Our most exciting investment thus far... & who knows what the return on this investment will be!
We don’t need research to tell us that every parent wants the best for their children. Kate & I are no different and that is why we have started an education fund for our daughter Maddison. We now spend our money a little more consciously knowing that every dollar saved is a dollar invested in our daughter’s future.
We stay open minded as to what fruits will come from this labour; be it a fundamental education, worldly travel, sport, music, art or helping her fulfil a dream. The options are endless and the real return may never be known. They say money cannot buy happiness but the journey we have started is so far doing exactly that.
Here’s the best bit, it really is easy to set up an account for your kids. There’s even apps now that do it all for you. Just remember that when researching different options take note of fees, possible taxes and how you’d like to invest the money. I.e. for longer-term growth or shorter-term safety.
Imagine the surprise at their 18th birthday or maybe you engage them earlier so they learn the value of saving... its your call. So, what are you waiting for? Take action, save a small amount regularly and let time do the rest. Safe to say it will change your children’s future!