391- Head Start for Investing
It's important to teach kids how to handle their finances, but it doesn't have to be complicated.
InvestED: The Rule #1 Investing Podcast
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Show Notes
While the financial world can be a daunting topic to young people whose parents aren’t properly equipped to teach them about it. And when kids don't properly learn how to manage their finances, as adults, life becomes somewhat of a minefield.
Teaching kids about the value of their money doesn’t have to be as complicated as most people think, though.
There are actually a number of ways parents can get creative with introducing investing basics to their kids while keeping them engaged with the process. One of the easiest ways is to simply teach one of the Rule #1 Investing principles: invest in something you're actually interested in and believe in.
This week on InvestED, tune in as Phil and Danielle discuss growing up with parents who do (or don’t) invest, winning strategies with allowances, and how to set kids up for success in the future.
To learn more about getting you or someone you know started off with some investing basics, claim your free copy of Guide to Investing for Beginners: https://bit.ly/3CGzh42
Topics Discussed:
- Teaching finances at a young age
- Representation in investing
Resources Discussed
For show notes and more information visit www.investedpodcast.com
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