Welcome to Radical Personal Finance, a show dedicated to providing you with knowledge, skills,

insight, and encouragement you need to live a rich and meaningful life now while building a

plan for financial freedom in 10 years or less. On today's show, we continue our series on how to

invest in your children at an early age. This is clearly a very extensive series and what I'm

seeking to do is to persuade you that when you think of investing your money, you ought not first

to think of a product that you can buy from a financial product salesman. Rather, you should

think broadly about the term. And I'm developing in detail a thesis that I've had for many years that

most of the dollars that parents save to spend and invest in their children, for example,

to purchase mutual funds and put them in a five to nine account, are probably better off spent

in some other form or fashion at an early age into the well-being and intelligence of the child.

And so while these are not mutually exclusive, you can do both if you have the money.

I want to encourage you that you're going to get a better bang for your buck by focusing on

these things that I'm talking about. So in this series, we began by talking about your child,

pre-conception of your child and the basic genetic material that your child inheritance,

conception and childbirth. Then we talked about nourishing your child's body, helping him to develop

a body that is free of disease, that is vigorous in health, helping him to maximize his genetic potential

in terms of height and beauty, et cetera, with good nutrition and a clean environment.

Lots of exercise getting stronger, et cetera. Then we pivoted from the body to the mind. And with

regard to the mind, I spent two episodes focusing on literacy. And now in this episode, we're going

to turn to numeracy because these two things go hand in hand. Literacy and numeracy are the basics,

and they're certainly the basics of academics, but I think they're the basic skills of life.

If we had to choose one or the other to focus on, I think literacy would take us farther.

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