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How to make investment interesting to your kid?

How to make investment interesting to your kid?

Investing, Top posts
Don’t work for money; make it work for you. Robert Kiyosaki I have tried to make investment interesting to my 9-year-old son a few times, however, unsuccessfully. My (many) unsuccessful attempts... Firstly, I tried to explain the concept of investing. I said that he would have to create a money machine which could work for him. It did not sound interesting to him. I guess that is because he gets enough money to satisfy his needs now. Then at some point of time I made an Excel sheet with compound interest calculation. It showed him that if he invests a few euros now, in 10 years time they would become a huge sum of money. That did not catch his attention either. I guess that is because 10 years time…
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2 effective strategies to teach your kid Monopoly game lessons

2 effective strategies to teach your kid Monopoly game lessons

Earning, Investing, Top posts
Is your kid fond of playing Monopoly game? If yes, use the time spent playing it with him or her to teach him/her Monopoly game lessons on finance and investing. Using questions could be a powerful teaching technique each time you play. Why did you win? Why did you lose? One day I suggested to play Monopoly to Faustas. He is fond of it! In the beginning I asked why he is so fond of playing this game. “Because I always win”, he replied. This time, however, I had another goal. I wanted to teach him something. Therefore, this time I observed his strategies and applied different strategies myself. I managed to win. “Why did you lose this time?” I asked. “Why did you lose this time?” I asked. “Because…
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