"Those who do not know how to invest their time will not know how to invest their money.".
Author Unknown
Financial education is something we should learn since we are little, unfortunately in my country it is not a culture to instruct children in schools, and some parents do not do it at home either, so we have grown up without a basis for it.
In my case I can talk about when I was little, my mother did teach me to save, I remember that she always gave me piggy banks, we filled one and then came another, and then we took that money to the bank, in those times many people kept their money in banks and received some interest that for the time were not bad, my mother did not know much about financial education and this was her way to save.
I don't remember having received instructions through school or university about financial education, the most they teach us is accounting, but I think this should be a subject that is taught in depth.
I think for my part that financial education should be seen as a joint effort between parents and school, but for this we parents must also prepare ourselves to be able to educate our children about such important information in daily life, since parents educate with examples and the school with more formal information.
At home we have taught the children the sense of saving, in which they can buy their things just by saving, we did this since they were small, with little age they began to save to give themselves their tastes and to be able to buy their things.
Parents also teach by example, they have also seen the sense of saving at home and buying by necessity and not by desire, which is something that we have also been teaching since many times we can buy things by desire and not because we need it.
My oldest son grew up being a person who saves and keeps track of expenses and income, which is excellent, however my other daughter is very different despite having been taught the same thing, she does not have the principle of saving, and if she does it soon she can spend it, but every day we show her and teach her how to invest her money to bring return which is necessary.
Another thing we have instilled in them is the principle of reading, they have read rich father poor father, so that they learn the flow of money and the principles of investment, they have also read the Richest Man in Babylon, books that I recommend so that the children can learn financial principles.
So I think we should combine both instruction at home and at school to prepare children for the future, as the economy is getting a little more difficult every day.
Thanks to friend @galenkp for the weekend topics and motivating us to create content, in this your week #226, see you in a next post 😉, blessings 😘 .
Photos of my Authorship
Separator link
For the best experience view this post on Liketu