Financial Education Should Start Early.

in Steem4Nigeria20 hours ago

Hey Guys,


1000135436.jpg

source

Seriously I like the idea of crypto and foreign exchange being taught to kids / children in school, so it not like they should learn the hard things , like looking at charts , analysing charts. Nah... I just mean that they should understand what these things are and what It is about, how it works in our present age.if we want to be honest with ourselves, you would know that money is important nin this life, whether we like it or we don't , we would all come to relate to money matters one way or the other. Yet many adults are still confused about how they save money, budgeting, and some simple financial decisions.


1000135432.jpg

source

Some of us actually started learning these things after we have made plenty mistakes financially, so I believe that if children are being taught basic financial concepts early in life , it will save them from a lot of future stress that we are currently undergoing, Do you know that already, these days children know how to operate phones, devices more than some adults, so I don't see any reason why teaching them digital money,online security and basic investments should be a problem, already cryptocurrency, forex trading are already a part of our society, where you pretend or not , it's already a part of the world's economy and it doesn't make it disappear.

I think that teaching children these things is not about making them traders at an early age, no, I believe this brings them awareness and understanding. Hey should know what cryptocurrency is and also what foreign exchange too is about. They should be taught how it works and why alot of people go into it, they should know about the risk,the patience, and the long term planning that goes with it.

One big problem we have today is that people just jump into big investments without knowledge on it, Because they heard that someone made big money in something, they also want to rush into it, they dont make any research, they don't have plans , they don't even have understanding of what they are going into, and at the end of the day it ends up in tears, see if kids grow up knowing that investments are not magic money machines , they will learn to make better money decisions as they grow.

Another important thing to teach is Scam and online frauds, alot of people have fallen victim to these things, the internet is full of a lot of people looking to deceive. When children understands how digital finances works they are likely to not fall into the promises of the evil doers of the internet.

Me I believe that's early exposure can really build a child's confidence, when a child grows up to understand basic financial concepts, they will grow up feeling in control of their selves. They will know the importance of saving, and how they should spend and also Investments.

So the way they are taught too now matters , it should be age appropriate, a 10 year old cannot be taught about complicated market analysis , they should learn simple things like want is money, the difference between saving and investing, and why patience is needed in stuff like this, and as they grow older the lessons can become more detailed.

In essence school should not just teach cryptocurrency and Forex alone , they should should general financial education, budgeting, saving, investing, and the likes. I believe id Children are introduced to these concepts early enough , they will be better generation of people that makes good financial decisions.

So yes, I am in support of teaching children in schools cryptocurrency and foreign exchanges , but in a simple and responsible way, the earlier they understand how money works , the better they are prepared for life.


1000135435.jpg

source

Sort:  
 11 hours ago 

Thank you for publishing an article in the Steem4nigeria community today. We have assessed your entry and we present the result of our assessment below.

CriteriaRemark
Verified User
#steemexclusive
Plagiarism Free
AI Free
Bot Free
Power DownNO
Review Date27/01/2026

MODs Comment/Recommendation:

I totally agree with you that financial education should start early. Cheers
Remember to always share your post on Twitter using these 3 main tags #steem #steemit $steem

Hi, Endeavor to join the #Nigeria-trail for more robust support in the community. Click the link Nigeria-trail

Guide to join