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Thanks. It’s really just simple little habits and doesn’t have to be hard. That’s what I’m trying to bring more awareness to. It doesn’t have to be complicated. And it can be easy. That’s it.

@@theawesomestuff repetition is key

Yes, it’s always great to provide some guidance. And nudge where it makes sense. Just be careful not to nudge too much or to start introducing guilt; which is so hard to do when your kids choose to make a silly purchase (silly at least in your own mind).

Yes, that’s another great purchase if you like watches. The right watch will definitely appreciate. I’m a bit of a minimalist so I don’t wear a watch but the idea of an antique watch that increases in value is definitely appealing.

Actually, having currency backed by gold was better in a lot of ways than what we have now. Currency used to be backed by the federal reserve to protect its value. Now, the currency is purely based on the faith of the government that prints it. That's why we occasionaly see rampant inflation and devalutation of money. However, those issues are typically outside of a basic discussion of investing and creating wealth. And if we see the U.S. dollar become completely devalued, there are going to be much bigger issues to be concerned with. And yes, seeing the massive increase to the federal debt and artificially low interest rates for a very long time, are something to be concerened with. But again, a completely different discussion. And I suspect that what you are hinting at is cryptocurrency. Which again, is a separate discussion but defintely relevant today. But cryptocurrency comes with its own issues and there is no clear winner which still makes this a very volatile and risky investment. Wow. Sorry, I didn't mean to get so far into the weeds with this reply. But I really love opening up the discussion and commenting. Just talking about money is a great way to start removing so many feelings around money and see it as the tool it actually is.

Yes, I feel completely the same way. My parents were really good at saving and only buying things with cash. However on the investment side of things, this was something that they had very little experience with. I realized at a young age that money could be used as a tool to earn even more money and then dove into books that helped me understand finance in general. But it would have been amazing to have these things taught to me. I'm hoping to simplify finance in a way that kids can easily understand so that they can learn these things, even when their parents don't.

@@theawesomestuff we need finance and economics taught on a basic level in school, for myself I have made good money since I was 13, the problem I had was I spent it as fast as I made it because that’s what I seen my parents do, it was only after I got married that my wife and I had a talk about money and spending, we just bought a new house in August and did all the renovations and we paid for it with cash, this is not due to my ability to handle money all of a sudden, it is solely because I realized that my wife is way better with finances than I am because of how she was raised, so she controls the budget, we are debt-free with hundreds of thousands in the bank, all because 15 years ago I married an amazing woman that cared about preparing for the future, and we are teaching our kids to invest and live within their means.

@@henryhenry3832 I love that. Yes, it's so much easier than we think but it has to be taught and those habits have to be started. This is what I'm hoping to accomplish. Just an awareness around the habits and how putting money aside at an early age and letting it grow, will have a massive impact on your future wealth. And teaching kids is the best way to achieve this. I love that you're teaching your kids the lessons that you learned later in life.

@@theawesomestuff yes that’s right, im just so thankful that my wife was taught to think about the future, she started an education investment for each of our kids when we knew she was pregnant, it is looking like they will be able to do whatever they want in life without student debt if things continue like they have been.

@@henryhenry3832 That's so amazing. And that's actually what I'm hoping to teach. How to have money fade into the background and not be a major cause of stress and decision making so that our kids can focus on what's really important to them...The Awesome Stuff.