
Investor Warren Buffett once offered a lesson that some experts say applies to raising financially literate children. "You don't get any extra points for the fact that something's very hard to do. So you might as well just step over one-foot bars instead of trying to jump over seven-foot bars," Buffett told CNBC in 2010.
The quote, originally about business decisions, has since been cited by GoBankingRates as a smart rule for parenting—encouraging children to pursue growing industries rather than stagnant or declining sectors.