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คู่มือการเงิน ลูกต้องรู้ แต่โรงเรียนไม่สอน I โตมาไง EP.21 — Transcript

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0:00They say they've never been able to
0:01save money in their life. Their child
0:03wants extra tutoring, but they have no
0:05funds. How should they tell their child
0:06? Regarding spending, don't just teach
0:08kids to be "thrifty" because they don't
0:10know what level that means, but don't
0:11use the phrase "Mom and Dad have no
0:13money."
0:13>> Oh, what if we have 100 million in debt
0:15? Should we tell the kids?
0:16>> Mom, you stay out of it. The most
0:18frightening thing is that children
0:19aren't trained in financial
0:20decision-making. Children learn the
0:21most about money from their parents. In
0:23our house, we don't say money is hard
0:24to find, because money is easy to find.
0:26You should adjust your mindset, because
0:28eventually, all that debt will come
0:29back around to your kids. Hello. Today,
0:37we are back with the "Toh Ma Ngai" show
0:40again. A program that believes in the
0:42importance of childhood. Today is very
0:45special. We have a guest who is one of
0:50the top financial coaches in Thailand.
0:54As parents know, money matters are
0:56truly important. But in Thailand, very
0:59few schools actually teach financial
1:01literacy. Today, we have an expert in
1:03this field to share knowledge with all
1:05the parents. Welcome, Coach Num.
1:09>> Hello, hello.
1:11>> Hello.
1:12>> Yes, hello, hello.
1:13>> Coach Num, you've...
1:15>> Yes. ...
1:15>> been in the financial coaching industry
1:17for a very long time, ever since I was
1:19a kid, Coach Num.
1:20>> Oh, I'm done for.
1:22>> Just 21 years, just 21 years, since
1:262005.
1:27>> Yes.
1:28>> I've been doing this the whole time,
1:30and I might be lucky because I've met
1:32every generation and every age. Most of
1:36the students who come to learn with me
1:38are around 25 to 40 years old.
1:40>> Ah.
1:41>> And 20 years have passed, so now they
1:43have children, and they are all grown
1:45up, and they come to consult me too,
1:47saying......
1:48>> how should I teach my child, and things
1:50like that.
1:51>> So, it turns out I have more and more
1:53students from the younger generation
1:54now.
1:55>> Yes, indeed.
1:56>> And Coach Num, how do you teach young
1:58kids about money? Suppose that since
2:01Thai schools don't teach it, you teach
2:03them yourself. What do you think they
2:05need to know?
2:06>> Well, actually, we've created a course
2:08now called Money14.
2:11>> But we're starting with high school
2:12students first. There are two courses.
2:15Money14 for junior high. Money14 for
2:18senior high. It all started from
2:20talking to the Minister of Education.
2:24And they said that teachers couldn't
2:25teach it. It's not that the teachers
2:29aren't good at finance. But they
2:31already have too much on their plates.
2:33If they have to learn a new financial
2:34subject to teach kids, they wouldn't
2:36feel confident.
2:37>> So, we created instructional videos.
2:39>> We've released them, and they are now
2:41available for free nationwide.
2:43>> Uh-huh.
2:46>> At first, we thought teachers should be
2:48the ones teaching finance, but since I
2:50have children of my own, I looked at
2:52the reality—kids actually learn about
2:54money most from their parents.
2:58>> Mm.
2:59>> They are the most important teachers,
3:01not the ones in school. We found that a
3:04true fact is that a financial mindset
3:06is instilled through parents '
3:08conversations. Parents' financial
3:11perspectives are communicated directly.
3:13It's, well, we have to use this term.
3:15Parents are their children's heroes.
3:17>> So, how you act and how you talk about
3:19money matters.
3:19>> If parents argue every time they talk
3:21about money, the child will remember
3:23that money is a topic that shouldn't be
3:25discussed.
3:25>> Mm-hmm.
3:26>> Discussing it leads to fights, so when
3:28we built the curriculum, we had to sit
3:31down and talk to parents about how to
3:33make it easy for them to teach it;
3:35honestly, don't rush them, because if
3:37kids don't have fun, they won't learn.
3:39>> Right.
3:40>> Just don't force it on them. Go ask any
3:42kid if they like school. Not many will
3:44say they like school, right? If they
3:46like school, it's usually to see their
3:47friends. They might not like school
3:49because they think, "Oh, I'm so happy I
3:50get to sit and study." Therefore,
3:52absolutely do not force them.
3:55>> Maybe by late elementary school, when
3:56they start to understand the value of
3:58money.
4:00>> Mm.
4:02>> We can start teaching them about
4:03spending and saving, but don't teach
4:05them to just "be frugal" because they
4:07don't know what level qualifies as
4:09frugal.
4:11>> Mm.
4:12>> Right? For example, as adults, we know
4:15that eating noodles instead of shabu
4:17for the same meal is called being
4:19frugal, but they don't have that life
4:21experience yet.
4:23>> Instead of just saying "be frugal," we
4:26should teach them to "spend wisely." We
4:31talked about it.
4:32>> Yes.
4:32>> At this age, I always talk to and teach
4:34parents that you should talk to your
4:36children a lot. If you talk to your
4:37children a lot from when they are young
4:39, as they grow up, they will talk to
4:40you about everything.
4:41>> Mm.
4:42>> They will choose you as the first
4:43person to talk to.
4:44>> Yes.
4:45>> So, talk to your kids. For example, it
4:47was a new learning experience when my
4:50child was in the 4th grade. I remember,
4:53my child was in 4th grade, and suddenly
4:55, they asked to buy a phone.
4:57>> I asked, "What do you need a phone for?
4:59"
4:59>> Right? I pick them up every evening.
5:02And there has never been a day that I
5:03didn't show up. I thought maybe they
5:05wanted it for their grandmother, so
5:06what would they use it for? They said
5:08they wanted it to play games with
5:10friends. Nowadays, there are games that
5:12you can join and play together in
5:13groups, right?
5:14>> Um, they wanted to take photos. Okay,
5:16okay, what else? Take photos, what else
5:19? Play games, okay.
5:21>> You can probably guess what the coach
5:22would do.
5:23>> Then, I was surprised, doctor.
