I never got Christmas presents growing up. Except for one year…
See, my parents immigrated to Australia from India over two decades ago. So, I grew up celebrating Diwali at home, and learning about Santa Claus at school.
But one Christmas, I woke up with a pouch of shiny marbles tucked next to my pillow with a note from ‘Santa Claus’ in mum’s handwriting. I think she confused the Tooth Fairy and Santa Claus.
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It meant the world to me. Not just because it was so far from her world of Hindu festivals, but because I also knew that everything felt so expensive to her.
Today, $1 Australian is about 50 Indian rupees. It costs about $4 to buy a cup of tea in Australia, but in India you can get it for less than $1.
My parents felt pained at the price of everything. This is a pain many immigrants know well.
I know this because a few years ago, I started a financial education platform to help people get on top of their finances. Hundreds of people have completed our Mastering Money program with amazing results, including countless first and second-generation Australians.