It is true that not every kid could understand the concept at the same age, while you can teach one at 7 years old and would understand, the other may not still understand at 14, it depends on their interest. Don't get me wrong, I am not saying anyone who doesn't understand it at the age of 7 could be stupid, far from the truth, people who are 7 year old are just kids, and you need to be a lot more careful about what you are wishing for if you want them to understand it, if they have an interest on it then they would ,but maybe that kid would not understand anything about art at all, until they are in their 20's, or they do not get anything about something else, basically it is not about how smart you are, it's about how interested the kid is.
We can direct them to become more mature in terms of finances, but that will not necessarily be a reason for them to follow our way of earning money. Every child has differences in understanding problems and maybe ages can vary, when parents don't understand the child, it doesn't actually become a solution but instead the child becomes more stressed by what they are taught. We can direct our children according to our wishes, but we give them the freedom to choose, there is no parent who doesn't want to see their child succeed financially, but not everyone has the same path.
Provide an understanding of investing and let them understand it in a way so that when they are interested they will be much more enthusiastic about learning about it. I was taught to work in the government but it didn't make me get that job, and vice versa with several other children. Parents should not pressure them but are required to direct their children to be better prepared to face life as adults.
Financial advice for kids. This isn't about creating mini-us. It equips children to negotiate their financial world, which will be very different from ours. We need to encourage adaptation, problem-solving, and resilient thinking, not just obedience
The pressure-guidance debate? Real. Fear-based judgments result from pressure. Guidance? Showing them the options builds their confidence to choose. We must remember that individual journey is unique
Mental and emotional engagement is key. Give students critical thinking skills, not just facts. Grow your curiosity about the unknown. Raised for a 9-to-5? No problem. They may construct an empire or live off-grid. Opening doors is our role, not forcing people through one. Move past bank balances. I want fire in their eyes. Purpose. An want to live their own way financially and otherwise. THAT'S the legacy and win