Encouraging Your Teen to Invest

Encouraging your teen to invest is one of the most important things you can pass on. Being financially savvy is not something that is taught in school, yet it is one of the most important skills to have in life. If a teen were to invest just a few dollars a week into mutual funds and get a historic market average return of 12 percent, he or she would be a multimillionaire at the age of 65.

Encouraging your teen to invest teaches the value of money, discipline, critical thinking, and is very empowering. Green investing is on the rise and is a specific way to teach your teen the investment ropes as well as showing them the importance of being environmentally conscience.

Encouraging your teen to invest can set them up for a lifetime of prosperity, success, and happiness. A lack of finances is usually not a result of random luck or circumstances, but is a result of having a poor financial IQ. Lack of money is the number one cause of divorce and is oftentimes the reason for suicide, depression, and crime. It's never too early to start encouraging your teen to invest in stocks, bonds, mutual funds or real estate. Green investing in particular will teach them a dual lesson that will pay off for them and the environment.

Money makes the world go around and encouraging your teen to invest will give them the world at their fingertips. Teach and encourage them today so they can be financially secure tomorrow.

The information supplied in this article is not to be considered as medical advice and is for educational purposes only.