Tag Archives: grandkid

How do I talk to my grandkids about money when their parents won’t?

When talking to younger kids I recommend talking about planting a tree. If possible, plant a physical tree (this can be started at any time).  Investing money and planting a tree have a lot in common.  Investing in a growth mutual fund grows money over time. The longer the time the bigger the amount. Talk […]

Save a dollar a day for financial freedom

Can you give retirement?

Yes! In the form of the parent or grandparent “401(k).” One of the most overlooked financial opportunity is starting a Roth IRA.  The second a child or young adult earns any income it can be contributed into a Roth IRA and compound tax free. Babysitting money,  mowing lawns, raking leaves all qualify as earned income. […]