In honour of Father’s Day, Sunday, June 21, we wanted to share the best financial advice we’ve received from our fathers.
“I remember my dad getting me a piggy bank at a very tender age. He always said, ‘Start saving early, no matter how small the amount is. But do it regularly.’”
– Pramod Udiaver, Invisor co-founder and CEO
“I remember asking my dad to borrow money from him to buy a small toy race car. He said ‘If you really want it, why don’t you save up for it and buy it when you have the money? You may feel differently about spending the money when you think back to how hard you worked to save it. But if you still want the race car, you can buy it then and enjoy it knowing you earned it…and you won’t have to worry about paying me back!’ He taught me that not all debt is bad, but we shouldn’t buy ‘toys’ we can’t afford until we have worked hard, saved, and earned them!”
– Dan Poole, Invisor co-founder and COO
Now it’s your turn! What’s the best financial advice your father ever gave you?
Visit the Invisor Facebook page to share your story and like the page for your chance to win a $100 Canadian Tire gift card. You can keep it for yourself or perhaps give it to your father to thank him for the great advice.
Invisor offers Canadian investors personalized investment management solutions at a fraction of the cost of traditional advisor models, without requiring any minimum investment amounts. Get started now to tell us a little about yourself and your goals, and we’ll find an investment solution just right for you.
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