Teach your kids about gambling, AND investing (and the absolute sorcery that is compound interest). There's no house edge when it comes to investing (especiall

Teach your kids about gambling, AND investing (and the absolute sorcery that is compound interest). There's no house edge when it comes to investing (especially in the days of $0 commissions), and if you're talking securities rather than derivative contracts, usually, if you lose, you don't lose your entire bet. And meanwhile, closely tracking your companies to see what's worth buying is bound to be more educational than tracking stats for an athlete, as it turns out, learning the ins and outs of how companies work can teach you about jobs that exist that you never knew about. You almost need to be taught a good amount about gambling to see just how different thoughtful investing is from actual gambling (particularly when hearing folks less educated equate the two).