Financial education begins from home.

[coupable]

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's why it's considered a privilege for a child to learn the tools and skills to manage a budget, no matter how small. These methods are supposed to be learned theoretically in the early years of school, and then learned practically by observing family members (parents and siblings) and performing tasks using small amounts.

Indeed. Teaching them at their young age may not be appreciated by them for now, but when they grow old, they will know how to value such a thing. That is why I don't make my kids' lives too easy. I give them enough money only for their basic needs. It's up to them if they will save some or not. Guiding our kids is not just making them suffer difficulties, but it is a way of helping them to become responsible in the future. They may not understand it, but soon they realized how important it was.

You shouldn't make the task difficult for you as parents and for your child as well, in a way that might deprive him of enjoying the best times of his life (childhood without responsibilities). Your role as a parent is to teach your child to take some responsibility, not to force it on him. Your idea of ​​motivating the child to save from his daily poketmoney is very good, and I am sure that you will see positive results in the short term. In other words, you don't have to wait for him to grow up to see the results of your support. I encourage you to continue your support and you will see the results happen in front of your eyes like magic. Don't forget to make the mother aware of this as well, so that the task becomes a shared responsibility.

There are many rich poor who want the success of their child but company matters a lot because every person consume good and bad things from society and if they will spend more time with financially educated people then they will be more successful in life ans also execution matters a lot because you can face challenges in life. There are point of view about rich and poor person and every person has different perspective.Parents want big position of their child because child need money to survive but they should start work at early age and should be independent before 18 age then our country will grow more . Because new entrepreneurs will take advantage from the market.

Your suggestion regarding financial independence for children before the age of 18 does not seem practical and cannot be realistic according to the laws and regulations adopted in each country. Financial independence means having a steady source of income, whether through employment or self-employment. I do not see any other way to achieve financial independence without work. Therefore, your proposal is either to employ children and encourage them to enter the labor market at a relatively early age, which is considered a violation of the law and subject to criminal penalties, or you are proposing to change the laws that prohibit child labor, which is an even more destructive proposal than the first one.

[JiiBs]

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?

I like to think that every attributes to intelligence of a child is learned. Nothing is inbuilt with a child aside from inherited traits that are physically expressed. Don’t get me wrong as intelligence can be passed on too but, it’s never expressed if not developed or built through life, especially at a very young age.

Our environment plays a vital role to the development of a child’s capabilities. If you don’t teach the child or at least show them by means of exemplifying it in your every day practices, they don’t get to learn these things early in life. They might learn it at some point but, it’s something that could be taught to them as well.

[Altryist]

I like to think that every attributes to intelligence of a child is learned. Nothing is inbuilt with a child aside from inherited traits that are physically expressed. Don’t get me wrong as intelligence can be passed on too but, it’s never expressed if not developed or built through life, especially at a very young age.

Our environment plays a vital role to the development of a child’s capabilities. If you don’t teach the child or at least show them by means of exemplifying it in your every day practices, they don’t get to learn these things early in life. They might learn it at some point but, it’s something that could be taught to them as well.

Genetically, a child can inherit not only similar physical traits but even similarities in character. But I understand what you're saying — the task of parents is to teach their child the basics of financial literacy, so that from an early age they understand the importance of money. I wanted to say the value of money, but that’s a slightly different concept. It’s necessary for a child to understand from a young age how important it is to be able to manage their finances.
Of course, I’m not talking about a 5-year-old, because they won’t understand any of this. But starting from the age of 14–15, it’s important to explain these things, give them the right books to read, and teach them how to manage their small finances and pocket money. This is very important.

[Fredomago]

There's no parent that would be wanting for their kids to be struggling in terms of financial aspects and this is why we do thrive and doing our very best on establishing and making our current business to become bigger, not only just that we can give out the good life that they do deserve but rather having something on which they could inherit at the time that you do pass away. We parents had nothing to wish for other than on having our kids to have a progressive and successful life. Each parent will be having their own ways on how they will be handling or teaching up their kids on which there are those who are strict on implementing and there are ones who are just that too loose. Speaking about Financial education then this is something that starts or begins from home but with those just simply basic principles on how its being handled or managed out but of course it will be still basing up on the age of your kids because if they cant be able to understand because they arent matured enough then it will be that pointless on doing so. Therefore, as a parent then you should be that watchful on whats happening or the current condition whether its already the right time to make out such lessons into their kids or will be waiting up for the right time to come through.

Yeah, as parent we do want to established our finances not just for us but more for the betterment of our children, having that business or savings that will give us enough resources in case our child needs assistance, and from that early stage we would like them to be involve if possible for them to learn things in their early stages, most of those established business owners place their child as part of the leadership preaparing them for more and bigger obligations once they pass the position to continue their business.

