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Author Topic: The economy is important for a family!  (Read 800 times)
DOH!
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March 24, 2022, 02:13:39 PM
 #101

I entrust my crypto assets to my wife for sure and I start her to educate how crypto works and stuff so that it would be easy for her once I am gone.
I started handing over some crypto finances to my wife last year and showed her how to use a wallet to store these funds, life obviously no one knows what will happen.  Crypto has no fixed inheritance and obviously we need to prepare for situations to ensure economic, spending, living for our family and children in the future - it's an important part of a family.  .  Most of us decide to invest in bitcoin with large sums of money because of the need to build an anti-inflation plan.

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March 24, 2022, 06:42:47 PM
 #102

As a parent, please teach him the best which will help him take care of his life in future. Yes anything that will support him is fine. Yes crpto coin is going to be playing a vital role when he grows big. Teaching him the way bitcoin or any other crypto currency can be earned, is going to support him a lot in his future. Yes I am sure it would will. Kindly teach as much as you can

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March 25, 2022, 02:27:50 AM
 #103

Of course, the economy is very important for families, without economic knowledge, we cannot manage money well, and the most important thing in the economy is to always think how we can earn big and reduce expenses, especially during a pandemic like now which makes many businesses die so that we have to be more creative.
Having a sound economic knowledge can really be helpful to families. And one of the ways we can be creative is by having several sources of income and not just relying on one. We need to teach children that they shouldn’t only rely on one thing, it is good to try out other things as well and make sure that they keep growing.

For someone who keeps relying on one source, one thing for sure is that they might end up in a situation whereby they lose whatever source of income that they have and that would lead to them not having anything and eventually going broke. So it is good to build several sources of income and even if anything should happen, you would still have something to rely on and keep on moving and growing.

In its role towards society, the family is an important economic actor that should be supported in the same way that corporations are. The areas in which a family operates are important not only from a social but also from an economic standpoint. A family, like any other business, operates through organization, professionalism, and efficiency. Family members conduct their family activities for free, resulting in numerous positive externalities for their members and society as a whole. As a result, a family can be classified as an economic entity, and its function is unique and necessary to achieve the common good in constitutionally significant areas. Stronger families do more than simply consume goods and services.
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March 25, 2022, 03:26:38 AM
 #104

if you leave cryptocurrency to your child, then it is necessary. even if not, you need to teach it to your child for educational purposes. however we never know how the potential of a child can take advantage of current technological developments.

if he was old enough to understand this kind of thing, it wouldn't hurt to teach it. many benefits for him and his development. those assets may also be able to help him in the next few years. In addition, some news that I have received have reported that many children have learned to do mining, and have income. Well, I think his parents are an important support in this regard. however, if he is still too young, maybe your wife can be the target of further education, it can make him teach your child one day.

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March 28, 2022, 01:04:23 PM
 #105

If you feel the need to give your family the best that you can, then you can do that by working hard. You can start up a business and grow the business. A lot of people do that; there are people who start up a family business and as time goes on the family business starts to grow and when their children are of age, they can take over the business and also continue from wherever their parents has stopped.

Moreover, you can as well invest in assets such as real estate, bitcoin and so many more. You have so many choices when it comes to investment and you just have to look for the good ones and invest in them. One thing for sure is that they are definitely going to pay off.
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March 28, 2022, 02:02:26 PM
 #106

I am married and have 1 daughter.

As we know, the economy is very important for families, of course, to support daily life and plan for the future. In addition to working we also need a savings or investment and this is the responsibility of parents. But if something happens that we don't want, such as death. By leaving a little treasure to our children, do we need to provide crypto investment education to our children? is it necessary?

As a parent I want to give my best.

I want to hear your opinion guys.

