The Future

Teaching Children About Investing

What is the next step to teaching a child about money?

Many experts believe the next step to teaching children about money is to begin to reward them, in some small way, for chores done around the house, and encourage them to save by opening up a bank account in their name in which to make deposits. The act of encouraging saving at a young age will greatly boost their self-esteem, even if they only deposit a few dollars at a time. Each time he goes to the bank, the child begins to think positively about saving, and these feelings may last a lifetime.



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