[Cpt_reader]

Financial education really starts at home. Our children should be taught financial habits from home. We know the story of the English princess going to the market, one day after her money ran out, she wanted to buy one more thing but due to lack of money, she could not buy it, although the shopkeepers wanted to give her the balance, but she did not take it, and said I do not have money. In fact, she learned financial habits from home and she was given a certain amount of pocket money, even if the money ran out, she was not given more money that month. We should also teach our children in such a way that they do not get into any complications when they grow up.

[Republikcoin.com]

Financial education really starts at home. Our children should be taught financial habits from home. We know the story of the English princess going to the market, one day after her money ran out, she wanted to buy one more thing but due to lack of money, she could not buy it, although the shopkeepers wanted to give her the balance, but she did not take it, and said I do not have money. In fact, she learned financial habits from home and she was given a certain amount of pocket money, even if the money ran out, she was not given more money that month. We should also teach our children in such a way that they do not get into any complications when they grow up.

From the story you told, I only caught a child who was only given money, not a child who was taught about how to earn money and also about how to maintain and manage money well. So you only told about a spoiled child because he was only given money to spend on his shopping and that cannot be taken as a reference because in every country there are various ways of life that are so different that every child will definitely not feel something that is almost similar to what is in your story.

[Polkeins]

I like to think that every attributes to intelligence of a child is learned. Nothing is inbuilt with a child aside from inherited traits that are physically expressed. Don’t get me wrong as intelligence can be passed on too but, it’s never expressed if not developed or built through life, especially at a very young age.

Our environment plays a vital role to the development of a child’s capabilities. If you don’t teach the child or at least show them by means of exemplifying it in your every day practices, they don’t get to learn these things early in life. They might learn it at some point but, it’s something that could be taught to them as well.

Genetically, a child can inherit not only similar physical traits but even similarities in character. But I understand what you're saying — the task of parents is to teach their child the basics of financial literacy, so that from an early age they understand the importance of money. I wanted to say the value of money, but that’s a slightly different concept. It’s necessary for a child to understand from a young age how important it is to be able to manage their finances.
Of course, I’m not talking about a 5-year-old, because they won’t understand any of this. But starting from the age of 14–15, it’s important to explain these things, give them the right books to read, and teach them how to manage their small finances and pocket money. This is very important.

At 14-15 many children already earn their own money) So it is better to start financial discipline earlier, at the age of 8-9 and by this time children already understand the value of money, unless the parents specifically shield the child from it, but then it will result in a very bad experience, like loans for unnecessary things or in the inability to make a simple budget, so that the money went not only for daily expenses, but also remained for investment or other riskier investments, like cryptocurrencies.
In general, it is better not to hide anything from children and honestly tell them about mistakes that you made, so that they at least know that their decisions in their youth, including financial ones, will have a very strong influence on their lives in the future.

[leonair]

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.

True, earlier parents were much less intelligent and they did not keep up with the world news very much. Because of this, we did not get the financial education that we needed from our parents. But now we are familiar with the whole world. We know how countries are surviving and what their discipline is like. So now it is our responsibility to teach our children financial education from home. And the world has now developed in terms of technology that it is definitely possible at home.

I have always believed that the position I was born into does not define me. The position I die into is what defines me.

[Mame89]

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.

True, earlier parents were much less intelligent and they did not keep up with the world news very much. Because of this, we did not get the financial education that we needed from our parents. But now we are familiar with the whole world. We know how countries are surviving and what their discipline is like. So now it is our responsibility to teach our children financial education from home. And the world has now developed in terms of technology that it is definitely possible at home.

I have always believed that the position I was born into does not define me. The position I die into is what defines me.

Actually, it is not that parents are less intelligent in terms of education, because usually parents already expect it in schools so that parents no longer teach financial literacy at home because parents already expect there to be lessons in schools. But in reality financial literacy is not taught in schools around the world.

In my country there are no financial literacy lessons in schools, sometimes I think, what will happen to the government. Is it possible that if financial literacy is taught in schools, the country will potentially go bankrupt. Because the country needs its people to shop and consume?
Therefore, we as a society need to teach financial literacy to children starting from home, and the concept of the Chinese family method needs to be imitated because it prioritizes financial literacy from an early age.

