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‚ÄčThere is only one investment that is guaranteed to make a gain in life. That is the investment in family. There are a lot of people to invest in but there are mainly 3 of these people that exist being yourself, your partner and your kids. You could write a whole book on yourself and your partner and this subject is beyond the scope of this book. The focus here is investing in your kids. Not one person has ever looked back over their life and said, “I wish I had worked harder”. If they do say that, then they are just not great people to be around.

You can invest for them such as saving for their education or their long term future. This is fantastic and I would really encourage this because it really does show you care about their well being later in life, perhaps after have passed away. Unfortunately, this is a perfect scenario that cannot always be carried out in the situation you or your family are in.

There are 2 options to make sure they are looked after.

1. Make sure your will is up to date. I am no expert in this and I would suggest a lawyer or attorney for this advice but making sure your will is in order, tells people that you have thought about your death ahead of time. This may sound backward but it will save them a huge amount of time, money and hassle subsequent to your passing.

2. Make memories.

Make the kind of memories that will stay with them forever. Perhaps you will learn a few things too! This type of memory does not have to be long, fancy overseas trips or extravagant gifts. Yes, those are nice but in 40 years time, will they be able to remember what present they got for their 4th birthday?

The type of memories i am talking about here is the kind of memory that they will tell their kids and grandkids and they will passed on through the generations. an example is that they will always remember talking to family and friends around the kitchen table. My kids are already got memories that will stay with them. They know that Daddy goes cycling and they go and watch me. My daughter even asks if I am going with granddad because I ride with my dad so often. These are small things when you single them out but they will last forever.

The investment in family is the only investment that will not fail or depreciate and in fact, it will only grow. It will even continue to grow after you pass away.

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Tax Deduction

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Be the Dad

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