Quote from: Minor Miner on Today at 01:41:27 PM

Quote from: SamReomo on August 05, 2024, 07:36:11 PM

Quote from: MarissaLopez on August 02, 2024, 09:18:09 AM

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 believe it's going to be very helpful to give proper financial knowledge to your children but don't force them in anyway if they aren't interested.

It's better to go for that financial literacy boot camp route when you want your children to learn something new and valuable about finances. However, I guess for that a child should be at least 10 years or older.

I know that kids who are aged below 10 could also learn something about finance but I guess it's better to give them other education first and then financial education.

For teenagers who are still dependent on their families and still don't know how to make money, attending a financial boot camp will only increase their pressure. For 10 year old children, we just need to teach them how to save, the value of money...and can teach them those things through daily conversations. I think that would be better than throwing us into training camp and thinking that would be good for them.

The role of finance is extremely important, if not the most important, for an adult because everything in this society is measured in money. But for young children, they need more knowledge than just focusing on finances and we need to ensure they have a beautiful childhood.

Attending a financial boot camp may boost early financial knowledge for young minds but I don’t think it’s a necessary one. They can definitely learn proper management of finances from their parents at home, and teach the kids on simple saving and spending only on important matters and disregard the unnecessary ones.