Since we're now on the modern days where cryptocurrency is continuously developing and evolving, I believe that it's a good idea to provide crypto education for our children or we could do it ourselves by enlightening them the importance of cryptocurrency and how it could function for the betterment of the economy in the future. Our economy isn't in a good shape right now and we don't know the possible things that could happen in the coming days so planning for our kid's future through crypto would be a wise move.
Indeed, the economy is currently in crisis, nowadays building a business is very difficult because there is a lot of competition between one another. And with cryptocurrency we can increase our daily income. We can also pass on crypto education to our children, but it's better not to have to. but to get that profit we have to learn it first, so we must be able to enjoy every process. Don't let us become victims and run out of capital we have due to lack of knowledge

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March 28, 2022, 02:21:41 PM
 #107

I already have kids, but I haven't thought about teaching them about crypto and investments. My child is going to preschool, I want them to have a beautiful childhood like a fairy tale and according to their wishes.
Crypto will definitely be used a lot in the future but I think we shouldn't rush them because they are big and know they will have their own choices and we are the only ones behind.
Children shouldn't be compelled to do things against their will, crypto is a good plan for their future but leave it or take it, not everyone has accepted and would accept crypto despite having the knowledge.

I do suggest that you teach them the basics maybe in their teenage stage and leave the choice of trading for them to make.

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March 28, 2022, 02:54:19 PM
 #108

Ah yes, floor is made of floor. Of course the economy and a healthy one at that is important for a family, it's not just how the country continues to work but it's also how the people in that country thrive, economy means that there's a market in that country and with a market, that means that there's work there to be done and with work to be done, that means there's living that you can make then that means that you can survive.

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March 28, 2022, 03:08:22 PM
 #109

I already have kids, but I haven't thought about teaching them about crypto and investments. My child is going to preschool, I want them to have a beautiful childhood like a fairy tale and according to their wishes.
Crypto will definitely be used a lot in the future but I think we shouldn't rush them because they are big and know they will have their own choices and we are the only ones behind.
Children shouldn't be compelled to do things against their will, crypto is a good plan for their future but leave it or take it, not everyone has accepted and would accept crypto despite having the knowledge.

I do suggest that you teach them the basics maybe in their teenage stage and leave the choice of trading for them to make.
The right time to teach them is when they are teenagers because when they are young it is too early and they will most likely not understand,
as parents we must be wise in teaching crypto to our children later,
if they are really interested then they will find out for themselves

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March 28, 2022, 06:14:22 PM
 #110

You think right, you really care about the future of the child. I agree with teaching our kids how to invest in crypto, because outside of school education they also need to take advantage of today's crypto technology to earn an income from a young age. And you also have assets in crypto, one day when death just happens. At least our children can still go on and take advantage of our first investment. it will be very useful for them.

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March 28, 2022, 09:14:32 PM
 #111

science is a human weapon today and teaching children about crypto is a good provision for their future. I see there are quite a lot of people who have made crypto as their main income, so that knowledge about crypto is really of high value at this time.

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March 28, 2022, 10:02:05 PM
 #112

If you feel the need to give your family the best that you can, then you can do that by working hard. You can start up a business and grow the business. A lot of people do that; there are people who start up a family business and as time goes on the family business starts to grow and when their children are of age, they can take over the business and also continue from wherever their parents has stopped.

Moreover, you can as well invest in assets such as real estate, bitcoin and so many more. You have so many choices when it comes to investment and you just have to look for the good ones and invest in them. One thing for sure is that they are definitely going to pay off.
It is already hard to open up a business but how much more of growing it? That will be thrice the difficulty.
In a business you also work hard and must work hard if you want to make it successful but I believe that working from someone else business requires more effort because you have been dictated by someone else.

This is the reason why someone can quit their job and start their own business because this allows them to be free. Not all people can work hard but most of the people on our society are lazy and as you can see they haven't change their lives yet. Sorry if I sound a little harsh there but I am only telling the truth.
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March 29, 2022, 01:04:21 AM
 #113

  Yes economy is part of the cycle life that we need to live in the community , it really important the economy to sustain all the needs and wants for everyone an the capitalism know this everything if how they run the economic circle.

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March 29, 2022, 01:15:49 AM
 #114

Yes, it's really important to govern nearly every activity around us, but getting too caught up in it without knowing what we're expecting will only add to our pressure. Life has many differences, so it is impossible to say what life is suitable for an individual, I myself always feel satisfied with everything now, even when my family was poor. Everyone still loves each other.