5:28>> I saw their friends holding iPhones and
5:30top-tier Galaxy phones, even in 4th
5:32grade. They probably had their heart
5:35set on getting something nice. We
5:38arrived and went into the shop. It was
5:41a mobile carrier shop. I said, "Look,
5:44here’s this one for 1,990." With a 12
5:47-month contract. A flat rate for the
5:50whole year for 1,990. This phone isn't
5:53junky at all, you know. But then we
5:55looked at the specs, oh, here, 4GB of
5:58RAM. I know enough to know that it can
6:00play games. The front camera, um...Rear
6:03camera is 48 megapixels. Their face
6:05fell and they said, "Hey, why is it
6:07like this?""Why is it not what I
6:09expected?""It doesn't look like my
6:11friends 'phones."
6:12>> The design didn't look as good as the
6:13others, so I told them... "
6:15>> What are you going to use it for?""If
6:16you want to play games, this one plays
6:18them just as fast as your friends'
6:19phones.""If you want to use it for
6:21photos?""This one might not take good
6:22photos at night.""But at night, you
6:24won't be meeting anyone anyway, not
6:25even your friends.""You only see them
6:26during the day.""Therefore, it takes
6:28clear photos during the day.""And do
6:29you know the best thing about this
6:31phone?""It's cheap.""If you're walking
6:33somewhere today and someone runs up and
6:34steals your phone...""Just let them
6:36have it, dear, don't run after them."
6:38It's dangerous, Dad is worried.
6:39>> Mm-hmm.
6:41>> Yeah, because if you carry expensive
6:43things, you'll feel regret if someone
6:45steals them or something happens. It's
6:47okay, kid, if it's lost, it's lost. Dad
6:49is worried about you, that's more
6:51important. So we can talk, we can talk
6:53about this, right?
6:54>> It’s fine. And he gets to see his
6:56friend's phone and how smooth it is,
6:58and this one is just as good, it plays
7:00just the same. So, we teach him to
7:03understand what to use and why.
7:05>> That's a very good example, wow, for...
7:08>> Yes.
7:09>> Real-life situations where the kids
7:11realize, "Oh, the features are the same
7:13."
7:13>> Yes.
7:14>> And it's cheaper.
7:15>> Yes, and it's the same with eating.
7:17I'll take my kids to eat street food,
7:19at night markets.
7:20>> Yes.
7:21>> Sometimes when we order pizza, I show
7:23them that for the four of us, it costs
7:26about 1,000.
7:27>> Yes.
7:28>> But when we eat street noodles, for the
7:30four of us, it's about 200.
7:32>> Mm.
7:32>> It's not that you can't be extravagant,
7:35kid, but it must not be beyond your
7:36means. If you have the purchasing power
7:38for pizza, you can buy it. There's
7:40nothing wrong with buying it because
7:42extravagance is happiness, but too much
7:44extravagance is beyond your means.
7:46>> Mm.
7:47>> So we teach them about spending like
7:48this since they are young. And I feel
7:50that parents should set an example. I
7:52notice I ask them, "Do you see what Dad
7:54eats the most in daily life?" Dad
7:56thinks it's probably stir-fried basil.
7:57So, are you eating stir-fried basil,
7:59kid? That's just how life is, right?
8:01There are delicious meals, and there
8:02are other kinds. As for the things you
8:04really want, just tell me. Sometimes,
8:06for some items...
8:07>> For a bag, buy a good one, because it
8:09lasts a long time, right? Things like
8:11that. As for books, whenever you want
8:12to buy them, tell Dad, no limit.
8:14>> Mm.
8:15>> If you want to read books.
8:16>> Yes.
8:16>> If you want to buy even comics or
8:18whatever, just tell Dad. Dad might be
8:21the one to filter things a bit. So, we
8:23teach spending based on function,
8:26necessity, and happiness.
8:27>> Which really, parents are the most
8:29important. Parents convey how we think
8:32when they buy something. Like you,
8:33breaking it down into features. We sit
8:35and talk every time. We sit and talk
8:37every time. Whatever you want to ask
8:39for...You come into the room. Buying
8:40headphones. Please, sit in the office.
8:43I have a chair for you.
8:44>> What is it, my child?
8:45>> But we don't need to get emotional;
8:47just listen to them directly. "
8:49>> Then let dad help you look," we search
8:51for things together when we're going to
8:53buy something. That’s how it is.
8:55Regarding saving money, many parents
8:57get really serious about it, but at
8:59home, I teach it simply.
9:00>> Hmm.
9:01>> I give you money; spend whatever you
9:03want, but don't spend it all—bring
9:04some back.
9:05>> Oh.
9:05>> There’s no rule that it must be 10%or
9:0720%; just make sure there’s some left
9:09over.
9:10>> Uh-huh.
9:10>> If they ask why they have to have some
9:12left over? I tell them it’s in case
9:14you want to save up one day to buy
9:15something that's a bit of a challenge
9:17for you. Like, if Dad won't buy it, you
9:19can buy it yourself. Don't teach kids
9:22to save money just because they might
9:23need it for emergencies in the future.
9:25Because their life experience isn't
9:27enough yet. They don't have enough to
9:29know what the dangers ahead might be.
9:31>> Uh.
9:31>> But let them save money to buy things
9:33for themselves.
9:33>> This really paints a clear picture.
9:35>> Yes, be proud.
9:36>> Wanting this or that.
9:38>> And when they buy something, absolutely
9:40do not interfere with them. I've taught
9:44this, but some parents still go and
9:46tell their kids to save up to buy
9:47things themselves. You could motivate
9:49them by saying if they save 5 baht,
9:51you'll put in 5 baht, for instance. But
9:53when they choose what to buy, don't
9:55interfere.
9:56>> It's their money.
9:57>> This mother got very upset when she
9:58found out what her child broke their
10:00piggy bank for. It turns out they
10:02bought a 7,000 baht Korean concert
10:03ticket. They sent a message saying it
10:05was super fun and amazing. What were
10:07they thinking? Something like that, you
10:09know? Tell the mother not to interfere.
10:12The most frightening thing is when a
10:13child isn't trained to make decisions
10:15about money. It's their money, not the
10:18mother's. And it didn't come out of the
10:20mother's pocket. It's their money, and
10:22they worked hard saving it up until
10:24they could achieve this goal. The
10:26mother must praise them.
10:27>> Your only duty is to prepare to drive
10:29them to the concert and wait to drop
10:31them off and pick them up, that's all.
10:33And just say, "Wow, you're so smart for
10:35saving up to buy this," and things like
10:37that. And we might need to tell them to
10:39enjoy the concert to the fullest and be
10:40happy. I went to the trouble of paying
10:42for this. Or if they finally save up
10:44enough and decide not to buy it,
10:46that’s their right to choose.
