Financial Upbringing – The First Real Test

As I’ve mentioned before, we have “forced” our son to save 50% of all the money he has received as birthday, Christmas, and Easter presents since he was 7–8 years old.

In this account, he gets to choose the stocks himself. Over the years he has bought everything from Roblox to Nvidia.

This has been going on for more than 11 years. In the beginning there were many tears and a lot of complaining, but now he has gotten used to it.

In exactly one month he will start his first summer job. For three weeks he’ll be working at a playground in Stockholm, earning around 11,000 SEK gross.

This is where our financial upbringing will face its first real stress test.

The big question is: will he invest 0%, 10%, or 50% of his salary?

I don’t dare guess what he’ll do — because knowing me, I’d probably jinx it anyway.

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