Jun 8, 2021
Stash’s Guide to Teaching Your Kids About Investing
It’s important to start teaching your kids about money and the stock market at a young age.
You might not realize it, but teaching your kids about investing and saving can be just as important as teaching them how to read and write.
In fact, kids start to understand the basics of how money works when they’re just three years old, according to some experts. And when they’re seven, a lot of the financial habits they’ll have for the rest of their lives are set. So the earlier you’re able to teach your kids about investing their money and the stock market, the better their financial habits are likely to be as adults.
Investing is a way to put your money to work in a diverse portfolio of stocks, bonds, and ETFs, with the objective of seeing your money grow over time. But when your kids are interested in the next new video game or toy, it can be hard to get them interested in saving and investing their allowance or babysitting money in the market.
With that in mind, Stash has put together these resources to help teach your kids about investing and to help you get started as a family:
Here’s How to Teach Your Kids About Money
It's never too early to start teaching children about money. In fact, they'll likely pick up on your cues whether you set out to teach them or not—so start setting a good example early.
Making the Best Investment Choices for Your Kids
By opening a savings or investment account for your child early on, you can help them grow a nest-egg that can later be used for important milestones.
Why You May Want to Start Investing for Your Kids Now
When it comes to teaching your kids about the stock market, it can pay to start early. Understanding the stock market is a key element of financial literacy.
How You Can Start Explaining the Stock Market to Your Kids
When it comes to teaching your kids about the stock market, it can pay to start early. Understanding the stock market is a key element of financial literacy.
Related Articles
15 Largest AI Companies in 2024
The 12 Largest Cannabis Companies in 2024
What Is a Traditional IRA?
Saving vs. Investing: 2 Ways to Reach Your Financial Goals
How To Invest in the S&P 500: A Beginner’s Guide for 2024
Stock Market Holidays 2024