That’s great man! I’m glad that you and your wife started an account already for the unborn baby. I think that’s crucial and I’ve started one for my son as well! It’s not got a whole lot in there but I plan on putting at least 1$ a week in HBD savings and have been able to keep that up for a while. I’m going to work on trying to power up at least 10 HP a month too so that we get the 3% interest on that, with eventual hopes of getting curation rewards on things. He’s got a long way to go before I show him about hive and all that.
Social media and children are incredibly dangerous combinations and ones that should never be taken lightly. From past experience of people we know, ALWAYS take a child’s phone at night. Ours isn’t old enough to have one thankfully but until they are probably 16 or something one always has to take their phone when they go to bed, and any other device they can use. I can’t tell you how many scenarios we know of with teenage suicide due to bullying online when the parents are asleep. It’s heart breaking and one of the most awful things to experience but sadly too common. One of our former friends was a police detective and they made sure to let us know that if there is one single thing we remember about our friendship is that we need to remember to take a child’s phone at night. Sorry to get off topic in a depressing way but it’s an important message I think.
Financial education is definitely important and one that we are working on ourselves with our little man! We actually found a really good children’s book series called the Tuttle Twins and they’ve got such good lessons about money, the limited role government should have in our lives and personal responsibility. One of our best book investments in my opinion! There is definitely lacking a lot in financial education for kids though. Thankfully some states are promoting more traditional values and education. Florida passed a bill that requires financial education for high school kids and I think that’s great! The more we can teach the kids on how to manage things the better. They don’t need to learn more about Shakespeare and shit, they need to learn how to manage their money!
When I was a teacher in 2017, there was a 12 year old that got an "online boyfriend". He was like 18 or 19 and she claimed they were "in love. When the story came out because she was always sleeping in class and her grades were suffering, all hell broke loose and she was talking about suicide. In my conversation with her, she mentioned that she use to spend late nights "chatting with him on facebook". There's a lot of crazy shit on the internet.
Honestly, kids get a lot of "protection" from teachable moments and then are ironically exposed to things that they really shouldn't be bothered about.
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