One minute you're showing them how to hold a spoon, and the next they're graduating from kindergarten.
To celebrate, we made steamed then grilled teriyaki pork ribs served with feta cucumber salad and fries.
Because according to Remy, cake is for little kids and we're big boys now.
I opened a Fixed Income Fund for my daughter and deposited an initial Ksh 50,000.
The plan is to top up the account with Ksh 5,000 every month and target a conservative annual return of about 10%.
By God's grace, that account should grow to approximately Ksh 3.3 million by the time she turns 18 and I will be 48.
Before anyone argues that Ksh 3.3 million will be "nothing" 18 years from now, consider the opposite perspective: imagine someone who started investing 18 years ago and today has Ksh 3.3 million. That person is financially ahead of the vast majority of https://t.co/Umd3Q9uzO5 think of what could have happened if that person thought how 3.3M will be nothing .
One promise I have made to myself is that I will not raise broke children, nor will I depend on my children financially in old age.
As parents, one of the greatest gifts we can give our children is a solid financial foundation, financial knowledge and the freedom to pursue their dreams without starting from zero.
Happy fathers day to us!