great advice never to young to teach finance . Banks are evil they hand out easy credit to the youth knowing they will get into debt and collect on a never ending debt that doubles every 3 1/2 years . It is a hard lesson .
True. Teaching financial literacy is the job of the father (mother). My older one (10) already knows (and understands!) very well what inflation is. Why bitcoin is better. Why she never ever should trust banks. (She can use banks when she gets older - but she must not trust them under any conditions.)
great advice never to young to teach finance . Banks are evil they hand out easy credit to the youth knowing they will get into debt and collect on a never ending debt that doubles every 3 1/2 years . It is a hard lesson .
Thanks Jerry6
True. Teaching financial literacy is the job of the father (mother). My older one (10) already knows (and understands!) very well what inflation is. Why bitcoin is better. Why she never ever should trust banks. (She can use banks when she gets older - but she must not trust them under any conditions.)