Saving for your children.

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(Edited)

Today I read an article with the title "best savings accounts for your kids"

I guess I should say skimmed an article. It started out by talking about all the different types of accounts you can set up for your kids. Then talked about all the documents you need to set up an account. It started to sound complicated.

The top account they suggested was the capital 1 savings account that paid out at 4.13%

I have a better idea. Lets start getting our kids on $hive and give them a way to earn while they save for themselves.

I have had this idea a couple times in the past and I even helped my boys set up an account together. They made a couple posts about their splinterlands journey and I think they have probably earned a little hive. I am going to have to get them back to posting.

If they did earn some HBD they could then earn 20% on it.

I also think that I might sponsor their account with some HSBI that they can get some upvotes to keep them motivated when they post. The HSBI would just build up a vote value for them for whenever they did start posting. Its kinda lika a savings account all in its self.

Even just a post a week while they are young and eventually it would build up to something for when they needed some money. Or maybe just mayb they would go full time HIVE int he future.

I would love to hear your ideas and how you think we could save for our kids on this blockchain.

Posted Using InLeo Alpha

Posted Using InLeo Alpha



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15 comments
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Yeah man, I have 2 accounts for my younger ones....It's nothing huge, but it's earning them that 20%. Once they get a bit older, I'll explain it to them.

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Smart idea

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I think it might work out alright. I need to put it into practice.

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This is true ooh
It will be nice to bring our kids here on Hive and they can begin to create wealth for themselves

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Good man. I did the same for my kids. They have some junk silver coins and some HBD. A nice balanced start!

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I love your idea
And the good side about hive is the token might appreciate by the time they grow up

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Starting early profitable ventures for our kids is a good idea, I least it teaches them about money and finances from that young age and it will give them also a solid financial base to build on when they become adults.

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It's nice to meet a person who is building a crypto wealth fir his kids. I created this account during the Covid-19 pandemic and started #iamalivechallenge challenge. That helps me to from the account. I am glad that account has growing and will be a good present for my kid.
Please share your kids account name so that I an follow and will set in the auto upvote.
!ALIVE
!PIZZA

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@dkid14! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ gurseerat. (1/30)

The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.

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That’s awesome. My boys shared account is @jbros

I’ll get them to start posting in the new year again.

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