The Right Time to Introduce Investing to Kids
As parents, we want to set our children up for financial success. One key way to do this is by teaching them about investing and trading at an early age. But when is the right time to start these important lessons?Laying the Foundation: Ages 5-10The elementary school years are a great time to start building a strong financial foundation. At this age, focus on the basics:Explain what money is and how it's used in exchangesTeach the difference between needs and wantsEncourage saving money ...
The Right Time to Introduce Investing to Kids
As parents, we want to set our children up for financial success. One key way to do this is by teaching them about investing and trading at an early age. But when is the right time to start these important lessons?Laying the Foundation: Ages 5-10The elementary school years are a great time to start building a strong financial foundation. At this age, focus on the basics:Explain what money is and how it's used in exchangesTeach the difference between needs and wantsEncourage saving money ...
