Smarter, not harder. That’s the goal, right? In investing, smarter can mean a lot of things, but one of the easiest ways to invest smarter is to invest younger. These are eight reasons it’s so important for your kid to start investing as early as possible. There are many more reasons I’m sure, but I feel like eight is enough.
One teacher can make an everlasting impact on a child’s life. Think back to your days in school. I’ll bet you had a good teacher—hopefully several—you still remember to this day. A child spends more time in class than at home, on a typical school day… if we don’t count sleeping (at home, not in class). The time our child spends in school—the most developmental years—is valuable.
People are starting to realize that tools like 529 plans exist to help with college savings. It’s time to get into an in-depth explanation (i.e. everything you want to know, and things you probably didn’t care to know) about these college plans that are growing in popularity.
Consumerism affects our children daily. Parents expect to spend close to $1,000 on Christmas gifts for their children each year, and somehow the average shopper manages to rack up even more than that in holiday debt. We’re teaching our children that they deserve a big Christmas, and that presents come before financial responsibility, while neither are actually true.
How many things do you own? You probably have no idea, unless you’re weird or a minimalist who can actually count them. If getting rid of 5,000 things peaks your interest, you might just be a minimalist in the making. But before we dive into what it means to be a minimalist, let’s talk about what minimalism isn’t.
What do your mornings look like? Do they look more like peaceful time together with your spouse and kids, or more like… chaos? Peaceful mornings are possible, but it takes a little preplanning. Let’s talk about the ideal rituals and routines you can implement with your family. Mornings should be something to look forward to.