πππAs a loving parent, it is good to set aside some savings for my children. However I want to impart the value of savings to my children too.
So even though I may set aside say 50,000 dollars for each of my child, I would tell them that for university education, it would be a loan that they have to pay back when they are working. That way they would be more focused on their studies and not squander the time and money spent on their higher education.
@Tiger_SG @TigerStars @Tiger_comments
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments
Share. Yes always set some savings
Yes savings for the whole family