Financial literacy has been on a wide range of effectiveness to the society at large and it's impact on our kids at a tender age will make it more suitable and beneficial to them and the society, having kids with a 100% prospect on finance will go along way of reducing financial instability and let them understand and manage personal finances effectively, making informed decisions about earning, saving, investing, and spending money.
And how do we execute that it's at this early stage of their lives ranging from 7 and above.
Why do we need to force the responsibility of handling finance to a child while the rest of us Adults including all passed away manage to move forward without the need of this financial literacy as a kid. Your suggestion will ruined the child freedom because you are forcing to learn a knowledge that is still not suitable for a kid.
Will you let your child manage your finances? All of us will enter on legal age which this learning should be introduced not during a kid.
Seriously, this a torture lesson to a 7 years old.
I can understand your point, but I can also understand what the op meant in his post. If we look at it at a glance, I think we will have the same thought, that children cannot accept it all because their world is still in the world of play. However, that doesn't mean that by providing literacy to children, children will immediately practice it, we can do it gradually. For example, we can teach them how to save and start saving, I think this is a common thing that happens in our environment, we just don't realize it.
I see different parents in caring for their children, there are those who pamper them excessively and there are also those who are just normal. Well, as parents, we are their first school, their character is actually formed from the time they are at home, so we have to know exactly what to do and what not to do in educating our children. The reason is that when a character has been formed, wanting to change it is very difficult.
