My brother Paul is the smartest guy I know. He is the CEO of an internet startup and is my mentor on a lot of subjects. One of those subjects is personal finance and saving. I'll share with you guys what he does for each of his daughters to give them a huge helping hand in creating a middle class lifestyle.
When his first daughter was born, he started putting $300 per month away in her college fund. By the time she's 18, Paul will have plenty saved for a good education at a California state school. He won't have to make cut backs or change anything for this increase in spending, because he was preparing for 18 years.
Pretty smart huh? What a nice thing to do for your offspring.
1 comment:
Let's go Aztecs, let's go!
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