Post
Topic
Board Economics
Merits 1 from 1 user
Re: Early exposure of children to wealth and investments
by
Pi-network314159
on 21/03/2024, 08:25:24 UTC
⭐ Merited by fillippone (1)
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.
Yea that is true and most expecially in Africa I don't think the white does that. Most parent deprive there children of there right and access to what they have simply because they are afraid of exposing there children to early financial system. Not knowing that introducing a child into early financial system is good, but only need guidance to control the level at which they spend. I could remember vididly when I was working with a truck driver, my parents told my boss not to teach me the truck simply because if I start seeing money from the truck I will no further my education. Could you emagine that! That is not a good way of upbringing I still went to school and still learn the truck. The only difference is that they delayed me.

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.
That is the worst of all. Right now somebody is somewhere struggling to find his parent property which was done secretly. There is no point hiding important information as that from your children. They are your subsidiary, and if you leave this world they will be the one to take control of the access. Wether you like it or not they must otherwise people whom are not from your lineage will enjoy the fruit of your labour while your children suffer for it. So let us be wise in how we treat such issues.