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III ii Duties and Responsibilities AS Parents

2. 'Character is more important than wealth'. How does Swami explain this statement with regard to parenting?

Parents are concerned solely about the material welfare of their children and have no concern for their moral and spiritual well-being. When a child is born, the parents desire that he should be educated, sent abroad, encouraged to make as much money as possible there by whatever means. This is all that they teach their children. People today earn money in so many different ways, from begging to dacoity. It is not wealth that is important. Character is primary.
Sathya Sai Baba, 6 May 1992
 
Children should not be made to think that the acquisition of wealth is the be-all and end-all of life. Wealth does not accompany one when he leaves the world. Wealth is necessary only for meeting one's essential needs. Too much wealth is an embarrassment like an over-size shoe. Too little of it is likely to be painful, like a tight fitting shoe. So, it is desirable to have only that amount of wealth that is adequate for one's basic needs. It is deplorable that today, in the mad pursuit of money, people are forgetting all human qualities.
Sathya Sai Baba, 5 Feb 1984