Passing the Torch – Part 1 of 2 *

An important goal for me is to train my children (12 and 10 years old) about personal finances and investing. For some odd reason their eyes glaze over whenever I start talking about NPVs, DCFs, IRRs and calculating a compound annual growth rate using a logarithmic function in Excel (go figure!). It took a while, but I finally learned that they respond to stories. Given that, I have used stories to foster their interest in personal finance and investing.

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