Now Talk about Money!

Growing up, 

I know nothing about money.

Your grandma only taught me how to be carful as it is hard to get.

Save, save, save she said

Nothing else..

I will tell you, that's not entirely true.

Saving is important but, there are just more than that.

Son, you gotta know how the world works, how the money works.

You need to discover your worth and makes sure you are able to utilize it properly.

Me and your mom are just lucky that we are not what they say "sandwich generation" at least we do not have to think that much of your grandparents. Meaning, they can take care of themself financially.

So, me and your mom have to work hard that you will have the same privilege. No parents will enjoy their kids' suffering. However, we must not let you be indulged and spoiled.

Thus, you gotta work hard and earn much. You will understand it later.

You need to learn all instruments that prevent you financially poor.

Invest, invest, invest that is something that I want you to do and master.

"Make the money works for you" That's something you need to figure out growing up.

My era and your era will be very different. You need to adapt and learn how to deal with that.

One advice for me is that you need to master what is called by "Compounding effect"

Master that and be the man who controls the money not the one controlled by it.

Remember that, you are a man and you need to in control!


I love you and your sister!

Love,

Dad