Early exposure of children to wealth and investments

[Rruchi man]

Is it right to tell your children all the investment you've made even when they're not yet matured enough? If no, At what age should they start knowing about those investment?

Children can learn directly from their parents, and if you a parent lay a good foundation of letting your kids know that you have invested, and the importance from investing to your kids, They will grow up without consciousness and early in life they would be focused on setting up investments that they would later profit from.

One problem and challenge I have noticed in my own immediate environment is that parents are more focused on exposing the children to religion than investment and wealth importance. If focus can also be placed on wealth and investment to children in an early age just as religion it will have an immense benefit in the development of the child and financial independence earlier in life.

[crwth]

The environment and how the child grows up would indeed be a primary factor towards what and how the child behaves. It's going to become a hard thing to analyze if you don't see it with an open eye. I think when it comes to investments, it's important that they see the importance of money. That's the initial thing that II think to have a great relationship with money. It's important that it's not just magic and you have to work for it to get the best out there. Wealth is important but treating people better is the best.

[Ndabagi01]

Some parents have denied there children access to a lot of privileges because to them, it will be a major distraction  and this could to a very large extent make the kids to feel unloved and might birth hate and hurts in their heart.

I don't understand how exposing children to their parents' businesses will cause them to develop feelings of hatred or hurt in their hearts. Children are only unhappy with their parents when they do not give them the attention they deserve as they grow up and instead delegate responsibility for the children to an employee working under them as nanny or house help. Children like that grow up to be harsh on their parents, but exposing them to their family business can't really instill hatred in them.

Is it right to tell your children all the investment you've made even when they're not yet matured enough? If no, At what age should they start knowing about those investment?

There should be an age at which you can tell your child about your businesses even if they are too young to handle them. Try to teach them the fundamentals of the business as they grow up, rather than exposing them to everything until they are old enough to handle it. You can find a trusted person who will work to make your children your successors even if you are no longer alive and they were not yet old enough to run the business. Also, make sure your child understands who the person is in order for them to fight for their rights if he does not hand over at the appropriate time.

[Negotiation]

I think it's better to teach children about money management from a young age. If they are of a tender age then they will get the idea of money very easily and they will be able to come to the right decision in the absence of their parents. Children should be taught money from a young age and understand that investing is a strategy for growing and securing wealth. It is easy to get backup if you know all the personal information as inheritance by saving a certain amount of money.

[bettercrypto]

The art of Parenting is one critical responsibility that plays a great role in shaping the kind of people we have in our society and sometimes in the guise to effectively train our children, factors like, at which age we expose them to our investment and resources become a difficult decision we have to make.

Some parents have denied there children access to a lot of privileges because to them, it will be a major distraction  and this could to a very large extent make the kids to feel unloved and might birth hate and hurts in their heart.

There had been cases when parent invest into project without letting their children know about it and then they suddenly die and it becomes a difficult situation trying to figure those project out and some extended relative might even deny the child access to it.

Is it right to tell your children all the investment you've made even when they're not yet matured enough? If no, At what age should they start knowing about those investment?

We as parents are the ones who know how far our children's capacity of understanding is, and of course, to what extent their understanding can reach. Let's just explain little by little about the things we do, whether it's business or investment. .

But it's better in business; don't do investment first because they're still raw there, but only in business familiarization, and only teach or make them understand basic financial management in a simple way first.

[|MINER|]

Children should always be free and if investing somewhere should inform children and wife i.e. family members.  Because there is no guarantee in the life of a person who is alive may not be there tomorrow. If he invests without telling his family and dies.  But his family will not know that his money is invested and the money will remain like that.  A trusted person should be consulted before doing anything.  But before sharing with the children, how much machio the children have to develop.

[Cryptomultiplier]

The exposure could be that these children were born into a wealthy family and they understand without being told that their parents are wealthy.
I would say that it's easier for an only child to know about their parents wealth and investment than those with more than one siblings.

It's good to inculcate financial education into our children at an early age so as to have a matured mindset about wealth and investment. In such case, even after the parents have shown their children how much wealth they have amassed, the children ought to prove how well they have developed their financial knowledge inorder to access the wealth of their parents.

