Do you think its important to teach kids about finances, investing and creating generational wealth? If so, at what age do you think is appropriate?

Do you think its important to teach kids about finances, investing and creating generational wealth? If so, at what age do you think is appropriate?

I think this is immensely important, because the only other place they will learn these things is on their own accord (for the most part learning how to invest & generating wealth isn't learn in school either). Parents should teach their kids about saving money as soon as they get an allowance, which is when I plan to teach my two children.

Do you think its important to teach kids about finances, investing and creating generational wealth? If so, at what age do you think is appropriate?


From the age they can count from 1-10

yes it's very important that all children know the worth and value
of investing how to manage money and security , time can be
at different ranges of a child but as soon as they can count or
as Pan stated get allowance you should try and teach them how
to save a cent invest a cent and spend a cent wisely ................

I agree with you both Panafrica and $Rich$. I bought this up because at my age, I have just learned even a small bit of what was immensely important and now I have to play catch up because the way I handled my finances is a threat to my future. Oftentimes we don't think in terms of "generations". We live in the here and now, and with all of our other problems as a whole, the way the kids are dying, our generation ends in this lifetime. We have been set up to supply services and monies to keep the generations of others flourishing, but we haven't been taught how to keep our own. The mass collective would rather feed our kids video games and make sure they keep their minds addicted to being a winner on that level, but time is definately money and I think our kids would benefit a lot more learning about these things and keeping their mind set into building the future.

From the age they can count from 1-10
I'm sorry Sekhemu, I missed your post. But I agree with you too. I'm 33 and just now learning what I wish I'd known then. :cry:

Do you think its important to teach kids about finances, investing and creating generational wealth? If so, at what age do you think is appropriate?

Yes. Before 16 you can teach them by giving them an allowance. After 16 they can get a part-time job and learn how to budget themselves.

Yeah, do it early. This way you're investing in them so later they'll invest in themselves.

Should we teach them about investing and how money grows to create an estate? just a little beyond allowance and saving. Like as far as teaching them not to be consumers.

Should we teach them about investing and how money grows to create an estate? just a little beyond allowance and saving. Like as far as teaching them not to be consumers.


Sistah you really ask some da*n good questions :1on1: . You got the God on a mission :thinking:

Should we teach them about investing and how money grows to create an estate? just a little beyond allowance and saving. Like as far as teaching them not to be consumers.

Many of us don't know the answer to these questions ourselves.

Many of us don't know the answer to these questions ourselves.
I agree. I still only have a small morsel of knowledge about it. When I was learning, I though you would think something that important would be taught in school; but of course America wouldn't be what it is, if they let everyone in on what they've know about 4 years. I was just thinking whatever information we come across (i.e Investment forum or in talking to others) maybe we can start sharing it with the kids as well. They love money and building it up, but we don't realize how important it is to increase our net worth. Just thinking...

Many of us don't know the answer to these questions ourselves.

That is very true. However we all can learn more by posting to and reading the investment forum!

I agree. I still only have a small morsel of knowledge about it. When I was learning, I though you would think something that important would be taught in school; but of course America wouldn't be what it is, if they let everyone in on what they've know about 4 years. I was just thinking whatever information we come across (i.e Investment forum or in talking to others) maybe we can start sharing it with the kids as well. They love money and building it up, but we don't realize how important it is to increase our net worth. Just thinking...

When I took my Real Estate course about a year ago, the teacher repeatedly said that real estate should be taught in high school I agree with him completely. There are many things necessary to maintain a good quality of living: How to buy a home, how to balance a checkbook, how to create a resume, how to look for jobs, etc. which are never taught. They need to be, and it needs to be done at the high school level, because most people never go to college (even fewer finish). Even for those who go to college, most of this information is not taught there either.

When I took my Real Estate course about a year ago, the teacher repeatedly said that real estate should be taught in high school I agree with him completely. There are many things necessary to maintain a good quality of living: How to buy a home, how to balance a checkbook, how to create a resume, how to look for jobs, etc. which are never taught. They need to be, and it needs to be done at the high school level, because most people never go to college (even fewer finish). Even for those who go to college, most of this information is not taught there either.

I agree. Subjects like this are usually what makes us or breaks us in a lot of areas or we learn late in life and have to reverse the damage we've done just in not being educated on how to deal with a lot of these things. Plus they didn't want us to be able own anything especially property. But now we can just take our 40 acres and a mule. Yeah I'd say the good o'l boys knew what they were doing in structuring our "mis-education"

I agree. Subjects like this are usually what makes us or breaks us in a lot of areas or we learn late in life and have to reverse the damage we've done just in not being educated on how to deal with a lot of these things. Plus they didn't want us to be able own anything especially property. But now we can just take our 40 acres and a mule. Yeah I'd say the good o'l boys knew what they were doing in structuring our "mis-education"

I left out the importance of having good credit, which is becoming increasing important in this society. Not only is credit important in getting a loan, car, or house....many places of employment today are checking people's credit scores (as well as apartment buildings). Those who do not have good credit are segregated in society.

I left out the importance of having good credit, which is becoming increasing important in this society. Not only is credit important in getting a loan, car, or house....many places of employment today are checking people's credit schools (as well as apartment buildings). Those who do not have good credit are segregated in society.

Exactly. It's kind of scary that our near future and survival in the country is coming down to a mere number.