a Clean environment -- one goal of socially responsible investors

The Case for Investing Homeschooling

Reading, 'riting and 'rithmetic are no longer sufficient to guarantee a decent standard of living for your kids. Here are a few reasons why you have to take the lead in helping your kids become savers and investors from home.

  1.  Schools Can’t Help. You won't get much help from the overburdened school systems around the country. Basic academic and related social issues are their main concerns, not financial literacy.

  2.  Dampening the Shock to Adulthood. You can lessen the shock that your kids will inevitably face in saving and managing their money once they leave the nest. Most parents raise kids and then send them off into the world, expecting them to be immediately financially literate/responsible in college and in early adulthood.

  3.  Diminished Safety Nets in the Future. Future generations face the prospect of diminished social safety nets (such as reduced Social Security benefits). In the future, they will also have to shoulder more of their own education and medical expenses as the government and companies increasingly implement money saving measures.

  4. The Arrival of the Freelance Economy. The freelance or “Gig” economy means that in the future, there will be fewer permanent jobs. That’s right – the workforce of the future will be made up of more freelancers than today. Just take a look at the growth of sites like Fiverr, Upwork, and Freelancer.com. Through these sites, you can hire professionals to produce videos, provide graphics, write programs, and many provide many other high-skill services.

  5. New Technology and Platforms Can Now Help You. New technology such as investment/savings apps, no-cost online brokers, and banks (such as Acorn, Sofi, Loved.com, Cooper Banking, etc.) that have made it easier for you to teach your children about investing. In addition, your kids now have the ability to create dummy trading portfolios to practice buying and selling stock. There are also a handful of investment sites that can help your kids learn about investing. Here is a course that can help aspiring teen investors.