As an accountant, I've watched too many adults learn about money too late. My kids won't be among them.
My kids know financial security isn't magic. As a CPA, I'm teaching them what it takes to build financial success for themselves.
As a certified public accountant, the author has witnessed many adults struggling to understand basic financial concepts for the first time. She wants her two children, aged 17 and 18, to avoid this fate. The author believes that teaching her children about budgeting, taxes, investments and the importance of their money making more money is crucial.
From an early age, her daughter started working and her investments grew through compounding interest. The author discusses the importance of saving for retirement even at a young age and explains how taxes work with her children. She emphasizes that financial security appears effortless on the outside, but it requires years of proactive planning and consideration.
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