An Investment Account As Gift To Kids

I'm Back

It has been two years since I last posted my blog. The initial intention for this blog is to document my triathlon training, marathon and cycling. But having a full time job and training at the same time, I got lazy blogging and I just make use of my free time trying to catch up on sleep. In the past 2 years since I last blog I had completed 2 marathons, several half marathons, and several sprint triathlons. Anyways, this blog is no longer about my training. I have decided not to do any races yet or maybe I might participate some cycling event. This blog will now be anything that I am interested of, investing, software development and just anything.

An Investment Account As Gift To Kids

 Its already a -ber month, so it means Christmas is coming! I only learn about stock investing when I met the runkinman. I never learn financial literacy from my parents, because their money is only enough for our basic needs, food, clothing and education. It's even not enough, most of the time my mother has to borrow money from her sister which sometimes causes some conflict. I regret not knowing about investment when I was young. I vowed to impart financial literacy to my siblings, nephews and nieces. So, they will learn at a very young age.

For 5,000 pesos, which is about 150 CAD you can open an investment account for minors in COL Financial in the Philippines. For details check out this blog How To Open Col-Account For Minors. Instead of giving kids material things why not give them an investment account that they could have access to when they are old enough. At the same it is teaching them by example on how to use money wisely. Kids will outgrow material things, but having an investment account, it will grow as they aged.

  

I'm opening an investment account for my 3 month old niece. I will invest her money on Jollibee stocks. I'm pretty sure once she's a toddler and telling her that she's an investor at Jollibee she'll love it!

Sofia, our little Jollibee investor! Photo by: Lloyed Valenzuela Photography