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.
This idea could help the next generation, a lot of us have gone to college and graduated,all we learnt was dy/dx, we were not taught how to make money which is the most important aspect of life.. it's very funny that even those that studied business related courses in school don't even know it takes to start a business.. exposing kids to entrepreneurship skills and other things that can equip them financially at a young age is going to be very helpful to them, many of us were not given this opportunity, learning a high value skill at a young age will definitely make anyone stand out and be exceptional, I think this is a good idea
I agree to this entirely, teaching children especially the young ones financial education is of great importance to oneself and the society at large, having read the book rich Dad poor dad,it's an eye opener that one should engage their kids in such financial literacy.
Over the years we've been adopting the old policy of going to school and learning managerial skills and all that why not we adopt this now and see how it unfolds and I bet it'll turn out Great.
You can choose to educate them in whatsoever way,like engaging them in a conversation of sort usually during eating at the round table just like it was illustrated in the rich Dad poor dad,that way your inculcating them the mindset and by taking it further you can choose to engage them in more lessons, tutorials and boot camp just as OP said.
I think if we adopt this system the upcoming generation and Young ones will do alot better with our lapses.