Bryson, my 15-year-old gaming enthusiast, needed to upgrade his PC’s graphics card. No big deal, right? But here’s the twist: he sold a Meta stock to fund it.

While he was home sick with food poisoning (ouch!), he aced his math work in just 15 minutes, and no teacher help was needed.

But then, disaster! His graphics card decided to call it quits, which means no gaming for him, especially not the latest game, Starfield. Instead of sulking, he went all MacGyver and started hunting for ways to get that upgrade.

He came to me, asking if he could borrow cash for the graphics card. Instead of handing it over, I threw a little financial math at him. “I could lend you the money, but let’s do some simple math. You get 15 bucks a month as an allowance (yeah, I know, it’s peanuts and matched in his investment), plus you earn some cash mowing the lawn and vacuuming. So, if we skip the allowance, it’ll take you ONE YEAR AND EIGHT MONTHS to pay back $300. What do you say?”

Guess what? Bryson totally got it. He understood right then, and there why it’s a bad idea to dive into debt or spend money you don’t have.

And then, a lightbulb moment! He realized he might actually have the money he needed to buy the card. How? Well, he owns stocks:

Google: $135.79

Meta: $306.24

Nio: $10.00 x 2 = $20

Total: $462.03 as of now

He even started with just $162.97 in Amazon back in March 2022. 😄

Teaching my kids about compound interest and investing is super important to me. So, I laid out a simple plan:

🏦They can “buy stocks” from companies they like (I buy them in my account).

I track the purchase prices.

📈 They can cash out anytime at the market rate and keep all the dough.

I hang onto the stock long-term.

Bryson went all in and sold one Meta share at $299.17, scoring a cool $204.01 profit. Not bad for a teenager, right?

He figured out a way to fully fund his upgrade without going into debt!

He just got a sweet lesson in the magic of compound interest. Sure, I gave him a bit of a head start, but he’s getting the hang of investing, and that’s what matters. His brain won’t know any different. He’s on the road to making savvy money moves in the future too. I’m a proud mama right now!

So, next time you’re thinking about splurging with money you don’t have, think of Bryson. May Set a goal to hustle up that cash first.

And just so you know, I’m not into short-term stock market plays. I’m all about index funds and playing the long game. That’s where the real magic happens. I only have 10% play money to invest in individual stocks, like Bryson. I invest in companies I love and use.

Reply and let me know how you teach your kids to be financially literate (what about your students?), {{ subscriber.first_name | default: “there” | truncatewords: 1, “” | capitalize }}.

Be financially well,

Sybil

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