Pauleen Luna-Sotto teaches Tali lesson money can’t buy
Pauleen hopes the habit of saving will stay with her daughter as she grows older, although she admits parenting remains a learning experience.
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Pauleen hopes the habit of saving will stay with her daughter as she grows older, although she admits parenting remains a learning experience.
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Pauleen Luna-Sotto believes financial literacy should begin at home, even if the lessons come one small step at a time.
The television host shared to DAILY TRIBUNE that she and husband Vic Sotto have started introducing their eight-year-old daughter, Tali, to the basics of money management, from saving to making thoughtful spending decisions.
“She’s just eight years old, so right now we’re just starting to teach her the value of money and the concept of saving,” Pauleen said.
She explained that while Tali’s daily school expenses are already covered, they occasionally give her extra money for special situations, such as emergencies or school activities like book fairs, to help her understand how money works in real-life situations.
With children increasingly exposed to online games and in-app purchases, Luna-Sotto admitted that Tali also faces similar temptations.
To help her develop discipline, Pauleen and Vic set a monthly budget that Tali manages herself.
“What we do is we give her a budget for a month and then siya na ang bahala (she will take care of it) for the whole month. We are hoping that in that way, matututo siyang magtipid (she will learn to save) for something that she really wants,” she said.
Pauleen hopes the habit of saving will stay with her daughter as she grows older, although she admits parenting remains a learning experience.
“That’s the goal. But of course, she’s my first child, so everything is still trial and error,” she said.
