Making Money

The minimum age to use most blogging platforms is 13. Younger kids can still blog, but you’ll have to set up the blog and assist. 13 is simply the minimum age for your kids to set up a blog of their own, on their own. There are many benefits to blogging for your kids, so let’s dive in to see how blogging can improve their life and yours, because I truly believe it can.

Passive income: making money while you sleep. Sounds great, right? This is the entire idea behind “retirement.” I use quotations, because most people nowadays agree that retirement simply means not having to work — it doesn’t mean doing absolutely nothing (how retirement used to be viewed).

It’s hard to look at retirement statistics and numbers across generations, because of proportionality. Baby Boomers (born 1946-1964) have saved the most, followed by Generation X (1965-1978), and then Millennials (1979-2000). And of course that makes sense because the older you are, the more time you’ve had to save.

Investing isn’t something we’re taught in school. In fact, finance in general usually isn’t taught in school. I don’t blame the schools, because most teachers don’t feel qualified to teach such a class. There are plenty of other reasons why finances aren’t taught in schools.

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.