What do you think it's the greatest non-monetary gift that parents can give their children about personal finance (you can also share non-personal finance questions, if you'd like)? And why?

Most definitely the gift of introduction to financial literacy. I mean every parent wants the best for your child. And what better than to pass on what we have already learnt from life rather than wait for them to learn from trial and error.

So many topics that i wish had been introduced to me earlier in life such as:

• Prioritising Needs Over Wants,

• Budgeting and Delayed Gratification

• Concept of (Financial) Planning

i dont think im any expert in these fields, but i do believe that simply getting our kids to start thinking about such topics would be a great start.

I believe it is very important that the parents teach their children about personal finance skills. Currently, our formal education system lacks such education which resulted in us growing up learning personal finance either through an easy way (self-discovery) or the hard way (chained by lots of debt due to reckless spending etc). Therefore, I believe educating children on personal finance should be mandatory.