What would you give to know what you do now about investing when you were 14?

If your answer is an arm and a leg then why not help your kids, nieces, and nephews learn this skill when you wished you could? There are now options for opening investment accounts for those under 18. While you plan and support their future, teach them how they can plan to support themselves!

What does a youth investing account teach?

• Wealth creation/preservation

• Cost/Benefit analysis

• Saving vs investing

• Risk management

• Compounding

• Goal setting

What kind of impact would this knowledge have?

Motivation for achievement, confidence in making decisions, and a sense of wealth not only in monetary terms but also in available life options. With an understanding of the financial system, they can make it work for them instead of their working for it. Knowledge is power, and early financial education is empowering young minds in cultivating their mission.

What is the best youth investing account?

There are several in the market. My personal favorite is the Fidelity Youth Account for its 0 Fees, debit card, and parental monitoring. I recommended it to my sibling for her kids - gifts are easy this year!