10:47>> Oh.
10:47>> I mean, if we don't train children—I
10:49have to put it this way. Money isn't
10:51about knowledge. Money is about
10:52decision-making. Whatever they do with
10:54their money, you have to give them that
10:56right. And keep it in moderation.
10:58Because some parents, when teaching
10:59about saving, are like—When they see
11:01their kid not saving, they get all
11:02stressed out. I say, no, no. They might
11:05have their own reasons. So, you have to
11:06make home a place where you can talk
11:08about money. Uh-huh.
11:09>> Once they reach the high school level,
11:11>> we start letting them practice managing
11:13money.
11:14>> By managing money, I mean giving them
11:16an allowance.
11:17>> It could be weekly or monthly. At my
11:20home, we have a rule of giving it
11:22weekly. But if it runs out before the
11:24week is up, we have to talk about it.
11:26There was one time my son went on a
11:28field trip to the Bank of Thailand.
11:31Then he bought some things he liked.
11:32And he bought them back. I asked, "Why
11:34did you buy so much?" He said he bought
11:37them as souvenirs. He was being very
11:39kind and thoughtful. He used his
11:40allowance for souvenirs and then the
11:42money was gone. So we sat and talked,
11:44and I said that thinking of others and
11:47buying gifts is okay, my child. But if
11:50it makes your own living money run out,
11:52then that’s not right. Also, when
11:55will you actually have time to see
11:57those people you bought gifts for? You
11:59have to think about that, too.
12:02>> It’s about opening the door so that
12:04whenever the money runs out, we can
12:05have a mature discussion.
12:07>> Uh-huh.
12:08>> At home, we joke with him, like, "Hey
12:10handsome, where did all your money go?"
12:12Then we talk, and I might say, "I
12:14understand, okay, I'll top it up," but
12:16there will be a lesson learned
12:18accordingly. And at the end of the week
12:20or month, you'll get the next allowance
12:22only when you submit your expense
12:23records, and Mom will be the one
12:25checking them. So on the 1st, they ask,
12:27"Why hasn't Mom transferred the money?"
12:29Well, she hasn't received the expense
12:31record yet; she doesn't know what you
12:33spent your money on. Actually, we don't
12:35really interfere with them much, but
12:36it's a way to train them to pay a
12:38little attention to money matters.
12:39>> This is for middle schoolers.
12:41>> In middle school, we already started
12:42training them by giving them a weekly
12:44allowance.
12:44>> Uh-huh.
12:45>> But once they get to high school or
12:47university, we switch to a monthly
12:49allowance. Now, as for investing, that
12:52depends on their interest. You don't
12:54need to rush them. If they're
12:57interested in investing, we can
12:58gradually teach them. Some people
13:01follow my sons who have been investing
13:03in stocks since they were 9 and 7 years
13:06old. The two of them are now 16 and 18,
13:08right? Back then, at 9 and 7, they were
13:10already investing. But I always say,
13:12don't rush them. The thing is, these
13:14two were "back-of-the-room" kids.
13:15>> Uh-huh.
13:16>> Wherever I went to give a talk, they'd
13:17just sit at the back, you know? So
13:19they'd be like... "
13:19>> Hey Dad, what is inflation?""Why does
13:21keeping money in the bank lose out to
13:22inflation?""Then why do we even deposit
13:24it?" things like that. They would ask
13:25questions like that. I'd tell them, "
13:26Well, you still need to keep a portion
13:27in the bank.""It needs to be there as
13:29an emergency fund.""But if you have a
13:30surplus, then you can think about
13:31investing." Therefore, I think it's
13:33really a matter of...The starting point
13:35of learning is conversation. Whenever
13:37your child asks something, are we going
13:39to brush them off?
13:40>> Or are we going to intentionally talk
13:42to them?
13:42>> Yes.
13:43>> Many times I'd say, "Dad is working,
13:45let's talk in a bit." Once I'm done,
13:47I'll go talk to them. It's a very
13:49formal invitation.
13:50>> We have an office at home. Everyone
13:54knows that if you're invited to Dad's
13:55office, it means there's something
13:57special that I've heard about. "Come
14:00sit down, son. What happened? I heard
14:02this and that..." but...
14:04>> We want them to feel like this is a
14:05safe space. Because my wife and I
14:08agreed from the start that from the
14:10time we grew up until today, we admit
14:12that during our teenage years, it's
14:14undeniable that we encountered certain
14:16things. Looking back, we're lucky that
14:21some of those things didn't turn into
14:23disasters. But the recklessness of
14:25youth, the recklessness of people the
14:27same age, making decisions by
14:29consulting only friends...with not much
14:31life experience at all, you know. It's
14:33something that when I look back, I feel
14:35that we were lucky that day.
14:37>> Yeah.
14:37>> We were lucky that day. We were lucky
14:39that day. So my wife and I set a goal
14:41that we would be the first people our
14:43child thinks of. To be the first person
14:46they think of to consult if there's
14:47anything. 2 They can talk to us about
14:49everything, right? I like to tease him.
14:51My eldest son is now living in a dorm.
14:52He went away to study and is living in
14:54a dorm. I like to tease him. Like, "Hey
14:55, call Dad if you need anything.""You
14:57remember Dad's number, right?"
14:58Something like that. Just teasing him,
15:00you know. So there will be things that
15:01...Uh, we...We won't look at his
15:03questions as childish or anything like
15:04that. Right. Now he's at the age of...
15:0718. It all comes up. Like about
15:09registering for classes. "Dad, if I
15:11study this, what will happen?""
15:13>> Oh, nobody knows, my son.""Dad studied
15:17engineering but ended up in finance.""
15:20So, choose what you feel is fun and
15:22worth studying." At...that time, once
15:27you've studied it, some things you just
15:29have to leave to timing. Maybe. We
15:31don't know if it will really work out
15:33like that. Then topics like love start
15:36popping up. It makes me so happy, you
15:38know. When he asks for advice about
15:40love or something like that. Seeing how
15:44he handles it, I'm like, "Oh, my son."
15:49>> It’s about having those talks, and I
15:51believe as parents, we feel happy when
15:52we feel we can talk about everything.
15:55>> Wow, I want to talk about this too,
15:57Coach. Let's pivot to this because I
15:59think the audience is interested too.
16:01How do you get your child to talk to
16:03you about everything?
16:04>> What do you think the secret is, Coach?
16:06>> I've talked to my child since he was
16:08small, intentionally answering whenever
16:10he asks.
