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.
In my opinion, there is nothing wrong with parents practicing both for their children since they must be taking care of their children. However, we should not use the first example of spoiling them with money because there are other ways to raise your child with money which will fail to educate them on how to manage money, because some children are raised in a partying lifestyle, spending money on useless expensive stuff, we should not raise them in that way.
However, other parents claim that they will not give their money to their children since it can cause them to live a bad life, while some claim their parents did not give them money when they were young, they would not do the same. I was not raised in a rich home, but that does not mean I should do the same thing as my parents, no parent wants their children to suffer, the two scenarios are not bad, but there should be some limits.