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Learn your kids good investment habits
Learning the kids investing at an early stage may build a good long lasting habit.

• Set achievable goals: Kids will be motivated if they feel they reach goals. The goals should not be set so that they feel unreachable such as saving for college even if that is the agenda.
• Reward children. It would be possible to make incentives such as for every dollar the kid saves, the parent will contribute 25 cents.
• Make investing fun. Get the kids involved in for researching what company produces the most popular shoes among the other kids and possibly buy the company’s stock.
• Quote: “Stress long-term nature of investing - Stress that a stock is not the same as a bank account, and educate them to let them know this type of investment is not for impulse purchases or to meet short-term goals. Instead, tell your children that stocks are for the long term. You might want to share with them some of your brokerage statements that show how many years you’ve owned some of your investments.”