How soon should you start investing for your kids?  When should you start teaching your children the concept of investing? If you’ve been wondering if you should start now or wait a bit longer, stick around to gain some insights on this topic.

In this episode of Dadpreneurs Rising, Carl Taylor tackles the dilemma of whether or not parents should invest money for their children's futures. He shares that he sets aside a monthly amount that gets invested into ETFs and shares for his daughter. Her portfolio is kept separate, so the funds are earmarked for her. 

Carl believes it's important to give kids a financial foundation, even through small, regular contributions. There is danger in simply handing money over to your kids without inculcating a mindset on how they should handle their funds. So his plan is to start teaching his daughter to invest the money alongside him to help her develop financial skills and perspective before she’s allowed access to the capital as a young adult.

The key is to not simply build assets but impart money-related knowledge and provide your children with an investing portfolio to learn with.