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Quote from: coupable on April 29, 2025, 06:39:15 PM

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Quote from: coupable on April 26, 2025, 07:06:43 PM

Quote from: fruktik on April 21, 2025, 11:25:47 AM

As a child, no one explained to me how to properly deal with the income that came in. That you should not spend it all within a certain period of time. You should put aside some part or, better yet, invest this money.

That's why it's considered a privilege for a child to learn the tools and skills to manage a budget, no matter how small. These methods are supposed to be learned theoretically in the early years of school, and then learned practically by observing family members (parents and siblings) and performing tasks using small amounts.

Indeed. Teaching them at their young age may not be appreciated by them for now, but when they grow old, they will know how to value such a thing. That is why I don't make my kids' lives too easy. I give them enough money only for their basic needs. It's up to them if they will save some or not. Guiding our kids is not just making them suffer difficulties, but it is a way of helping them to become responsible in the future. They may not understand it, but soon they realized how important it was.

You shouldn't make the task difficult for you as parents and for your child as well, in a way that might deprive him of enjoying the best times of his life (childhood without responsibilities). Your role as a parent is to teach your child to take some responsibility, not to force it on him. Your idea of motivating the child to save from his daily poketmoney is very good, and I am sure that you will see positive results in the short term. In other words, you don't have to wait for him to grow up to see the results of your support. I encourage you to continue your support and you will see the results happen in front of your eyes like magic. Don't forget to make the mother aware of this as well, so that the task becomes a shared responsibility.

There are many rich poor who want the success of their child but company matters a lot because every person consume good and bad things from society and if they will spend more time with financially educated people then they will be more successful in life ans also execution matters a lot because you can face challenges in life. There are point of view about rich and poor person and every person has different perspective.Parents want big position of their child because child need money to survive but they should start work at early age and should be independent before 18 age then our country will grow more . Because new entrepreneurs will take advantage from the market.

There's no parent that would be wanting for their kids to be struggling in terms of financial aspects and this is why we do thrive and doing our very best on establishing and making our current business to become bigger, not only just that we can give out the good life that they do deserve but rather having something on which they could inherit at the time that you do pass away. We parents had nothing to wish for other than on having our kids to have a progressive and successful life. Each parent will be having their own ways on how they will be handling or teaching up their kids on which there are those who are strict on implementing and there are ones who are just that too loose. Speaking about Financial education then this is something that starts or begins from home but with those just simply basic principles on how its being handled or managed out but of course it will be still basing up on the age of your kids because if they cant be able to understand because they arent matured enough then it will be that pointless on doing so. Therefore, as a parent then you should be that watchful on whats happening or the current condition whether its already the right time to make out such lessons into their kids or will be waiting up for the right time to come through.