11.04.2025

So far, the money is safe

The world's most perfect teenager turned 18 at the end of August this year. With this, he became an adult in Sweden and gained access to his endowment insurance. The money in this endowment insurance includes all the deposits during his upbringing of all the birthday, Christmas and other money he has had to save over the years, and amounts to almost $8,000.

The world's most perfect husband and I were a little worried that he would sell off all his holdings and spend all the money. Instead, he asked us to issue a power of attorney with us as the proxy holder and continue to manage his investments so he doesn't have to worry about missing something like yield tax.

Junior hopes to be accepted to Aalto University in Helsinki next summer. I assume he's saving the money until then, I don't dare think about what happens if he doesn't get accepted.

AI generated image with Grok

No comments:

Post a Comment

Final Post – This Blog is Now an Archiv

Dear readers, After many years on Blogger I have finally moved my new writing to a more stable platform. This blog will remain online as a c...