[LogitechMouse]

~
Is it right to tell your children all the investment you've made even when they're not yet matured enough? If no, At what age should they start knowing about those investment?

No. It's useless IMO because at the end, they might just ignore or forget about it. You can teach a child about investment, but as a parent, you must be creative enough so that they can still understand it even though they're still young.

Why tell it to children first when you have your wife/husband? Or your trusted relatives to share your investment at first place? Ok, sharing it with relatives is kind of risky, but just share it to your wife/husband. Share your investments with him/her, and if the worst thing comes that you unfortunately dies, he/she will be the one to tell it to your child/children. Telling it when they aren't matured enough is just a waste of time because after all, they're too young to digest that information.

There's nothing wrong with teaching the basics of investing to our children, but at least be creative, and be responsible as well. Like what some said, I guess don't jump and teach investing immediately, but teach them anything about money management.

[AmoreJaz]

I think it's better to teach children about money management from a young age. If they are of a tender age then they will get the idea of money very easily and they will be able to come to the right decision in the absence of their parents. Children should be taught money from a young age and understand that investing is a strategy for growing and securing wealth. It is easy to get backup if you know all the personal information as inheritance by saving a certain amount of money.

This is a stage by stage process in introducing the money management to kids. Definitely, parents should not be very technical and make it fun as much as possible. So kids won't feel it as a burden to learn about financials but should enjoy the process of it.

This article gives some pointers
> use a clear jar for savings
> set an example with your own money habits
> show them stuff costs money
> show them how opportunity cost works
> give commissions, not allowances
> avoid impulse buys

[irsykes]

Is it right to tell your children all the investment you've made even when they're not yet matured enough? If no, At what age should they start knowing about those investment?

Children can learn directly from their parents, and if you a parent lay a good foundation of letting your kids know that you have invested, and the importance from investing to your kids, They will grow up without consciousness and early in life they would be focused on setting up investments that they would later profit from.

One problem and challenge I have noticed in my own immediate environment is that parents are more focused on exposing the children to religion than investment and wealth importance. If focus can also be placed on wealth and investment to children in an early age just as religion it will have an immense benefit in the development of the child and financial independence earlier in life.

The hope is that both are very good. Religion and investment lessons are good things for children if they can provide that guidance. For me, religion is also important for a child's development to organize the basic characteristics they will have so that their future life will be orderly because this will become their character. I think religion is the main thing and investment is lesson number 2. Because investment has the characteristics of management and knowledge

[jrrsparkles]

Is it right to tell your children all the investment you've made even when they're not yet matured enough? If no, At what age should they start knowing about those investment?

Children can learn directly from their parents, and if you a parent lay a good foundation of letting your kids know that you have invested, and the importance from investing to your kids, They will grow up without consciousness and early in life they would be focused on setting up investments that they would later profit from.

One problem and challenge I have noticed in my own immediate environment is that parents are more focused on exposing the children to religion than investment and wealth importance. If focus can also be placed on wealth and investment to children in an early age just as religion it will have an immense benefit in the development of the child and financial independence earlier in life.

The hope is that both are very good. Religion and investment lessons are good things for children if they can provide that guidance. For me, religion is also important for a child's development to organize the basic characteristics they will have so that their future life will be orderly because this will become their character. I think religion is the main thing and investment is lesson number 2. Because investment has the characteristics of management and knowledge

Religions are supposed to help people to live in peace but different classes in it and clash with different religions make it as one of the worst things in the world. If you want to raise your kids with religious beliefs then it's okay but making it as first priority may not suit for current era so better teach them about balancing everything.

[Davidvictorson]

Is it right to tell your children all the investment you've made even when they're not yet matured enough? If no, At what age should they start knowing about those investment?

When they are not mature enough you mean like 17years?

In my estimation telling your kids about your investments should be done in bits. You don't just sit them down one day and begin to tell them you invested in bitcoin, or in S&P or whatever.

