Financial education begins from home.

[Fredomago]

Agree to disagree because not everything taught by the parents will be adopted by the children, but they do copy anything that the parents did.

Example is children who have strict parents, the parents don't allow almost everything because they use care as their excuse. But this doesn't mean the children will stop it completely, they can try to find other ways, like lying to their parents if they have extra subject while they actually want to play with their friends.

You have a point here, it's not just about teaching in words only but also practicing what they preach. Children are smarter than most people think, so there are certain things you do that they notice and they might end up emulating you. If you want kids to learn discipline, hardwork and financial management these are things that you must also practice. Most people are hypocritical, this is why most of them complain that their kids are not doing the things they are advising them to do forgetting that as parents they also don't do those things as well

Indeed, what they see is what they wanted to follow, most of the time young ones adopt how those adults do the actions, and like what you said it's best to practice whatever that you wanted them to learn, it's something you need to show them how it's going to work and what are the outcome base from the actual practices.

From that point of view those mindsets will developed and even they've got their own ways they'll be inspired to make their own success.

[ancafe]

Can we establish that financial intelligence is not a genetic trait, but an acquired trait, and by that, just as charity begins at home, financial education also begins at home.

Children who grow up in an environment where their parents practice strong financial discipline and it is very evident because of how it has created a balanced growing environment for them where they never lacked nothing but at the same time never wasted anything, will grow up to become children who will also show signs of strong financial intelligence. Do you agree?

For certain cases I agree that the practices of parents are not much different from what their children will do although in a larger scope this is not decisive. Many children of poor people can achieve the best ability in making money and maybe some people say it is luck, but in my opinion this is not luck but the hard work they do to change their fate for the better.

Parents play a role in making children more advanced and they have a greater responsibility for the growth of children in adulthood. If they are given a good education on how to make money then children will get used to following those steps and eventually they will understand the process of achieving wealth based on the hard work they have prepared.

[pusaka]

Agree to disagree because not everything taught by the parents will be adopted by the children, but they do copy anything that the parents did.

Example is children who have strict parents, the parents don't allow almost everything because they use care as their excuse. But this doesn't mean the children will stop it completely, they can try to find other ways, like lying to their parents if they have extra subject while they actually want to play with their friends.

You have a point here, it's not just about teaching in words only but also practicing what they preach. Children are smarter than most people think, so there are certain things you do that they notice and they might end up emulating you. If you want kids to learn discipline, hardwork and financial management these are things that you must also practice. Most people are hypocritical, this is why most of them complain that their kids are not doing the things they are advising them to do forgetting that as parents they also don't do those things as well

We cannot educate our children harshly and we cannot educate our children too gently, we must be able to adapt and must be firm. Yes, we must be able to distinguish between being firm and being harsh, because usually they look the same. I see many children who because of their parents' strict attitude, when they grow up they are more than what they thought, likewise when they are too gentle with them, they will be braver to fight back. We must know what our portion as parents is like and we must also be able to position ourselves as them, I mean try to understand what they want so that it can make it easier for us to find out what we should do.

[Xcode7]

For certain cases I agree that the practices of parents are not much different from what their children will do although in a larger scope this is not decisive. Many children of poor people can achieve the best ability in making money and maybe some people say it is luck, but in my opinion this is not luck but the hard work they do to change their fate for the better.

Parents play a role in making children more advanced and they have a greater responsibility for the growth of children in adulthood. If they are given a good education on how to make money then children will get used to following those steps and eventually they will understand the process of achieving wealth based on the hard work they have prepared.

The luck factor also influences, it cannot be denied but what must also be known is that luck does not come suddenly but luck comes when hard work and consistency in doing something so that at a certain point luck will be there.

And for anything, lessons from the environment are the most influential factors, especially parents who of course are examples for children at a young age so there is a role for parents to teach about financial education and for all of us this is an example from our parents regardless of whether it is good or bad but basically we still follow what is taught or exemplified by parents and over time when we are adults we will be able to choose our own path, whether it is learning to be better or vice versa.

[SATWAT]

For certain cases I agree that the practices of parents are not much different from what their children will do although in a larger scope this is not decisive. Many children of poor people can achieve the best ability in making money and maybe some people say it is luck, but in my opinion this is not luck but the hard work they do to change their fate for the better.

Parents play a role in making children more advanced and they have a greater responsibility for the growth of children in adulthood. If they are given a good education on how to make money then children will get used to following those steps and eventually they will understand the process of achieving wealth based on the hard work they have prepared.

The luck factor also influences, it cannot be denied but what must also be known is that luck does not come suddenly but luck comes when hard work and consistency in doing something so that at a certain point luck will be there.

