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Do you have money plans for your kids?
Umi for Mothers
June 01, 2024
A few things to think about…
Buy when everyone else is selling and hold until everyone else is buying. That’s not just a catchy slogan. It’s the very essence of successful investing
Any fool can spend money. But to earn it and save it and defer gratification – then you learn to value it differently.
One question we would like you to answer…
Do you have money plans for your kids?
This is what I have been rumbling about this week. A lot of parents have the basic plans of saving for their kids. If not anything, at least gifts from their christening and birthdays. But then there are monthly stipends, investment options and trust funds that you could look to put in place for your children. If you do it well, it would have you stress free about school fees and some major money questions for the kids. If you don't already have plans for this, draw up a money plan this weekend. There’s no reason your kids have to go through financial hurdles like you did. That’s not spoiling them. It’s planning for their future which they may not be intimated on until they are of age and can probably manage the assets and money. Let’s get moving, shall we?
One thing to do this weekend
We are going to do some spring cleaning this weekend. Remove those curtains and have them washed. Vacuum the carpets, change the bedsheets, wipe your door knobs, clean your taps. Let’s clean out the dirt this weekend and allow breaths of fresh air into your home. That might just be what you need to clear out your kids’ stuffy noses. And remember, you don’t have to do all these yourself. Hire people who can help or call your family members who wouldn’t mind lending a hand. Happy new month, Gorgeous.
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