SUGAR
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March 29, 2022, 10:50:33 PM
 #115

Of course it is very important how old your child is. If he is ready to learn information about cryptocurrency and this topic is interesting to him, it will be very good to introduce the child to this wonderful world. Otherwise, it makes sense to just leave funds for him in a bank account. Today, children are very smart and want to understand all things.
While most kids today are into technology, they can easily understand what we're going to teach them related to any investment and business matters and that includes crypto investing.
But if you want to teach them, do it gradually. As a start, teach them first how to save money and then next put it in the bank and then as well as putting it as an investment into bitcoin. That'll make them look easy as they do it but amongst the other kids, they're already advanced because of what we're teaching them.
Saving is already part of growing children. The more you teach them to save like saving their excess allowance and buying things that are only necessary, then they will learn to value money. And if they have saved a bigger amount, you can introduce crypto investing and put a small amount first to invest. Teach them the value of crypto and soon they will start to understand how crypto investment works and how it is important to have a brighter future. The things you teach them will always leave a big impact to them so always teach them the most valuable things in life.

Ahli38
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March 30, 2022, 02:45:01 AM
 #116

I see your question is based on your concerns about the future of your children. it touched my heart.
because I too am married and know very well how you feel.

I myself just want to provide the best education for my children. not just formal education. but also education about morals.
I don't want to teach my children to love money too much. but I will teach about the treasures needed for survival and help others.

and of course there is nothing wrong with teaching crypto to children if our children are really interested in it.

we as parents need to know what our children are interested in. and which ones our children are not interested in.

when we know what the child's interest is. then the next step is to provide direction and education that leads to children's interests. A little push is needed but no coercion. because it is not good for the mental health of children.

teach the basics of economics and how to manage money. when it's time they understand.

because the economy is very important in the family. there are so many broken families due to an unstable economy.

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judaspriest
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March 30, 2022, 09:24:59 AM
 #117

Of course it is very important how old your child is. If he is ready to learn information about cryptocurrency and this topic is interesting to him, it will be very good to introduce the child to this wonderful world. Otherwise, it makes sense to just leave funds for him in a bank account. Today, children are very smart and want to understand all things.
While most kids today are into technology, they can easily understand what we're going to teach them related to any investment and business matters and that includes crypto investing.
But if you want to teach them, do it gradually. As a start, teach them first how to save money and then next put it in the bank and then as well as putting it as an investment into bitcoin. That'll make them look easy as they do it but amongst the other kids, they're already advanced because of what we're teaching them.
Saving is already part of growing children. The more you teach them to save like saving their excess allowance and buying things that are only necessary, then they will learn to value money. And if they have saved a bigger amount, you can introduce crypto investing and put a small amount first to invest. Teach them the value of crypto and soon they will start to understand how crypto investment works and how it is important to have a brighter future. The things you teach them will always leave a big impact to them so always teach them the most valuable things in life.
Teaching from simple things like saving excess money from a young age without us realizing it will have a great impact for the future.
children will understand how important money is when they grow up,
and the right time to introduce crypto investing or whatever is when teenagers because they will easily understand it

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March 30, 2022, 02:58:36 PM
 #118

Economics is an important thing for anyone, this is what makes many schools and schools of economics always the first choice, and I am also currently still in school to become a bachelor of economics and accounting, the most important thing in economics is the arrangement between income and expenses and how to make an income continues to improve because the burden of life continues to rise.



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endut15
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March 31, 2022, 08:03:09 PM
 #119

teaching children how to invest is a very appropriate thing. besides studying at school they also have insight into crypto technology, in the future our children will also be able to make money by investing. as a parent, this is the best solution. Our concern for children is not only able to provide education to them, but we must also be able to guarantee their future. Apart from that, you are also investing in crypto, you can give this asset as an inheritance to your children when you are old or die.
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April 01, 2022, 04:30:28 AM
 #120

teaching children how to invest is a very appropriate thing. besides studying at school they also have insight into crypto technology, in the future our children will also be able to make money by investing. as a parent, this is the best solution. Our concern for children is not only able to provide education to them, but we must also be able to guarantee their future. Apart from that, you are also investing in crypto, you can give this asset as an inheritance to your children when you are old or die.

True, children should be taught to invest so that they can be independent and train them to always be active in saving, I believe future trends and crypto will continue to improve so introducing crypto from an early age is the right step to make them not left behind when crypto is used massively.
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