I’ve been thinking about one of my favorite memories of my dad—something small, but incredibly impactful.
He used to teach my kids (and all of his grandkids) about the value of investing in a way they could actually understand. He would ask them, “Can I borrow $1?” Then he’d say, “If you let me borrow it, I’ll come back in a few weeks and double your money.”
At first, they were hesitant but once they gave it a try and saw their money grow, they were hooked. It was simple, but it taught them a powerful lesson: when you invest wisely, your money can work for you.
Now as a financial advisor, I see how important it is to start these conversations early. Helping kids understand the basics of money like saving, investing, and patience lays the foundation for financial confidence later in life.
Whether you’re raising young savers or looking to strengthen your own plan, those small lessons really do add up.
