Post
Topic
Board Economics
Re: Financial Literacy for kids
by
fuguebtc
on 07/08/2024, 10:12:53 UTC
So if this type of scenario will be applied at home, I guess this financial boot camp is never necessary at all. Yes, it can actually help but still the most powerful and big help are coming from the people around that surrounded the children most of the time.
I believe financial boot camp is still somehow needed because in some families even parents and siblings aren't enough knowledgeable about financial matters and in such cases it will be quite valuable for teenagers to join such boot camp.

I know that basic financial education is always thought by ones parents or siblings but when it comes to deep understanding of it then a teen should get encouraged to join a boot camp or these days it can be learnt by watching some good courses that are available. One can learn financial knowledge from home these days but still some guidance is needed.

Studying at home or going to training camp is the choice of each parent, if they can directly teach their children, it is much better than sending them to a training camp. But as you said, many parents lack financial knowledge so choosing a training center or boot camp would be the solution.

I just see the issue we need to worry about is what age is appropriate for children to start learning financial knowledge. I support this idea, but I don't think that teaching finance as early as possible is better for them. At different ages, our brains have different limits and that is why the Ministry of Education has researched to come up with appropriate educational programs for each age group. So I want to know what age people think is the right age to start with financial literacy?