Episode 5 of 6
Teaching the Kids
Henry and Elena's kids are 12 and 14. They decide to start teaching them about money — not with a lecture, but by giving each kid a $500 custodial brokerage account and letting them pick stocks. Henry models the lesson plan: what $500 invested at 14 becomes by age 30.
Key Insight
$500 invested at age 14 growing at 9% becomes $3,640 by age 30. But the real value is behavioral: kids who manage money before 18 are 2.5x more likely to save consistently as adults. Henry frames the custodial accounts as a $1,000 investment in their children's financial literacy.
Model This Scenario