I want to make a humble request to all parents. Please do not burden your children with debt.

The debt and constant stress that comes with it, can slowly push your children into depression. They struggle internally every single day. Their minds remain occupied with just one question: How will I repay this debt?

As a result, they accept suffocating jobs where they feel like they are dying a little every day. They live under constant mental pressure. This pressure eventually reflects in their behaviour, making them irritated and frustrated.

Debt turns them into slaves to money. Their minds revolve around savings, investments and financial security throughout the day. Even when they want to do something for themselves, they feel guilty. They think, “I have so much debt to repay, yet I am spending money on myself. How selfish of me!”

I understand that times are difficult. Parents often take loans to buy a house or finance their children’s education. Later, they expect their children to repay those loans. But, in a way, this is like putting chains around your children’s feet.

My humble request is this: Let your children live in poverty if necessary. Give them an ordinary education, if that is all you can afford. But please, do not put any kind of debt on their shoulders.

That would be the greatest favour you could ever do for your children.