Can we establish that financial intelligence is not a genetic trait, but an acquired trait, and by that, just as charity begins at home, financial education also begins at home.
Children who grow up in an environment where their parents practice strong financial discipline and it is very evident because of how it has created a balanced growing environment for them where they never lacked nothing but at the same time never wasted anything, will grow up to become children who will also show signs of strong financial intelligence. Do you agree?
Your words are true but in some cases it is not true because we have seen many children of rich men that turnout not to be in the same shoe as their parents, in fact, some of them even lavish all their parents investment to bankrupt them to start from scratch again.
Some children whom their parents are financial experts do become financial experts as their parents because they inherited it from their parents and they have good practice from them and the parents might have given them some part of their business to be managing just to gain experience.
Many financial experts to end up been taken over by their children which means they have good financial background from their parents which is the best way to have the basic financial knowledge before going further to learn from school and any other platform.