The holidays are magical. The lights, the laughter, the gifts beneath the tree—it's easy to get caught up in a season of “stuff.”
But the truth is the gadgets we spend so much on today will break, be outgrown, or end up in next year’s yard sale.
What never loses its luster? The values, customs, and financial philosophies you teach your children. These are the gifts that last and lead to lifelong financial independence.
1. Teach Them About Money
Your kids will learn about money somewhere—better from you than the school of hard knocks. Teach them to budget, save, and give back. Letting kids manage some Christmas money helps teach the importance of choice.
2. Give Experiences, Not Just Stuff
Make memories that instill appreciation. Experiences show that happiness isn’t tied to dollars.
3. Practice a Healthy Money Mindset
Kids learn more from actions than words. Show them gratitude, planning, and patience over comparison, stress, and impulse.
4. Start Building Their Future Today
Instead of another gadget, invest in:
- High-Yield Savings
- Custodial or Index Funds
- Education Savings Plans
Even $25/month can grow into thousands. That’s a gift no toy can match.
The greatest thing you’ll ever leave under the tree isn’t wrapped in paper. It’s the start of financial independence.
Contributed by Doutre Financial Coaching
Northern Utah families deserve both—financial clarity and the perfect home. As your financial coach and REALTOR, I help you eliminate debt, build wealth, and make informed purchasing decisions with purpose.