About 'chartered management accountants'|Chartered Accountants and the Battle of Manitoba
Several studies have shown that investing at a young age pays off and can help children understand complex financial decisions better. CNBC recently highlighted how new games are targeting children to teach them about investing and saving. There is a movement to make financial lessons a part of every child's education. Eileen Reid, a teacher from Maryland, explains that she uses the JA Finance Park Virtual game in her lesson plans. Students learn about finances, budgets, savings and bills as they go through the online program. Learning about investing at a young age can lead some of them to pursue careers in this field. Tom Dyson, a contributor to "The Palm Beach Letter," is one example of how investing can become a lifelong pursuit. Dyson bought his first stock at the age of 11, and this early investment sparked his interest in finances. He went on to graduate from the University of Nottingham and joined the Chartered Institute of Management Accountants. The stocks he bought at 11 led Dyson to eventually work at Salomon Brothers, Citigroup and to write "The 12% Letter." Reid explains that giving children access to games and tools that teach them about investing is crucial to building an early understanding of financial markets. This allows them to be better prepared to handle their own bills and investments once they grow up. Tom Dyson mentions that education does not stop once you are out of school, so he has dedicated his time to writing books and articles that help adults stay ahead of changes in the financial markets. Dyson explains that the stock market can provide valuable lessons about the world that can be useful for young investors. CNBC points out that fighting financial ignorance is something schools are starting to recognize as an important part of the curriculum. Before children graduate from high school, they need to have the chance to learn about handling their own finances effectively. |
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