In their younger years, they should learn about investing. You should take them to work or some business place where you can start inputting in them the investment sense. A s they grow older then you begin to have conversations with them about it. I recommend monopoly, it teaches about investment and all.

If you trust your kids enough and see that they can handle some personal information, you could tell them by 17  or 18. This decision and assessment is solely yours to make.

[MFahad]

Is it right to tell your children all the investment you've made even when they're not yet matured enough? If no, At what age should they start knowing about those investment?

No, it is not right, and children should be kept away from such things until they grow big enough to understand each and everything about money and finances and be able to manage businesses and investments of their parents.
Children can't handle complex matters or things, and if you get them into such things at an early age, chances are that they will lose focus on a lot of things that are important for them such as their education and it will also be an hurdle in their way for growing up with a good upbringing because children should be raised with good teachings and have good etiquettes about things they do, they shouldn't be put into monetary issues at such early ages.

[lizarder]

The art of Parenting is one critical responsibility that plays a great role in shaping the kind of people we have in our society and sometimes in the guise to effectively train our children, factors like, at which age we expose them to our investment and resources become a difficult decision we have to make.

Some parents have denied there children access to a lot of privileges because to them, it will be a major distraction  and this could to a very large extent make the kids to feel unloved and might birth hate and hurts in their heart.

Parents must have the art of educating children because this aims to ensure that children become more educated to prepare themselves for a time of responsibility. Educating children to be more responsible in handling finances must be done from an early age and in terms of investment training, it must be seen to what extent they are able to be responsible for themselves. Sometimes the age at which children develop in thinking about making money varies and it is not fully seen at what age because there are children who are educated at a younger age due to environmental factors.

Parents need to limit their children but not close their children's access to learning many things for their own development process. The best way is to control and not limit it because if it is limited it will make the child's brain development slower to develop. Children will be much more productive when they recognize many good things and it is the parents' job to control their development so that it is more focused.

There had been cases when parent invest into project without letting their children know about it and then they suddenly die and it becomes a difficult situation trying to figure those project out and some extended relative might even deny the child access to it.

Is it right to tell your children all the investment you've made even when they're not yet matured enough? If no, At what age should they start knowing about those investment?

There should be someone who can be trusted to provide access to the investments we make, but the person we entrust must really be able to maintain the confidentiality of the assets we own. Children may not necessarily be able to maintain confidentiality and there are even children who usually only have the ability to spend their parents' money and this goes back to the parents' upbringing patterns in their daily lives.

I personally haven't told anything to my children about the investments I made because they are not ready. I just tell them about bitcoin as a normal way of getting to know them because I want them to know what bitcoin is in their own way. Even though I myself also tried to give them an understanding of Bitcoin, it was only limited to ordinary knowledge.

[Wexnident]

~

I would've definitely wanted my parents at least to tell me about what investments was/were and the methods to at least start doing those. The period I started doing crypto and then started learning all about investment and whatnot was confusing and add that together with all the mumbo jumbo of stocks plus those necessary stuff about registrations, let's just say I was overwhelmed. Would've definitely wanted someone to guide me lol and I was too afraid to follow YT guides since well, I don't think they'd be that 100% useful to follow.

Ofc it requires a certain age to even follow/understand stuff like this. I reckon about 18-20 would be okay though. They at least have some semblance of the value of money at that point plus some of them might even have their own sources of income by then.

[Cookdata]

Some parents have denied there children access to a lot of privileges because to them, it will be a major distraction  and this could to a very large extent make the kids to feel unloved and might birth hate and hurts in their heart.

There is a difference between strick parenting and hate if a child, Children are children, let them enjoy every moment of their life. When they reach age when they are ready, they will get everything. You don't expect a teenage boy to understand life and reason life like the way a 25 years old adult will think, they can't and wouldn't except for the gifted children which are rare.

There had been cases when parent invest into project without letting their children know about it and then they suddenly die and it becomes a difficult situation trying to figure those project out and some extended relative might even deny the child access to it.

In 2024, a parent who has invested huge amout of money in a project and didn't will it with his child name didn't plan well, this is where I think lawyer is need and not relative or even a friend because death is something we all don't plan for, sighing a paper with your lawyer should help you transfer everything to the right hands when you are gone.

