How to Teach Teens About Investing

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It’s never too early to start investing. And it’s very probably true that providing a spark of interest, and perhaps a little targeted guidance, to your teen about investing and personal finance can set a remarkable stage. But who better to talk about teaching teens about investing than a teen?

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In today’s guest post, we will hear from a member of the next generation about investing – and how to reach that cohort and impart upon them the crucial fundamentals of building wealth.

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My name is Jack Rosenthal, and I’m the 20-year-old author of the #2 best-selling book on teenage investing. As a teenager myself and one of the top teachers to teens on the subject of investing I thought I would be well-positioned to write a blog post on this topic. I’m going to try and gear this article toward physician parents but it’s really relevant to all parents.

How to Teach Teens About Investing

First, start getting familiar with money early on. Although the amounts change over time, the fundamental nature of how money works stays the same.

I started investing at age 8 – I have yet to hear anyone beat that one – and starting early sure paid off. Now, I happen to have started investing at the beginning of one of the greatest market runs in history from approximately 2010 to 2020, but starting early would have allowed my money to compound regardless of when I started.

Third, get some source of income. Because money compounds over time, and considering that a teenager has virtually no expenses when you’re a teenager, $1 when you’re a teenager is worth a lot more to your lifetime savings than $1 when you’re an adult.

Now this is obviously highly dependent on your family financial situation, but since many of the readers of this blog are relatively high-earning physicians who have kids in situations where all primary expenses are provided for them, there’s no reason why the vast amount of money that a kid earns cannot saved and invested.

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How to Teach Teens About Investing

It’s never too early to start investing. And it’s very probably true that providing a spark of interest, and perhaps a little targeted guidance, to your teen about investing and personal finance can set a remarkable stage. But who better to talk about teaching teens about investing than a teen?

In today’s guest post, we will hear from a member of the next generation about investing – and how to reach that cohort and impart upon them the crucial fundamentals of building wealth.

How to Teach Teens About Investing

First, start getting familiar with money early on. Although the amounts change over time, the fundamental nature of how money works stays the same.

Teach Your Kids How Money Works

Invest Early and Often

Third, get some source of income. Because money compounds over time, and considering that a teenager has virtually no expenses when you’re a teenager, $1 when you’re a teenager is worth a lot more to your lifetime savings than $1 when you’re an adult.

Have Your Teens Earn Income

Managing the Money

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