Start 'Em Young
Intelligent and disciplined saving and investing strategies are life skills not sufficiently explored in most schools. Yet, these are two of the most important concepts kids can latch onto at an early age. The powerful tenets of paying yourself first, investing in quality companies, compounding, and reinvesting dividends are most dynamic and powerful when implemented as early in life possible. It's up to us as parents to develop these skills and instill responsible financial habits with our children.
Each month, I sit down for an investing lesson with my daughter Lucy. She