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If I had some wealth when I started life after graduation, I wonder how my life would have started, and how it would be right now.

Things would have been different – positive way. I must have opted to do masters like my rich friend instead of a job; a job which I didn’t love.

My parents were in need of a financial support. I couldn’t afford to wait to chart my life largely based on only passion and aspirations.

Basically there wasn’t a choice for me. But I want to rewrite it for my kids. I want to attempt building at least that choice.

This means I want to give my kids a head start in building their wealth so that they have something when they are adults.

The Wealth Building Head Start Plan

What a middle income father can do? You might be right. But, I still think something is better. Here is the plan:

Saving for the Son

I plan to start next year – he will be 7. The aim is to have equal amount of money in their recurring bank accounts when they are 25.

The initial capital is Nu.675,000, and monthly deposits of Nu.4,500 until I am 54! My total investment will be Nu.1,647,000.

One option could be putting the planned initial capital into stock and then keep on adding with the new capital.

However, looking at Bhutan Stock Market, and its policies, I would rather feel comfortable with recurring bank accounts.

How would you give your kid a head start in building wealth? Would you choose other forms of investment?