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.
As parents, we have our own ways of educating our children about money. or finances. I will educate my child about the value of money in human life and I will also teach
him how to survive in this world.
When we teach them how to manage money correctly, it is a good start so that at an early age they will immediately know the importance
of money for survivors like us in this world.