A recent OnePoll survey of 2,000 American parents with children between eight and 14 reveals that 83 percent or 4 out of 5 of those parents would have liked to learn more about finances growing up.
Finance and many investments have greatly changed over the last few decades. There are online brokers, commission-free trades and even new types of investments like ETFs, NFTs, and crypto.
It might seem overwhelming to learn about this or teach it to your teen. However, many fundamental skills like budgeting, credit scores, and loans have stayed the same over the years.
The best way to raise financially savvy teens is to have them learn about these skills. From there, they can learn about more advanced concepts like investing in the markets.
This has become much easier thanks to Fidelity Youth Accounts.
Get A Head Start On Investing With A Fidelity Youth Account!
Teens as young as 13 can start investing with a Fidelity Youth Account. Just $1 and they can invest in ETFs, mutual funds and other common investments in fractional amounts.
They can save even more money since there are no account fees, minimum balances, ATM fees or other surprise fees.
Open a Fidelity Youth Account today to receive $100 and $50 for your child.
The Fidelity Youth Account can only be opened by a parent/guardian. Account eligibility limited to teens aged 13-17.
¹Limited Time Offer. Terms Apply. Before opening a Fidelity Youth Account, you should carefully read the account agreement and ensure that you fully understand your responsibilities to monitor and supervise your teen’s activity in the account.
Image sourced from Shutterstock
Image and article originally from www.benzinga.com. Read the original article here.