Many teens and young adults work part time jobs during high school and college but usually spend just about everything they earn. It may seem like no big deal, but what if they could save some of what they earn for later and learn important investing basics along the way?
The new Stash app is a great way to do just that!
A Stash account can be funded with as little as $5.00.
Automatic funding on payday can instantly sweep money into the account.
Students learn the fundamentals of investing with the money they save.
Students are encouraged to contribute often as they can see their investment status daily on their smartphone.
This doesn’t replace a certified investment or financial planner, but it is a great little tool for anyone that is new to investing or has a small amount of available funds to begin.
We are big advocates of teaching financial literacy to those we serve, so if you have any questions just give us a call.
Here is the Stash app link just in case you want to check it out. https://www.stashinvest.com/