The article emphasizes that financial learning starts in childhood, primarily through the observations of parents. It suggests that parents play a crucial role in shaping their children's understanding of money through their own financial behaviors. Observational learning instills beliefs in children about earning, spending, and valuing money. The article also stresses the importance of teaching children the reality that money does not come effortlessly, but is earned through providing value to others, thus laying a foundation for responsible financial behavior later in life.
The strongest influence on our financial learning comes from our parents, shaping our values and behaviors around money through observational learning.
Children often believe money comes effortlessly, but it is crucial to teach them that it is earned by providing value to others.
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