Teaching kids financial responsibility and cautious spending early on is important. DJ Khaled’s lavish first birthday gift for his kid Asahd raised eyebrows and started a debate over how to expose youngsters to money.
Asahd’s first birthday was unique. DJ Khaled, known for his affection for his son, gifted him a $36 million diamond-encrusted watch to mark this milestone. DJ Khaled’s gift showed his love and pride for his son, but it also stressed the importance of early financial education.
The watch was a luxury design masterpiece and collector’s item. Some questioned whether a one-year-old should receive such a pricey present. It showed DJ Khaled’s prosperity and willingness to offer his son the best, but it raised worries about teaching children humility and financial responsibility.
No matter their family’s income, children must learn about money, saves, and prudent spending. DJ Khaled’s gift was a beautiful gesture of love, but it also highlights the need of balancing luxury and financial education for youngsters to help them become responsible people who value money.