Yeah, totally agree. Kids pick up a lot just by watching their parents. If they see good money habits, they’re way more likely to do the same.
And the parents need to grow them with guidance with how to handle money properly.
It's a fact that financial education really starts with how the parents engage with their children and show them on how to take care with hard earned money.
Because if they're going to spoil them a lot, that's not fine but with some spoiling it's totally fine IMO but with limits still.
Even rich people had been strict with their spending habits because they wanted to teach and make their children feel that money is not easy to get.
A good education and proper teaching help our kids not just learn how to spend wisely, but also for them grow, not just have an easy life. Because in the case they will be alone and away from their parents, they will know what they should have to do.
I don't know why some parents don't take this seriously. In fact, they treat their kids like babies.