Once met a wealth manager while working at a bank , For each of his kids as an Extra birthday present because kids like toys and stuff too i guess he started them off with X amount of foreign currency , at the time he was using euros . Then he involved them in a project to decide what they wanted to do to invest and grow it towards something they would want later , Like a car , or educational trips to other countries or whatever . IIRC most of them converted to US immediately and then did something , bonds , stocks etc . of his three kids one was doing ETFs in india , another went tech stocks . This was never so much to rely on these investments , it was to teach his kids some level of market finance understanding that he felt was necessary no matter what life you led and to make sure his children understood the value of money . He also funded the kids investments the same way he funded their allowances with chores . He actually had to stop the daughter who was doing tech stocks from saving up to put the Income part of the chores into her portfolio .