The rate conversion for this business looks like a great challenge for both of us. I got an idea. I took the calculator lying on the table and went near him and we both agreed to the numbers which calculator told us. I gave him the US dollars to buy banana's and the shop owner gave me the balance in Chinese Yuan. From this I understood that the calculator (numbers) are the alphabets of the money Language and that is the universal language that everyone understands.
Calculators & School Students:
Calculators are available everywhere. Still at schools, students are not allowed to use calculators while exams and classes. I always wonder why can't a student use a calculator which is available everywhere in all sizes and formats. Once students start using the calculators at earlier ages, they will start liking the numbers. Mathematics will be their friend. Numbers are the alphabets of money language. That's the only reason schools don't want students to use calculators. I wish all students from Grade 1 onwards should carry a calculator in their school bag. Instead of giving Ipad's and Laptops to your kids, give them calculators. Let them play around the numbers for an hour per day. They will make numbers their friend (alphabets of money language).
Compounding & College Students:
For college going students (most students), money is an instrument to spend and get what they want. Most Indian students (including me) do not read the money language even at collages. College going students should definitely be aware of what is compounding and how that will generate wealth over time. Students here should also learn about how consistent investment and compounding that money can bring wonders to their life.
If above 2 things were given to students at appropriate age, they will make wonders at life. Why don't we try this. This is not going to cost much. I wish every reader of this blog get the importance of learning numbers at early age and get the benefits of compounding for a happy life.
Have a Great Day
B G Nareshkumar.
