Kids Stock Market Education Can Be Fun?

Start Kids Young

Kids stock market education should be taught, beginning at an early age.

The stock market may seem too advanced for your young one. But as with anything, the younger your start the better you become.

You will know whats appropriate for your child. His age and understanding will pay an important factor in determining this. Many children would rather play video games. But, it is your job to make it interesting.

Make Financial Education Fun

Kids stock market education should be fun.

Good news, this is not too hard. There are just a few basic things you need to understand.

Find a system and stick with it. This is just like with basic parenting. So, you already have the basics down.

Kids like games. Make learning a game. Put them in competition up against their friends. They will be doing it for the prize and you will be doing it for they’re future.

Create The Rules And Stock With Them

All kids stock market education games need rules.

Start by telling your kids to pick a stock. This can be done online through paper trading. They can buy stock long or short stock. You may want to stick with buying long till they get that down.

You can put them in competition up against they’re friends and siblings.

Be creative. Kids get excited about small things. So, you can give them rewards such as games, special trips (mini golf, chucky cheese), or cash.

You know your kids better than anyone else. So, play to your kids’ attention span in a way that they don’t loose focus.

Getting The Knowledge Snowball Rolling

Now begins the learning part of kids stock market education.

After you have a system set up, you can start from the beginning teaching them actually which stocks to buy and which stocks to short.

Kids learn about things that happen in the real world. If not on TV, then at least in school. Since most things that happen in the real world effect the stock market, this can be a good learning experience.

You can talk to your kids about current economic events that they would be interested in and how they relate to the stock market.

More Advanced Investing

In time you may want to introduce your kids to technical analysis, which is my preferred trading method. Technical analysis is the other way to research stocks.

With this technique, you strictly focus on the stock chart. You can overlay it with indicators and oscillators. But, you will want to start with the basics: price, volume, and long term moving averages.

Remember, start early. Create a game that works for you and works for your kids. Then stick to it.

Do you want to be financially and physically fit?

I really liked reading advice about being financially and physically fit together on a recent online excursion. It seems that the two things can go hand in hand. So I decided to experiment with part of the article

Joining a Gym, or Leaving?

It seems really obvious that joining a gym and then not going every day isn’t really a financially sound practice, but I got so used to belonging to the gym that I basically stopped thinking about physical activity anywhere else.

It’s sort of like the dishwasher breaking and panicking that there are no clean dishes without remembering that you can hand wash dishes by hand. I just stopped thinking about physical exercise outside of the gym.

This article definitely broke it down into actual money I can save. So before terminating my gym membership which is actually cheaper than the $125 fee mentioned in the article, it costs $80 a month so it’s actually less than three dollars a day, I figured I’d try exercising outside of the gym, just to make sure.

Walking: The first thing that’s weird about walking rather than going to the gym is that there’s no machine telling me how fast I’m going or how long I’ve been at it or whether my heart rate has reached some optimal level. All that stuff is easy to readjust to for a few days just by committing to an amount of time you’re going to walk.

The second thing that took some adjustment was creating a walking route. For some reason it’s easier for me if I have a planned route. So I started with the whole around the block thing which didn’t take up the 45 minutes I know I should be spending walking. The simple solution for me was walking to some nature trails that are about three blocks away from my home.

The third thing I discovered is that I’d come to rely on the TV at the gym. Suddenly I was looking at my surroundings instead of watching TV. Trying to pick up some speed is a sure cure for the TV withdrawal. Paying attention to the ground also takes more focus than moving on a gym machine so I’m missing the TV less.

But I’m not an all-weather walker yet. If it’s raining, I’m not out there. Maybe I will at some point, but it hasn’t happened yet. When I start getting annoyed with myself on days I don’t go outside because of the weather, I think about the days I didn’t go to the gym either! Those were not a few, I can tell you!

Doing some exercises inside can fill the gap but I haven’t incorporated a great routine into my bad weather workouts yet. Also I found out my gym needs thirty days notice for me to terminate so if you’re thinking of doing this, you might want to find out the kind of notice your gym requires. And watch for any penalties that you may get, those contract clauses can come back to bite you!

Lunch Time

As far as the eating smart and saving money advice in the article, I liked the idea of purchasing gourmet meals from the grocery store. Still, I have to admit I like going out for dinner sometimes. There are some pretty reasonable places to eat in my area so instead of going to the most expensive places I can go to one of the less expensive places.

But if food variety is the issue for you, those gourmet meals in the food store sound like a great alternative to try. I do like the portion control (and calorie control) of pre-made meals which kind of force you to stop over-consuming, just make sure you don’t buy the double packs, or extra large servings. So I’m sure I’ll be trying them at some point.

Get a Life Cycle/Bicycle?

And you’ll notice I didn’t talk about the life cycle or bicycle. I’ll be damned if I actually know what a life cycle is! I did ride a couple of ‘special’ bikes at the gym, but I couldn’t remember if that was what they were called. And for bicycling, I’ve never been good at that, … I always get a sore ‘behind’ much quicker than my patience running out. So I’m not sure I’ll be trying either of those out any time soon!

Make Sensible Decisions

Sounds obvious, but there are times where we are spending money and we may actually be impairing our health. So look at your spending, check out the AceCashExpress Blog for some helpful financial advice.

Did you like this blog review? Are you financially and physically in shape in 2012? Or have you already broken your 2012 Resolutions? Share!

Story: The Box – How containerized shipments changed the world, the WTO, and your life

This story is one that was featurd on BBC News/Worldwide yesterday around lunchtime: The Story of the/a Container Box.

bbc the box

The BBC says:

BBC News embarks on a unique project telling the story of international trade by tracking a shipping container around the world for a year.

The idea is devilishly simple: follow the box around the world and track its movements, contents and journey. Then report on TV each stage of the way. Viewers can follow the story on the website, on the TV, and on GPS. There’s not much on the site yet, except for a good story on how the container system was first created by Malcom McLean. It has revolutionized trade since then, especially for NICs, like Taiwan. Should be worth watching as this is one fact of life that has helped our dollar go further .