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Show your kids the ropes

boy checking his investment portfolio
Greenlight

Greenlight’s Max plan features an investing platform for kids that allows them to research and make trades with real stocks under your supervision. They’ll learn how the stock market works, how to manage their money safely and how to find good investment opportunities.

They can track their progress on the app and see how much money they’ve earned or lost, letting them learn from their mistakes and successes.

And don’t worry about them going overboard on expensive stocks. Greenlight lets them buy fractional shares, so they can grab pieces of their favorite companies like Nike and Apple with as little as $1.

You’ll receive real-time alerts to your phone, so you can approve (or reject) their investment decisions, and you won’t be blindsided by any sneaky trading fees, either.

In addition to the investment feature, Greenlight’s Max plan includes a debit card that lets your kids earn money from chores and introduces them to the basics of banking.

You can use the app to check off chores, load money onto their card and decide how they can use it to save, spend, donate or invest. You can even choose the individual stores your kids are allowed to shop at.

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Give your children a head start with safe money-management tools and real-life lessons they won’t get from school.

Greenlight Max costs just $9.98 a month for up to five kids — and it comes with bonus perks like coverage for lost or damaged cell phones and identity theft protection for your whole family.

So sign up today and get your kids investing with the guardrails on.

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About the Author

Serah Louis

Serah Louis

Reporter

Serah Louis is a reporter with Moneywise.com. She enjoys tackling topical personal finance issues for young people and women and covering the latest in financial news.

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The content provided on Moneywise is information to help users become financially literate. It is neither tax nor legal advice, is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. Tax, investment and all other decisions should be made, as appropriate, only with guidance from a qualified professional. We make no representation or warranty of any kind, either express or implied, with respect to the data provided, the timeliness thereof, the results to be obtained by the use thereof or any other matter.