yes that's right, financial education must start from home, I didn't get that from my parents but I have to do that to my child, seeing how Chinese people educate their children to be very disciplined in finance in my environment and most of my Chinese colleagues also say the same, skills in managing finances and turning money over since childhood become a very big capital in making financial decisions in adulthood, I totally agree with this.
Some people are not lucky enough to get it from their parent, I didn’t get any form of financial from my parent as well but I think some people can actually inherit that from their parents not actually any financial advice or information but their natural financial management (being a lavish spender or calculative spender) can be inherited.
It is very helpful to educate children about financial discipline and any other skill you want them to possess at a very young age because that is when they are able to learn things easily. I know a lot of things I couldn’t get with my parents which is why I will make sure my children gets to know them at a very early stage. This are little things we underestimate but are very useful at certain stages of their lives.
I am also one of those who did not have that facility since childhood but it does not mean that we have to stay the same as our parents, we certainly need to have the will to learn even though slowly and slowly from what we can get every day from books or from friends who have a way of thinking about money much better than what our parents give us, likewise that we do not want to make our children experience the same thing and we want to improve our children to be better than we were in their childhood by gaining knowledge and understanding that is much better both in terms of financial literacy, social, principled in life and other manners as provisions for a much better future.