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Home Retirement

Empower New Parents with Financial Wisdom

by bullnews
February 11, 2025
in Retirement
Reading Time: 3 mins read
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Empower New Parents with Financial Wisdom
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Editor’s Note: Something remarkable happened last week thanks to Chief Income Strategist Marc Lichtenfeld!

On Tuesday, he achieved a remarkable 202% gain within just 50 days for one of his VIP service recommendations, Trigger Event Trader. Then, by Thursday, he managed to close out a 216% profit in another VIP service, Technical Pattern Profits, in only 30 days.

In my two decades of reviewing recommendations, I found this to be the only time an Oxford Club strategist has closed out two winning investments of more than 200% across separate services within the same week. Quite the milestone, indeed.

To all subscribers of Technical Pattern Profits or Trigger Event Trader, congratulations on these impressive gains! We’d love to hear about your experiences with these trades, so feel free to share your stories with us here.

– James Ogletree, Managing Editor

A couple of weeks back, I stumbled upon a social media post from a stranger who praised his former boss for guiding the team in building "lifetime wealth." Apparently, my book, Get Rich with Dividends: A Proven System for Earning Double-Digit Returns, played a part in that journey.

It was both humbling and gratifying to know that this mentor found the book practical enough to use it as a financial learning tool for his team.

Following that, a friend mentioned she’s planning to gift the book to every new parent she knows. I can’t help but feel that it’s a wise decision.

When it comes to baby gifts, I enjoy choosing things that are not only practical but are sure to bring a smile. Recently, I gifted a dear friend a "diaper genie," knowing it would remind her of me with every diaper tossed.

Having a baby is a whirlwind of joy mixed with a fair amount of stress. I remember the day my wife and I brought our son home from the hospital. We looked at each other and asked, "What do we do now?" in the broadest sense possible.

We were trying to figure out how to care for our new little human, how to nurture and guide him, and, dauntingly, how to manage the financial aspect of it all.

Thankfully, we had a bit of a jump on the latter. During my wife’s pregnancy, we engaged with a financial advisor. He projected that by the time our child would be ready for college, tuition for a private university could soar to $80,000 annually, which was double the cost at that time.

Thus, began our earnest saving and investment endeavors.

For expectant or new parents, saving can be quite a challenge, especially when considering their own retirement funds. Early career stages often don’t come with high salaries, and costs can pile up when you have young children.

However, mastering the power of compound interest and savings from an early stage can make a world of difference, leading to either financial strain or security.

It would be wonderful to see financial literacy becoming a staple in supporting new parents, whether as part of a birthing class, included in baby shower registries, or in any other form.

If finance is your forte, perhaps the greatest gift you could offer is your time and wisdom. Share your financial successes and blunders with new parents. Talk about what you wish you had known back in the day.

The next time you’re invited to a baby shower, think about wrapping up some financial wisdom as a present. It may not win the gasp of delight that a cute outfit does, but it’s a gift with lasting value for both the child and the parents—outlasting even the trusty diaper genie.

Tags: EmpowerFinancialParentsWisdom
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