Talk to Your Child About Investing
- Start with basic concepts such as counting coins and adding up prices to understand how money works.
- Play games like Monopoly or Life, where they can see some real-life examples of making investments and possible outcomes of the choices they make.
- Talk to your children about the difference between saving and investing and the risks and rewards of each.
- Use a set percentage of every dollar they earn and get three containers. Mark them as: "Share," "Save," and "Spend," and watch the money grow!
How do you teach your kids about investing? We’d love to hear your ideas!