Saving, Investing, Succeeding: When and Why Financial Smarts Must Begin

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It really took a while before I fully understood what financial literacy is all about even though It was something, I do on regular basis back in the days when boys knew nothing and anytime we see any small amount of money as a gift from visitors or our little pocket money, the first thing that comes to mind is how to lavish it on ice cream or find one local joint and eat till we were full, this kept going on and on with the hope that we keep getting free money and I had no idea what savings were until my mom said it is a bad habit "eating with all 10 fingers", I didn't understand since I do use only my right hand to eat, then she went deeper and was like, whatever money you receive, try to save part of it, the more money you save, the more money you have in future.

I had to get this clay saving box then and started my saving journey with the target of using whatever I saved to get christmas gifts, that was how my saving journey started until I came across investing which seemed somehow skeptical to me, I already knew about cryptocurrency and all but I had to question myself, those days that I do save in my small piggy clay bank, I don't see any interest and only get what I saved but investing have some interest with it and what made me skeptical was about losing what I invest, that "Not financial Advice (NFA)" they use to tag on each post felt somehow, not a guarantee that my money is safe and all, I was already in school and my bills were pilling up, so I had to start taking risk since the only risk is not taking risk at all. Somehow I think it is best to start learning all this things from childhood, like they use to say the earlier the better.

Training your child from the basics will go a long one, right from save the little money gift or pocket money they get, taking it as a fun task and also building their discipline so they wont look like they will take out the money anytime they need money, that can build up their confidence, then you can teach them how to invest in little things with time, let them take little risks at things which can help take away financial fears and help to grab opportunities when they see one. These habit are stuff that are very important when it come adulthood, since it mostly evolve around finance.