When do bitcoiners start educating their kids about money and bitcoin…..?
#financialeducation #bitcoin #parenting
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I would say when they first get a job. First paycheck. Explain how savings works. Interest. The dollar in general and how it’s set up to depreciate. They should be old enough by then to understand what you’re saying. As well as old enough to not listen to you because they think you’re a dumb adult 😭.
Well said there, how about when they get paid at home after getting their chores done or get an item they want bought for them after performing some form of task? Do you think that counts ?
I think that’s good to teach about money for sure. Do something. Get paid. Establishes the work ethic. To understand BTC though that’s a little further down the line. Although some kids are smart and are interested in that stuff younger so you could always test the water by bringing it up and seeing how they respond. But when it comes to having bills and a car payment and trying to save, but the interest rate doesn’t keep up with inflation/deflation of the usd that’s when you can explain btc for sure.