Get ready to learn the ABCs of investing with Fidelity's Money Gains—because who said school is just for math and history?
As the school bells start to ring, it's not just textbooks and pencils making the rounds; it’s time for young Canadians to dive into the exciting world of investing! According to a recent survey conducted by Fidelity in partnership with Ipsos, a whopping 78% of young Canadians aged 15-17 believe that investing is crucial for their future. That’s right! These teens are eager to learn the ABCs of investing, proving that today's youth are not just tech-savvy, but also financially savvy!
Fidelity’s Money Gains program is designed specifically for these eager learners. It shines a spotlight on financial literacy, offering resources and tools that demystify the often intimidating world of investing. Imagine tackling your school subjects and then applying that knowledge to grow your money! Learning about stocks, bonds, and mutual funds will not only make high school more interesting, but it also sets students up for financial independence in the real world.
What's even cooler is that this initiative encourages not just individual learning but communal discussions as well. Teens can engage in group activities to better understand the stock market, make imaginary investments, and even see how compounding interest works—with a little sprinkle of youthful enthusiasm! Investing isn't just for adults anymore; it’s a playground for the young, where they can form their own strategies, experience small wins, and learn from losses in a safe environment.
So, let’s take back-to-school season to the next level. Fidelity is not just putting the fun in funding; they are laying the groundwork for future generations to build wealth with confidence. It’s a great way to cultivate lifelong money habits and, who knows, maybe even find the next big investor among us!
Here’s a fun fact: Did you know that the earlier a person starts investing, the more they can potentially earn due to compound interest? A small amount invested wisely as a teenager can grow to be a significant sum by retirement! And while learning about investments, students can also practice budgeting their allowance or part-time job earnings—talk about a financial education on a budget!
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