Samlunch
10-06
I think teaching my child about investing and financial planning is a great idea!
It's essential to introduce these concepts early on, so they can develop good financial habits and a strong understanding of managing money.


1. Financial literacy: Teach the basics of personal finance, such as budgeting, saving, and investing.
2. Long-term thinking: Encourage thinking about long-term goals and how investing can help achieve them.
3. Compound interest: Explain the power of compound interest and how it can grow savings over time.
4. Risk management: Teach about risk and how to manage it through diversification and other strategies.
5. Responsibility: Encourage taking ownership of decisions and understanding the consequences of their actions.
6. Real-world applications: Use everyday examples to illustrate financial concepts, making it more relatable and interesting.


I must remember to adjust my teaching approach to my child's age and understanding, and make it fun and engaging!
Would You Let Your Child Learn About Investing at Early Age?
Recently a Chinese blogger taught her daughter to understand the stock market - “good target + good price + risk management”. Some people feel that teaching children to invest is a waste of their children's time. Some recognized it.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Venus888
    10-08
    Venus888
    Agreed. May I know in your opionion, at what age of the child would you start teaching?
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