Money lessons from dad: Financial wisdom passed down through generations – Pt 1
FATHER’S Day is a time to celebrate the men who have shaped our lives, offering guidance, support, and wisdom. Among the myriad lessons fathers impart, one of the most enduring and impactful is the understanding and management of money. Whether it is from their words or actions, our dads are often our biggest role models.
From teaching the value of a hard-earned dollar to demonstrating the importance of saving for the future, dads play a crucial role in shaping how we view and handle money. As we honour fathers this year, we hear from a few children of JMMB representatives, how their dads have impacted valuable financial lessons. After all, the best measure of a father’s legacy is reflected in the values and knowledge that he passes to his children.
Father: Franz Moulton, senior trader at JMMB
Son: Ajani Moulton, 13 years old
Money Lesson: Make a budget and stick to it.
At just 13, Ajani is quick to create his budget and check it twice before spending.
“My dad always encourages me to save before I spend and so a portion of my allowance goes to(wards) saving before spending on games/toys/clothes etc,” he said.