Published on: 23 July 2018
Last Updated on: 24 February 2020
Parents play a crucial role in the growth and development of their child. Children learn from their parents by simply observing them from a young age. Children are really inquisitive and ask tons of questions about everything.
Though your child is growing up fast, the world is moving faster. This is the time to understand that preparing your child for the future is not limited to education any longer. You need to prepare your child for a global world, and this means you need to go farther than education. As a smart parent, you need to teach wise money management skills to your children.
Children observe you deal with money matters in your home and learn from your actions. If you are a spendthrift, your children will consider it okay to spend money on unnecessary items. However, if you carefully plan your finances and build a budget, your children will learn to do the same. Every parent wants to ensure that their child is financially responsible, and this can be achieved through simple but consistent steps.
Here is how you can prepare your child for being financially independent and responsible.
1. Set an Example :
Young children watch you and learn. If they constantly see you use plastic money, they will notice that it is easy to swipe the card and when you argue with your partner about money, they will notice it too.
You need to set an example for them in order to ensure that they understand and follow the same as they grow up.
2. Practically Explain the Importance of Money :
Children need to understand that it is not easy to earn money. To do this, you need to physically hand them money and accompany them to a store, ask them to pick up a few items and make the payment for the same. This will work better than a ten-minute lecture on the importance of money.
3. Stay Away from Impulse Buys :
In order to set a healthy example, you need to stay away from making impulse buys. You need to restrain yourself from using money without thinking over it.
If your children ask you to buy them something every time you are at the store, you need to avoid it and encourage your children to wait for at least a day before making the purchase. Ask them to think over it and consider if they really want to spend the money on the purchase.
4. Build A Budget :
If your child is a teenager, it is the right time to introduce the importance of the budget to them. Set a simple budget and ask your child to stick to it. This will help your teen understand financial discipline and to stick to a limited budget through the week or the month.
As your child grows, you can ask him or her to make their own budget within the specified amount and to follow the same.
5. Teach Children to Stay Away from Loans :
It seems extremely simple to apply for a loan and borrow money. But it does not come for free; there is a responsibility of making payments within the due time.
Before your teen starts college or applies for the first job, you need to explain to him/her that it is best to steer clear of the loans. Talk through alternatives and encourage the habit of saving. It is best to spend the money within your limits instead of getting under a pile of debt.
6. Enroll them For Financial Certification Exams :
There are various certification exams conducted by NSE, BSE, etc. Ask your child to enroll for the same. These examinations will help them learn about the investment domain. There are various modules to select, like mutual funds, derivatives, banking fundamentals, financial markets, etc.
As you prepare your child for their bright future, you must also fulfill your responsibility towards securing their future. What this means is financial planning for their higher education and career. The best way to do so is by investing in the child education plan.
If you have got time on your side, you can put your funds in child education plans such as SIPs in equity-oriented funds. Equities are the best option available to create wealth in the long term. However, considering the volatility involved indirectly investing in stocks, the SIP route of mutual fund investing provides a better option for parents who are looking to create a considerable corpus for their child’s future.
Moreover, your investment in child education plan is managed by professionals who have expertise in cherry-picking stocks. Thus, you have a highly diversified portfolio which can provide considerable returns over the long run (*mutual funds returns vary according to on-going market conditions).
Conclusion:
Financial freedom is only valuable if it is accompanied by financial responsibility. Teaching children about finances at a young age will help them in getting future-ready.
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Professional courses are in high demand for the immense scope it provides to the aspiring youths of the country. Engineering being one of the most sought-after career options for youth, there are nearly over 12 Lac's registrations witnessed by JEE Main every year.
B.Tech. emerges as a boon for engineering aspirants as it offers a lucrative job with a handsome salary. Approximately 1.5 million engineers from 4000 institutes every year are produced in India which alone produces a lot more engineers than the USA and China combined.
B.Tech. is an undergraduate degree course which spans 4 years. B.Tech. serves a huge umbrella which has a significant number of specializations in various fields such as, Aeronautical Engineering, Agriculture Information Technology, Biotechnology, Ceramic Technology, Civil Engineering, Computer Science and Engineering, Electrical and Electronics Engineering, Energy Engineering, Food Engineering, Industrial Biotechnology, Information and Communication Technology, Mechanical, Mining Engineering, Oil Technology, Petrochemical Engineering, Petroleum Refining, and Petrochemicals Engineering, Power Engineering, Power System Engineering etc.
