How Our 8-Year-Old Son Started to Invest in the Stock Market

 Playing computer games

Mine craft. Plant versus zombies. Underground car race. Angry bird. You named it.  Justin, our eight-year-old son, knows well how to play these computer games.

Did you know how many times I changed my password? More than 10 times. Yes, you heard it right.

He knows how  to decipher password from swipe mode to pattern lock screen to pass-code until he get it right. He usually rolled his eyes wide-open and took a peep when I turned on the computer screen. Kids today are tech savvy, I guess.

Using computer wisely

I often asked myself how he can be productive when using computer during leisure time. As parent, it is our responsibility to ensure our kids are using gadgets wisely and that they are properly guided, right?

However, this is easier said than done depending whether you are consistent or not. Some options are setting time-limit and creating boundaries when using a computer. Sometimes I allowed him to use computer for useful purposes such as submitting his homework online,  enhancing his drawing skills using YouTube, watching related educational programs, and practicing a storytelling from the Bible.

Integrating financial literacy in technology

Did it ever occur in your mind to teach your children about the importance of  saving and investing using computer? Why? Money management I believe is an important skills that can be taught to children.  Justin and his little sister Gayle have their own piggy bank at home and ensure that they give love offering in the church.

Whenever they helped us with household chores such as sweeping the floor, doing car wash, washing the dishes, and folding their bed, we gave them 20 baht as a reward. This is to remind them that they have to work hard to get or buy what they want. I saw the value of hard-work because I am a working student before.

Opening an account with COL Financial 

It was month of May when I decided to open an account (COL Financial) for him so he can buy stocks and mutual funds.

June 28, 2016.  Justin’s In-Trust-For account (ITF) with COL Financial was approved. Needless to say,  Justin starts his financial journey using an online platform from COL Financial.


Isn’t scary and a daunting task for an 8 year old to invest in stock market? The answer is No. I guide him and sit with him every time he buys stocks and mutual funds.

Investing in mutual funds and stock market

With proper guidance from parent, it is quite simple. COL Financial uses an online platform, which means he can buy stocks from Jollibee Food Corporation and other giant companies in less than 10 minutes. I also showed him my own online portfolio.

I told him he can buy and sell stocks through online. Instead of just playing computer games, I started teaching him how to be financially literate. He’s happy when I explained to him that he is partly a co-owner or shareholder of Jollibee Food Corporation even he’s just in Grade 2.

By the time our son finishes high school, he will have already a college fund. He will no longer be worrying about  tuition fees like his dad and mom. If you want to build a good financial foundation for your children, it’s not yet too late.



Building wealth for college fund

Parents are oftentimes reluctant to teach financial management to children thinking that they are not yet ready to learn. However, failure to gain financial skills at an early age will affect their financial decisions in the future. Therefore, better to get them involved early in proper way how to handle personal finances to be a responsible adult in the future.

Just like spiritual lessons in the Bible, teaching financial education is an important life skill that has to be taught and cannot be ignored. I believe this is one of the best legacies you could give to your children.

“The very best legacy which parents can leave their children is a knowledge of useful labor…. By such a life they show the true value of money, that it is only to be appreciated for the good that it will accomplish in relieving their own wants and the necessities of others, and in advancing the cause of God.”       -Ellen G White,  Adventist Home, page 390


Richly blessed,


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