16:12>> For example. Uh, we have work on the
16:15weekends. We have to go out. I tell
16:19myself. I won't tell my child that I'm
16:21going out to make money for his tuition
16:23. I won't say that. That line doesn't
16:25work, right? So, how is it about the
16:27money? I'm not sure if it's more
16:28important than them.
16:29>> It says that.
16:32>> Dad goes to work because I want to
16:33create value and do good for others,
16:35son. When we are capable enough, we
16:39must create value for others, right? So
16:42, on days you can come along, I will
16:44take you. But today you can't, and Dad
16:46will be back as soon as possible. All
16:48of this comes from the fact that we
16:50talk to them, you know. And why if we
16:52lose a Saturday, we compensate with
16:54what we've already planned. I am
16:56someone who plans vacations a year in
16:58advance.
17:00>> Coach.
17:01>> Suppose if a secretary organizes events
17:03like this, if we don't block anything
17:04for them. Coach, you would be lecturing
17:06for 7 days a week, right? But we lay it
17:08out and lock it in, boom, just like
17:10that. So, for my child's birthday, the
17:12area around the birthday is off-limits.
17:15We know that on their birthday, we'll
17:18take them on a trip, celebrate, or go
17:20abroad, so we lock the time. When the
17:23vacation time is locked in, it makes
17:26the secretary's job easier.
17:27>> Hmm.
17:28>> And then, bam.
17:30>> They can't dump work in.
17:32>> But if they dump work in first, it’ll
17:34be just one day, which might not be
17:36useful enough for us to.
17:38>> To do activities with the child enough,
17:40you know. So, every time we go out or
17:42anything like that. We have time to
17:45exchange and say, "Hey." If so, there
17:47will be weekdays where Dad will be
17:49there, at the school. Today I'll pick
17:51you up in the evening, let's go eat
17:53something, you know. So we try to
17:55arrange time to be like this always.
17:57Yeah. So, because we have time to talk.
18:00And every question they ask, we will be
18:02like.
18:02>> It means you must have time first.
18:04>> Yeah, having time is very important.
18:06And try to make that time quality time.
18:09We talk a lot. We play board games
18:11together. And sometimes there's what
18:14you call. On Sundays, Mom will take
18:17them out of the house to a cafe. And no
18:20mobile phones allowed. Everyone has one
18:22book each. Please sit and read while
18:24sipping your coffee, something like
18:26that. I feel that, uh, my child became
18:27a reader ever since then. Because how
18:29can we teach our children to read if we
18:31don't read ourselves?
18:32>> Yeah.
18:32>> When we're free, instead of scrolling,
18:34we say, "Hey, read a book," but we have
18:36to do it too, right? We read, so we can
18:39tell them to read.
18:40>> Yes, at home we have boxes—oh, that's
18:42cute, Mom—Mom will be the one
18:44enforcing, "Please place it right here.
18:46"
18:46>> Something like that, so, uh, as they
18:48grow up, they are trained that...
18:50>> It's not actually that important. We
18:53don't need to know everything so
18:54urgently, you know? There's a right
18:56time and place for things. Therefore,
18:58it's about living life and spending
19:00time together. Being able to talk about
19:03everything. I never view anything they
19:05say as trivial. Yeah, there are no
19:06small issues. Because everything is a
19:08big deal to them, right?
19:09>> For a child, everything is a big deal.
19:11>> Yes, exactly, like when they've chatted
19:13with a friend and they didn't reply.
19:15>> Yeah.
19:16>> Right? Oh. There are many factors, my
19:18dear. It's possible, kid. Whatever you
19:20do, you get upset. Think carefully.
19:22Okay? Right? Or sometimes, your friend
19:24might just be being unreasonable.
19:25Sometimes it might just be...It might
19:27not be our fault...100%. Maybe. Don't
19:29take it to heart. Don't let it get to
19:30you too much. If you assess it and
19:31think... "Huh?""I didn't do anything to
19:33make you angry.""What is your problem?"
19:34Uh. Or maybe...Staying silent might
19:36actually solve some issues, dear.
19:37Silence. Just try it and see. What
19:39happens? After that, the friend might
19:40chat back. Or something like that. And
19:42I say...Yeah. Maybe they were just
19:43caught up with something. Or something
19:45like that. We have to respect them, you
19:46know. Teaching them about differing
19:48opinions from the start. Our house is
19:50very democratic. Eat whatever you want
19:51to eat. Support different football
19:53teams, that's fine.
19:54>> Yeah.
19:54>> Like, I'm a Man U fan, does my child
19:56have to be? No, two of them are Chelsea
19:59and Arsenal fans.
20:00>> Whoever...
20:01>> It's a very democratic home, you can
20:03choose whatever you want, so I feel
20:05that it's their life, and talking is
20:07likely the most important starting
20:08point.
20:10>> That’s important. Yeah, it’s really
20:13great that your child, even at this age
20:15, still talks to you like this.
20:17>> Ah.
20:18>> The secret is giving them time and
20:20listening when they speak.
20:21>> Yes, that’s right, and doing
20:23activities together too.
20:24>> Well, I think it’s probably similar
20:26to many others. When we live our lives,
20:29there are bound to be good days and bad
20:31days. Uh, on the bad days, when we’re
20:33feeling down or whatever. Sometimes the
20:36feeling on the good days, you know. The
20:39family atmosphere. You feel like they
20:41...We feel that people should have a
20:42place to turn to when they need support
20:44, right? Like, if this person isn't
20:46there, or that person isn't there...Oh,
20:47when they’re having fun...Kids
20:48probably won't pay attention to us.
20:50They’re with their friends, having
20:52fun, posting on IG, see? And their mom
20:54might get a bit upset, like, "Why don't
20:56you ever call?" Uh...As long as they
20:58think of us when they have problems,
20:59that’s okay. They’re having fun,
21:01they’re just being their age, right?
21:03But the moment they think of us and
21:05give us a call, that’s it. That
21:07should be enough. So, people just need
21:09something to lean on when things go
21:10wrong. Uh, you don't have to be super
21:12talented. Because you don't necessarily
21:14have to be highly successful either. I
21:15tell them that, but you have to be
21:17happy. Hmm.
21:18>> That’s the secret to having your
21:19child talk to you all the time. Now,
21:21let’s go back to the topic of money,
21:23Coach. I just heard...
21:25>> Khun Noom say that when we want to
21:27instill a good money mindset in
21:28children, talking about money is
21:30important too.
