Post
Topic
Board Economics
Re: Financial Literacy for kids
by
Minor Miner
on 09/08/2024, 03:22:42 UTC

<>
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. Parents are the role models for their children at home, so if they want the kids to learn the value of money, parents should start demonstrating it at home while these children are keenly observing them.

One thing I see nowadays is that many parents tend to impose their thoughts on their children, they want their children to become the best and thereby force them to learn too many things for their age. And what's worse is that they don't take the time to communicate with their children and teach them in a friendly way. Instead, they throw them into environments like training camps, centers...I see many parents putting a lot of pressure on their children. 

A year ago, in my country, there was an incident that shocked the whole country when a 14-year-old male student wrote a letter to his parents before committing suicide. In the letter, he said that his parents forced him to study too much and always imposed their thoughts on him, not giving him any freedom or autonomy. That made his life unlike human life and he had to choose suicide to free himself.

Many selfish parents only think about their own feelings without thinking or asking what their children want and need at that age.