Our founder, Binal Gandhi, launched her book along with her co-author Soneera Sanghvi. The book, Piggybank to Portfolio, is jargon free and easy to understand. It gives parents conversation starters, practical tools and easy to do activities with younger kids as well as teenagers. The book is full of real life anecdotes, gathered from Binal and Soneera’s research of 500+ parents across India. It offers useful guidelines and solutions to parenting dilemmas such as peer pressure and how to say “no” to your child. The book is a good fit for families of all income levels: as the authors say – financial values should not change with financial status. With chapters on pocket money, spending, saving, giving, investing and even borrowing, the book helps parents continue the money conversation with kids well into adulthood. A must read for parents who want to raise financially grounded kids. Here is some praise for the book.
‘Piggy Bank to Portfolio fills a huge lacuna . . . something that was clearly missing in addressing financial literacy. Often, parents are reluctant or miss the opportunity to talk to their children about
financial education. This easy-to-read book will go a long way in aiding our future generation appreciate the value of money, understand the benefits of savings and make sound investment
decisions. I highly recommend this book to every parent. As it is rightly said – an investment in knowledge pays the best interest.’
– Deepak Parekh, Chairman, HDFC Ltd
‘As a parent to young children I hope to impart to them wisdom about the role of money in life as well as the importance of managing their finances properly. This book provides a great recipe on how to raise financially literate and responsible kids.’
– Kunal Bahl, Co-founder & CEO, Snapdeal
‘The pandemic has made us revisit our mental and physical practices. But an often overlooked aspect that is as crucial is financial literacy. Families provide the first classroom for their children, and financial literacy must be an integral part of that curriculum. There is a plethora of free tools and resources from Investopedia to Varsity. While these tools are indispensable for adults, the technique to teach children is most effective when practical. For example, when teaching budgeting, instead of presenting theory
through excel sheets, a simple practical example such as providing a child an allowance and asking them to manage it for their expenses like ice-creams or bus fares not only boosts their selfesteem
but also encourages them to become curious at an early age on educating themselves. Binal and Soneera’s initiative to inculcate these habits early is crucial now more than ever. We must collectively create a culture where financial literacy is embedded as a priority.’
– Nikhil Kamath, Co-founder, True Beacon and Zerodha
‘An excellent book to teach your child financial responsibility.’
– Rakesh Jhunjhunwala, Founder, Rare Enterprises
‘Today a kid finds all her answers online. But it is the parents who need to help them tackle the biggest puzzle of all, finance. Once a child understands the value of a piggy bank and expands it to a portfolio, India will be a strong nation. Piggy Bank to Portfolio is a must for every parent. It is a beautifully written, easy-to-understand book that will help parents talk about money to their
kid. It might teach them a few things too!’
– Vijay Shekhar Sharma, CEO, Paytm
‘This book is bursting with practical ways to incorporate money lessons into your child’s upbringing. Binal and Soneera’s easy-to-read, conversational style will have you thinking about your own money values and help you raise financially confident and compassionate kids.’
– Zarin Daruwala, CEO, Standard Chartered Bank, India
