Financial habits form young – when kids are between 7 to 9 years old. Youth who are not taught how to manage, value, and work for money lack the skills they need to be self-sufficient. This situation has impact not only on the child’s future finances, but also self-esteem, relationships, and overall enjoyment of life when he or she matures into adulthood.
Parents, schools, and third-party providers represent the front line to ensure that our kids receive the best financial education – education that drives students to use higher-level thinking skills and focuses on helping them develop systems and behaviors that build a foundation for managing their money well.
For those individuals who want to teach kids financial literacy, must go ahead to do so.
On Aspect of Religion
Parents have the right to, in fact must, make choices for their children in the years before they can decide for themselves.
Parents are left, therefore with a series of choices that they must make. Should they circumcise their boy? Should they teach the child to speak “received English” or colloquial English or some other version or language? Do they bring them up as a vegetarian? These choices have the potential to affect the child all their lives, but the choices must be made before the child is able to choose for themselves.
Another of these choices is religion. What do they teach their child? But if they genuinely believe their religion, it is ridiculous to suggest that they would not raise their child at least to know the deity they think will lead to everlasting life (or whatever).
Later in their development, responsible parents would expose their children to knowledge and options about each such choice. But in some cases it is too late to change what has now been set into the child’s mind (or body).
I will agree that true caring parents will inform their child of thee issues at an appropriate age.