Is it right to tell your children all the investment you've made even when they're not yet matured enough? If no, At what age should they start knowing about those investment?

This has an advantage and also a disadvantages. If you tell your child that you have an investment for him, it might be a motivation for him to be serious about life and it might start to make him misbehave even though you didn't show him anything about the investment. Most often, unseriousness is what you get for revealing this to them but when they know that they have nothing to fall onto, it will make them serious about life.

[Fortify]

The art of Parenting is one critical responsibility that plays a great role in shaping the kind of people we have in our society and sometimes in the guise to effectively train our children, factors like, at which age we expose them to our investment and resources become a difficult decision we have to make.

Some parents have denied there children access to a lot of privileges because to them, it will be a major distraction  and this could to a very large extent make the kids to feel unloved and might birth hate and hurts in their heart.

There had been cases when parent invest into project without letting their children know about it and then they suddenly die and it becomes a difficult situation trying to figure those project out and some extended relative might even deny the child access to it.

Is it right to tell your children all the investment you've made even when they're not yet matured enough? If no, At what age should they start knowing about those investment?

Children can be taught proper financial behavior, but you seem to think that parents should be exposing children to all the parents personal wealth? That is bizarre, totally unnecessary and even a bit of a creepy way of thinking. One thing that should improve, maybe it's better in certain parts of the world, is proper financial education and not just teaching kids basic math skills. Sure, they need to know math fully, but they should also be taught about things like debt, credit cards, mortgages, interest rates, the stock market, bonds and all these other things that are actually powering the world of business and personal finance. That would help set them up in a much stronger position in life where they are less likely to get taken advantage.

[serjent05]

Is it right to tell your children all the investment you've made even when they're not yet matured enough? If no, At what age should they start knowing about those investment?

I think it is not appropriate to tell kids all our financial activities.  Teaching and opening up our financial investment are two different things.  We can make our kids expose to wealth and investment even if we are not telling them our investment ventures.

Children's minds are like an empty glass of water.  Whatever we fill their brains will be the things of their interest but they have limited understanding so it does not mean that we can say our business ventures at their early age.  We can have them explore the basics of investments then when they have a grasp of it, make them learn deeper.

I believe the time to tell our kids about our business and investment ventures is when they are ready to shoulder the responsibility involving those investments.  Telling them about it at an early age is like giving them a quadratic equation problem when they don't even know how to add or subtract numbers.  It is better to take it slow and steady.  

[Fiatless]

Is it right to tell your children all the investment you've made even when they're not yet matured enough? If no, At what age should they start knowing about those investment?

You don't force a child to learn about the family business or to choose a particular career, it should come naturally. There are children who show interest in the family occupation at a tender age, such children should be groomed to understand the rudiments of such business. Others might decide to choose other career paths different from the family business, those ones shouldn't b forced to follow the footsteps of his parents. However to answer your question, children should be introduced to investment immediately they start showing interest and understanding how it is runned. Generally, every parents have the responsibility of teaching his children hardwork, savings and investment.

But we still need to be careful when introducing children to investment. You don't have to reveal sensitive information to them because they are not matured enough to keep secrets. They could go an announce to the entire class in school that you own Bitcoin or a certain amount of money snd this could bring a security problem.  Sensitive information should be unveiled only when you have ascertained that they are matured enough to manage them.

[NurseHub]

Early exposure of children to wealth and investments:
 
It's good to introduce your kids to your business at least at teenage stage. Introducing them to your work and exposing them to wealth early , before they get to adulthood, your already sure your business will be secured with them.In this you have to make sure you give them all the details as they keep growing. 
Exposing them will help them grow in to a very useful being, letting them know about the advantage of working hard so they won't believe you made those money very early and might lavish it. 
Also making sure you know which of your kids will have the interest to continue with it, so you can focus on teaching the child more.
 
Allow them fix some work for themselves while trying to know their abilities and how to handle some difficult time.
Always come up with some tax on their free days introducing them to fast reasoning and getting more ideas that will help them get interested in the business.