The other day, I sent my 17 yr old son to pay some money into 2 bank accounts. The 2 accounts were domiciled at 2 different banks. He went about it diligently and then called me on the phone afterwards to confirm it was sorted.
He goes on to tell me how he thinks it's ridiculous that banks don't have an interconnecting system, that would allow them transaction across, with each other, via a common platform. In simple terms, he wondered why he can't walk into a Santander bank and make a deposit into, not just a Santander account, but into a Lloyds one as well?
That moment for me, was a beautiful one. I witnessed the curiosity and 'impatience' of a young brilliant mind. Their curiosity and impatience with slow, traditional systems, is sure to bring greater innovation to the world. Watch that space... that day will come very soon, when the process my son questioned, will be a thing of the past.
If you are a custodian of a young person, feed their mind with the right content, nurture them, encourage their curiosity, prepare them to face their future fearlessly. Curious, brilliant minds have always changed the world.
The first time I heard about Bitcoin was from my son. He was 11 years old then. He wanted me to invest in Bitcoin. At the time, i didn't pay attention. I thought, who takes financial advice from an 11 yr old. Today, I wish I had paid more attention.
My mom helped me a lot. As a kid, I asked her questions she didn't have answers for. But that got her to learn new things. And I was also encouraged to figure things out too more so.
Bless your mother. The part we play in shaping our children is so strong.
I pray we all do our best to raise a new generation.
A lot of education comes now through the internet / phones.