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.
It's quite obvious that the scenario 2 is the best for a child to grow in a right way, and understand that money is not that easy to get. Because once you train up your children by giving them money everytime it would going to be very hard for them to have a self control whenever they are being given a huge amount of money, due to the fact that it have became a habits to them. However, unless is those types that understand the value of money, and even though they are just few.