The Gift That Keeps on Compounding

As the year comes to a close and festive preparations ramp up, many of us, parents,

grandparents, and family members, find ourselves spending hundreds, if not thousands, of dollars on gifts for children. While the joy of giving is undeniable, the reality is that many of these toys and presents end up forgotten, tucked away in cupboards for months or years.

What if there was a way to give a gift that lasts, grows, and truly supports their future?

The Gift That Keeps on Compounding

Planting the Seed of Long-Term Financial Growth

The Gift That Keeps on Compounding

In my conversations with clients who have older children, a common theme arises, the challenges these children face in buying their first property, funding their education, or laying down the financial foundation for adulthood. What if, instead of spending money on gifts that may be short-lived, we redirected some of that spending toward investments that can compound and grow over time?

Investment Options for Children: A Lifelong Gift

Here are a few practical and impactful ways to invest in the long-term future of your children or grandchildren:

• Education Bonds: These are a tax-effective way to save for future education expenses, helping to alleviate the financial burden when it’s time for higher studies.

• Micro-Investing Apps: Modern tools make it easy to invest small amounts in exchange-traded funds (ETFs) with low fees. Apps like these allow you to start small while still making a big impact over time.

• A Managed Investment Account: Consider setting up an investment account in their name or as part of your wealth strategy to grow funds that they can access for significant milestones later in life.

Make the Festive Season Truly Count

While toys and traditional gifts bring smiles now, investments offer a gift that keeps giving for years to come. Watching those investments grow over time is not just financially rewarding; it’s also a way to teach children the value of planning ahead.

So, this festive season, why not break the mould and think long-term? By investing in your kid's future now, you are giving a practical, thoughtful gift that can truly make a difference in their lives down the track.

From all of us at Affluence Private Wealth, we wish you a joyous festive season and look forward to helping you create meaningful, lasting gifts for your loved ones.