@nguyentay217: Thức ăn hạt cho mèo petQ

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Tuesday 28 April 2026 05:56:19 GMT

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Most parents teach their kids how to spend money. I’m trying to teach my son how to organize it. One of the biggest mistakes people make is putting all their money in one account and wondering where it went. So we’re building a simple system. Account #1: Business Checking Money comes in here first. Business expenses get paid from here. The goal is learning how deductions work and understanding that taxes are paid after legitimate business expenses. Account #2: Personal Checking This is his play money. Food, clothes, games, hanging out with friends. Kids should enjoy being kids. Account #3: Fidelity Money Market (SPAXX) This is where cash waits while earning interest before being invested. Think of it as a parking spot for money that’s waiting for its next job. The goal isn’t to save every dollar. The goal is to create a system where you can enjoy life today while building wealth for tomorrow. Most people never learn how money should flow. That’s why we’re teaching it now instead of when he’s 30. If you’re teaching your kids about money, what’s one lesson you wish someone taught you growing up? Follow @SoCalMinh as we document the journey of turning financial literacy into a family project. ⚠️ Financial Disclaimer: This content is for educational and entertainment purposes only. Nothing discussed in this video should be considered financial, investment, legal, tax, or accounting advice. Always do your own research and consult with qualified professionals before making financial decisions. Investing involves risk, including the potential loss of principal. #millionaire #kids

Most parents teach their kids how to spend money. I’m trying to teach my son how to organize it. One of the biggest mistakes people make is putting all their money in one account and wondering where it went. So we’re building a simple system. Account #1: Business Checking Money comes in here first. Business expenses get paid from here. The goal is learning how deductions work and understanding that taxes are paid after legitimate business expenses. Account #2: Personal Checking This is his play money. Food, clothes, games, hanging out with friends. Kids should enjoy being kids. Account #3: Fidelity Money Market (SPAXX) This is where cash waits while earning interest before being invested. Think of it as a parking spot for money that’s waiting for its next job. The goal isn’t to save every dollar. The goal is to create a system where you can enjoy life today while building wealth for tomorrow. Most people never learn how money should flow. That’s why we’re teaching it now instead of when he’s 30. If you’re teaching your kids about money, what’s one lesson you wish someone taught you growing up? Follow @SoCalMinh as we document the journey of turning financial literacy into a family project. ⚠️ Financial Disclaimer: This content is for educational and entertainment purposes only. Nothing discussed in this video should be considered financial, investment, legal, tax, or accounting advice. Always do your own research and consult with qualified professionals before making financial decisions. Investing involves risk, including the potential loss of principal. #millionaire #kids

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