How to Teach Kids About Money, Saving & Investing: Lesson 7
What stocks to invest in for kids is a keystone to captivating our children’s interest in investing and keeping them excited and engaged.
What stocks to invest in for kids is a keystone to captivating our children’s interest in investing and keeping them excited and engaged.
Just because our generation was slow to master money does not mean that our kids should to be. How to master money much earlier in life by teaching your kids to be a financial representative of your family. Teaching kids money management: the keys to the kingdom
While others are enriching the companies and bosses they work for my hope is that my kids will quickly achieve financially independent so that while they have youth and energy they can peruse projects that they are genuinely passionate about in environments that fit their values with people that they actually enjoy and chose to surround themselves with.
Short cuts leave you getting short-changed. Set up rewards to encourage saving, accountability, and resource conservation in kids.
In Lesson 3 of How to Teach Kids About Money, Saving & Investing we address DEBT where I discovered that teachable moments are worth a thousand lectures.
How to engage your child in money, saving, and investing in a way that makes it their idea so they are fully bought in and take accountability for themselves.
Why not give kids the “end game” right from the beginning? Why not teach them about money management, saving & investing right from the start? After all, if they are not effective at managing money flow, no amount of money will ever create financial stability, let alone financial independence.