SAVING FOR THEIR FUTURE: PUTTING MONEY AWAY FOR YOUR CHILD’S FUTURE

Person Holding Piggy Bank

“Start before they get here.”


financing your offspring

You might want to know, when is the best time to start investing in your child’s future? And when I say invest I mean putting away money for them for when they reach a certain age. The money should be used for their college education, or when they become an adult and want to purchase their very first home. Or better yet, if they want to embark on their very own business, the money will do them wonders. Now you have to ask yourself a very important question. When is the best time to start investing money in your child? Is it before they are born, when they are young, or a little later in age like adolescence?

what can you afford

Think about the amount of money you have to put away. Don’t put yourself in the poor house trying to save for your child. Understand that you have to live while you save. So you might only be able to put away $20 here and $50 there for their future. But over the course of 18 years, 21 years, or maybe that first house at 25 years, the savings is possible. Just be aware of what you can and cannot afford. Don’t try to stretch yourself out too far when putting away money for them. Understand that life is a marathon applies to saving for them like building your success.

it’s a family affair

Bringing your child or children in the loop is a good way to aid in their building of finances for themselves. When I was in high school, I had a job in retail, but didn’t save any money because the pay was so low I could only really afford gas. But what happens when you’re growing up in a house where parents already are in the process of setting money aside. You can now afford to assist considering it’s your money being built. And you have a disposable income, so you can actual put in more than your parents.


Personal Website: http://www.faheemjackson.squarespace.com

Instagram Me: @theefaheemjackson

Twitter Me: @2320howe

Author: faheemjackson44

I am from Racine, Wisconsin where I was raised until I graduated high school back in the year 2006. That entire time growing up in my mother's house, I was a student athlete. My goal was to embark on a general business career or athletics. But injuries through sports stopped a sports path, so I decided upon business with a focus in marketing. While attending undergraduate school at University of Wisconsin-Parkside, I began to write screenplays in my senior year. At first it was for fun, but I quickly learned writing allow me to transfer negative energy into characters I created. This led to a decrease in depressing mood swings, which in turn boosted my quality of life. After undergraduate school in May of 2011, I move to New York City for graduate school. While pursuing my MBA, I continued to write screenplays, but always wanted to write novels as well. I finished graduate school back in the year 2014, but wrote screenplays until I began thinking of my first short film, first First Day Fears. While finishing my fifth feature length screenplay, I started to write my first novel this year. So far, I have finished my first short film and working on my next one (Freedomless Speech), and recently self published my first novel (The Boy Who Could Talk To God) and short stories book (Faheem Jackson Short Story Collection Volume 1). My feature length screenplays have been put on temporary hold to finish my short films and books, but I am making good progress on my sixth feature length screenplay. With year 2017 ending, I am currently writing my novel Precinct 86 and Faheem Jackson Short Story Collection Vol. 2. I have started teaching myself photography and will pursuing that by summer of 2018, along with my videography, podcast later on, and more research for my documentary.

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