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MANILA, Philippines – Do you remember what your parents gave you for your 18th birthday?
Jennifer Cueto, former SEC Commissioner, will always remember that gift. In fact, she valued it so much; she decided to replicate the gesture for her 2 kids, who are 20 and 15 years old today.
No, Jenny did not get a car, a lavish overseas trip, or a huge sum of money. Her dad, a broker, gave her a stack of stock certificates. It was more than a sign of being of age, it was to start and grow her own portfolio.
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Jenny grew up in a household where money wasn’t hard to come by. But that didn’t mean a lack of discipline from her parents. Jenny was taught to manage her own money from a very young age. By the time she was in law school, she was paying for her own tuition.
From the start, her father taught her about the true value of money – how it isn’t just something you spend or save. It should be something that you nurture for the future. “Money is a means and never and end. It is a means to do what you want to do,” Jenny said.
Today, Jenny considers herself blessed to be able to provide the good life for her kids But like her Dad, she wants to teach them how to build their own wealth. And from the looks of things, they’re off to a great start. – Rappler.com
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