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Investing My Story Saving Uncategorized

Can Poor Kids Comprehend Investing?

February 24, 2014by Susan Beacham4 Comments

That is a classic question I get all of the time. Most recently, it came from a teacher at Libby Elementary in Chicago, Illinois. She teaches our Money Savvy Kids curriculum to the low-income elementary students in her class.  Here is her question:

“This is the third year I have taught the program and always struggle w/explaining the purpose of investing to children whose parents are on welfare.  Often the role of short-term vs. long-term goals is hard for them to comprehend, so investing is incomprehensible. Has this ever been addressed?”

I answered her–as I answer everyone who asks this question–with my life story. It’s why I do the work I do today.

Here’s what I told her:

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About Susan

A sought-after speaker for financial institutions, state regulatory agencies, trade associations, leadership conferences and schools, she is the creator of the Money Savvy Pig piggy bank-- the centerpiece of the Money Savvy Kids Basic Personal Finance Curriculum.

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