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Topic: Early exposure of children to wealth and investments (Read 1228 times)

sr. member
Activity: 1358
Merit: 326
Eloncoin.org - Mars, here we come!
Some people believe that it is important to tell their children about their wealth and investment as early as possible, so that the children can understand the value of money and investment, and they can learn how to manage money and resources well. This kind of exposure can help the children to understand how their family acquired their wealth and why it is important to manage it wisely.

So, if their family has a culture that they practice when it comes to wealth and money, that can help them to guide their decision about how much information to share with their children. It is also important to remember that children do not stay young forever

Parents should share their earning strategies with their children because a child will not always depends on their parents wealth and if a children learn well early about earning then they don't see any difficulties in future and their mind is prepared for making their financial system better.

Children when they are in early age should be involved in online earning so they will become familiar with the earning technologies and they will know better that how their parents are earning through their hardwork.
If we don't teach them about earning and give them ready-made things and comfortable life without leaving them to earn through utilising their power then they will become lazy and doing job will become hard for them when they get older and their parents cannot support them.
hero member
Activity: 910
Merit: 789

at least expose those kids to money and tell them this is how you make money or something like that because their fathers are their heroes. they will look at what parents are doing. kids look up to their parents and follow their steps.

you may not teach them for now how to invest but when they see you are in front of the computer and know that you are working, they will understand its how you make money.
I also think like that because people who easily imitate someone's behavior are our own children and I see that very often in life. So it wouldn't be wrong for us to show our own children how to earn money when they are old enough to understand how to earn money and use it in life. Because there is a time for a child to receive certain teachings from his own father in terms of working and earning money and guiding him to achieve good success in his life even though his life path will not always be the same as the one we are living now.
legendary
Activity: 2296
Merit: 1176
As for me, kids learning at an early stage about investing is a good one. It is going to teach them how to be wiser with money and the rest about getting rich, they'll discover that at their right ages.

Or it might turn kid into unhappy kid if all he is thinking about and spending money on is investing. Other kids buy toys and sweets, but this kids only invest and envy other kids. And what would little kid invest into? Someone told him that "this new toy will be cool in 10 years, or this game will be in hot sales" and he will invest all money in that. Kids trust everything. How can they do a serious research at that age? You will say with a help of a parent. But it will turn into parent doing all the work, but the kid only gives money. This isnt learning and investing, this is giving/borrowing money to a parent for certain time.

It is good that they know what investing is and what he might achieve with that. But forcing to do that or insisting that "if he would not do that as early as possible, then he would never be rich" is wrong. Parents would better put more effort on motivating kids to study more at school or university.
Well, that's what you think about kid learning investing too early which is also possible. But this modern day is different. More kids want to learn something new and they've got more source of information nowadays.

I don't know, but I would not disagree to what you're saying because that's your opinion and it's possible to have those kids with that mindset.

But I wouldn't explain further about a kid learning about investing on their very young age but it's beautiful that we do have different thoughts about it.

I would like to comment following. I have never seen modern kids going to their parents and asking to teach them how to earn money. I have only seen kids saying I want money. But when they are offered to earn (from working or from investing, does not matter), they quickly drop any interest to that. From my age, everyone who is younger than 18 is still a kid, but I havent seen for example 10 years old kids wanting to learn something. I have only seen 16-18 years old kids that wanted to know, to learn, to try, to find out something. At this age, its is acceptable to teach them how to invest. In fact they probably study investing at school already. But a young kids, a way to busy «doing nothing».
legendary
Activity: 2002
Merit: 1072
Leading Crypto Sports Betting & Casino Platform
I am a prime example of how raising your children and staring them on everything possible as early as possible is life changing.  My father was an extremely successful guy who was very investment savvy.  I remember being 7-8 years old seeing him sit at his computer placing stock trades.  I remember him teaching me, and it just being so damn confusing and I'll never forget saying "I'll never understand this stuff, it's so interesting and cool but man, I can't wrap my brain around it".  Well now it's what I do for a living, teach people about investing, as a financial advisor.  I take great pride in being an ethical advisor and doing things the right way.  I have my father to thank, I just wish he'd have been around to see it.  So heck yes, there's absolutely nothing wrong with teaching them at age 1!  I kid, but seriously.  My favorite legendary hacktavist's father use to play educational tapes for him when he was a baby in the crib.  His mother thought he was nuts.  The guy become a genius programmer, and Mr Robot the tv show in part is based off of him.  It's never to early for those of you parents in this thread.  Of course don't shove it down their throats, but introduce all sorts of stuff to them.  It will pay off.
First of all, glad to know that your father took a good step and made you successful. It is said that a child's mind is like a new book on which whatever you write will be written clearly. I believe that many things children can learn through love, they cannot learn through anger or pressure. If children are started to be told about money and its importance from the very beginning, interest will develop in children.

