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?
I agree that children very often copy their parents, the wasteful lifestyle of children can be copied by their children, but this is sometimes aggravated when children spend a lot but do not earn, and when they begin to live separately from their parents, this problem is significantly aggravated, because they need to work, income is small and expenses are large.
Or cases where savings are manifested to a large extent are also noticeable, and this has an effect on children. I do not know how to find some kind of golden mean, you need to explain to children that they need to strive for an increase in their income and smart money management, you need to teach what we can do and children will add from themselves what they find comfortable for them.