Like father, like daughter…
Recently, my 7-year-old daughter started asking me some questions about my blog. She wanted to know what I write about and why I do it.
I’m very deliberate in making sure that I don’t treat her like a kid when she’s interested in answers to something. I have a couple reasons for this:
1) I want to ensure she’s never afraid to ask questions. And so far, that’s always been effective. She never feels like she can’t check with us on something she’s unsure of. She asks a lot of questions… the right questions.
I like that a lot.
If you think you know everything, you won’t learn. If you’re not afraid to ask questions, though, you have an opportunity to both learn and grow.
I try to be careful in not pushing her in any direction. My goal is to just give her the facts and let her determine the destination from there.
2) Kids get treated like kids all too often. If you don’t answer their questions sufficiently or brush them off, they don’t have an opportunity to really think.
Having my daughter understand something she’s curious about is important to me.
I enjoy watching the wheels turn as she processes whatever topic we’re talking about.
And I’ll break it down for her until we get to the point that she gets it. She’s definitely not afraid to speak up and put the brakes on a discussion… and then we just move on to something else.
Back to the blog…
My daughter already knew that I spent time every week working on a post. In fact, this is always a sticking point as my blog takes time away from her. She loves to roll her eyes when Mrs. R2R or I tell her that I need to work on a post.
However, she didn’t know much more about what this site is all about. So I spent a few minutes explaining what I do.
Personal finance has become something I really enjoy and this gives me a great opportunity to help others learn from my successes as well as my mistakes.
She liked to hear that.
Then when I told her that I hope this site continues to grow in both followers and income over the years, she liked it even more. Like father, like daughter!
You might already know that I talk to her openly about money and try to help her understand some of the basics of real estate and starting a business. In my post, Another Reason Why Working for Yourself is a Smart Idea…, I talked about how she’s been expanding her lemonade stand into slightly bigger operations.
I’ve also mentioned in Showing Kids the Path to Financial Freedom how I like to discuss our plans for financial freedom and the path we’re taking to get there.
So, as we continued to talk, I told her that she’s welcome to write a post for me to publish.
That brought a smile to her face and she headed right over to her laptop (a small notebook I got for free from work!).
The “Like Father, Like Daughter” post…
She quickly stopped what she was doing, looked up, and said, “What should I write about?”
“It’s up to you… I usually write about different money ideas or what we’re doing to be able to retire earlier, but you can choose whatever topic you want.”
I watched the cogs start turning and the grin on her face let me know she had a good idea.
Later, she asked me how long my posts are and when I showed her, her jaw dropped. She was relieved when I told her that hers didn’t have to be that long.
Now, I’ll preface this by saying that she requested that the font size be precise to what she had written as well. It was pretty large on her computer, which made it look a lot longer than it was.
Shh, don’t tell her that I brought it down in font size to make it easier to read. But I might start doing that on my posts down the line to make them appear lengthier as well!
I was also instructed to leave the font color as pink like she had used. So without further ado, here’s my daughter’s post…
MY PLAN !!!!!!!!!!!!!
Hey my name is [REDACTED BY DAD] and you may know me because my dad talks about me A LOT. I am 7 years old.
Anyway, when I grow up I will buy a big duplex. Why? One: more money. Two: daddy
And get lots and lots of money and become a millionair. I will sell my paintings on line. Get more money and retire early and that’s my plan!
Um, I think I talk out loud a little too much. If this isn’t a “like father, like daughter” moment, I don’t know what is!!
Ok, it’s not the longest post you’ve ever read, but it’s a start.
I don’t want to over-analyze this handful of sentences, but judging by what she’s written, a couple things jump out at me…
1) Apparently, she’s listening when I talk – scary, right?!
It’s definitely a satisfying feeling to know that she’s paying attention to what I say. I don’t have all the answers, but I know I wasted a lot of time in my life following the standard “brainwashing” we’re taught.
Thinking you need to go to school, get a job, work for decades, and then hopefully have enough money to retire is good for some, but it’s not the only path.
I won’t make my daughter do anything – she’s too smart for that and it would only backfire anyway. However, I want her to know all her options and the risk/reward of the different paths.
For instance, starting a business can be a lot of work up front, but can present great rewards down the line. Or real estate is a fantastic path to wealth and can be a great hedge or alternative to the stock market.
These are just a couple of the things I wish I learned early on, so I’m making sure my daughter has a grasp on them earlier rather than later.
2) She’s already thinking about making money doing something she enjoys.
The idea of her selling her artwork online is something I haven’t heard before. She loves to draw and paint, which is cool because I’ve always had a knack for that as well (I was a Studio Art major for the first couple of years of college).
However, she’s still too young to know if that’s what she’ll want to do when she’s older.
Regardless, if she can figure out a way to make money doing what she loves, she won’t work a day in her life. I hope she pulls it off!
She definitely understands how important FIRE is to me. Apparently, some of my excitement has rubbed off on her. Whether or not she wants to retire early is something she’ll figure out over time, but I like that she’s got the wheels turning.
Anyway, I know a “like father, like daughter” post is something a little different from my usual stuff, but I hope you enjoyed it anyway. I love this kid to pieces and enjoy seeing her mind continue to grow every day.
Do you have kids that are following in your footsteps? Do you like watching the light bulbs turning on when they start figuring things out?
Thanks for reading!!