What is the right age to teach your kids about Finance and Crypto?
The developments that are happening in the crypto space is showing that crypto and blockchain technology has come to stay. Truly, after the fights that some countries are wedging against crypto, they would be left with just one option in the near future, and that is to support it.
I am keenly awaiting the time when crypto and blockchain technology shall be taught in schools. While we wait for that time, I think the early adopters owe their family and friends to share the knowledge about crypto and help them integrate.
As a parent owning crypto, it may be difficult for your children to access it in an eventuality is they are not schooled in the know how a we do with other aspect of finances. This therefore raises the question of the right age to teach kids about Finance and by extension cryptocurrency.
Indeed, getting your kids literate about crypto won't actually do any harm but I think it is to your greatest advantage is the training comes from you as a parent, hence, would instil responsibility on the child.
Some of the reasons your kids should be literate on finance and crypto are enlisted below:
- To give them the confidence to manage money
- To educate them against falling for scam projects
- To help them develop a right mindset to investment.
- To equip them against falling the FUD and FOMO victim
- To make them financially responsible,
- To teach them independence
- To prepare them for the challenges of the future.
Most of us in crypto would have embraced the technology in our late 20s and 30s and 40s. However, the present level of technology awareness has taught in school makes the 5 year old to be able to operate a smart phone.
While the age of disseminating the crypto knowledge may differ from country to another, It is worth doing to prepare our kids for the future.
What age do you think is right to teach your kids about Finance and Crypto?
Let's share thoughts in the comment section. All entries would receive $CENT upvotes.
In my opinion, it should be started as soon as possible, but I would not burden them with too much information at an early stage. So I guess 10 years onwards would be cool.
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Beautiful. At 19, I think I was done with primary education and could undertake some serious responsibilities.
At the age of 13 (teenager) I think is the right time so they will become responsible in spending. investing and saving.
Yeah, age 13 looks cool. At that age, a child should have been able to complete at least 6 grades in school
Yay! 🤗
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