Children: Whose responsibility is their financial education: Parents? Teachers?

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Children's financial education: Whose responsibility is it?

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Jared
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#1

 

Children need, and take in a lot of education as they grow up. Academics are taught mostly in school. Morals majorly by parents and sometimes religions. And so on.
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Now, how about financial education? Whose responsibility is it to teach our upcoming next generation financial education and literacy?

Is it the responsibility of parents? Or are schools supposed to inculcate this through teachers? Or is it the government's role? Or is it their own responsibility to learn up as they grow? Hmm...

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Financial Literacy is the possession of knowledge, skills and behavioral traits that help an individual make informed decisions regarding money. đź’°

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Jared
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Well, I'll go for parents primarily. Then I'll pish some bulk to school curriculum. :spoton:
Financial Literacy is the possession of knowledge, skills and behavioral traits that help an individual make informed decisions regarding money. đź’°

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Righteous1
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#3

 

Parents surely, there are no other best teachers in the world than your parents 💯

Loru
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#4

 

Righteous1 wrote: ↑November 22nd, 2023, 5:09 pm Parents surely, there are no other best teachers in the world than your parents 💯
I feel government should ensure school curriculum contain it. Was it deliberate?

So, I will say parents, teachers and government. :shade: :shade:

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Righteous1
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#5

 

Loru wrote: ↑November 22nd, 2023, 5:11 pm So, I will say parents, teachers and government

Okay let me ask you a question, who educated teachers and government financially? 😏

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Jared
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#6

 

Righteous1 wrote: ↑November 22nd, 2023, 5:17 pm
Loru wrote: ↑November 22nd, 2023, 5:11 pm So, I will say parents, teachers and government

Okay let me ask you a question, who educated teachers and government financially? 😏
Let me ask a counter question: are these people educated financially? :zip:
Financial Literacy is the possession of knowledge, skills and behavioral traits that help an individual make informed decisions regarding money. đź’°

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Righteous1
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#7

 

Jared wrote: ↑November 22nd, 2023, 5:25 pm Let me ask a counter question: are these people educated financially?

😂😂 My question should be answered first

Loru
Answers: 0

#8

 

Righteous1 wrote: ↑November 22nd, 2023, 5:17 pm
Loru wrote: ↑November 22nd, 2023, 5:11 pm So, I will say parents, teachers and government

Okay let me ask you a question, who educated teachers and government financially? 😏
Maybe their parents and their teachers.

Kennygift
Answers: 0

#9

 

It is supposed to be the parents and even the parents can support one to an extent if one is not the only child that person won't have any choice than to sponsor himself/herself.

GOLD21
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#10

 

We parents must be the number 1

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Jared
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#11

 

GOLD21 wrote: ↑November 26th, 2023, 4:58 pm We parents must be the number 1
I agree totally. This is a responsibility we cannot abdicate hoping others would take on. :angry:
Financial Literacy is the possession of knowledge, skills and behavioral traits that help an individual make informed decisions regarding money. đź’°

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YoungA
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#12

 

According to my understanding, I think parents are saddled with the responsibility to educate their children about financial literacy. This is so because, parents are the first and true teachers to their children in all cases.

When kids are well educated by their parents about money topics from their tender ages, they turn to make financial wise decisions in all their affairs.

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Jared
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#13

 

YoungA wrote: ↑November 27th, 2023, 10:58 am When kids are well educated by their parents about money topics from their tender ages, they turn to make financial wise decisions in all their affairs.
I cannot agree less. I cannot trust my kids financial education to anyone else.
It starts with me.
Financial Literacy is the possession of knowledge, skills and behavioral traits that help an individual make informed decisions regarding money. đź’°

Kaygold
Answers: 0

#14

 

Its parent but teacher also pay their own role


uchejr07
Answers: 0

#16

 

:thumbup! Nice

Added after 16 seconds:
Parents are indeed no 1





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