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Saturday, December 16 2017

Financial education

BusinessI just read a review of The First National Bank of Dad and I'm intrigued. I can't imagine very many folks would have the time, ability, and interest in running a "stock market" for their kids. In fact, I think the "stock market" idea could be more damaging than good in the hands of someone less skilled than the author. After all, what the kid's likely to learn is that the stock market is incredibly risky and that it's too hard to have informational advantage. On the other hand, if the parent is skilled, they can use this as an opportunity to demonstrate the financial value of information and research.

Whatever. I'd better get this book before Buko's old enough to have an allowance. And then I'll probably spreadsheet (Thank you StarBASIC) solutions for managing this sort of thing.
Financial education | 29 comments | Create New Account
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