[slapper]

Yes, legacy matters. But confusing inheritance with preparation can be dangerous. Building a business for your kids is fine, but are they being built too? Financial education that starts “when they’re ready” usually never starts. Readiness should be a result of exposure. You don't wait for a kid to "understand math" before handing them numbers. You walk them through it

Strict or loose parenting is surface-level. The real variable is coherence. Do your actions teach resilience, critical thinking, delayed gratification? Because in a collapsing attention economy, those are worth more than any trust fund. Want your kid to thrive? Then don’t just hand them the keys to an empire. Make sure they know how to build when the system resets. Because it will

Indeed, in terms of educating children financially, there must be a good time, when we have to choose the right time so that children will listen to the advice we give, at least it takes a gradual time for children to understand, which of course by continuing to guide so that there is readiness in the child without any readiness, of course it will be in vain when applied, but everything will bear fruit depending on the environment that can also influence.

environment plays a huge role. But let’s not romanticize “waiting for readiness” too much. Kids don’t magically become ready; they become conditioned by what surrounds them. If we over-prioritize “waiting for the right moment,” we outsource too much responsibility to timing and ignore our own behavioral modeling

The better strategy is to design micro-lessons into everyday life. They watch how you react to bills, spending, giving, saving. That’s education already happening. The danger is not in starting too early. It’s in missing the silent moments when they were listening but we weren’t teaching

[Mahanton]

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's why it's considered a privilege for a child to learn the tools and skills to manage a budget, no matter how small. These methods are supposed to be learned theoretically in the early years of school, and then learned practically by observing family members (parents and siblings) and performing tasks using small amounts.

Indeed. Teaching them at their young age may not be appreciated by them for now, but when they grow old, they will know how to value such a thing. That is why I don't make my kids' lives too easy. I give them enough money only for their basic needs. It's up to them if they will save some or not. Guiding our kids is not just making them suffer difficulties, but it is a way of helping them to become responsible in the future. They may not understand it, but soon they realized how important it was.

You shouldn't make the task difficult for you as parents and for your child as well, in a way that might deprive him of enjoying the best times of his life (childhood without responsibilities). Your role as a parent is to teach your child to take some responsibility, not to force it on him. Your idea of ​​motivating the child to save from his daily poketmoney is very good, and I am sure that you will see positive results in the short term. In other words, you don't have to wait for him to grow up to see the results of your support. I encourage you to continue your support and you will see the results happen in front of your eyes like magic. Don't forget to make the mother aware of this as well, so that the task becomes a shared responsibility.

There are many rich poor who want the success of their child but company matters a lot because every person consume good and bad things from society and if they will spend more time with financially educated people then they will be more successful in life ans also execution matters a lot because you can face challenges in life. There are point of view about rich and poor person and every person has different perspective.Parents want big position of their child because child need money to survive but they should start work at early age and should be independent before 18 age then our country will grow more . Because new entrepreneurs will take advantage from the market.

Your suggestion regarding financial independence for children before the age of 18 does not seem practical and cannot be realistic according to the laws and regulations adopted in each country. Financial independence means having a steady source of income, whether through employment or self-employment. I do not see any other way to achieve financial independence without work. Therefore, your proposal is either to employ children and encourage them to enter the labor market at a relatively early age, which is considered a violation of the law and subject to criminal penalties, or you are proposing to change the laws that prohibit child labor, which is an even more destructive proposal than the first one.

Child labor is that totally that being prohibited or part of the law considering that there's a specific age on when a certain person would be entering on having a job on which at the moment that youth or kids will be that having that kind of engagement then it will be that a different story. Financial independence wont be that pertaining about being shackled with day job but since we dont have that choice then this is where we do able to get that career path at the moment that we do finish up studies or finishing our college. Speaking about financial education then it will be that starting up on home, it might not be that in depth teaching since its just that our parents will be giving out the basics but still that better if us parents will be teaching not only on behavioral aspect but also when it comes to financial management or related things. Although each parent will be that different when it comes on handling up their kids when it comes into this aspect. So it will be that depending basing up into each family but there are still those kids that despite of being taught by their parents but ended up on having that failure when it comes into this aspect, but it is that still much better that us parents will be giving them out on what are the best teachings on which we can be able to told into our kids. So it will be that up to them whether they will be making use of those learnings into their future lives and experiences basing up on what they have learned from home. Even though this isnt complete then this is where going to school will be patching up all the possible needs that they do need up to learn. It will be that up to them on how they would be making use of those learnings that they would be applying into the challenges in life on whats ahead.

[o48o]

-cut-
In my country there are no financial literacy lessons in schools, sometimes I think, what will happen to the government. Is it possible that if financial literacy is taught in schools, the country will potentially go bankrupt. Because the country needs its people to shop and consume?
Therefore, we as a society need to teach financial literacy to children starting from home, and the concept of the Chinese family method needs to be imitated because it prioritizes financial literacy from an early age.

