How To Get Started With Financial Planning For Your Children with Jamie Madigan




The Blissful Parenting Podcast show

Summary: As parents, we want all the best for our children, we want to prepare them for a successful future. So saving and investing even in their very young age is very important. How can we teach our kids about money? What are the benefits of getting started early with financial planning for our kids? How can we do that? Does it make sense to get insurance for our kids? Joining us is Jamie Madigan, a licensed Certified Financial Planner and a legacy insights expert. He’s helping people build a solid financial security foundation and let them fully understand how their investments are performing. Today, Jamie talked about the 2 main reasons why we would want to get started early with financial planning. Well, it’s time to set our financial goals, and prepare our kids for their brighter future! “The sooner we get started with money, and the more often that we top it up or add more money in, the better. We get the benefit of compounding. Our money earns interest and continues to grow. And the interest that we earn gets reinvested. So the sooner we get started with investing, the better because we're giving the opportunity for money to grow, earn more and work harder for us.” - Jamie Madigan