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Scraped on 15/04/2025, 10:36:05 UTC
Talking about teaching financial intelligence to children, what do you think is the best practice to enforce this as a parent,
Scenario 2
Not giving them enough money, so they can work for their own money.
For me I will chose scenario 2, not giving them enough money , sothat they can work for their self. Why I chose the number 2 is because a person that start 8hishis or her journey without help always bear it in mind that in business you are on your own. Which means that when dealing with business son hope on anyone to assist you if you fall, and this will encourage the person to strive to make success without depending on anyone. In the other hand a person who is tested or given money to start up a business without passing through the school of self decipline may succeed from the beginning and thinks that he/she is smart or  everything is ok until he or she begins to face loses.
Original archived Re: Which strategy is better?
Scraped on 15/04/2025, 10:30:49 UTC
Talking about teaching financial intelligence to children, what do you think is the best practice to enforce this as a parent,
Scenario 2
Not giving them enough money, so they can work for their own money.
For me I will chose scenario 2, not giving them enough money , sothat they can work for their self. Why I chose the number 2 is because a person that start 8his or her journey without help always bear it in mind that in business you are on your own. Which means that when dealing with business son hope on anyone to assist you if you fall, and this will encourage the person to strive to make success without depending on anyone. In the other hand a person who is tested or given money to start up a business without passing through the school of self decipline may succeed from the beginning and thinks that he/she is smart or  everything is ok until he or she begins to face loses.