And for anything, lessons from the environment are the most influential factors, especially parents who of course are examples for children at a young age so there is a role for parents to teach about financial education and for all of us this is an example from our parents regardless of whether it is good or bad but basically we still follow what is taught or exemplified by parents and over time when we are adults we will be able to choose our own path, whether it is learning to be better or vice versa.

I really like this part of your post because in last few days we are discussing few things our main agenda is always started with these points luck always come after hard work and consistency.
Many peoples around us started their own work with small amounts and limited sources, but now they are having enough sources which are giving them advantage and luck is also standing with them into their bold decisions so here I just want to say consistency and hard work always pay and luck give them strong favor.
Financial education is also stated from home, but environment is also needed to be positive because sometime few bad things or decisions can ruin long time success and hard work need to keep eye on child's and always have some touch which give them better confidence for having good success.

[Egii Nna]

Many peoples around us started their own work with small amounts and limited sources, but now they are having enough sources which are giving them advantage and luck is also standing with them into their bold decisions so here I just want to say consistency and hard work always pay and luck give them strong favor.
Financial education is also stated from home, but environment is also needed to be positive because sometime few bad things or decisions can ruin long time success and hard work need to keep eye on child's and always have some touch which give them better confidence for having good success.

I agree with the fact that not only the family but also a positive environment affects the child's view of life and finances. If a child is born and raised in a business environment, the child is likely to become a businessman, but if it’s the other way round, like raised in a gambling neighbourhood, that child is also likely to become a gambler, which is a negative impact. Which is very important to consider your environmental surroundings before raising your children there.

Talking about hard work, consistency and luck. They all work together, but smartness makes it easier because you can start up a business with hard work and consistency alone and take that business to a higher level, but when it crashes, you can’t get it back to the former level anymore due to a lack of smart work. But when you add up smart work, even though your business crashes, you can still take it back to its normal level or even more. That is why smart work increases rapid growth and eases the process.

[junder]

Indeed, what they see is what they wanted to follow, most of the time young ones adopt how those adults do the actions, and like what you said it's best to practice whatever that you wanted them to learn, it's something you need to show them how it's going to work and what are the outcome base from the actual practices.

From that point of view those mindsets will developed and even they've got their own ways they'll be inspired to make their own success.

A problem that often occurs in every region is that there are quite a lot of adults who give bad examples even if it's just a joke but this happens like in my environment. Like in my environment there are only a few adults who can give good examples to children under them. But it is true that those who are still under will probably imitate what they do by adults and this is like a natural law that cannot be removed.

[ancafe]

The luck factor also influences, it cannot be denied but what must also be known is that luck does not come suddenly but luck comes when hard work and consistency in doing something so that at a certain point luck will be there.

And for anything, lessons from the environment are the most influential factors, especially parents who of course are examples for children at a young age so there is a role for parents to teach about financial education and for all of us this is an example from our parents regardless of whether it is good or bad but basically we still follow what is taught or exemplified by parents and over time when we are adults we will be able to choose our own path, whether it is learning to be better or vice versa.

We cannot expect luck if we do not try to get it even though in certain beliefs luck is God's way of giving success to his servants. When someone wants to be rich then they need to work hard and prepare everything for supporters and now we can see the wealth factor that people can get based on the performance or support they have. Some people have rich parents and they can continue the business owned by their parents and some others try from scratch to achieve wealth based on hard work.

Many things need to be prepared when pursuing finance, capital, hard work, environment and opportunities must be utilized well. The most important thing is that we must be active in starting even though there is failure, because with that failure we can learn to improve the level of weakness so that we can be much more accurate in starting again.

[Oluwa-btc]

Can we establish that financial intelligence is not a genetic trait, but an acquired trait, and by that, just as charity begins at home, financial education also begins at home.

Children who grow up in an environment where their parents practice strong financial discipline and it is very evident because of how it has created a balanced growing environment for them where they never lacked nothing but at the same time never wasted anything, will grow up to become children who will also show signs of strong financial intelligence. Do you agree?

You're right  on the first line that financial intelligence is not generic but rather an acquired traits cause it's not inbuilt but being taught in schools or at home, but oj the second line I don't say you're wrong but then it varies in every way such that children whom their parents practice such strong financial discipline still turn out to be nuisance in the financial space by finding it difficult to manage and as well know how to spend the money but I think sometimes people with no proper financial orientation finds themselves able to do so.

[Mate2237]

yes that's right, financial education must start from home, I didn't get that from my parents but I have to do that to my child, seeing how Chinese people educate their children to be very disciplined in finance in my environment and most of my Chinese colleagues also say the same, skills in managing finances and turning money over since childhood become a very big capital in making financial decisions in adulthood, I totally agree with this.

Any thing that a child sees the parents doing is what they will copy while growing up so this issue of financial management is not an exception you don't expect a child from a home where the parents where reckless spenders to be financially responsible the children too will grow up and have problems saving money because whether you believe not not some important behavior or parents has a way of robbing off on the children because children learn from the parents in what ever thing that the do.


