Summary of Teaching my Kids Series – June 2020
In august of 2015 I started this series about the wonderful world of investing. By writing these blog posts I try to educate my kids. And I hope my kids at the age of say 18, will have all the financial knowledge I’m having right now. This would be a huge advantage for them!
I think when you educate kids about money, they will benefit from it for the rest of their lives. Or as the saying goes: “What is learned in the cradle is carried to the tomb”. And to educate your kid is your responsibility as a parent. And I do not take this responsibility lightly!
In this series I write blog posts about all kinds of different investment and financial topics. The post you are reading now is the summary of this series. Every time a new addition to the series is posted, I will also update this post.
I hope you like reading these posts. Feel free to share this knowledge. Together we can keep the “snowball of knowledge” rolling.
Summary:
- Getting to know money and the value of money
- Learning to save and setting goals
- Compound interest
- The first € 100,000 is the toughest
- What is a stock?
- Dollar cost average
- Allowance and learning money
- Why dividend investing?
- First things first
- 3 important dates
- The Rule of 72
- Tracking your expenses and start budgeting
- Work and Money
- Payout-Ratio
- The secret
- What is a bond?
- What is an Index Fund?
- Inflation?
- What is dividend?
- Warren Buffett
- 10 Important money Lessons
- A birthday gift
- Top 5 Investment Mistakes
The list is becoming longer and longer, but fare from complet. DO you mis a important subject? On what kind of topic should I write a post about?
I like to hear from you! Because ideas for a new lesson are always welcome!
Snowball of knowledge
And will you help me to get the “snowball of knowledge” rolling? Please tweet/pin-it/post this post and together we can reach more kids and help them with their financial education.
Cheers,
Pollie
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