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How To Teach Your Child About Stocks and Investment?

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The usual concept of traditional learning is to be present in a classroom to learn and understand subjects. However, with the rise of the internet and new technologies, physical presence in the classroom is unnecessary. As long as we have an internet connection, we can learn all new concepts and information with a click of our hand.  

 

According to a recent survey done on the top 10 institutions of the USA, 45% of students preferred virtual schools over the usual way of learning.

 

Some of the reasons why virtual schools will become the future of education are: 

 

  • Online education is flexible, i.e. the students and teachers set their own learning pace. This allows for a better balance of work and studies.
  • Online education offers a wide selection of courses, from emerging trends like artificial intelligence to music composition to quantum physics. 
  • Virtual schools are more cost-effective compared to the traditional method as there are many options through which courses can be purchased.

 

This article will be a helpful guide to the parents who want to impart investment knowledge to their kids & practically make them invest in the stock market. Also, you can witness how virtual learning is taking over the education industry and how it is better than the traditional method of learning. Nowadays, with so many different options for investing your money, you can learn and teach your child where their money is to be invested for their benefit.

 

Key takeaways:

 

  • To teach your kids about the stock market investment and its various methods.
  • How at 21K School, we use virtual learning through our Stride K12- powered learning, an online schooling platform, to help you and your kids by simplifying complex concepts. 

 

What is the stock market?

The stock market refers to several stock exchanges and other platforms that facilitate the online trading of shares. 

 

 

How and why to teach your children about the stock market?

For kids who are interested in or curious about different financial concepts and want to learn how to manage their money, you, as parents, can familiarise them with different ways of investing and various tools and known tricks and techniques which can help them in the future.

 

Some of the basic tools you can utilise to teach children about stocks are:

 

  • Nowadays, as many games are becoming popular among kids, we can sign up for any stock market game. Even if your child has any questions regarding a particular concept, they have the assistance of a support member or the organisation to sort it out.
  •  Make your child read books on investments and the stock market to enrich your child's knowledge of the stock market.
  • Buy your kid a stock to follow through, i.e. to learn practical skills of managing stock and how it can be effectively used in the stock market to attain some profit over it. The things they learn through books can be easily implemented on these stocks to learn, adapt and look at things from a shareholder's viewpoint.
  • We can make them attend classes on investments through our virtual school. With the help of these classes, your child can learn the basics behind investing and the stock market. What more, you can save up to 10% on the program fees if your child is a registered student! 
  • You can make your child attend an in-person money camp or financial literacy camps, which would help them be well versed in the stock market and invest in them.
  • You can make your child work on some worksheets on the stock market and learn how to invest in them. These worksheets would help you with making your child understand stocks and their applications without actually letting them work with real stocks.

 

 

How do virtual schools make your life better?

 

Virtual schooling shares the same meaning as online schooling. It simply means that your student is learning through a virtual platform rather than physically being present in a brick-built classroom.

 

At 21K Skills, with the help of virtual learning, we are making many students understand and implement all the various concepts they learn in real life. With the help of our Stride, K12-powered learning, a virtual schooling platform, we aim to simplify complex topics that the students can study & practise at their own pace and in their place. With the help of virtual schooling, our time management also becomes better as we learn all different concepts at our own time intervals and not similar to the traditional learning method of attending school every day from 9 to 4 and then tutorial classes and so on. In virtual learning, the students can schedule their learning hours, practice sessions and revision classes. 

 

Virtual schooling assesses the students every week through online tests, quizzes, etc., which have a deadline that must be met, but again they can complete these at their own time based on their schedule.

 

 

Words to remember:

Stocks: The capital raised by a company or corporation through the issue and subscription of shares.

 

Virtual: Not physically existing but made available online by the software. 

 

Conclusion:

 

With all the talk about how to teach your child about the stock market and investments, virtual schools aided learning, depicting how rapidly our future generations are growing, i.e. from physical classrooms and workshops to learning various financial concepts from the comfort of their homes! As you are familiar with traditional teaching, where the teachers teach a class of 30 to 40 students at a time, one cannot easily derive if students can comprehend the information at the time. With the presence of virtual schools, students can reach out to their mentors at any time. The rote learning system also waved a happy goodbye, and the focus is set on practising the concepts in real life!