Intentional parenting is how we raise our children on the things that matter to us. One of them is saving and investing.
One day, our eldest daughter, Summer asked me where to put all her “earned” money. They were just in her wallet. They have a bank account but we all know how that works, right?✌🏻
Summer already knows her numbers and learned about money. We also started teaching her (and Autumn) about the “wants and needs”. I think it’s best to teach her (and Autumn) about saving and investing.
So I contacted a friend, Autumn’s Ninang, who happens to be a financial advisor who handles our accounts, to meet up and discuss our plan.
Our plan is to teach Summer how to save and manage her OWN investment. We were looking for a financial product where she can put her OWN money (even as small as P500) and watch how it grows. We want her to feel accountable so that 10 or 20 years from now, whatever amount she grows here are all hers. Her own effort.
I asked Karen, our friend, to come up with the lowest policy she can prepare so Summer can start. I’m happy that she will be able to check online how her money grows. I also want her to personally ask Tita Karen her questions one day.
I hope and pray that by doing this, Summer and Autumn will one day value their money and learn how to use it wisely because they worked hard to save and grow it. This will also give them the confidence to start their life after college. This will leave them a good mindset regarding money – to work hard for it and invest it THEMSELVES. Anything they get beyond this (from us) are just BONUS.
I hope you learned something from this post ☺️ Let me know if you are interested so I can connect you to Karen.
Disclaimer: I’m not selling anything nor will I get commission. I’m just sharing 🥰