And when we are interested in something, we learn it quickly instead of doing it by force. Parents can never wish harm to their children, parents are the only ones who want to see their children succeed even more than themselves. So definitely, parents do very well to teach their children from the beginning to live and cope with life.
hero member
Activity: 2282
Merit: 560
_""""Duelbits""""_

Is it right to tell your children all the investment you've made even when they're not yet matured enough? If no, At what age should they start knowing about those investment?
It is not a problem if it is only limited to knowledge but it will be something wrong if it is imposed prematurely.
Indeed, when we as parents want to provide the best things for our children so that they can do better things in their future lives because every parent's desire must want better things done by their children in terms of achievement and financial condition and will even be proud if a child is more successful than his parents.

But in the end, the method given must also be in accordance with the age they have so it is important to teach and guide children, especially in investment issues so that at least to be able to invest in the future. children, especially in investment issues so that at least for their future a little guaranteed with more mature thinking about the economy in the end gives hope that our children will know better that economic improvement is important but on the other hand never impose the will that we want to do to the child because that is precisely what makes the situation more difficult because in the end when a child who is not old enough in terms of age is trapped with coercion to be in investment then it will never connect and actually make the child become intimidated so teaching is important but not to impose our will because our children also have their own path in navigating their lives.
hero member
Activity: 2786
Merit: 646
There had been cases when parent invest into project without letting their children know about it and then they suddenly die and it becomes a difficult situation trying to figure those project out and some extended relative might even deny the child access to it.

Is it right to tell your children all the investment you've made even when they're not yet matured enough? If no, At what age should they start knowing about those investment?

When you let your children understand the difference between money working for someone and working for money, they will appreciate you and how do you prove that to them, it's by enrolling them into school investment, not necessary you take them outside, you can give them formal education of wealth right under your roof and as you are teaching them, there should be practical aspect of it going under your management, don't show them what you have invested for them until they become overage.

What you shouldn't do is make sure they don't have access to money too much, your teaching will be worthless if they don't get that guide. By the time they grow up, they will value everything you teach them and continue on that path that you have set for them, every penny that comes their way will go right into investment instead of wasting them on clubs and other things that doesn't matter.
Everything would really be perfect on the right time for it to be told into them on which on the time that you've seen that they are mature enough on hearing up those things from you because if you
would really be trying out to teach too early then it might not really be that ended up on getting absorbed or be learnt off with because they arent really that something interested into it. This is why one of the recognitions that you would really be needing up is to consider and see for yourself whether they are mature enough already or not.

If you have test out but it turns out that he's not really not that interested then dont make yourself that too forceful because it would really be just that creating that kind of problem on which it might
really be that making things more messy rather than on being that organized. So it would be better that you should really be needing to consider on when is the right time.
full member
Activity: 1134
Merit: 154
★Bitvest.io★ Play Plinko or Invest!
Some people believe that it is important to tell their children about their wealth and investment as early as possible, so that the children can understand the value of money and investment, and they can learn how to manage money and resources well. This kind of exposure can help the children to understand how their family acquired their wealth and why it is important to manage it wisely.

So, if their family has a culture that they practice when it comes to wealth and money, that can help them to guide their decision about how much information to share with their children. It is also important to remember that children do not stay young forever
sr. member
Activity: 294
Merit: 267
There had been cases when parent invest into project without letting their children know about it and then they suddenly die and it becomes a difficult situation trying to figure those project out and some extended relative might even deny the child access to it.

Is it right to tell your children all the investment you've made even when they're not yet matured enough? If no, At what age should they start knowing about those investment?

When you let your children understand the difference between money working for someone and working for money, they will appreciate you and how do you prove that to them, it's by enrolling them into school investment, not necessary you take them outside, you can give them formal education of wealth right under your roof and as you are teaching them, there should be practical aspect of it going under your management, don't show them what you have invested for them until they become overage.

