National Financial Literacy Month: Teaching Kids Money Skills, How Stock Market Works
One of the least understood areas of finance is the stick market. Experts say to help in understanding, we should begin teaching kids about the stock market at a young age.
“We need to simplify the language we use as financial professionals when we are talking about the stock market,” said J.J. Wenrich is a certified financial planner and author of Teaching Kids to Buy Stocks: Stories and Lessons for Grown Ups. “I have found that often times, no matter if we are talking to adults or kids, it’s the same language for someone that is learning this stuff and it really turns people off.”
Wenrich says parents can learn alongside their kids. The four’s Xavier Hershovitz spoke with him on some ways we can teach kids about stocks and tools that are available to help. Watch their conversation above.
To learn more about Teaching Kids to Buy Stocks: Stories and Lessons for Grown Ups, click here.