INVESTING ABCS: TEACHING YOUR KIDS ABOUT MONEY AND MARKETS
The recent stock market mania over the video game company GameStop, which this week was scrutinized by Congress, has provided a teachable moment for kids.
The press talked to a few parents and financial experts for their tips on talking with kids about investing and the often confusing behavior of financial markets. Here’s a summary of what they had to say.
KEEP IT SIMPLE
Parents should make sure kids understand money basics before they try to conquer investing. Once they’re ready, don’t overwhelm kids with too much information at once — you risk them missing the lesson and losing interest.
Kids need to understand what stocks are, why