We should know as parents that we have a great role to play in the future of our children that is why we should also be a good role models to them and how we are going to do that is through making all aspects of our life's to be worth emulating so that our children can grow up and some of these attributes will be found on them because the environment that a child grows up matters a lot in the development process of any child

[Hanadawa]

We should know as parents that we have a great role to play in the future of our children that is why we should also be a good role models to them and how we are going to do that is through making all aspects of our life's to be worth emulating so that our children can grow up and some of these attributes will be found on them because the environment that a child grows up matters a lot in the development process of any child

As parents, we must realize that children learn first from their parents. Children who are in their golden age often see and imitate what their parents do. I agree that there are some things that are genetically inherited such as character and emotions. But for things like financial literacy, a child will learn from the environment in which he lives and his parents are his first teachers. I often see parents who are wasteful and do not have good financial management will make their children wasteful too. And it's funny when they complain why their children don't learn to manage their finances well. On the other hand, if parents have taught or at least shown how they manage their finances, then the child will also grow up with good financial abilities.

[Ricardo11]

We should know as parents that we have a great role to play in the future of our children that is why we should also be a good role models to them and how we are going to do that is through making all aspects of our life's to be worth emulating so that our children can grow up and some of these attributes will be found on them because the environment that a child grows up matters a lot in the development process of any child

As parents, we must realize that children learn first from their parents. Children who are in their golden age often see and imitate what their parents do. I agree that there are some things that are genetically inherited such as character and emotions. But for things like financial literacy, a child will learn from the environment in which he lives and his parents are his first teachers. I often see parents who are wasteful and do not have good financial management will make their children wasteful too. And it's funny when they complain why their children don't learn to manage their finances well. On the other hand, if parents have taught or at least shown how they manage their finances, then the child will also grow up with good financial abilities.

The education that parents give their children from a young age, that will determine the future of that child. Every parent should give their child the right education from the beginning, and treat their child the same way.
It is really sad that most parents do not know how to manage their finances properly these days But they want to teach their children about proper financial management. Environment is a very important issue, real education is more effective than book education, The real environment in which you will place your child, Your child will learn in accordance with that type of environment.
Therefore, parents must always treat their children correctly, if children get real education along with book education, then it will be more effective for them.

[fruktik]

Can we establish that financial intelligence is not a genetic trait, but an acquired trait, and by that, just as charity begins at home, financial education also begins at home.

Children who grow up in an environment where their parents practice strong financial discipline and it is very evident because of how it has created a balanced growing environment for them where they never lacked nothing but at the same time never wasted anything, will grow up to become children who will also show signs of strong financial intelligence. Do you agree?

Does anyone doubt it? Of course, children should be taught financial literacy from an early age if their goal is their financial well-being. The question here is different. How many parents are there who understand this issue? Yes, not so many. That is why there are too many poor and needy people in the world. Not everyone is given the ability to understand the simple truths of this process. And they are quite banal.

As a child, no one explained to me how to properly deal with the income that came in. That you should not spend it all within a certain period of time. You should put aside some part or, better yet, invest this money.

[Republikcoin.com]

A problem that often occurs in every region is that there are quite a lot of adults who give bad examples even if it's just a joke but this happens like in my environment. Like in my environment there are only a few adults who can give good examples to children under them. But it is true that those who are still under will probably imitate what they do by adults and this is like a natural law that cannot be removed.

That is what has become the difference now between adults in the past and adults today because adults now often joke in many places without paying attention to whether there are children around them or not. While adults in the past did not joke too often in front of children so they would always be respected by any children through their surroundings. In addition, the respect and politeness of children today have also decreased because of seeing the behavior of adults like that today.

[bhadz]

As a child, no one explained to me how to properly deal with the income that came in. That you should not spend it all within a certain period of time. You should put aside some part or, better yet, invest this money.

That is why, it is also a privilege when kids have guardians that are being taught on how to be financially well and be good at managing their finances. And those people that have grown without such but still managed to be good with their finances, you're all legends and you've come a long way for sure and learned a lot of it from your experienes. Also, the kind of old life that you've got is one big factor as to why you have been self taught on how to be financially educated. Because going back to the former life without good finances is what we are trying to avoid.

[bitgolden]

it's not just about teaching in words only but also practicing what they preach. Children are smarter than most people think, so there are certain things you do that they notice and they might end up emulating you. If you want kids to learn discipline, hardwork and financial management these are things that you must also practice. Most people are hypocritical, this is why most of them complain that their kids are not doing the things they are advising them to do forgetting that as parents they also don't do those things as well

Yeah, as parents, it's our responsibility to do things that we want our children to learn because children are like empty notebooks, so it's up to us what we want to fill them with. There is one more thing: what happens within a household, such as the general environment of a house, can affect children mentally. If a household is always under tension, family members are always fighting with each other, especially parents. In such an environment, children will grow up to have negative mindsets and might even become violent and short-tempered.

