Your child may have heard the terms cryptocurrency or Bitcoin, seen the flashy videos about cryptocurrency on TikTok, or discussed the subject with friends but still doesn't fully grasp their significance. Or they may be well-versed in these terms and itching to buy electronics or toys with crypto, or to invest in digital currencies. Or they may have zero interest in cryptocurrencies.
No matter the situation, as part of good parenting, it's your job to help your children understand the complexities of the financial world.
And although some economists may disagree on the longevity of cryptocurrency, it's likely to be around for years to come, and some experts believe that it may overtake spending with cash and credit cards within five to 10 years.