21:31>> And I heard Khun Noom say that we
21:32shouldn't say things like "I'm going
21:34out to earn money for your tuition." So
21:36, what should we avoid saying or what
21:37should we say instead?
21:39>> Actually, I have to say that parents
21:40don't need to be too tense. It's okay
21:43to make mistakes.
21:44>> Yeah.
21:44>> Even if you're wrong, you can apologize
21:46. I'm not made of stone either.
21:49Sometimes I have 108 things on my mind,
21:52and I might react at the wrong time or
21:54snap at them, but as soon as I realize
21:56it, I go back and apologize.
21:58>> Hmm.
21:59>> I want them to feel that adults can
22:01apologize too. Like, "I'm sorry for
22:03earlier, son," and then I'll hug them
22:06and say, "Earlier, Dad..."
22:10>> I'm confused, I'm confused about
22:11everything, and then I apologize, and
22:13they understand that, you know, people
22:15have their moments of confusion, so
22:17don't be afraid of being right or wrong
22:19, but just try to communicate
22:21positively.
22:23>> Mm-hmm.
22:24>> In our house, we don't say—I’ve
22:26taught this since they were kids—we
22:27don't say that money is hard to earn,
22:29because money is easy to earn, son.
22:31>> Mm, money is easy to earn.
22:32>> Money is easy to earn. It only becomes
22:35easy once you develop yourself,
22:37becoming a person with the knowledge,
22:39skills, and abilities. And those skills
22:42and abilities aren't just about
22:43learning anything, but things that can
22:45help other people.
22:46>> Mm-hmm.
22:48>> You're a doctor, right?
22:50>> You can save people's lives, and that
22:52is something of extremely high value.
22:54So it's no surprise that doctors should
22:56have a high income. You're an artist or
22:59an actor, and people watch you and feel
23:01happy. Whatever suffering they had,
23:03they see you and feel better. Some
23:05people aren't musicians who play
23:07incredibly difficult chords, but their
23:09music is beautiful, right? Yeah,
23:11listening to them makes people happy.
23:13Develop yourself into that kind of
23:15person, and the money will flow in on
23:17its own. Money is not the goal of life.
23:20It is simply a tool for living. There
23:23are some things in life that might not
23:25involve money at all. You don't have to
23:26think that everything you do must
23:28result in money, right?
23:29>> Money isn't hard to get; it's easy. The
23:31important question is...
23:32>> Money is easy to get. ...
23:33>> how much can you help others with the
23:35skills and knowledge you have?
23:36>> Mm-hmm.
23:37>> In our house, we don't use the word "
23:39hard" because......
23:40>> for everything.
23:40>> Yes, because the word "hard" actually
23:42means it can still be done. Honestly, "
23:43hard" means it's still doable, right?
23:45Right? It just needs you to put in the
23:46energy and the effort. That's why I
23:48always say, "Hey, Dad really doesn't
23:50like the word 'hard'." Dad doesn't
23:51really like it, you know? Yeah, that's
23:53what we teach. And another important
23:56thing we teach is that for people......
23:57the hardest part of living life is
23:59making decisions.
24:00>> Mm-hmm.
24:03>> And the key to making decisions is
24:04understanding what the consequences
24:06will be, right? So I tell them that I
24:10don't mind anything at all. It's okay
24:12if you aren't good at school. It’s
24:14okay if you don’t become the most
24:16successful person. But I ask for two
24:18things. There are only two things that,
24:21if you cross the line, are very hard to
24:23fix. That is the law and morality.
24:26>> Yeah.
24:27>> If you break the law, how would you fix
24:29it? It’s beyond my ability to help.
24:33If you fail an exam, we can study
24:35together, or talk to the teacher.
24:37That’s just a mistake.
24:39>> It’s a mistake, but those two things,
24:41I ask of you. So whenever you think
24:45about doing things, like going to a
24:47music competition and fearing you might
24:49mess up, so what?
24:51>> It’s okay to mess up. If you mess up
24:53and people don’t cheer for you. It
24:55just means you aren’t good enough yet
24:56. You just need a little more. It’s
24:58good to know the truth. You will be
24:59able to improve yourself. Yeah. If you
25:01compete and lose, or get teased and
25:03embarrassed. It’s still better than
25:04someone who has never done anything.
25:06And it’s like, yeah. Therefore.
25:08>> Uh.
25:08>> How far can it go? Yeah. If you can
25:10understand that, then there is nothing
25:12to fear. This world, I don’t think
25:14there is anything scary. But those two
25:15things are very scary. Once you break
25:17moral codes or the law, you can’t fix
25:19it, my child. It’s already done. So
25:21I’d say anything else is fine. I want
25:23our home to not need warnings about
25:25drugs. About gambling. About things
25:27like that. We know we don’t need to
25:29teach it because it’s the law, yeah.
25:31And every time there’s a case on TV
25:33like that. We sit and talk to them,
25:35saying, "Hmm, a case like this is
25:37actually easy to fix." Which is just
25:39not doing it from the start.
25:40>> Yeah.
25:41>> It’s the simplest thing, my child. So
25:43we pick up things around us to talk
25:45about. Or sometimes people come to us
25:46for advice. Sometimes he sits and
25:48listens. But he will sit and listen
25:50quietly. Yes. When listening to the
25:52person tell their story. But once
25:53it’s over, he will ask. Hmm. "Why did
25:55you decide to do that?" Or even ask
25:57questions like. "Why do people get into
26:00debt?""When they already know that debt
26:02makes life difficult." And I will tell
26:04him, "Because you don’t understand
26:06yet." You're not yet at an age where
26:07you have to bear burdens.
26:09>> Mm.
26:09>> When you have to bear burdens, you'll
26:11know that everyone has reasons, even
26:13for doing bad things. I mean, they
26:14still have their reasons. It's just
26:16that some reasons might not be enough.
26:18If we say we did something, like
26:20getting into debt, that’s
26:21understandable. But if we talk about
26:23doing something serious, even with a
26:25reason, it might not be enough. But
26:27they have their own reasons. Yeah, it's
26:28better to try to understand people.
26:30I'll try to talk like this.
26:32>> Mm.
26:32>> So, don't be afraid of teaching them
26:34wrong, just adjust as you go; the heart
26:37of it is that 80%of children learn
26:39about money from their parents.
26:41>> Mm.
26:42>> If you ask what's the best way to teach
26:44kids about money. Be a role model,
26:47that's number one. But I've also found
26:50that some parents are role models
26:52already. But they don't dare to talk to
26:54their kids. Don't dare to warn them.
