Per a 2015 PISA Study, 22% of teens lacked a foundation in basic financial skills. Some of these skills include building a budget, learning about interest rates, loans, and credit cards.
These skills might seem simple, but they’re rarely taught at home or even in school. They also serve as the benchmark to a successful life and more advanced financial concepts like investing.
So what is the best way to give your child a head start?
Simple.
Open a Fidelity Youth Account so they can learn these basics with free, easy-to-understand content. Some content includes free videos, blog articles, and even live webinar series. Due to the internet, it’s never been easier to learn these key topics from anywhere for free!
Master These Basic Skills With A Fidelity Youth Account!
Teens as young as 13 can start investing and learning about personal finance with a Fidelity Youth Account. They can even start investing with just a dollar into typical investments like stocks, bonds, and mixed, low-cost ETFs in fractional amounts.
They can save even more money since there are no account fees, minimum balances, ATM fees or other surprise fees.
Open a Fidelity youth account today to receive $100 and $50 for your child.
The Fidelity Youth Account can only be opened by a parent/guardian. Account eligibility limited to teens aged 13-17.
¹Limited Time Offer. Terms Apply. Before opening a Fidelity Youth Account, you should carefully read the account agreement and ensure that you fully understand your responsibilities to monitor and supervise your teen’s activity in the account.
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© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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