Amy asks “How can I get my kids interested in investing? And where should I start?”
To help me answer her question, I invited Rishi Vamdatt to the show. Rishi is an 11-year-old financial educator who is the creator of Easy Peasy Finance, a YouTube channel focused on helping kids learn about money.
Rishi’s knowledge of investing is incredible. You have to hear and see it to believe it!
Episode Overview
Rishi and I review the following:
- How to get kids interested in investing
- The decision between kids using your parents brokerage or having their own
- Why kids need to start investing sooner than later
I was blown away by this conversation. Rishi is a financial educator who is focused on simple, smart, and effective investing strategies. I am so glad to have been able to learn from him!
LISTEN AND SUBSCRIBE ON:
Guest Bio – Rishi Vamdatt
Rishi Vamdatt is the creator of Easy Peasy Finance, with a mission to spread financial literacy by breaking down complex financial concepts. Since he was 6, he has been fascinated with the world of personal finance – reading personal finance books, and investing all his allowance in stocks to build his retirement fund.
He has been featured on CBS as the “11-year old whiz kid who offers free financial advice to thousands online”.
Rishi Vamdatt Resources
- Website: Easy Peasy Finance
- Social: Instagram
- YouTube: Easy Peasy Finance
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- Kids Books About Money: 10 Children’s Stories to Promote Financial Literacy
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- Financial Independence for Kids – with Doug Nordman
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MKM Podcast Resources
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Carpe Diem Quote
“When there are multiple solutions to a problem, choose the simplest one.”
― John Bogle
What do you think about investing for kids? Do you agree with the advice from Rishi Vamdatt?
Please let us know in the comments below.
