Teen Millionaire Clubs

Even experienced investors find it helpful to have a support group to answer questions and to open networking opportunities. Here is an idea for potential millionaires in high school and college to create a Teen Millionaires’ Club which fosters an environment for mutual support and exchange of ideas as they begin their journey to buy their economic freedom by becoming millionaires.

Mission:

To create a mutually supportive, learning environment in which young adults can learn to achieve their savings and investing goals.

Club’s Initial Resource Requirements:

Club Sponsor: For example, an instructor interested in helping teens to learn to be financially independent.
Meeting location.
Meeting Time(s). (Perhaps once or twice a month depending on desire to exchange information and speaker availability.)
Officers...President, Vice President, Secretary.
Board Members, including Officers and Key Committee Chairperson, such as a Program Committee (for Savings and Investing) and Membership Chairperson.
Meeting Agenda

Potential Meeting Agenda Items:

While every club will be different, here are some agenda ideas:

Officer and Chairpersons’ reports.
Savings Bragging: Time to Brag about saving successes.
Savings Help: Time to Ask for ideas/ help in earning money to save.
Investing Bragging: Time to brag about investing successes-good mutual fund ideas.
Investing Help: Time ask for help in investing.
Continuing Education Ideas.
Speaker or Member presentation: Presentation on a Saving or Investing topic, or a review of good websites, investing books/magazines or other information resources.
Set Next Meeting Agenda, Location and Time.