How Do You Prepare Your Kids For Financial Freedom

…Mey here blogging on a beautiful and breezy Sunday evening, daddy’s got Benji playing on the Ipad with Jordan, giving me a little time to do my daily blog on the important topic How Do You Prepare Your Kids For Financial Freedom…

…the main skills you need is to save money and to invest it wisely, and also to control expenses…

…so how do we teach this to our children?

…as a couple, we have set up a HUTMA (trust account for minors) for our 2 year old son Jordan, and already invested most of it in a 1 year 3% bond…

…we hope to teach our son responsible use of his money be giving him an allowance and having him learn to save and spend wisely…

 

…Mey here blogging on a beautiful and breezy Sunday evening, daddy’s got Benji playing on the Ipad with Jordan, giving me a little time to do my daily blog on the important topic¬†How Do You Prepare Your Kids For Financial Freedom

…the main skills you need is to save money and to invest it wisely, and also to control expenses…

…so how do we teach this to our children?

…as a couple, we have set up a HUTMA (trust account for minors) for our 2 year old son Jordan, and already invested most of it in a 1 year 3% bond…

…we hope to teach our son responsible use of his money be giving him an allowance and having him learn to save and spend wisely…

…and we are keeping his money in a HUTMA for him to manage when he is 18 years old…

…we hope to have him start making management decisions earlier than at 18…

…we believe that giving our kids the freedom to learn is the only way that they will learn…

…I’ve seen some parents that pay for everything their kids want, let them use a debit card and when they go overdrawn, just give them more money…

…these parents often wonder how they are going to teach their children successful money management…

…I wonder why they don’t just let their kids get a part time job and handle their own account!

…and if they run out of money, they run out of money, no need to give them anymore!

…that’s just my opinion though…

…what’s yours?

…how do you teach children to be financially free?

 

P.S. I blog about Financial Freedom because I love it…

…I love it so much that I blog about it 6 days a week…

…and it only takes me an hour and a half a day, and also helps me make money on the side too…

…you may be surprised at how much money you can make blogging about what you love…

CLICK HERE , watch the free video, and get started!

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