Talking about teaching financial intelligence to children, what do you think is the best practice to enforce this as a parent,
Scenario 1
Giving them enough money at a young age to see how well they will manage it.
Scenario 2
Not giving them enough money, so they can work for their own money.
Put these conditions in mind,
In the first scenario, it is a close condition where the parent intends to teach the child early how to manage money, and in the second scenario, the parent wants the child to learn from their own experience.
Giving a sense of responsibility is very important, so that when they are trusted to hold money or not they will know what they have to do, because talking about money is up and down in this life, so instill a high sense of responsibility to make them have an open mind when they do not have money what they have to do and when they have money they will use it very wisely for their future.