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.
Not really advice, but sharing my experience.<p>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.