The minimum eligibility criteria to be met by the students is qualified 10+2 with a minimum aggregate of 55% (relaxable for reserved category) to get admission into the various courses of B.Tech.
There are numerous specializations under one umbrella called B.Tech. To give you a brief about some prominent and most sought after specializations, we have listed down some courses along with their brief elucidation
Bachelor of Technology [B.Tech] (Aeronautical Engineering):
It is a four-year professional undergraduate course which deals with the design, construction, and physical properties of aircraft, rockets, etc. The prescribed B.Tech Aeronautical Engineering syllabi cover the area like propulsion, system, aerodynamics, etc.
Top colleges are IIT Bombay, IIT Kharagpur, Anna University, JNTU Kakinada, DSCE College Bangalore.
Bachelor of Technology [B.Tech] (Agriculture Information Technology):
This course is a combination of agriculture studies and IT. It is offered by some prominent universities like Agriculture College and Research Institute Tamil Nadu, Shobhit University, etc. B. Tech Agriculture Information Technology course deals with Forestry, Horticulture, Environmental science, Java, etc.
Bachelor of Technology [B.Tech] (Biotechnology):
B. Tech Biotechnology is an engineering, Technology, & Biology related branch & suitable for those students who have an interest in technology as well as biology. It is a combination of technology & biology subjects. The course takes the same duration of 4 years like other engineering courses. B. Tech Biotechnology course is all about experimenting & modifying biological systems, cell structures, biological processes, etc. so that these can be used in technology to improve healthcare, food processing, agriculture, pharmaceuticals, etc., and solve problems arising in these sectors. For more information, you can also check MyBioSource.
Bachelor of Technology [B.Tech] (Ceramic Technology):
This course is an undergraduate ceramic technology course having a duration of 4 years. This course covers areas like purification of the raw materials, production of the concerned compounds, composition, and properties of ceramic materials, etc. Ceramic technology engineers design the plant and machinery required for a production process.
The colleges associated with B.Tech Ceramic Technology course are Government College of engineering and ceramic technology West Bengal, NIT Rourkela, Rajasthan technical university, etc.
Bachelor of Technology [B.Tech] (Civil Engineering):
This is a very popular branch of engineering among the aspirants. B. Tech Civil Engineering course deals with the construction, design, and maintenance of structures like a bridge, roads, buildings, etc. In the government sector, there is a huge demand for civil engineers as well as in the private sector too.
Best colleges for B.Tech. Civil are IIT Mumbai, IIT Kanpur, and MNIT Allahabad, etc.
Bachelor of Technology [B.Tech] (Computer Science and Engineering:
This branch of engineering deals with software, programming, networking, cloud computing, database management, maintenance of records, etc. In the era of digitalization, everything is related to computer technology.
So, B.Tech. CSE course graduates are in great demand. Unlike other branches of engineering, this branch offers you a white-collar job.
The top colleges for this branch are IITs, NITs, VIT, and Manipal University, etc.
Bachelor of Technology [B.Tech] (Electrical and Electronics Engineering):
This branch of engineering deals with the study of electricity, electronics, and electromagnetism. The engineers associated with B.Tech. EEE branch is responsible for the generation, transfer, and conversion of electrical energy, the transformation of information using radio waves, the design of electronic circuits, etc. The students have to read about the capacitor, resistors, integrated circuits, radio waves, etc.
Top colleges are – IIT Delhi, IIT Madras, NIT Trichi, Delhi technical university, etc.
Bachelor of Technology [B.Tech] (Energy Engineering):
Energy Engineering deals in the field of energy engineering and the application of renewable and non-renewable energy sources. It is a very broad field of engineering which encompasses energy efficiency, energy services, and facility management, plant designing, etc.
B.Tech. Energy Engineering graduates can grab opportunities in various industries working in the field of production of energy and transmission of energy.
Bachelor of Technology [B.Tech] (Engineering Physics):
B.Tech. Engineering Physics mainly comprises Physics, Mathematics, & Engineering. Particularly, engineering in computer, nuclear, electrical, electronic, materials, or mechanical branches.
B.Tech. The Engineering Physics branch finds new ways to apply, design, & develop a new solution in engineering. This branch is created to enhance more knowledge in mathematical, scientific, statistical, and engineering principles.
