Ask HN: What is a good financial gift for a 17 y/o
My first thought was to give my 17 y/o niece a cash fit. However, I'm wondering if there is something better that holds value but can also be an introduction to financial literacy and investing.
A family friend of ours gifted me U.S. Treasury bonds each year when I was young, before she passed away. I learned about saving and investing at a younger age partially because these and other financial instruments were given as gifts. I also received shares of stock and then learned about dividends and reinvesting those dividends. I cashed out the U.S. Treasury bonds for the down payment of my first house and I’m incredibly grateful for that assistance, thank you Auntie Hope <3.