Teaching about money

One of my objectives of blogging is to figure out how to educate my kids about money. After reading a lot and listening to a lot of podcasts, I now am happy with the following model, based on needs and wants.

The what-if trap

When I listen to podcast or read blogposts from people that have made very different life choices, I sometimes¬†wonder what if I had done something similar. Some of these people FIRE at age 35, some travel the world while house sitting,… You name it, they do it!

Taking risk

We all have a different view on what risk is. Given the same input, we come to a different conclusion. That is what makes discussing investing so beautiful.