The best colleges for this course are IIT Mumbai, ISC Bangalore, NIT Suratkal, etc.
Bachelor of Technology [B.Tech] (Food Engineering):
The food engineering branch is one of the most liked branches, this branch has a lot of scopes than it is expected. Unlike the core branches of Engineering and other popular branches, B.Tech. Food Engineering is not very popular among students who have passed the 12th Science stream. In spite of not being popular, this branch can be considered as a nice branch which offers decent opportunities to snatch and career prospects.
This branch is related to the food and all & the use of technology and Engineering techniques in aiding food production, processing, packaging, preservation present in the Food Processing Industry. Important subjects are Engineering Mathematics, Engineering Physics, Engineering graphics, and communication engineering.
Bachelor of Technology [B.Tech] (Industrial Biotechnology):
This branch of engineering deals with the application of biotechnology for industrial purposes. B. Tech Industrial Biotechnology course includes subjects like Genetic Engineering, Chemical Reaction Engineering, Mass Transfer and Separation, Bioinformatics, Bioprocess Engineering, etc.
The best colleges for this course are Bharat University, SMVDU Katra, Anna University, etc.
Bachelor of Technology [B.Tech] (Information and Communication Technology):
The branch deals with the application of the computer to retrieve and transmit information. Students have to read subjects like operating systems, visual basics, computer communication, JAVA programming, etc. Candidates having graduated in this discipline are in great demand in the software industry.
Best colleges for B.Tech. ICT course is IPU Delhi, IIT Delhi, IIT Mumbai, NIT Warangal, MNIT Allahabad, etc.
Bachelor of Technology [B.Tech] (Mechanical Engineering):
B. Tech Mechanical Engineering is the core branch of engineering and it is a very popular branch among students. As per the name, it totally deals with the machine and equipment. B. Tech Mechanical Engineering encompasses subjects like Strength of material, Thermodynamics, Mechanics, Fluid mechanics, Material science, etc. Students having an interest in designing and manufacturing sector can take this branch.
The best colleges for B.Tech Mechanical are IIT Mumbai, IIT Kanpur, IIT Kharagpur, IIT Roorkee, etc.
Bachelor of Technology [B.Tech] (Mining Engineering):
B.Tech. Mining Engineering is a 4-year course, which deals with mining and exploration. This branch deals with the theory, science, technology, application, and practice of extracting minerals and their processing. The important subjects in the 4-year B.Tech. Mining Engineering course is Calculus, Fluids, Earth’s crust, Exploration and field mapping, Mineral deposit, my ventilation, etc.
The best institute for this course in India is ISM Dhanbad.
Bachelor of Technology [B.Tech] (Petrochemical Engineering):
It deals with the exploration, transportation, and refining of petroleum products. B.Tech. Petrochemical Engineering is not a very popular stream among the students and the course fee is also higher as compared to other branches. Candidates have to read subjects like Fluid flow operation, Heat transfer operation, Petrochemical process, etc.
The best institutes for this course are PDPU Gandhinagar, UPES Dehradun, and Anna University, etc.
Bachelor of Technology [B.Tech] (Power Engineering):
This branch of engineering is the amalgamation of electric power, economics, and management. B.Tech. Power Engineering deals in the field of power generation, distribution, and power equipment. Career prospects in this field are Power plant design engineer, Power plant operation engineer, Power application engineer, Power system integration, etc.
Students have to read subjects like Mathematics, Physics, Hydraulics, Fluid mechanics, Power electronics, and drives, etc.
Top colleges are- UPES Dehradun, PDPU Gandhinagar, IIT Kharagpur, ISC Bangalore, ISM Dhanbad, etc.
Bachelor of Technology [B.Tech] (Production Engineering):
It is a combination of manufacturing with managing service. It involves production, design, control, and improvement in a production system. Students have to go through subjects like engineering graphics, Mechanics of solid, Production drawing, etc.
Best colleges for B.Tech. Production Engineering course is IIT Delhi, NIT Mysore, and College of Engineering Pune.
Bachelor of Technology [B.Tech] (Robotics Engineering):
B.Tech. Robotics Engineering course deals with the field of design, construction, operation, structural deposition, manufacturing and operation of robots, etc. Candidates have to study various subjects like Introduction to robotics, Mechanical designs, Forward kinematics, rigid body velocity, etc.
Best institutes for B.Tech. Robotics Engineering course is IIT Mumbai, Manipal University, and DTU Delhi, etc.