What you shouldn't do is make sure they don't have access to money too much, your teaching will be worthless if they don't get that guide. By the time they grow up, they will value everything you teach them and continue on that path that you have set for them, every penny that comes their way will go right into investment instead of wasting them on clubs and other things that doesn't matter.
legendary
Activity: 2086
Merit: 1759
Is it right to tell your children all the investment you've made even when they're not yet matured enough? If no, At what age should they start knowing about those investment?
Maybe you can read a little about the history of the Chinese, how they apply investment to children, in general they have educated their children from elementary to middle school, This means it is estimated that around the age of 6 years to 20 years, ages 6-20 years are still under parental control, they teach children how to invest and so on which are related to their future in their economic life and it is proven that China is one of the countries and economically prosperous communities.

For this reason, we see that the average person thinks about how to invest from an early age, most of them are successful from an economic perspective, What's more, now that Bitcoin is circulating in remote communities, it will be even easier for ordinary people to teach their children to invest in crypto and the internet can now easily be accessed anywhere.
hero member
Activity: 2884
Merit: 620
As for me, kids learning at an early stage about investing is a good one. It is going to teach them how to be wiser with money and the rest about getting rich, they'll discover that at their right ages.

Or it might turn kid into unhappy kid if all he is thinking about and spending money on is investing. Other kids buy toys and sweets, but this kids only invest and envy other kids. And what would little kid invest into? Someone told him that "this new toy will be cool in 10 years, or this game will be in hot sales" and he will invest all money in that. Kids trust everything. How can they do a serious research at that age? You will say with a help of a parent. But it will turn into parent doing all the work, but the kid only gives money. This isnt learning and investing, this is giving/borrowing money to a parent for certain time.

It is good that they know what investing is and what he might achieve with that. But forcing to do that or insisting that "if he would not do that as early as possible, then he would never be rich" is wrong. Parents would better put more effort on motivating kids to study more at school or university.
Well, that's what you think about kid learning investing too early which is also possible. But this modern day is different. More kids want to learn something new and they've got more source of information nowadays.

I don't know, but I would not disagree to what you're saying because that's your opinion and it's possible to have those kids with that mindset.

But I wouldn't explain further about a kid learning about investing on their very young age but it's beautiful that we do have different thoughts about it.
hero member
Activity: 966
Merit: 573
God is great
I think children should be given formal education through which they can easily understand good and bad.  Education will free people from blindness and will surely make a smart life warrior.  Besides formal education they must be taught morals and religious knowledge.
And that's why teaching them about wealth and investments are desirable. They will see the reality of it that many of the rich people have obtained their wealth through investing.

Once this sinks in to the mind of the child, they'll understand that it should be their focus as they grow older and that will help them reach their goals through investing.

But definitely, there should be a start of it and it should lightly taught to them and not get into the whole point as they need to learn slowly.
All these things are good for our children to know about but the most important thing is to know the right time that they are supposed to know about this things. Learning for kids is stage by stage , if they are taught at the wrong time it may not have any good effect on them. Timing is important in the life of children,  I think the best time for children to know all this things is during the adolescents age when they have the ability to think and see the reality of life.

Financial education is one of the lessons that every kids needs to know about because it will build them as they grow to make the right Financial plan  and good financial decision that will help them.
legendary
Activity: 2296
Merit: 1176
It depends on your perspective, if your kid shows interest on it then give them access into learning more about it. Otherwise, just give them some idea on what investing is.

That is no doubtfully is true. If kids show interest to certain things, then parents should pay attention to that and support them. But for me it is totally inacceptable when parents vision on situation is following: "my kids must learn about investment, because if they do it early, they will become rich quicker". Its parents wish to become rich with help of kids, not kids desire to be rich. Kids do want to be rich, but this is just a dream, a fantasy, not their life goal.
That's the thinking of the majority but for me, I've got a different perspective about that. While young, the more information and learning they take then they'd be having a lot of thought about things that the other kids aren't ready to discover.

But this depends on how's your parenting and it's also a valid thought of yours that they shouldn't get stuck into that thinking.

As for me, kids learning at an early stage about investing is a good one. It is going to teach them how to be wiser with money and the rest about getting rich, they'll discover that at their right ages.

Or it might turn kid into unhappy kid if all he is thinking about and spending money on is investing. Other kids buy toys and sweets, but this kids only invest and envy other kids. And what would little kid invest into? Someone told him that "this new toy will be cool in 10 years, or this game will be in hot sales" and he will invest all money in that. Kids trust everything. How can they do a serious research at that age? You will say with a help of a parent. But it will turn into parent doing all the work, but the kid only gives money. This isnt learning and investing, this is giving/borrowing money to a parent for certain time.

