Before you wait in the rain to buy your child that special gift like Harry Potter Lego or Twilight Bella Barbie, consider giving a financial-related gift instead. Money isn’t necessarily a boring gift.  Gifts that teach the importance of sound money management and investment practices can provide valuable lessons that will serve your children for years to come.

Give a portfolio
Several shares of stock in a movie company or computer software could be a big hit with a teenager. Together you can follow the stocks performance in the paper and watch for news about the company.First, you have to open accounts in your name in trust for the child. Financial institutions and brokerage houses will not allow accounts solely in the name of a child until she reaches an age at which the institution deems she can deal legally for herself.Individual stocks may be better for educational purposes. Your children will receive annual reports and shareholder correspondence and begin to understand they are investing in businesses, not pieces of paper. This will lead to them learning more about the fundamentals of investment management. Some annual reports are actually lively, and if you invest in a local company, you can attend the annual meeting together.If you do buy individual stocks, try to pick companies that have dividend reinvestment programs so that additional shares can be acquired each time dividends are paid. This way you won’t have to worry about investing small amounts of money, and you will be amazed how, in 10 or 20 years, these small bits aggregate into large positions.Gifts that can grow over time


Several companies offer mutual funds especially geared to children. These funds invest in child-friendly companies and send the young investors educational materials that teach them about investing. They also typically accept lower minimum opening deposits and target long-term growth.

Term deposits, savings bonds and Registered Educational Savings Plans are also good gifts for a youngster. These gifts help them learn about money and shows that you believe in their future.

Books, videos and software


At bookstores and educational toy stores, you can find books, videos, board games and computer games that teach money management skills. For younger children, look for games that teach the advantages of saving part of their allowance. And don’t forget about the old classic, Monopoly, which teaches children how property appreciates in value. Older children might like a book about aspiring entrepreneurs, while college students, living on their own for the first time, might benefit from a book on budgeting.

The difference between these gifts and a Nintendo Wii is longevity. They will continue to run and “speak” to your children for years to come.


Jennifer McCallum

Thank you so much for stopping by this page to get to know a bit more about me and why I started Parent Guide Inc. My business story started a way back in 2001... …after the birth of my first daughter, I realized that an "all-in-one" resource guide for parents was needed, and fast! I designed the New Parent Resource Guide to fill a gap in the community for busy parents like myself. The New Parent Resource Guide offers an A-Z of key contacts for parents, caregivers, service providers, and health care professionals.  Working with key businesses and organizations in the community, we have also compiled much-needed articles, tips, and charts to answer all your parenting questions. The latest addition to our family is the School Age Resource Guide to serve parents of children, 3 to 18 years!  This guide answers questions about: nutrition, bullying, curriculum, building self-esteem, and much more, as well as offering a full directory of local and national resources. The website offers an “all-in-one” spot for parents to connect, add their own blog, and find needed resources in their community.  It is a site that educates and entertains and if you can't find somthing just ASK me. I am here to serve YOU!  My hope is that you connect with our members, find comfort in their words, and share your own story. My goal is to see what I can do to help make life a bit easier for you.   You are why I do what I do! I can’t wait to get to know you!  Comment below to tell me about yourself – then start blogging so we can find out what makes you get up in the morning!  Check out my blog too and I am sure you will be surprised what gets me out of bed each day!!! Jennifer -  Mom and Publisher

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