"With lockdown in place and most children being restricted... some extended financial skill opportunities are missed out on".
As a little side note, I would like to add that having funds in a short-term savings account can also give one the flexibility to load up on assets when there are dips in the market. Covid-19 has magnified stock market volatility, which has created excellent opportunities to invest extra funds when unit prices are low.
It can be hard to ignore noise in investing as well as in life, which is why so many of us live day-to-day, focusing on our immediate needs. It can be difficult to see beyond the ever-increasing costs of essentials, from groceries and petrol to school fees and the rent or bond payments. Often the urgency of our short-term needs diverts our attention from something equally important: our long-term needs.
Not only do your savings add up over time, leaving them invested means they will attract compound interest, which really is the secret sauce of success in long-term investing Nobody cares more about your money than you do, and the best way to take care of it is to pay attention.
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