26:56Afraid the child will be upset, things
26:58like that. Recently, there was a case
27:00sent in asking about a child who wants
27:02tutoring but there’s no money.
27:05Telling me how to handle it. Yeah,
27:06saying they're afraid the child will be
27:08sad. No. To be born human, you must
27:11know sadness, right? It’s part of
27:12being human. If you don't understand
27:14sadness, you can't survive, right? So,
27:17tell them.
27:17>> But don't use the phrase "Mom and Dad
27:19have no money."
27:20>> They will feel like this is a problem.
27:23Tell them, "How much is the tuition,
27:25dear?" Let them list everything they
27:27want to study. One. Two. Three. Four.
27:30How much is each course? If you really
27:32have to study. Suppose I let you choose
27:34one. One. First. What do you think is
27:37most important? And what do you need to
27:38study? What do you think you're weakest
27:40in, or want to supplement the most?
27:41Letting you choose just. One. Subject.
27:43Explain it like this, dear. We have
27:45enough money. But our family has a
27:48financial plan. Try to imprint this in
27:51their mind: using money requires a plan
27:53. Uh-huh.
27:56>> Our family has necessary expenses. One.
27:58Two. Three. Which mom and dad have
28:01reviewed and can spare for you. But
28:03maybe not for all. Four. Subjects at
28:05once. Try choosing just one subject.
28:07And the other. Three. Parents are aware
28:10of this subject. And we will try to
28:12plan our finances for our child's
28:14education. 3 of those.
28:16>> Mm.
28:18>> I don't think it's hard to teach.
28:20>> What if a family can't manage all four
28:22financial plans, P'Num? What should
28:24they do?
28:26>> Well, I think if that’s the case,
28:27they might not even be asking me in the
28:29first place. Because they’re not even
28:32taking care of themselves, right? But,
28:35if your own finances aren't great, and
28:37you really want to support your child,
28:39you can discuss which one is the most
28:41important. Then, we start saving for
28:43the child's education.
28:46>> Because I see it a lot, P'Num, people
28:48who aren't in a great financial
28:49position, but once they have a child,
28:53>> they spend everything on them until
28:55their own situation gets even worse.
28:56>> Mm.
28:58>> How should these parents adjust their
29:00mindset, or how should they communicate
29:02with their child in such cases?
29:04>> They must adjust their mindset, because
29:06all that debt will eventually come back
29:07to the child.
29:08>> Mm.
29:08>> When they graduate, you won't be able
29:10to pay. They won't be able to stand
29:11seeing you suffer. Everything will end
29:13up circling back to them. So, regarding
29:14what you say about loving them, you
29:16know. Let me share a case study with
29:18you. I went to run a debt resolution
29:19project at Rayong Hospital. There was a
29:22staff member there. Who came to consult
29:23about the debt resolution project. I
29:25told them that if you want to enter the
29:27debt resolution project, I have one
29:29condition. Anyone who joins my debt
29:31resolution project, before we resolve
29:32the debt, you must set up an account by
29:34deducting from your salary, 500. Every
29:36month. They said, "I don't even have
29:38enough money to spend, how can I deduct
29:39it?""Why deduct it?" I said, "Well,
29:41then I can't help you.""If that's the
29:43case, I won't help." Because I said as
29:45soon as the salary comes in, 500.
29:46Deduct it. If you're already struggling
29:48today, 500 won't change your life that
29:50much. But we deduct it to save first,
29:52so you save before you spend. In this
29:54project, I went there 6 times in total.
29:57After that, there was a follow-up for
29:58another 6 months. So, it's 1 year. This
30:01person took about 6 months to resolve
30:02their debt. They’re not debt-free yet
30:04, but their cash flow is no longer
30:06negative. What’s heartwarming is that
30:08after one year, we closed the project
30:10and returned the accounts to everyone.
30:13The account linked to their salary—
30:15every time they got paid, it would
30:17deposit 6,000 into their savings
30:18account. They said in their entire life
30:21, they had never been able to save
30:23money before. I said, "Congratulations!
30:25That is exactly how saving money works.
30:27" Sometimes it’s simple: money you
30:29don't see is money you don't spend.
30:30>> So, deduct it first, and then we can
30:32figure out how to manage the rest.
30:34>> When people don't save, they lose their
30:36motivation. A month later, they sent me
30:38a message. They said whenever they were
30:41out selling goods, their child would
30:42come to help. And every so often, the
30:44child would just slip away. They would
30:46go follow and look for their child. It
30:48turned out the child was standing in
30:50front of a tutoring center.
30:51>> Yeah.
30:51>> The child wanted to study architecture
30:53and was already in 11th grade. But they
30:55had never been able to afford classes.
30:57And they did the same thing every time,
30:59which was hugging their child. And
31:01saying, "Mom has money now, I'll let
31:03you take the class." It turned out that
31:05the 6,000 they had saved
31:07unintentionally...They said, "I used
31:09all 6,000 at once, Coach, I hope you're
31:11not mad." I told them, "It's your money
31:13, not mine, why would I be mad?""And
31:15what did you use it for?" They said, "
31:17For my child's tuition.""Okay."
31:19That’s exactly why we save money. To
31:22fulfill the things that we really need
31:24to address. And, uh...
31:27>> Uh, the child got to study, I think it
31:29was a drawing class, because
31:30architecture requires a drawing exam.
31:33One year later, they sent me a message
31:35saying their child got in. Life is just
31:37like this. If we stay stuck in the
31:41habit of saying, "This is all Mom can
31:43do, kid," it might sound harsh. We
31:47brought them into this world, you know?
31:49If we are going to do something for
31:51them, especially for something truly
31:53necessary. I think it’s worth
31:54fighting for. Being patient and
31:56struggling a little bit for it. Truth
31:57is, if they hadn't been able to study,
31:59the child wouldn't have been mad either
32:00. Your child might ask themselves why
32:02they can't study like others. But that
32:04little bit of extra effort from you is
32:05worth more than 500 baht. For many
32:07people, 500 baht might not seem like a
32:10huge amount. It’s gone in a flash in
32:12just one day, right? But this is where
32:14the change happens. Are you ready to be
32:16that kind of parent? I believe everyone
32:17can do it.
32:18>> Yeah.
32:19>> Right? And let them learn how to wait
32:21sometimes. But don't just make them
32:23wait without you working to solve the
32:25problem. If you tell them to wait and
32:29then eventually meet their needs,
32:31you're a superhero. You keep your word,
32:35right? You are a very heroic parent.