Bachelor of Technology [B.Tech] (Safety and Fire Engineering):
It is a unique program which provides an environment to work on safety against fire. It deals with designing the building, fire safety, and property protection. Career prospects of B.Tech. Safety and Fire Engineering courses are Fire and Safety manager, Fire risk assessors, Fire risk consultant, etc.
Subjects during the 4-year course are Chemical Engineering (Thermodynamics & Measuring Analytical Instruments), Strength of Materials, Safety in construction, etc.
The top institutes for this course are UPES Dehradun, PDPU Gandhinagar, etc.
How to get admission to B.Tech Courses?
There are two main exams conducted for admission to various specializations of this course, JEE Main and JEE Advanced. JEE Main is taken up by approximately 12 Lacs candidates every year. JEE Main is conducted by CBSE every year to admit engineering aspirants in top NITs, IIITs, etc. Out of 12 Lac from JEE Main, the top 2.24 Lacs get shortlisted for JEE Advanced.
JEE Main is a 3-hour duration exam scheduled to be held on April 8, 2018. The exam consists of Objective type questions based on the 11th and 12th levels.
JEE Advanced is the second stage of the Joint Entrance Exam (JEE) and only the top 2,24,000 AIR holders from JEE Main would be eligible for this test. It is a fully computer-based test and is held in one of the seven Zonal Coordinating (ZC) IITs under the guidance of JAB every year. This year, IIT Kanpur is conducting JEE Advanced on May 20, 2018.
FEE STRUCTURE FOR VARIOUS COURSES –
CourseAverage Fee structure (in INR)B.Tech Mechanical engineering80,000-1,00,000B.Tech Computer science engineering80,000-1,00,000B.Tech Power engineering90,000-1,30,000B.Tech Agriculture engineering80,000-1,00,000B.Tech Civil engineering1,30,000-2,00,000B.Tech Petrochemical engineering1,00,000-1,30,000B.Tech Safety and fire engineering70,000-1,00,000B.Tech Robotics engineering90,000-1,20,000B.Tech Industrial engineering80,000-1,00,000B.Tech Information technology80,000-1,00,000B.Tech Industrial biotechnology80,000-1,00,000B.Tech Energy engineering1,30,000-2,00,000B.Tech Aeronautical engineering1,30,000-2,00,000B.Tech Biotechnology80,000-1,10,000
Fee structure of colleges like UPES Dehradun, VIT, PDPU Gandhinagar, Manipal University, and deemed University may be higher than the fee structure discussed above.
Bachelor of Technology (B.Tech.) is considered one of the most aspired courses by the youth. According to the reports released by HRD Ministry, India has nearly 6,214 engineering and technology institutions that enroll 2.9 million students. Around 1.5 million engineers are produced by these institutions in the job market every year.
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While children can be quick when it comes to learning how to speak, which the theory of monogenesis explores, including how to do certain things around the house by way of imitation, keeping watch over them all day long isn’t going to easy. For example, you wouldn’t know a child has been hurt until he or she comes crying. It is also not easy for they are in danger unless they speak about it. The most difficult part is when your baby is yet to utter words that make sense and you wonder whether a paper writing agency like EWriting Service could be of help in providing the necessary training at a kindergarten level.
However, as soon as kids begin speaking, in which case, they can engage in little conversations, teaching them becomes a little easy, albeit, you must take the baby steps with them.
1. Parents are the first teachers :
From infantry to adolescence, parents are important anchors in the development of a child. From teaching them how to pronounce certain words, how to dress, how to hold a fork/spoon to showing them where the ease themselves, parenthood is as noble as teaching. It means before your baby becomes a teenager, and start learning about the good-bad world, shaping their world-view, building their confidence and raising their level of awareness is a task that rests on the shoulders of a guardian.
2. Teaching kids how to cope with emergencies :
Now, given that guardians play a significant role in helping a child interact with the surrounding, and that kids find it easy to confide in people who raise them, teaching them how to handle emergency situations should be one of the life lessons with which they should be equipped. Thus, the following tips should make it easy for every dad or moms out there create awareness in their young ones about dangers like fire and abuse.
3. Tell them about different types of emergencies :
Do not sit near walls or use electric appliances during rainfall are one way of conducting one’s self during thunderstorms and even earthquakes. However, letting your child know that these natural phenomena may lead to emergency situations will make all the difference in their preparedness and trigger-response.
