“The current market volatility presents an opportunity for parents to lead by example and teach their kids that downturns and economic uncertainty are not reasons to panic,” Caporal said. Jack Caporal, research analyst at The Motley Fool, told GOBankingRates that parents should be mindful to teach their kids that investing is more likely to yield positive returns over longer periods of time. See: 15 Cheap, Beautiful Places To Retireįind: 22 Side Gigs That Can Make You Richer Than a Full-Time JobĪ new Motley Fool survey finds that 50% of parents with children over the age of 10 teach their kids about investing, with another 38% planning to do so when their kids get older. children are missing out on crucial personal finance lessons (especially given the current markets) such as the importance of long-term investing. However, that same data also indicates that nearly half of U.S.
In fact, most parents with children aged 10 and older have already taught them about investing, a new survey shows. Financial literacy is of utmost importance, and many American parents, recognizing that, start imparting investing lessons and financial education more broadly to their children early.
