Teaching CJ the Wealth-Building-Powers of Compounding
Disclaimer: Good Day, Readers. WealthBuildingPowers blog is a financial literacy/competency blog and does not provide specific investment recommendations.
A friend’s grandson, CJ, was born on April 21, 2025. So, let’s start building his future education fund! No time to waste!
CJ’s Education Funds
Total deposits = $65,700. Depending on the average return rate, CJ could have between $ 99,000.00 and $130,000.00 for education or other expenses.
Building CJ’s Financial Literacy
When old enough, involve CJ in contributing to his savings and tracking his account value. Help him see how small contributions grow exponentially—a crucial financial lesson. Explain the concept of compound interest and what his money is invested in and why.
Compounding Works!
Real-Life Examples:
- Starting Early for Retirement – A person investing at 25 accumulates much more than someone starting at 35, despite contributing the same amount.
- College Savings Growth – Parents who consistently invest see exponential gains over 18 years, making education more affordable.
- Dividend Reinvestment Strategy – Reinvesting dividends increases returns compared to taking cash payouts.
- Long-Term Stock Investing – Holding blue-chip stocks for decades leads to wealth accumulation.
- Legacy Wealth Building – Grace Groner’s $180 investment in Abbott Laboratories grew to $7.8 million over 75 years, thanks to reinvested dividends.
Styron’s Investment Journey
I leveraged the power of compounding to fund my daughter’s education, invest in rental properties, and secure my retirement dreams! I invested in bonds, stocks, S&P 500 index funds, and rental properties.
Time To Begin Your Journey To Wealth!
Make saving a habit by depositing the same amount at set periods. Even if you have a financial crisis, reduce the amount, but NEVER STOP saving! One day I promise you will be grateful!
The paths to financial freedom are UNLIMITED. CHOOSE YOUR OWN!
LET’S MAKE SOME MONEY – CRYPTOCURRENCY IS ACCEPTED!
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ABOUT ME
I am a proud nerd (as my beautiful wife and daughter have told me) investment and finance blogger with an NC. State, Chemical Engineering, University Rutgers, MBA and Harvard University, Advanced Management education.
I left a corporate career because I desired to make a difference as a speaker and writer. I was blessed to be coached and mentored by strong women and men in my family and professional life. It is my time to serve and give back.
DISCLAIMER
I started my first business at ~13 years of age (a small but brilliantly created plant nursery). I am a successful investor in stocks, options, and real estate and am happy to share my finance and investment lessons. I am NOT a licensed financial advisor. Please do not construe my suggestions on this blog as recommendations for your situation. As an investor, you must establish your risk/loss tolerance. Investment in any asset involves risk, including complete loss.
Please seek your licensed CPA or fiduciary financial advisors for individual financial advice.
I write this weekly blog to make an impact by reaching an audience and demonstrating the need for financial literacy. I will help you get there.
