David Sikhosana: Teach Investing

Posted by admin on Tuesday, December 26, 2023

Meaning of David Sikhosana Money Quote: saying teach kids about finances and be sure they understand how investing, tax and credit works. David Sikhosana said:
 

 

“Teach your children about credit, tax and investing. Be extremely truthful about how they all work” — David Sikhosana

 

 

In this quote, David Sikhosana is advocating for the importance of financial literacy education for children. He stresses the need to “teach your children about credit, tax and investing” so they understand fundamental financial concepts from a young age.

Sikhosana also emphasizes the importance of being “extremely truthful” when explaining how these systems work, rather than simplifying complex realities. The quote conveys his view that parents should have open, honest discussions with their children about credit and debt, taxation, and different investment opportunities and risks.

By imparting practical financial knowledge and wisdom early on, according to Sikhosana, it can help children make more informed financial choices as they grow into adulthood.