It is good that they know what investing is and what he might achieve with that. But forcing to do that or insisting that "if he would not do that as early as possible, then he would never be rich" is wrong. Parents would better put more effort on motivating kids to study more at school or university.
hero member
Activity: 2968
Merit: 670
www.Crypto.Games: Multiple coins, multiple games
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
That is true, considering the trouble we are having right now, we should be teaching kids to be a bit more careful with their financial situation and be ready for the future. This isn't just the time about teaching lemonade stand, that doesn't make sense and it doesn't really work, it was a good idea to teach business for a while, but that doesn't mean they will learn it.

I think it is time to teach the kids something better something bigger, it is time to teach kids how they could figure out a way to use money to make more money, that is not easy for little kids but if anyone can figure that out, and teach their kids, those kids will do much better in the future. Otherwise, they will just earn salary like all of us.
hero member
Activity: 2716
Merit: 904

at least expose those kids to money and tell them this is how you make money or something like that because their fathers are their heroes. they will look at what parents are doing. kids look up to their parents and follow their steps.

you may not teach them for now how to invest but when they see you are in front of the computer and know that you are working, they will understand its how you make money.
Regardless of their age, if these kids will constantly observe their parents working hard in making money, then it will be easier for them to understand how to make money and its advantages on making our lives more convenient to live. However, with regards to teaching them about investments, that would be more complex for them at a young age and they will never understand it, but I believe when they reach a mature age, what their parents keep telling them will also become clearer to them until they finally develop their own interest to invest and make money as well.
legendary
Activity: 3066
Merit: 1049
Eloncoin.org - Mars, here we come!

at least expose those kids to money and tell them this is how you make money or something like that because their fathers are their heroes. they will look at what parents are doing. kids look up to their parents and follow their steps.

you may not teach them for now how to invest but when they see you are in front of the computer and know that you are working, they will understand its how you make money.
hero member
Activity: 2884
Merit: 620
It depends on your perspective, if your kid shows interest on it then give them access into learning more about it. Otherwise, just give them some idea on what investing is.

That is no doubtfully is true. If kids show interest to certain things, then parents should pay attention to that and support them. But for me it is totally inacceptable when parents vision on situation is following: "my kids must learn about investment, because if they do it early, they will become rich quicker". Its parents wish to become rich with help of kids, not kids desire to be rich. Kids do want to be rich, but this is just a dream, a fantasy, not their life goal.
That's the thinking of the majority but for me, I've got a different perspective about that. While young, the more information and learning they take then they'd be having a lot of thought about things that the other kids aren't ready to discover.

But this depends on how's your parenting and it's also a valid thought of yours that they shouldn't get stuck into that thinking.

As for me, kids learning at an early stage about investing is a good one. It is going to teach them how to be wiser with money and the rest about getting rich, they'll discover that at their right ages.
legendary
Activity: 1904
Merit: 1096
Leading Crypto Sports Betting & Casino Platform
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
legendary
Activity: 2296
Merit: 1176
Back on the topic. A lot of parents are trying to realize their unfulfilled dreams or achievements with their children. And teaching about investment is one of such things.
This is true, when they've got unfulfilled dreams these parents just want to see their children fulfill it and become successful with it. But as a parent, it's a normal act when they teach them everything that they want to know.

And it will depend on their kid if they want to get into investment but most likely, many of these children won't have an idea why they have to go with it because all they know is to play.

But kids nowadays are different as many are also fond of learning for more.

Why would children even learn about investment at their early age? To have a lot of money, that they dont care right now?
It depends on your perspective, if your kid shows interest on it then give them access into learning more about it. Otherwise, just give them some idea on what investing is.

That is no doubtfully is true. If kids show interest to certain things, then parents should pay attention to that and support them. But for me it is totally inacceptable when parents vision on situation is following: "my kids must learn about investment, because if they do it early, they will become rich quicker". Its parents wish to become rich with help of kids, not kids desire to be rich. Kids do want to be rich, but this is just a dream, a fantasy, not their life goal.
hero member
Activity: 2982
Merit: 678
★Bitvest.io★ Play Plinko or Invest!
I think children should be given formal education through which they can easily understand good and bad.  Education will free people from blindness and will surely make a smart life warrior.  Besides formal education they must be taught morals and religious knowledge.
And that's why teaching them about wealth and investments are desirable. They will see the reality of it that many of the rich people have obtained their wealth through investing.

Once this sinks in to the mind of the child, they'll understand that it should be their focus as they grow older and that will help them reach their goals through investing.

But definitely, there should be a start of it and it should lightly taught to them and not get into the whole point as they need to learn slowly.
hero member
Activity: 1302
Merit: 714
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.
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