Over the years,and now the percentage for education have increased massively and it is being taught in school mostly but the subject or topic FINANCIAL EDUCATION and how to go about it is muted.Why?? And I believe strongly that most rich have been able to bring up the topic at home and they expose it while they are on a round Table..
We are in a fast paced Global world now that everything is changing rapidly,regardless financial education should be introduced as a topic or a knowledge to be empowered to the children while growing up.Like me.now,as a woman while bringing up kids..I'll make sure I give them the basic highlights of the knowledge on Financial education to my kids in order to groom their mindsets and everything so they will get the knowledge on how to tackle issues relating to that.
With this it will inculcate a nurtured desire and also financial stability and build them to be financially inclined from tender age.and I advice it should be utilised and implemented.
You don't even need to do this as if you are teaching the kids economics. The best way for this is for parents to teach their children to have the habit on expending wisely and not on irrelevant things. If children can be able to use money on things that are important they wo/ have problems on how to manage money , make savings when they grow up . Teaching children how to be discipline with money at Early stage will help them a lot as they start making their own money.
Parents are discipline in the way money is being spent and if parents have the habit of saving money, it is not necessary to start giving the children financial education, they will definitely learn from the life style of their parents how money is managed.