

Children need to be aware that notwithstanding their age and amount of money, their money can grow and work for them. Children should be taught to inculcate the habit of savings/investment as this would be a very vital skill in the management of any resource. Savings amongst kids is a familiar concept, investment amongst children has not been a widely talked about topic in finance. The fact still remains that to enable their money to grow, those monies has to be channeled to an investment to yield a return. That is the only way to gain a return on their savings. Use of technology in our present day has improved children awareness in the activities of the financial market. This has created a more viable opportunity for children to gain access to explore their financial capabilities via safe investment vehicles.
Teakwood-Digest-Monday-May-27-2019