4. Draw up an emergency plan together :
Emergency plans may look simple, but they help save lives when disaster strikes. The next point explains why you should not scare your kid when training them how to cope in situations of emergencies. However, assembling kits together is going to be a huge leap forward.
5. Do not spook them out :
For adults, dealing with every day emergency situations may have become normal, but what about kids who know nothing about emergency exits and alarm bells? The point here is that training young ones on how to cope with fire breakouts isn’t suppose to make them hyper-alert to anything burning such that they will be quickly looking around for an extinguisher. Conduct fire drills once a month, and explain under what circumstances they should look for the emergency door to safety.
6. 9-1-1 Dial :
As soon as your toddler is able to move around the house, and speak, conversing with them about emergencies should include how to dial 9-1-1. But first, tell about the number, and situations under which they should dial it. Also, tell them the kind of information to relay to a response team. And even if you decide to get practical here, avoid acting scary.
7. Controlled and slow breathing :
There are situations that are best handled by self. For example, when you feel stressed and unable to continue doing some work at the office, taking a nature walk often helps. What about a child who doesn’t know how to handle situations that require first aid without the involvement of a second or third party? Teach your kid to take slow, deep and controlled breaths whenever they are under duress because until then, making a conscious decision isn't going to be feasible.
In a nutshell, parents must, if and when necessary, teach their children how to react to emergencies, and when it is time to lend a helping hand. Let them know that feeling anxious is normal, but staying positive is going to help them cope with whatever nature of urgency they will face. It is like asking for dissertation editing help when there is so much so that one cannot cope with everything at the same time.
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How Can Critical Thinking Help In Your Daily Life?
In this ever-changing life, people have forgotten their true selves. Everyone has seemed to be lost in their hectic work life and surrounded by technologies that they don't even remember their motives in life. It won't be wrong to say humans today don't focus on smart work, they have been in the idea of hard work. Personal development will not only encourage you out with your defects but can also improve your depths.
The importance of personal development in our lives cannot be underestimated. It's a secret mantra that can help you stand out from the rest of the crowd, and build a bridge that will lead you towards your goals in life. Personal development has numerous advantages. People who are seeking self-improvement and looking for some courses can try self-improvement courses offered by different organizations like Landmark Forum or Landmark Education and others and you can also check Landmark Forum Reviews before proceeding.
Here are some major reasons why you should focus on Personal Development:
Get the Best out of yourself:
Sharpening your already present talents can help you perform better at everything you do. You sharpened skills will boost your confidence and positive attitude that will compel you to explore new areas in life without hesitation.
When you go through personal development, you will notice the changes yourself. You can see that you will start to work more and efficiently, and produce better outcomes. You will be willing to take on new challenges every day and push yourself out of your comfort zone.
Improving your Strengths:
Personal development will not only help you out with your weaknesses but can also improve your strengths. Sometimes people don't even know their areas of strengths, personal development will help them identify their strengths and weaknesses, and improve those areas.
The ideal way to get to your goals is to use your strengths. So why not take up personal development as an opportunity to overcome the hurdles with your strengths and achieve great heights.
Attain new Skills:
Talking about skills, personal development will help to develop new skills that can be useful for your professional and personal life. When working on new skills, make sure you focus on your personal growth as well.
For instance, you can learn a new language that can be beneficial if you travel to new places or even a technical field like Adobe Photoshop that can provide you an edge over others on your corporate professional life. These skills will separate you from your colleagues.
Boosting Confidence Levels:
Lack of confidence will always push you down if every aspect of life, both personal and professional. A good amount of confidence in a person will enable him to convey his ideas in a good way and smoothly to others. Having confidence will help a person in
Performing better under stress
Influencing other people
Keeping a positive attitude
Improving communication with others
Helping you to socialize more
Improving leadership skills
Improve Self-Awareness:
Person growth is closely tied to self-awareness. It offers you an opportunity to look closely at yourself and identify the areas you need to work on. Through this practice, you will get to know what you really are and where do your interests lie. You will identify what your true values are where you want to take yourself in your life. Stay focused to improve your self-awareness.
Having oneself-awareness enables you to see where your dreams and passions are taking you. It also allows you to take control of your sentiments, performance, and character so you can make adjustments you require. As you evolve self-awareness you are able to make adjustments in the ideas and statements you make in your mind.
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