract thoughtless and selfish expenditure, that has value. But it is not positive; it does not lead the child into the safe and useful avenues of self-expression or self-expenditure. To teach a child to invest and use is better than to teach him to save.
Interpretation
What this quote means
Teaching children how to invest and use their money is more beneficial than simply teaching them to save.
Henry Ford emphasizes that while teaching children to save money is important to prevent reckless spending, it is even more valuable to guide them on how to invest and responsibly use their resources. This approach not only prepares them for financial independence but also encourages creativity and self-expression, leading to a fuller life experience.
Themes
ChildrenMoneyInvestmentEducationFinance
In practice
Example use cases
In a financial literacy workshop for parents, this quote can be used to discuss the importance of teaching children about investing.
More from Henry Ford
All quotes →Work mixed with management becomes not only easier but more profitable. The time is past when anyone can boast about 'hard work' without having a corresponding result to show for it.
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An Airplane takes off against the wind, not with it.
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Merely gathering knowledge may become the most useless work a man can do. What can you do to help and heal the world? That is the educational test.
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I cannot discover that anyone knows enough to say definitely what is and what is not possible.
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A dollar put into a book and a book mastered might change the whole course of a boy's life. It might easily be the beginning of the development of leadership that would carry the boy far in service to his fellow men.
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