32:37Your word is your bond. We should all
32:40be like that. At home, we say if we
32:41can't give something to our child yet,
32:43we don't promise it.
32:45>> But if we do promise, we have to keep
32:47it because we know how important
32:48promises are to them.
32:51>> Exactly, you just need to level up your
32:53mental strength a bit more.
32:55>> We were just talking about expenses
32:57earlier.
32:57>> Uh-huh.
32:58>> Talking about kids saving money.
33:01>> And I just heard the coach mention
33:03investing for kids too.
33:05>> Yes.
33:07>> What's a good way to start? Suppose our
33:10child knows how to save and manage
33:11their own budget.
33:13>> Uh.
33:15>> How should we instill the idea of
33:17investing, or what steps should we
33:18start with when talking to them?
33:21>> Well, if they've started saving, we can
33:23gradually take a step forward. For kids
33:25, I’d suggest moving into government
33:27savings bonds first to give them a
33:29chance at winning prizes.
33:31>> Oh, that's very exciting.
33:32>> Yes, tell them that maybe they'll win a
33:35prize. Tell them this is better than
33:36the lottery, dear. If you don't win the
33:38lottery, the money is gone, but this
33:40way you still keep your savings. Or
33:42these days, there's gold savings plans,
33:44you know, with a minimum of just 100
33:46baht. We can teach them to store their
33:49wealth in valuable assets. But you
33:51might need to open the account in a
33:53parent's name first, since kids can't
33:55open accounts until they are 18 or 20.
33:57If they aren't of age yet, just use our
33:59account. And gradually teach them, well
34:01, we ourselves also have to study to a
34:03certain extent. Because just sending
34:05them to learn from others, you know.
34:06When you send them to learn from others
34:07for like two days. What, what are they
34:09going to get? They come back the same
34:10as before. But if they are with parents
34:12who know how to invest, like with our
34:14son, we teach him to save money anyway.
34:16>> Yes.
34:17>> Right, once we teach him to save money,
34:19at that point, we give him actual cash;
34:22we don't do any transfers. Once he gets
34:24about 1,000, we take him to deposit the
34:27money, take him to deposit the money. I
34:29mean, we have to feel that we aren't
34:31wasting time with these activities. Let
34:32him deposit the money, let him try
34:34writing it himself because at seven, he
34:36can write, so let him fill out the
34:37deposit slip himself. When he updates
34:39his passbook, that's when we start
34:41teaching, saying, "Look, there's more
34:43money added, do you see, from when you
34:45deposited?" Right? August, do you see,
34:47son? He says he sees it. Because we
34:49tell him, what is it? It's interest.
34:51How is interest calculated? If you
34:53deposit money with Dad, imagine Dad is
34:55a bank, you deposit 100 with Dad, and
34:57after one year, Dad will give you 50
35:00satang.
35:00>> Mmh. "
35:03>> Why is it so little?" Well, interest is
35:06set this way because they keep the
35:08money safe for us, right? So they give
35:12a small return. Then he asks, "Is there
35:15a way to get more than this?"
35:17>> Uh-huh.
35:18>> You have to remember, son, that if you
35:19want more than this, the risk becomes
35:21higher.
35:21>> Mmh.
35:22>> Well, he won't understand it;
35:23explaining risk to a nine-year-old,
35:24they wouldn't know anything, right? But
35:26let him understand, let this word be
35:27imprinted in his mind first. "So what
35:29can we do?" I then say, "Look over at
35:31the bank.""This bank, son, if we are
35:35the owners, we will also get dividends.
35:37""And when the bank's price goes up, we
35:41gain, too.""So how do we invest?" I
35:45tell him this bank is 3 baht. This bank
35:48is 3 baht. But we call it, we tell him
35:50that the bank price is 3 baht. But they
35:52won't let us buy just 3 baht. They
35:53require a minimum purchase of 100
35:55shares. 3 times 100 is 300. "If we have
35:58300 baht, August, if you have 300, you
36:00can be an owner."
36:01>> Mmh.
36:03>> Wow, there are thousands, so we can be
36:06owners. Anything else? Oh, there's a
36:09hospital for 20 baht. Yes, 20 baht for
36:12a hospital, and a real estate company
36:15for 13 baht. Wow, not expensive!
36:17>> Yeah.
36:18>> He wanted to own everything.
36:19>> He wanted to own everything. And as we
36:21were talking, I asked, "If August owns
36:23the bank, what does that make the
36:24people sitting inside?" They're your
36:26subordinates.
36:28>> Because we are the owners, right? They
36:30work there, right? Many people use
36:32their services. You need to know where
36:34people go to get services.
36:35>> Yeah.
36:36>> Right? From then on, he started
36:37training. I didn't care at all if he
36:39invested right or wrong. I just wanted
36:40him to start having fun. When he goes
36:42to the mall. He started looking. "Dad,
36:44we use vegetable oil all the time.""
36:47Which one sells well?""Let's go look at
36:50the shelves." Go look at the shelves.
36:52Check which ones are running low. The
36:54ones that are full, you know? Maybe try
36:56interviewing the staff, can we ask them
36:58? "Hey, excuse me..." The staff who
37:00stocks the shelves. Just ask them, "Is
37:02it full because it hasn't sold, or
37:03because you just restocked it?"
37:05>> Yeah.
37:06>> They said they restock non-stop. They
37:08restock twice a day, so grab that one.
37:11And how do we buy this brand? Look at
37:12the back to see what the name is. Write
37:14it down and put it into Google. Type in
37:16"what is the ticker symbol for this
37:18stock." Some things you have to teach
37:20them to memorize. Once you find it, if
37:22it's there, buy it. Then place the
37:24order.
37:25>> Yeah, just take it slow, adjust, and
37:27invest like that. But I don't add money
37:30for him; he has to use his own money.
37:32>> Use his own money.
37:34>> When it's time for dividends, they send
37:36a report. He's still using my portfolio
37:38, but I opened a separate one for him,
37:40and when I showed him the dividends, he
37:42said, "Wow!""
37:43>> That's way more!" Currently, the annual
37:45dividends aren't much, maybe close to
37:4720,000.
37:48>> Wow, oh!
37:49>> Yeah, the portfolio has about 200,000
37:51plus. So I tell him, "See son, this is
37:53how investing works." He's starting to
37:55understand.
37:56>> Uh-huh.
