Yahoo! Finance Canada posted a great article Monday about kids and investing. Journalist Gail Johnson asked for my thoughts on this topic. Here are a few key ideas I shared with her (which were included in this piece):
• First, teach kids to learn how to save.
• Help kids learn to stop, think and reflect when considering what to do with their money.
• Ask kids to think long term (10 years out) when setting goals.
• Don’t underestimate kids’ savvy when it comes to money.
Here is the link to the full article: How young is too young to teach kids about investing? Yahoo! Finance Canada