Are you a poor dad?: Planning for Our Child's Future

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(Edited)

Are you a poor dad? If you are, then giving inheritance to your children in the future must also be one of your concerns right now.

Photo by Steven Van Loy on Unsplash

If you're a dad who has nothing to give your children in the future, then you better read this post.

As a father, we love our children so much that we want to leave something for them in the future.

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We work so hard every day, but it seems like the world is against us, and we're having a hard time saving money that we could give to our children before we pass away or when they are already at the right age.

Other parents don't think about this. For them, their child's future depends on their child's skills and knowledge, so they send them to a good school, and for them, that's it.

I have nothing against that, it's just that if I can do anything to give them a better start, why wouldn't I do it, right?

But I'm poor, and I'm not sure if I can save for my child's future if I'll just depend on my salary. I was contemplating this when a good idea came to my mind.

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You see, I believe in cryptocurrency and blockchain technology. I know that they will be significant in the future.

So here is my plan, As of now, my account has at least 840+ HP. Most of it, I delegated to my curation account that I use in voting content on the Hive blockchain. As of now, I have found out that my curation account earned 5 HP in 20 days, not bad right?

In 2022, my HP was only around 380+. I managed to double it in 9 months, and for me, that is good. It has a growth of 28%.

My plan is to continue growing it until the time comes when my child is ready to handle money, then I will turn it over to my child.

Today, my child is zero years old, so maybe I still have 18 years to grow this account. I will continue to write and post every day. I will not get discouraged, even if my posts only get a few votes . I believe that eventually, all the rewards that I get from my posts and curation will pile up and grow.

Not only that, as long as NFT games like Splinterlands and my other NFT games are there, I will add the income that they generated into my Hive Power to make the growth of my account faster.

This will be the start of my additional goal in life. I'm not sure about the future, and I also don't know if I'm right that Hive and the platforms running on it will still be there after 18 years.

But taking action is still better than doing nothing and accepting that I cannot do anything for my child's future.

I already have plans on what to teach my child when she grows up. When she reaches 12, I'll teach her how to blog so that she can create an additional account that she can grow for herself.

What do you think of my idea? Drop a comment below, and maybe you can give me some additional tips.

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10 comments
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Nice post and plan!
I am a dad, but I am really not poor anymore and my kids are grown.

All I can tell you is don't stop planning. Keep on coming up with ways to get income however you can. I have supported my kids fairly well, but to this day wished I had done more. I especially wish I had done better in the preparing my kids for being better at money than I was (fell a bit short on that one). Nice to see you are planning for that

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Making money is not taught in school here. They only teach us how to recognize money and what it looks like, along with some basic mathematics. I want my child to understand the value of money and how it works from as early as age 12. I don't want her to grow up like me, only learning about the value of money at an old age. I also want to do this so that she won't be under the control of money, instead, she will be the one in control of money. Thanks for the support! :)

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This is a nice read. May many father and mother ponder on this.

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Thanks! They have nothing to lose. This activity doesn't take too much time.

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