Want to teach your kids how to invest? Here’s how to get started
Fundamentals like saving, spending, credit, debit and debt, should be taught early and often, so kids understand money as a concept before getting into the specifics of investing.AI SOMEYA/iStockPhoto / Getty Images
Young Canadians are increasingly interested in investing – even more so than previous generations.
A 2024 survey by TD Bank found that 68 per cent of Gen Z – those aged between 13 and 28 – are investing consistently on a yearly basis, the highest percentage across any age demographic. Other surveys suggest that Canadians are getting curious about investing even in the teen years: A 2023 survey from RBC and Leger found that 63 per cent of Canadians aged 13 to 17 planned to invest.
In Canada,…