Ok, there are some issues here. I think you are mistaking only crypto holders being those who are investing. Because only with cryptos, it makes sense to hodl it. Even with stocks you might get dividends that you can spend.

People who are financially more responsible don't necessary spend less. In fact they could actually afford to spend more, because money makes money, so they can save up to something bigger. Instead of using that money to pay some high interest of flash loans etc, that they got from being financially irresponsible (not the only reason for flash loans, but you catch my drift).

[Cpt_reader]

Financial education really starts at home. Our children should be taught financial habits from home. We know the story of the English princess going to the market, one day after her money ran out, she wanted to buy one more thing but due to lack of money, she could not buy it, although the shopkeepers wanted to give her the balance, but she did not take it, and said I do not have money. In fact, she learned financial habits from home and she was given a certain amount of pocket money, even if the money ran out, she was not given more money that month. We should also teach our children in such a way that they do not get into any complications when they grow up.

From the story you told, I only caught a child who was only given money, not a child who was taught about how to earn money and also about how to maintain and manage money well. So you only told about a spoiled child because he was only given money to spend on his shopping and that cannot be taken as a reference because in every country there are various ways of life that are so different that every child will definitely not feel something that is almost similar to what is in your story.

It is true that she was taught to spend only a certain amount of money. You see, many of us spend it all as soon as we get money, without thinking about how the next few days will go. That child was taught that she would have to live on a certain amount of money for the whole month. If that certain amount of money ran out in 15 days, then she would not be given any more money. Then she would naturally spend the money in a way that would make the whole month go well. Wouldn't she be able to learn the use of economics in this way?

[coupable]

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's why it's considered a privilege for a child to learn the tools and skills to manage a budget, no matter how small. These methods are supposed to be learned theoretically in the early years of school, and then learned practically by observing family members (parents and siblings) and performing tasks using small amounts.

Indeed. Teaching them at their young age may not be appreciated by them for now, but when they grow old, they will know how to value such a thing. That is why I don't make my kids' lives too easy. I give them enough money only for their basic needs. It's up to them if they will save some or not. Guiding our kids is not just making them suffer difficulties, but it is a way of helping them to become responsible in the future. They may not understand it, but soon they realized how important it was.

You shouldn't make the task difficult for you as parents and for your child as well, in a way that might deprive him of enjoying the best times of his life (childhood without responsibilities). Your role as a parent is to teach your child to take some responsibility, not to force it on him. Your idea of ​​motivating the child to save from his daily poketmoney is very good, and I am sure that you will see positive results in the short term. In other words, you don't have to wait for him to grow up to see the results of your support. I encourage you to continue your support and you will see the results happen in front of your eyes like magic. Don't forget to make the mother aware of this as well, so that the task becomes a shared responsibility.

There are many rich poor who want the success of their child but company matters a lot because every person consume good and bad things from society and if they will spend more time with financially educated people then they will be more successful in life ans also execution matters a lot because you can face challenges in life. There are point of view about rich and poor person and every person has different perspective.Parents want big position of their child because child need money to survive but they should start work at early age and should be independent before 18 age then our country will grow more . Because new entrepreneurs will take advantage from the market.

Your suggestion regarding financial independence for children before the age of 18 does not seem practical and cannot be realistic according to the laws and regulations adopted in each country. Financial independence means having a steady source of income, whether through employment or self-employment. I do not see any other way to achieve financial independence without work. Therefore, your proposal is either to employ children and encourage them to enter the labor market at a relatively early age, which is considered a violation of the law and subject to criminal penalties, or you are proposing to change the laws that prohibit child labor, which is an even more destructive proposal than the first one.

Child labor is that totally that being prohibited or part of the law considering that there's a specific age on when a certain person would be entering on having a job on which at the moment that youth or kids will be that having that kind of engagement then it will be that a different story. Financial independence wont be that pertaining about being shackled with day job but since we dont have that choice then this is where we do able to get that career path at the moment that we do finish up studies or finishing our college. Speaking about financial education then it will be that starting up on home, it might not be that in depth teaching since its just that our parents will be giving out the basics but still that better if us parents will be teaching not only on behavioral aspect but also when it comes to financial management or related things. Although each parent will be that different when it comes on handling up their kids when it comes into this aspect. So it will be that depending basing up into each family but there are still those kids that despite of being taught by their parents but ended up on having that failure when it comes into this aspect, but it is that still much better that us parents will be giving them out on what are the best teachings on which we can be able to told into our kids. So it will be that up to them whether they will be making use of those learnings into their future lives and experiences basing up on what they have learned from home. Even though this isnt complete then this is where going to school will be patching up all the possible needs that they do need up to learn. It will be that up to them on how they would be making use of those learnings that they would be applying into the challenges in life on whats ahead.

