Below are investment ideas to help your child make their first investment:
Savings Account
Handling money and managing it well are two of the most vitally important aspects of a successful investor. Before your teen begins investing, teach your child practical money skills by opening him/her savings account. Saving money also allows your child to get the money that he/she needed to fund his/her investments.
Educate your child on how to save money and how to budget. Let your child manage his/her finances to gain experience that he/she can later use when he/she starts to invest.
- 6+ years of experience in financial analysis
- 5+ years of experience as a writer, published author, editor, and screenwriter