0 sats \ 1 reply \ @OT 8 Jan \ on: Introducing Kids to Money and Bitcoin Personal_Finance
You mentioned credit. This system doesn't implement any credit though right?
I'm wondering if it's better to offer both fiat & bitcoin, keep a record and over the years they will come to their own conclusion. I think having a little to donate is good, but maybe more like 10%
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111 sats \ 0 replies \ @hodlpleb OP 8 Jan
The credit conversation has come up when we are at the store and my kid does not have cash with them. I "give them credit" by paying for an item at the store and then they pay me back. In the past, the "paying it back" became a big argument, so they had bad credit.
Also came up in a conversation about how to people buy houses that cost hundreds of thousands of dollars. The bank gives them credit, the same way I give my kid credit at the store.
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