Do you encourage your eligible kids to invest?

AgoraForo - Digital Marketplace & Freelancer Forum

Starmix

Popular
Member
Sep 2, 2022
29,164
3,680
Dex
$3.000
Raw Dex
$0.703
Kids like to learn and earn. They are easy to teach. They also like to keep their money given to them indication of being financially aware.
 

Shavkat

Very Familiar
Member
Sep 7, 2022
13,238
938
Dex
$0.015
Raw Dex
$2.185
Investing is for everyone regardless of status as long as age qualification is followed. Some parents disallow their kids to invest, they require them to prioritize their studies. Some parents encourage and teach their kids eligible to invest to start investing so that they can acquire wealth while they are still young. Investment is not for the old but for anyone having passion and capital. One can acquire skills through assistance from their parents. Sooner or later, they will become skilled and ready to face risks.
I agree with you. Some parents are like this. As for me, I always give advice to my niece to earn her extra allowance. She can do what she wants if did earn some.
 

Starmix

Popular
Member
Sep 2, 2022
29,164
3,680
Dex
$3.000
Raw Dex
$0.703
I agree with you. Some parents are like this. As for me, I always give advice to my niece to earn her extra allowance. She can do what she wants if did earn some.
My nieces and nephews are not eligible in this kind of investments. They are studying in private universities. Their parents have good jobs like nurses and medical doctors.
 

Hate2Wait

Very Familiar
Member
Jun 16, 2022
24,087
2,493
Dex
$0.070
Raw Dex
$0.415
I would prefer kids to learn about the value of money and should also learn about the value of savings and they will start learning about investments.
 

Starmix

Popular
Member
Sep 2, 2022
29,164
3,680
Dex
$3.000
Raw Dex
$0.703
Kids do not understand about investment. They better be taught to save. When they grow up that's the time to encourage them to invest.
 

Cam

Administrator
Admin
Member
Mar 30, 2024
310
144
Dex
$92.096
Raw Dex
$4.904
I don't have children at the moment, but I will definitely encourage my children to invest. There's no telling how much money I've missed out on not getting into the stock market earlier.
 

Starmix

Popular
Member
Sep 2, 2022
29,164
3,680
Dex
$3.000
Raw Dex
$0.703
Kids need to know how and where their parents got the money so they can adjust their spending and learn the value of savings. Then to orient them about money making through investing.
 
Back
Top