Sorry, I've read your answer several times and may not have fully understand the exact meaning in what you want to do. In response to my previous quote about children, I emphasize the need to differentiate between encouraging children to be financially independent, which falls under child labor and is illegal under all legislation, including the most authoritarian regimes, and teaching children simple budgeting strategies. These strategies can be shared by families and schools, but I know that these approaches are not yet integrated into educational systems, and parents do not even consider such plans.

[DaNNy001]

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.

China is a highly developed country where it's hard to find people who are jobless, there's always something for everyone to do Because they know the importance of creating businesses...This is because they don't just learn the things they need to pass their exams but they also get the financial education they need to help them become independent..This is one of the reasons why china remains one of the country with the best economy.

[Z_MBFM]

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.

China is a highly developed country where it's hard to find people who are jobless, there's always something for everyone to do Because they know the importance of creating businesses...This is because they don't just learn the things they need to pass their exams but they also get the financial education they need to help them become independent..This is one of the reasons why china remains one of the countries with the best economy.

The biggest reason for the increase in unemployment rate in a country is the low rate of entrepreneurship in that country. And the reason for this is the bad education system. If I want to talk about my country, then the education system in my country is very bad due to which no one dares to become an entrepreneur here and cannot learn practical work. And because of not knowing any practical work, they have to sit at home as unemployed with only a certificate. If you think about China, then China is a country where from childhood they are taught how to create new things and how they can become entrepreneurs. If a person is an entrepreneur, he can create employment for thousands of people. But if everyone is only chasing jobs, where will they find a place to work. This is the big reason for the increase in unemployment rate in a country.

[Hispo]

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?

I agree, actually. One of the first things my parents did when I was a child was to teach me the importance of saving money and the importance of investing, they get a little bit out their way for me to get and understand what saving was and what investing was. They gave my first money pig when I was still like four years old and told me to fill it up with some little money each time they gave me some coins or bill of small denomination.
Now I am an adult I have learnt to control my finances in a better way and keep money saved and invested, and I must say cryptocurrency has helped me much as an instrument for me to diversify and get some returns in the long term.

I will never be able to thank my parents enough for teaching about finances as a grew up and also explain to me what Ponzi schemes were and such.

[Orange89]

Even though we know they are not adult but that does not mean we won't start to see the result so start early because more early more benefit I believe and be consistent with model behaviour and yes Financial freedom does not start from the bank or school but it starts at our home watching our parents
Teaching financial literacy to the childrens at home is just not  about the budgets or saving I believe It's like developing a mindset. Kids see everything, about how we all handling our money, how we all weigh with our needs vs. with our wants and I think based on these the get an idea for their future.

But the harsh reality Schools may teach students theoretical principles but it's only for developing habitual behaviour around financial intelligence in the home repeatedly that allows our kid the opportunity to learn & apply them.

 I think we can give them a nominal allowance so they can use the money however they like but explaining the benefit of inflation on investing Or explaining them about household finances in a way that is very much like an practical ways I think all of these will definitely help kid in the long run I mean pratical way

Remeber saying that the goal is not to turn our Child into an investor overnight but to make sure that they will receive some limited financial literacy
so they can learn from making good decisions.

[summonerrk]

I have a friend who works as a school teacher and he is always indignant at how parents like to shift responsibility for their children onto teachers. And I know that these are not just words but facts, which I myself have often encountered when picking up my sister from school and listening to what parents of children say about teachers. They believe that a teacher should not only give children material, but also constantly moralize them, making them morally correct individuals.
But what kind of nonsense is this? A teacher is not a psychologist for a class of 30 people, he cannot control them all. And each parent knows their child better than any teacher, and has a strong influence.

[G_Besar]

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.

China is a highly developed country where it's hard to find people who are jobless, there's always something for everyone to do Because they know the importance of creating businesses...This is because they don't just learn the things they need to pass their exams but they also get the financial education they need to help them become independent..This is one of the reasons why china remains one of the country with the best economy.

Small things can make big changes that is what is seen in China today, if we look at how disciplined the people in China have a big impact on a country and it starts from a small environment, namely the family, for example, a family that enforces discipline for children and also financial education from an early age so that positive things will continue from generation to generation.

I think we can't deny that financial education starts from home, parents become the first teachers for all children from an early age regardless of whether it is good or bad but basically it will stick to someone but the bad things about someone will change when they are adults later when they understand what is good and what is bad.