Letters To My Daughter

Who gets to give names to specific celebratory months? Have you ever wondered? For example, April is National Humor Month, National Internship Awareness Month, Inventors’ Month, Jazz Appreciation Month, Cannabis Month, National Alcohol Month, and the list goes on and on. I would like to focus on April as National Financial Literacy Month. Why? Because Tax Day is just around the corner! It’s important to talk to young people about financial literacy. The most valuable thing that young people have on their side is TIME. Just putting away small amounts of money—and starting while you’re still young—will yield amazing results! Show Highlights: Money invested over the long-term will DOUBLE on average every 7 years Diversified mutual funds are best, and it’s essential to get a good financial advisor It doesn’t take a LOT of money—the important thing is to just GET STARTED Delaying by just a few years can make a difference of MILLIONS  Why? Because of the power of compound interest As an illustration, would you rat