Investing can be a somewhat difficult concept to explain to children. Having to explain factors such as inflation, yield environment, interest rates and government policies can get you a yawn from them. However, there is always a way out.
As God saw everything to be good (2)(Opens in a new browser tab)
Teaching investments can be fun and engaging, it only requires tact.
First, it is important that children understand the value of money; and the best way to teach this is by making them work for it, making them pay for things and showing them how to stick to a budget.
Continue reading How wealthy do you want your child to be? at Vanguard News.
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