Understanding money early can help students become economically aware and ready for the real world. Start by learning how money grows. Try to understand what ‘Investment’ is; it’s not something only for adults. Students can start by researching how the stock market works.
What is the stock market, then?
People can purchase shares, which are tiny portions of a firm, on the stock market. The value of the shares rises when a business does well. Compound interest allows even modest investments to expand over time by generating income from both your savings and interest accrued. Stock market simulators allow students to practise trading without using actual money. This aids in gaining knowledge regarding market trends, revenue generation, and risks.
Working on side projects is another method for earning income. Students work as tutors, freelancers in social media management, video editing, and writing, or they start some small businesses online. Both income and skills are developed through these activities.
Reading books, watching finance videos, or following news about global markets can give real insights into how money moves.
