Teacher, what is Forex?

I love kids, and that is primarily the reason why I chose to be a teacher. I handle pre-schoolers, and I love them for being so inquisitive. I believe it is the time when these toddlers start to wonder about their surroundings, ask questions, and never stop until you have satisfied them with your answers. Most of the time they would come to me, climb up the chair beside my table, and ask even the most unimaginable questions. But I love them for that.

One day, I was busy checking their homework when Marc, a cute little blonde came up to me and asked, “Teacher, what is forex?” I was startled. I often hear of such a term but never really got the energy to know more about it. So I asked him where he heard of it, and he said his mom and dad had been arguing about some money they lost to forex trading advice trading. So he was eavesdropping!

To cut the conversation short, I plainly explained to him how adults tend to make money out of it. I was really mindful of the terms I had to use, given the fact that Marc was just 5 years old. I was obligated to make him understand the term by making it less complicated.

Being clueless about it myself, I had to make a mental note to research on it first thing in the evening. I think it was a wakeup call for me—that I better start engaging in intelligent conversations with my dad with regards to the topic of finance.