Let’s get the conversation deeper with our children about STOCK. 

Mom or Dad, how do you purchase a stock? 

Buying a stock is like shopping online, but instead of buying things like toys or clothes, you're buying a small part of a company. 

1. 1. Get a Brokerage Account: First, you need to open an account with a company that lets you buy and sell stocks. These companies are called "brokerages." You can do this online through websites or apps. Your parents need to help you with this if you’re too young. This is the essential part of starting to buy a stock, please check the companies very carefully, make sure the companies are not scams, legit, and trustworthy. 

1. 2. Deposit Money: Once you have your account, you’ll need to put some money into it. This is like putting money into a piggy bank so you can use it later to buy something.

1. 3. Place an Order: Next, you need to decide which company’s stock you want to buy. This could be a company you like, such as one that makes your favorite toys, games, or snacks. You can research the company or ask your parents and family for advice.

1. 4. Buy the Stock: After picking a stock, you’ll need to tell your brokerage how many shares you want to buy. This is called placing an "order." You can buy one share or many, depending on how much money you have and how much the stock costs.

1. 5. Watch Your Investment: Once you place your order, the brokerage will buy the stock for you at the current price. If the price is right, your order will go through, and you’ll officially own a piece of that company.

1. 6. Get a Brokerage Account: After buying the stock, you can check to see how it’s doing. If the company does well, the value of your stock might go up. You can choose to keep the stock for a long time or sell it if you think it’s a good time to make money.

Buying stocks is a way to invest in companies you believe in and potentially grow your money over time. AGAIN, by buying STOCK it doesn’t mean that your money will grow as quickly as you expected. It takes time and you can’t be rich just buying stock. There is no guarantee that you will have the same amount of money you put in. The amount will gain or even become less, go down.

REMEMBER, the only way to get wealthy is to be WISE with your MONEY.