Topic: Get to know the Child Phase before teaching Bitcoin and Financial Management. - page 2. (Read 238 times)

From the age 1 kids starts to understand what is money. Because most of the kids were given with piggy bank and asked to save what is being given to them by parents and relatives. Some used to follow it, some used to break the piggy bank 

By the age of 2 the kids will somehow know about saving, and the kids start learning how to count and all. This is the stage were learning begins. These days kids are being taught with tabs and other devices which according to me is not required.

Teaching kids need to be made interesting. Only then learning will be effective. As suggested slowly introducing about money can be done, but the effective teaching should be after 10 years of age.

The second stage really look the perfect moment to introduce children to money management and responsabilities. It's the time when they get introduced to mathematics at school, so the subject of money management and responsabilities can start being taught to them as well. I would start telling children from 10 years old on about bitcoin and would guide them on their bitcoin journey through micro earnings apps and websites, where they can play games to earn btc. Of course it would be useful only as practical examples to get them used to bitcoin since an early age, because from the profitability point of view, it would be worthless.

Anyway, the interest of each child for the subject will vary from case to case and their natural inclinations for determined matters must be respected in first place.

As a parent, of course I want the best for my child's future. But we need to realize and understand that there are phases in the development of our children.

teaching financial management, Bitcoin and Crypto to our children is a great thing if it is taught at the right time or phase. and certainly not by coercion or pressure.

There are 4 important phases that we must know in children's education.

1. phase of play, freedom (live like a king).
This phase ranges from 0-6 years of age. and it is in this phase that the growth and development of the brain dominates. Emotions are also more studied in this phase. and in this phase we as parents have to praise and pamper children more lovingly. let children play and imagine freely. because this phase is an important phase in brain development and also an important phase in developing golden potential for children. things that need to be avoided in this phase are yelling at the child loudly, shocking the child is also strictly prohibited in this phase because it is fatal in inhibiting the neuron cells that are developing very rapidly in the child's brain and will make the child's potential become hampered or even extinguished or suppressed . so that when an adult the child will be very difficult to develop their own potential. what we can teach in this phase is to provide games that are interesting but contain educational and creative elements to stimulate the growth and development of children's intelligence.

2. Phase in the introduction of discipline and responsibility.
This phase is at the age of 7-14 years. So maybe it's at phass that we can start teaching children about money management. such as setting an example to children about saving. But it must be done slowly but consistently. We as parents must set a good example. and maybe a little hard on children at this age a little bit is allowed. because in this phase is the phase in the formation of our child's personality. so we have to really make children know a responsibility and discipline in life. and if we spoil children too much during this phase, it will actually make your child a child with a weak personality. in this phase also our children must be informed about what obligations they have to do. telling children about building a future and pursuing an ideal during this phase can be a motivation for them. and we tell them where the best places to save are. Introducing investment and crypto can also be started in this phase and of course at the level of basic knowledge.

3. The phase of building relationships with children (becoming friends for our children)
This phase is at the age of 15-21 years. well, in this phase we have to be more able to build relationships with children like friends. so that our children remain comfortable to talk to us. and the child keeps asking for solutions and discussing with us every time he gets a problem. and we must attach importance to rationality at this stage. we give advice like a friend as well as a parent. if we are too hard in this phase it will actually make our children close to us and even our children will prefer to confide in their friends rather than us. maybe in this phase we can introduce our children to our investments and all about crypto and bitcoin that we have learned so far. because of course at this age they will need this knowledge.

4. Phase of Freedom, Independence and trust.
 In this phase our child is an adult and let him become an independent person and be able to solve his problems independently. But our advice is still needed for our children. be it moral advice, life or financial advice.

References and basic sources of thought : Klikpsikolog.com