How would you introduce PM's to your kids?

[Carpe Diem]

I mean from an educational angle, as in how would you teach your kid the basics around precious metals, the importance and value of such things and hopefully planting the seeds for future understanding of wealth preservation away from fiat currencies and savings accounts with paltry interest rates?  

 

For me, it's all about fun in the beginning.  Getting them interested in the colours, faces, animals etc and then in future them seeing how a toy can be bought for x pounds Sterling or x grams of silver or gold, then as time goes on how you need more and more currency to pay for the same items.

 

Interested to know if anyone has ever actively educated their kids in this area, or if not what your suggestions would be.

[motorbikez]

I haven't actively educated my son (he's 10) but he likes silver coins. Exclusively animals or birds,I started off buying them for him for Christmas and birthdays but he has conned quite a few coins out of me.

But he did buy the 2000 Aussie Olympic proofs himself and now his collection is 55ozs made up of mainly 1ozers and a few 1/2 ozers.

[Carpe Diem]

I haven't actively educated my son (he's 10) but he likes silver coins. Exclusively animals or birds,I started off buying them for him for Christmas and birthdays but he has conned quite a few coins out of me.

But he did buy the 2000 Aussie Olympic proofs himself and now his collection is 55ozs made up of mainly 1ozers and a few 1/2 ozers.

do you think he has any inclination as to the importance of stacking such metals as a store of wealth?  Or at the moment do you think it's 100% purely down to the fact he likes them aesthetically?

[motorbikez]

do you think he has any inclination as to the importance of stacking such metals as a store of wealth?  Or at the moment do you think it's 100% purely down to the fact he likes them aesthetically?

 

No he knows they are worth fiat but he just likes the look of them.I'm not pushing him into collecting if he gets fed up that's fine by me but at the moment he is quite chuffed with them.

[Carpe Diem]

I'm not pushing him into collecting if he gets fed up that's fine by me 

 

probably a good way to go to be fair, i like your relaxed attitude to it.

[Cointreau]

Would your kids like this coin?

 

[Carpe Diem]

Would your kids like this coin?

 

 

at 3:17 -  "it's interesting, it's pretty"

 

interesting maybe, pretty no.

 

kind of like what Jo Brand would be, squeezed into a 1 ounce disc.

[tael]

A previous post talked about the value of (or lack there of) rounds.

 

Zombucks, (Provident Metals) was a clever gimmick to market private rounds,

which rides on the fame of a very popular TV show "Walking Dead".

 

I took advantage of this situation by introducing my daughter to silver investing.

She is a big fan of the show and because the coins were "money for the apocalypse",

she became a "Zombucks" stacker.

The value of Zombucks rounds (to me) is much more than spot + premium, It's something that has helped to change my daughter's perspective on precious metals.

Now she understands the value and need to invest in real money and all I can say is...

Zombucks, Thank You...

 

As you can see from a previous post,

I used Zombucks, to introduce my one daughter to silver, as for my other daughter... still looking for a hook