Financial literacy has been on a wide range of effectiveness to the society at large and it's impact on our kids at a tender age will make it more suitable and beneficial to them and the society, having kids with a 100% prospect on finance will go along way of reducing financial instability and let them understand and manage personal finances effectively, making informed decisions about earning, saving, investing, and spending money.
And how do we execute that it's at this early stage of their lives ranging from 7 and above.
Have been wanting to share this thought with everyone cause I think it'll be of greater achievement and benefits to us All and I think registering them for a financial literacy booth camp is the key, beginning from this holiday.
Alot of parents are not slacking on this cause they demand the best and definitely in the aspect of finance it should be put into better consideration and working body just as it'll make a better impacts on our kids in the long run.
Indulging a child in a financial literacy boot camp can be highly effective in teaching them valuable money management skills and setting them up for long-term financial success that will make them develop good habits and good relationship with money and again Developing good financial habits and knowledge early on can lead to better financial outcomes and a more secure future.
So by investing time and resources in a financial literacy boot camp, you'll be giving your child a valuable head start on their financial journey.
I think this is some of the instances where "start them young" isn't gonna work as you think it would. Like of course it's great to teach kids how money and finance works while their brains are developing but as time goes by, it's much more important and urgent to teach stuff like this when they finally feel the gravity of just how important money is on a large scale. Kids wouldn't have a single clue of just how important money is, most of them wouldn't even understand how money is made and why it holds value, better to teach things like this to them when they are more ready to receive such knowledge so to speak.
Again, don't think it's inherently wrong but at the end of the day we're all for making sure the kids learn in the best way possible, especially for stuff like this, and what better way than to make sure they are able to absorb the knowledge, right?