Top 10 Legacies DODOs Should Leave Their Daughters
Legacy No. 2: The 10-20-30-40 Concept
This is another important legacy you can leave because if she can develop strong financial discipline before she moves out of the house, chances are very good you will eliminate a great deal of problems in her marriage and in her life.
Encourage your daughter to give away 10 percent of whatever she earns, save 20 percent, invest 30 percent and spend 40 percent. Tracking investments is a great activity for you to do together and so she can learn where to place her money wisely.
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