I would oppose the idea of children as young as 7 years old taking finance courses or financial bootcamps like your idea. In my country, 7-year-old children have not yet finished first grade. Is it too much to force a child who has not yet mastered basic addition, subtraction, multiplication, and division to know about finances? Why can't we give them a beautiful childhood? And what will ensure that forcing children to learn about finances early will help them become rich people later?
I am not against the idea of teaching finance to children, but I think it is not necessary to teach it too early when children have not even finished first grade.
Having a financial boot camp is actually a good idea but only to those who are ready enough to absorb all the ideas and information. If we are dealing here with a child below than 7-year old, that would never work for him. Instead, giving him the freedom to do what he want and guide him all the way, that would mean a lot to him and discover new things on his own, but not in the aspect of finances because children at that age will never be interested in that kind of topic.
Financial literacy is a must, but it should only be introduced to those kids who can understand already the value of money, and not on kids that their life is only focused on playing games.
Yes, that's right. Financial literacy in children from an early age has indeed become a must, because it is important for someone to have the ability to organize and manage finances, so that they are able to make wise decisions in their lives in the future. Therefore, financial literacy skills are not only important for us as parents, but this intelligence also needs to be developed early on in children.
However, at the age of seven, of course this will make it difficult for children to understand heavy material, especially about finance, so it is not right if we force children to understand what they should not understand, let alone provide financial literacy training, so let them enjoy their childhood first. However, the basics of financial literacy must still be introduced as early as possible even though they are still seven years old so that this can make them accustomed to a good culture. the basics of financial literacy that must be taught such as introducing the meaning of money to children, telling them the benefits of saving habits, to teaching them to prioritize needs over wants.