37:57>> He's not at a very risky age yet
37:58because his other life needs are
38:00supported by his parents, right? But
38:03once he understands this, he will start
38:05saving money; he'll have money left
38:06over to save.
38:07>> Yes, because they see the money growing
38:09, something like that.
38:11>> Then one day, he said, "Dad, my son is
38:1318 now, August wants to go watch
38:15football in England." I said no, I
38:19won't pay, I won't pay. I told him to
38:22build his own portfolio, adjust it, and
38:24fight to make it grow. If the portfolio
38:28is a million, 7%is 70,000.
38:30>> What does P'Num pay for, and what does
38:32he not pay for?
38:33>> Well, for daily life like eating,
38:35nowadays if he has an allowance, he
38:37picks up his phone and what does he do?
38:39Bubble tea. Hmm, if I don't want it, he
38:41has to pay for it himself because I
38:43didn't want to eat it. Why? Because it
38:45would cost us money, right? He's grown
38:47up now and has his own money, so he
38:48needs to learn to spend it himself.
38:50Sometimes, when he sees me about to
38:51order, he tries to sneak in. But if he
38:53wants to order it himself and I don't
38:54want to eat it, he has to pay. So, for
38:56education and accommodation, we still
38:59take care of him, right? And for his
39:02monthly allowance, there's actually a
39:04funny story about that. Being the son
39:07of "Coach Num," he listens and
39:09understands that we should manage our
39:11money. 50 30
39:12>> Hmm.
39:13>> 50-30-20. If you earn 100, you have to
39:17spend 50 on necessities, 30 on wants,
39:19and save 20.
39:22>> Hmm.
39:23>> When he started his freshman year and
39:25had to move into a dorm, he calculated
39:27everything and asked his mom for a
39:2910,000 baht monthly allowance. His mom
39:32asked, "Where did you get that number
39:34from? 10,000?" He only stays there from
39:37Monday to Friday and comes home on
39:39weekends. August wanted to save 2,000 a
39:43month, so he applied the 50-30-20 rule.
39:46He'd spend 5,000 on necessities, 3,000
39:49on wants, and save 2,000.
39:52>> Hmm.
39:53>> His mom told him his equation was wrong
39:55because she was only giving him 6,000,
39:57and he had to manage that himself. So,
40:0020%of 6,000 is 1,200; that's all he
40:03could save. That's how it is.
40:05>> That's all it could be. He set a target
40:08to save 2,000, so he tried to adjust
40:10his income figures. But Mom only gave
40:12him 6,000. That's the origin story of
40:15how we have to teach him to manage his
40:17own finances.
40:18>> Coach, what if the parents are in a
40:20situation where we have 100 million in
40:22debt?
40:23>> Hmm.
40:24>> Should we tell the kids?
40:26>> Actually, whether you have money or
40:28don't, you can talk to your children
40:30about it.
40:31>> Oh.
40:32>> You just don't have to tell them
40:33exactly how much there is; my kids
40:35right now don't know either.
40:37>> And we just use the method of talking
40:39to each other. Don't give the
40:41impression that because we have money,
40:42they can just spend it however they
40:44want. It’s a lesson that whether you
40:48have a lot or a little, you always have
40:50to plan before you spend. We tell them
40:54like this.
40:55>> The keyword is that money must be
40:56planned.
40:56>> Yes, money is a matter that always
40:58requires planning. It's not about
41:00spending on whatever you want or being
41:02extravagant. I actually feel that it
41:05affects other aspects of life as well.
41:08They might end up not thinking things
41:09through. Therefore, we can talk to them
41:11about it. Families with debt have
41:13consulted me, asking if they can tell
41:14their children. You don't need to tell
41:16them exactly how much debt you have.
41:18But you can say that our family
41:19finances are a bit tight right now. And
41:22ask how they can help out instead. We
41:24can communicate that, if possible. Mom
41:27might not be able to increase your
41:29allowance right now, sorry about that.
41:32Something like that. I don't feel like
41:33that’s a failure at all. And you want
41:35to ask for their help. If possible, try
41:38to save up a little bit too. If there
41:40are things they can handle on their own
41:42. I would really appreciate that. You
41:44can talk about everything.
41:45>> Mmhmm.
41:46>> Yeah.
41:46>> I can really see that picture now.
41:48>> Having a lot of money doesn't mean you
41:50can buy whatever you want. These days,
41:53even for things worth a few hundred,
41:55they still come and ask. Even though
41:57they have their own money. We talk
41:59about it because they aren't really
42:00asking for permission, but rather
42:02wanting to consult me.
42:03>> Is this worth buying?
42:06>> We talk about whether it will last a
42:08long time, or if it's okay to spend a
42:10bit more because it's better quality,
42:12not disposable, or worth trying out.
42:16>> It’s not just about being cheap or
42:17expensive, it’s about whether it’s
42:18worth it.
42:19>> Oh, right, right.
42:20>> Some things might be a bit pricey, but
42:22they last longer.
42:23>> Uh-huh.
42:24>> And they have more features.
42:25>> Oh, this was so useful today, Coach.
42:28These mindset methods.
42:30>> Thinking about money for children,
42:32including how to spend, how to invest,
42:34and how to manage their finances.
42:37>> Finances require planning.
42:39>> Yes, you have to think before you spend
42:42, and I also got some useful tips on
42:44how to keep your 18-year-old child
42:46still talking to you about everything.
42:49>> That's wonderful.
42:50>> Yes, my pleasure.
42:52>> Well, thank you so much, Coach, for
42:54honoring our show today. Please tell us
42:58a bit about what you are currently
43:00working on and where parents can follow
43:02you.
43:03>> Yes, you can follow me on The Money
43:05Coach YouTube channel. For parents who
43:08have children in high school. I'd like
43:10to suggest the Money 14 course. I
43:13designed the curriculum to teach
43:15personal finance to high school
43:17students. And there is a big event
43:19coming up. It is on October 10th, the
43:22Money Freedom Forum 2026. It will be
43:24held at ICONSIAM. However, tickets for
43:27the venue are sold out. But there is
43:29another type of ticket called a live
43:30stream. You can purchase tickets to
43:32watch the event live from home. I hope
43:35you'll check it out.
43:37>> Thank you so much again, Coach. Goodbye
43:39.
43:41>> And thank you all for following the "To
43:43Ma Ngai" show. If you liked this
43:47episode, please follow us, subscribe,
43:49like, share, or leave a comment to
43:51support us.

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