Post
Topic
Board Economics
Re: Early exposure of children to wealth and investments
by
MarjorieZimmermanGinger
on 21/03/2024, 15:15:22 UTC
Of course everyone will teach their children the importance of preparing for their future in order to be able to live their lives well and if their children are used to living in luxury, of course they have to teach them to be able to live independently so that when they face the world of work they must be ready to do anything. which is indeed their responsibility, because of their habits of living a luxurious life, of course they will not be ready for the world of work which gives them responsibilities and cannot complete their work well.

It's not a good thing if parents force their children to grow faster and it would be better to give their children the freedom to be able to choose their pleasures first and when they are adults, then tell them about investments so they can prepare for their future.
Children's ages in terms of responsibility vary and parents must recognize this first if they want to teach investing to their children. It is natural for parents to teach their children how to earn money so that when the child grows up and has responsibilities with his family, he can adapt more quickly to earning money. Every parent does have a responsibility to direct their children to be better prepared to live life, but parents do not need to force their wishes so that their children can follow in their footsteps.

If we're honest, our parents never introduced us to investing or trading, but there was always a way for us to get involved. And vice versa for our children because I'm sure one day they will find their own way to earn money. Although we see great potential in bitcoin and I would rather advise them to learn to know it themselves so they can be more responsible when making investments.