Some people have a long term perspective on life. They give stock certificates as gifts to their children and grandchildren rather than trinkets that soon break.
The perspective some have on life is from one paycheck to the next.
The perspective some have on life is to live from year to year.
The perspective some have on life is for years down the road till the return of Christ.
Giving stock is a great way to open the doors to teach your children and grandchildren about finances. You can help them see their lives down the road further than just the next shiny thing that comes along.
You can teach them that money is for saving not spending.
You can teach them that our family is a producer of wealth not a consumer of wealth.
You can teach them that our affluence comes from our balance sheets, not our stuff.
There are many things to teach our offspring and this is just a piece of biblical financial literacy.
Even if all you gave them was $100.00 per year in stock you are already fulfilling the verse:
Pro 13:22 A good man leaveth an inheritance to his children’s children: and the wealth of the sinner is laid up for the just.
And you will start them on the road to The Prosperous Life.
Such a simple inexpensive thing to do, yet so impacting. Thank you for sharing.
We have been doing this with our grandchildren. My son told me the stocks we have given to his oldest daughter have risen overall by 40%!
Roger,
Very nice – short and to the point article – great advice.
And very simple and practical too!
Love you, brother,
Mike
Glad you liked it. Have a great week.
Roger B.