Thanks FW and Sunshine,
You’re right, kids ARE adaptable and I certainly see nothing wrong with children learning about investments etc from an early age. I know that is one thing missing from most schools curriculum. We teach children how to add, subtract money etc but not to get it to work for them. I’ve done some of this in my primary classrooms – looking at investing in property for example. It’s so interesting hearing their responses to what they’d do with a gift of (say) $100. Most spend it on clothes, toys or lollies (yep all on lollies), but you get one or two saying they’ll save it to buy a house.
Yep, I believe tat I need to now get my act into full steam ahead. I’m getting married in about 2 months, kids (if healthy and lucky) will follow a bit later on. I know I can teach a classroom full of about 30+ kids, so I guess I shouldn’t be scared of one little one! How exciting – I have incentive now. Cheers to all!
Future$
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Hi PeterP,
Thankyou so much for your indepth response to my question. You have obviously thought seriously about my situation, as a teacher by profession I can see the value of modelling positive behaviours, so it makes sense for them to see what it’s all about. My dad is a builder’s labourer and has worked very hard all his life. We never were “rich” financially but we never missed out on anyting either. We are “rich” in other ways.
Cheers. Thanks for for the food for thought![]
FutureS
Thanks so much guys.
I really appreciate your advice. I like the idea of positive cash flow properties, but you’re right- is now the time to buy – not just yet -too overinflated!
As for delaying having kids for 15 years – well that would make me 48 and and the biological clock would be running out of batteries!
I guess careful research and common sense will be useful. Thanks again for your voice of advice.
Cheers.[]