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MONEY FOR TEENS

HOW TO INVEST MONEY if you're just 14?

Everybody in our big world wants to earn a lot of money (let's be honest). Everybody knows or at least heard about investments. However, NOT everybody uses these as the source of earnings.

In this article I want to tell you a story of a little 14-year-old girl, who started investing, while other teenagers were procrastinating on the Internet.

To begin with, my favorite table game has always been the greatest alternative variant of "Monopoly" "Business life". In this game the term 'Stocks' had been already well-known by me.

It breaks your financial mind
It breaks your financial mind

This game is really teaching what the finances and money are(it is not an ad). I played with my relatives, learned about money, and won. All the time.

So, if this game was the only part of my story, I would earn abundance of views simply so, but it is not.

When the pandemic started, everything started to fall: businesses, stocks, bonds... Once upon a time I sat in front of a TV, saw this pessimistic picture, and I asked my mom: 'If all the stocks are insanely low, it is a great chance to buy it'.

This phrase is like a ticket to the train where I am now because if I didn't think about this, didn't watched this TV program, maybe I would not consider this as long as my old age comes.

My mom wasn't so amazed by this idea, she just said that when I would study the whole topic, I could open my own brokerage account. How you can understand, there was no way but start googling the information in the Internet(thank God there is a lot of such stuff).

Then, I was spending the whole summer for recognizing what the economics terms mean(in the next posts i will recommend resources for it).

And the most epoch-making moment in my life is August 17 of 2020(by the way, it is my birthday), when I opened my brokerage account.

All felt...

TO BE CONTINUED...