Nothing says America like going to Disney World and basking in the magical glow of capitalism. Walt Disney came up with the “Mickey Mouse Park” concept in the 1930s, and now more than 100 million people visit Disney parks around the world every year. Chances are you take your family there, and they love it. If that is indeed the case, you might seriously want to consider buying Disney stock. Let’s take a look at seven specific reasons why.
1. Introduces your children to tangible money topics
Money is a difficult concept for children to understand. To them, money appears to be scarce pieces of paper only grown-ups use. Or worse, they don’t even see actual money because you always use plastic and avoid money discussions because you’ve been taught it’s a taboo topic. Luckily, your family vacations to Disney World can not only teach them the basics, but also help set them up for long-term financial success.
Attending Disney World as a shareholder can provide key money lessons your children can see and touch. Instead of merely swiping a credit card for admission use cash, and have your children also contribute from money they earned doing side jobs. This helps teach them the value of money and work. Once they’re ready for more advanced lessons, you can explain how buying shares of Disney makes them a part owner, which entitles them to a share of the profits being earned from the very rides they love.
Much like a grown-up is never too old to have fun at Disney World, children are never really too young to learn about money. Research by Cambridge University reveals by the age of 4 or 5, children already understand they need to pay for merchandise. By age 7, most children recognize the value of money and have developed several basic concepts relating broadly to later financial behaviors.
Next: Don’t let these two things ruin the Disney experience.