Teach children about investing

The greatest power that you have as a parent is the ability to teach them about money while generating personal wealth for your kids that can last a lifetime.
On your child's first birthday skip out on all the presents while doing something for them that will allow them to retire rich and happy later in their life. Invest 1,000 (or more) for their retirement and teach them the power of money compounding early. Simply use the one step investment strategy to allow it to grow while protecting your downside. The reason you should invest 1,000 dollars is because you can make them rich beyond their wildest dreams when they are older through the power of compounding in the stock market.

When your kids turn 12
On your child's 12th birthday time to break out the latest statement and teach them all about compounding. Once they see that 1,000 of their own money has compounded to 5,350 they will be investors for life. Be sure to include the projected amount his stock trading account will be at by 18, somewhere in the ballpark of 12,375! Talk about a easy way to get kids interested in investing and making money in the stock market.

When your kids turn 18
On your child's 18th birthday it's time to teach them about the power of a retirement account. Sit down again with them and teach them all about the employee match from their employer will most likely be able to contribute in. They already know how powerful compound interest can be, now they will find out that someone else will give them "free money" for the retirement they will be so exited, they might actually pee their pants! Another way to get kids exited about compounding interest more fun, make a deal with them to match their employers amount with your own money.

Retirement
If everything goes right you will have made your kids money grow from 1,000 to compound to a fantastic 8,817,787. Now talk about starting out retirement with a bang! What's even better is if they actually start putting some of their own money into their companies retirement plan, then that number would be bigger.

Money is not
Everything, that's right I said it, money is not everything, but it does help. Just remember to give your children lots of love and teach them as much about things as you can, all they really want is for you to spend time with them. Make sure to also teach them what you did for them with the 1,000 dollars and maybe when they are older teach them to do it with closer to 10,000 just to keep passing the wealth down through future generations.