So we need to make sure that there is always a happy and easy environment around the house even if grown-ups have problems with each other, we shouldn't let those problems ruin the minds of the children, and it's better to discuss things in private or in the absence of the children so that they don't see us fighting or having heated arguments over anything.

[fruktik]

That is why, it is also a privilege when kids have guardians that are being taught on how to be financially well and be good at managing their finances. And those people that have grown without such but still managed to be good with their finances, you're all legends and you've come a long way for sure and learned a lot of it from your experienes. Also, the kind of old life that you've got is one big factor as to why you have been self taught on how to be financially educated. Because going back to the former life without good finances is what we are trying to avoid.

Indeed, there was no one to teach me even the slightest bit of financial literacy. I came to this conclusion myself. How did it happen? It's all very simple. I was tired of living in poverty and misery. I started looking at people who had amassed large capital. As a result, I came to the conclusion that money should not only be saved, but also invested in order to make a profit. This is the only option that works for me. Of course, I can start my own business, but I don't want that. I need mobility, which allows free movement and is not tied to a specific place.

[summonerrk]

That is why, it is also a privilege when kids have guardians that are being taught on how to be financially well and be good at managing their finances. And those people that have grown without such but still managed to be good with their finances, you're all legends and you've come a long way for sure and learned a lot of it from your experienes. Also, the kind of old life that you've got is one big factor as to why you have been self taught on how to be financially educated. Because going back to the former life without good finances is what we are trying to avoid.

Indeed, there was no one to teach me even the slightest bit of financial literacy. I came to this conclusion myself. How did it happen? It's all very simple. I was tired of living in poverty and misery. I started looking at people who had amassed large capital. As a result, I came to the conclusion that money should not only be saved, but also invested in order to make a profit. This is the only option that works for me. Of course, I can start my own business, but I don't want that. I need mobility, which allows free movement and is not tied to a specific place.

However, a strong motivation to get out of poverty is not enough. You need to know how to get out and how to develop yourself in order to have a chance to become a wealthy person in the future. And if at this moment no one tells you what to read and what people to listen to, then everything will end without result. Such knowledge spreads from person to person very quickly due to advice. It was my friends who advised me to read Kiyosaki's "Rich Dad, Poor Dad" and it was the same friends who advised me this forum. Without them, I would be just a guy who wants to change his life. But does not know how.

[Mahanton]

That is why, it is also a privilege when kids have guardians that are being taught on how to be financially well and be good at managing their finances. And those people that have grown without such but still managed to be good with their finances, you're all legends and you've come a long way for sure and learned a lot of it from your experienes. Also, the kind of old life that you've got is one big factor as to why you have been self taught on how to be financially educated. Because going back to the former life without good finances is what we are trying to avoid.

Indeed, there was no one to teach me even the slightest bit of financial literacy. I came to this conclusion myself. How did it happen? It's all very simple. I was tired of living in poverty and misery. I started looking at people who had amassed large capital. As a result, I came to the conclusion that money should not only be saved, but also invested in order to make a profit. This is the only option that works for me. Of course, I can start my own business, but I don't want that. I need mobility, which allows free movement and is not tied to a specific place.

However, a strong motivation to get out of poverty is not enough. You need to know how to get out and how to develop yourself in order to have a chance to become a wealthy person in the future. And if at this moment no one tells you what to read and what people to listen to, then everything will end without result. Such knowledge spreads from person to person very quickly due to advice. It was my friends who advised me to read Kiyosaki's "Rich Dad, Poor Dad" and it was the same friends who advised me this forum. Without them, I would be just a guy who wants to change his life. But does not know how.

Having those people around us on which giving out that kind of advises or recommendations. This is why its still relevant or important that you do need to include yourself into those circle of friends on which that have that kind of the same interest and mentality. There are instances that we might joined ourselves into those who doesnt have any plans into their lives when it comes to financial status or condition then they would be sticking into the current things that they've been dealing into and there's no progress. Yes, contentment isnt bad but having that kind of plans on trying out to make themselves that having that much more better in terms of financial then they will be trying out to make up some move. Its true that financial education begins from home but not all parents will be having that kind of action on which they will be teaching up their kids but mostly this will be that usually common on traits or behavior but talking about financial aspects then only a few of parents will be teaching out this one because most of the time they will be that letting the school do its job when it comes into this aspect on which actually true.

[Jody.Drummer]

One of the actions parents teach their children from an early age is to save, I think all parents must teach their children to be able to save money so that it can become a habit when they are adults, many young people or adults who cannot save I understand maybe also because their unstable financial situation makes them unable to save.
For people who have a good income, they should be able to save their money and maybe even invest it if they really understand investment.