How to raise Young Millionaires using allowance Part 2
Feast Magazine|May 2020
Let’s continue our allowance story that was featured in the February 2020 issue of Feast.
- Rose Fres Fausto, FQ Mom
How to raise Young Millionaires using allowance Part 2

There I discussed how I was a saver since kindergarten. I regularly put aside money from my weekly allowance using my alkansiya, shaped like a transistor radio, given to me by my pretty Aunt Vicky. Since it worked well for me, we decided to teach this habit to our three sons—Martin, Enrique, and Anton. Instead of an alkansiya, they used their respective treasure boxes, giveaways from their kiddie savings accounts.

Go Beyond Saving

We didn’t stop with their treasure box. We went beyond savings and introduced simple investing.

When their money in the treasure box reached P500 to P1,000, they deposited it in their ATM accounts, which we called small accounts for simplicity’s sake.

この蚘事は Feast Magazine の May 2020 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

この蚘事は Feast Magazine の May 2020 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。